Bangalore: In an unexpected turn of events, Infosys Board Member and President B G Srinivas, considered a front runner for the CEO position, has quit. The resignation of Srinivas, who led key portfolios including financial
New Delhi: Faced with lower revenues from its software products business, IT services major Infosys has hived off its products and platform business into a separate subsidiary — Edgeverve Systems Ltd.The Infosys subsidiary — incorporated
New York: Mukesh Ambani- led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world s 2000 largest and most powerful public companies, with Chinese companies occupying the top
Mumbai: The BSE benchmark Sensex today slumped by 185 points to three week low of 22,323.90 on heavy profit-booking in IT, teck, realty, metal and auto shares amid slowing capital inflows.Brokers said selling pressure intensified
Toronto: Infosys executive chairman NR Narayana Murthy was on Sunday presented with the 2014 'Canada India Foundation Chanchalani Global Indian Award' here for his "remarkable vision and leadership in the IT sector".The award, carrying a
New Delhi: Country's second largest IT firm Infosys has crossed the $ two billion revenue mark in Europe for the first time, driven by strong demand for consulting and system integration (CSI) services.The Bangalore-based firm,
Bangalore: Seeking to nip the talk of Infosys chairman N R Narayana Murthy's son being prepared for a bigger role in the company, its CEO and MD S D Shibulal today said Rohan Murthy's term
Bangalore: It is not only senior executives who have left or are leaving India's iconic software firm Infosys, but also its young techies in droves.The return of co-founder N.R. Narayana Murthy from retirement as executive
Bangalore: Country's second largest software services firm Infosys has raised salaries of its employees in the country by 6-7 per cent and by 1-2 per cent for onsite workers, effective April 1. ”We have increased
Mumbai: Shares of Infosys on Tuesday rose nearly five per cent after the company reported 25 per cent increase in net profit for the quarter ended March 31, 2014.The scrip of the country's second largest
Bangalore: IT services giant Infosys today reported a 25 per cent jump in its consolidated net profit for the quarter ended March 31, 2014, helped by large deals and an uptick in client spending.The Bangalore-based
New Delhi: Foreign investors hiked their stake in Infosys to a nine-year high of 42.10 per cent in the January-March period of 2014.This is despite the software giant expecting a sluggish growth in revenue during
New Delhi: Indian IT bellwether Infosys Ltd. is on lookout for a new chief executive to succeed its incumbent and co-founder S.D. Shibulal, who wants to quit soon."The nominations committee of the board of directors
Bangalore: In the prestigious contest for the Bangalore South constituency, where Congress' Nandan Nilekani, Infosys co-founder-turned-minister in the UPA government, is pitted against five-time BJP lawmaker and former minister Ananth Kumar for the April 17
Bangalore: Congress vice president Rahul Gandhi Monday sought partnership with all sections of people to build a new and strong India where everyone has right to live equally with dignity and respect."We want partnership with
Bangalore: Dismissing any "Modi wave" in the country, AAP candidate from Bangalore Central constituency and former Infosys director V Balakrishnan today labelled both Congress and BJP as "corrupt" and said they have no intention to
Bangalore: Former Infosys idol V. Balakrishnan is determined to use his clean image to fight "the corrupt system" but finds the going tough in the Lok Sabha battle here."I am aware of my limitations that
Bangalore: Indian IT bellwether Infosys' co-founder Nandan Nilekani, who has declared assets worth Rs.7,770 crore ($1.3 billion), said that "it's time to give back to people and the country" what he got in life as
Bangalore: Political greenhorn and Infosys co-founder Nandan Nilekani is more searched on Google than Karnataka's political veterans such as Siddaramaiah, B S Yeddyurappa and H D Deve Gowda.Chief Minister Siddaramaiah, BJP leader Yeddyurappa and Gowda
New Delhi: The country's second largest software services firm, Infosys, on Tuesday said it has signed a five-year deal with Swedish firm Lansforsakringar AB (LFAB) to provide application development and management support for its life
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