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PTI
April 12, 2019



PTI
January 11, 2019



PTI
January 11, 2019



PTI
New Delhi, May 11, 2018
Ravi Venkatesan has resigned as an independent director from Infosys, the first board-level departure since Nandan Nilekani took over the chairmanship of the IT major more than eight months back.


BusinessToday.In
April 24, 2018
According to Salil Parekh, the company's new strategy rests on four pillars: Scaling up digital, energising the \"core\" using automation and AI, reskilling the workforce and expanding localisation.


BusinessToday.In
April 16, 2018
The Sensex and Nifty managed to close in the green for the eight straight session, outperforming their global peers amid flow of positive economic data that revived overall investor sentiment. The indexes entered positive territory nearly 2.5 hours before the market closed after US air strikes on Syria appeared to be having scant impact on trading, and oil prices fell back. Hero MotoCorp, Kotak Mahindra Bank and Adani Ports were the top gainers on Sensex. According to government d...


BusinessToday.In
April 16, 2018
Tata Motors which closed 4.96% lower at 339 level was the top Sensex loser on reports that Britain's biggest carmaker Jaguar Land Rover will cut around 1,000 jobs and production at two of its English factories due to fall in sales caused by uncertainty around Brexit and confusion over diesel policy.


BusinessToday.In
April 16, 2018
Infosys announced a conservative EBITA margin guidance of 22-24 percent for FY 19 (versus 24.3 percent in FY18), which analysts said spooked market. But the market seems to have got it all wrong. The lower guidance was expected by many under the leadership of Salil Parekh who took over the CEO of the $10 billion company on January 2 this year.


BusinessToday.In
April 16, 2018
At 9:37 am, the stock was trading at 1,125 level, 3.70% and 4% lower on BSE and NSE, respectively. On Friday, the stock closed 0.58% higher at 1,169 level on BSE before the earnings were announced in evening.


BusinessToday.In
April 15, 2018
Panaya was acquired in 2015 under the then Infosys CEO Vishal Sikka who later had to resign over the differences between board members and the founders including NR Narayana Murthy. And one of the issues that led to Sikka's removal was the acquisition of Israel-based IT firm Panaya.


Mail Today Bureau
April 14, 2018
The acquisition of the cloud-based application delivery and test automation solutions provider for $200 million in 2015 had triggered a major crisis in Infosys, with its cofounder NR Narayana Murthy going public over the lack of transparency in the deal, which was concluded by Vishal Sikka.


BusinessToday.In
April 13, 2018
IT services firm Infosys on Friday said it will roll out salary hikes ranging from \"mid-single digit to high-single digit\" for a majority of its employees. The salary hike will be effective from April onwards.


E Kumar Sharma
April 13, 2018
The much awaited financial results of Infosys for the fourth quarter, and the first full quarter for Salil Parekh as its new CEO and managing director, did not have major surprises. Analysts, however, found the guidance to be little lower than expected.


BusinessToday.In
April 13, 2018
Infosys' profit on a quarterly basis fell 28.1 per cent. The IT services behemoth had reported a net profit of Rs 5,129 crore in the December quarter and Rs 3,603 crore in the corresponding quarter last year.


BusinessToday.in
December 22, 2017
ONGC (2.93%), Infosys (1.61%), Bajaj Auto (1.60%), TCS (1.54%) top Sensex gainers. Market breadth was positive with 1,574 stocks closing higher against 1169 ending lower on BSE.


BT Online
New Delhi, August 4, 2017
In February 2015, Infosys had announced buying New Jersey-based automation technology company Panaya, its second largest acquisition deal, for Rs 1,250 crore in cash.


PTI
New Delhi, April 20, 2017
IT major Infosys plans to focus more on local hiring in the US and is also looking at setting up development and training centres in the country as part of its efforts to tide over visa-related issues.


PTI
April 17, 2017
IT major Infosys plans to focus more on local hiring in the US and is also looking at setting up development and training centres in the country as part of its efforts to tide over visa-related issues.


by VENKATESHA BABU
Delhi, February 18, 2017
Why the trouble at Infosys is unlikely to abate quickly.


PTI
New Delhi, February 9, 2017
The Infosys CEO asked employees to keep a \"sharp focus\" on executing the company's strategy, which is bolstered by its services like Mana, Skava, Edge, Panaya and cloud services.


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