India's second biggest IT outsourcing company – Infosys – on Monday announced the acquisition of US-based Panaya for $200 million.The New-Jersey based Panaya provides cloud-based quality management services for enterprise applications. Its clients include companies
Mumbai: Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape."It is not that
Vishal Sikka has undertaken the biggest restructuring exercise in Infosys since he took over as the company's CEO in August last year.He has reshuffled the responsibilities of the top executives of the subsidiary companies. Sikka
Mumbai: Nandan Nilekani, co-founder of Infosys, has reportedly paid Rs 22.5 crore, Rs 1.29 lakh per sq ft, for sea-facing Mumbai apartment in the marquee Samudra Mahal building at Worli in South Mumbai.The three bedroom
New Delhi: Once an IT bellwether, Infosys expects to regain its premier status and beat industry growth rates in the next 18 to 30 months.The over $8 billion company's market performance has been improving with
New Delhi: Infosys, the country's second largest IT services firm, is open to ‘bigger scale' mergers and acquisitions but with a caveat, it is not interested in “yesterdays” companies.The Bengaluru-headquartered company, which was once the
New Delhi: Infosys CEO Vishal Sikka has met Prime Minister Narendra Modi and disclosed that his company will spend $250 million (over Rs 1,500 crore) to fund innovations in software and services in India.The chief
New Delhi: In order to secure their business premises and large workforce against potential security threats, India Inc. is increasingly investing in professional anti-terror consultancy provided by CISF, with such demands from the business sector
Bengaluru: Global software major Infosys Ltd would return to industry growth (13-15 percent) and catch up with its peers by end of fiscal 2016-17, its chief executive Vishal Sikka said on Friday."As our former chairman
The perennial problem of attrition seems to be a major concern for many Indian IT companies. To control this problem, a lot of them are now showering gifts such as iPhone 6S, 100per cent bonus
Bengaluru: Infosys, India's second-largest IT firm, today reported a 13 per cent growth in consolidated net profit to Rs 3,250 crore for the quarter ended December 31, 2014, on higher volume and improved utilisation rates.
Kolkata: President Pranab Mukherjee Monday called for research endeavours to advance the realms of knowledge and improve the life of the common man."Science is one of the creative endeavours of human mind. It plays a
Kolkata: Infosys Science Foundation (ISF) on Monday awarded six researchers and scientists for their stellar contribution to science and research Monday here."This is an example of engineering excellence under constraints and challengesa I hope the
New Delhi: Government has decided to seek suggestions from software giant Infosys and famed architect Hafeez Contractor to develop a model architectural plan for setting up new IITs and IIMs.At a recently chaired meeting of
Bengaluru/Mumbai: Families of four Infosys co-founders, including Narayana Murthy and Nandan Nilekani, sold over USD 1 billion (Rs 6,484 crore) worth shares -- within months of all original promoters exiting the management and Vishal Sikka
New Delhi: Software major Infosys on Wednesday announced that it will collaborate with Stanford Graduate School of Business (GSB) to create a comprehensive executive education programme.As part of the agreement, Stanford GSB will team with
New Delhi: Emerging as one of the most-liked stocks for foreign funds, Infosys has seen overseas investors raising their stake in the company to a nine and half-year high of nearly 42.67 per cent during
New Delhi: Infosys, India's second-largest information technology (IT) services company, is looking to hire about 2,100 people in the US over the next 12 months.The company would add 1,500 across verticals such as consulting, sales
New Delhi: Shares of Infosys surged nearly 6 per cent on Friday following the announcement that its Q2 numbers had beaten expectations. Net profit for the quarter was up 7.2% at Rs 3,096 crore.At 11:20
New Delhi: Beating market expectations, IT major Infosys on Friday posted 28.6 per cent jump in consolidated net profit to Rs 3,096 crore for the quarter ended September 30.The Bangalore-based firm had reported a net
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