Mumbai: Dragged down by IT majors TCS and Infosys, the combined market valuation of the top four Sensex companies declined by Rs 41,564 crore last week.While TCS, Infosys, Coal India and Wipro saw losses in
New Delhi: Expressing "great concern" over declining revenue growth, Infosys Executive Chairman N R Narayana Murthy said the rate of growth declined 77 per cent during March 2011 to March 2013. The Infosys co-founder, who
Bangalore: Infosys co-founder and Unique Identification Authority of India Chairman Nandan Nilekani, tipped to contest from Bangalore South on a Congress ticket, will be officially joining the ruling party tomorrow. “I'm joining Congress tomorrow....If they
Mohali: Different sections of the society, including politicians and corporates, should work towards job creation as it is the only “antidote” that can make the country prosperous, Infosys Executive Chairman N R Narayana Murthy said
New Delhi: Software services giant Infosys, which employs 1.5 lakh people, may hand over pink slips to those who “did not add value” despite “high salaries” as it looks to cut costs and increase operational
New Delhi: Dragged down by TCS and Infosys, the combined market capitalisation (m-cap) of top-six blue-chip companies slumped by Rs. 41,307 crore last week.While TCS, RIL, ITC, ONGC, Infosys and Wipro saw erosion in their
Mumbai: Despite high-level exits since June this year, Infosys shares still retain a gain of nearly 50% since its founder N R Narayana Murthy returned to the helm of affairs at the country's second largest
New Delhi: In the eighth top-level exit at India's second-largest software exporter in the past six months, V Balakrishnan, a member of the Infosys board, has resigned.Balakrishnan, who joined Infosys in 1991, was considered by
New Delhi: Infosys Technologies may hire up to 16,000 campus recruits next year, Chairman N.R. Narayana Murthy has said.He said, the fresher hiring process is currently underway and next year, the company will recruit about
Bangalore: Infosys co-founder and face of the Aadhar programme Nandan Nilekani today met KPCC President G Parameshwara, amid rumours that he would contest the forthcoming Lok Sabha elections.“Nandan Nilekani met me this morning and shared
Mumbai: In choppy trade, the benchmark Sensex today climbed for the third straight day and ended 40.08 points higher at a nearly two-week high buoyed by gains in Infosys, SBI and Maruti Suzuki shares, amid
New Delhi: IT major Infosys, which is managing the Corporate Affairs Ministry's e-governance portal MCA21, is investing over Rs 100 crore to upgrade the system in view of expected rise in load as company filings
Bangalore: Infosys board member V Balakrishnan has sold 1 lakh equity shares in the company through the open market for Rs 33 crore.According to the regulatory filing on the BSE, the 50,000 shares were held
Mumbai: Extending its losing run to the second day, the benchmark BSE Sensex today fell by 80 points to over one-week low as investors booked profits in consumer durable, banking and metal shares.An upsurge in
Washington: Federal prosecutors have alleged that IT major Infosys indulged in blatant violation of immigration laws by not only bringing its employee inside the country on a visa which does not permit work, but also
Washington: IT major Infosys today agreed to pay to the US government a whopping sum of USD 34 million to settle charges of, what federal authorities said, massive violation of the country's immigration laws to
Washington: In one of the largest immigration fines ever, India's second largest software exporter Infosys on Wednesday said it has agreed to pay USD 34 million to settle its visa row with the US but
New Delhi: Infosys is poised to agree a settlement with the US Department of Justice over the alleged misuse of immigration visas that has seen the Indian IT outsourcer set aside $35m to cover fines
Pune: Indian IT major Infosys will recruit more than 8,000 employees in Pune over the next six months as part of its expansion plan. IInfosys already employs over 15,000 IT professionals at its existing facilities
MUMBAI: Infosys today overtook Reliance Industries to become the second most influential stock on BSE benchmark Sensex after its shares surged by 1.52 per cent. At close today, Infosys commanded 9.15 per cent weight on
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