Tag: INFOSYS

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» 2019-03-28

Bengaluru-based IT services firm Infosys said it will take over the mortgage administration services unit of ABN AMRO, based in Amsterdam, Netherlands. Infosys will acquire a 75% of the shareholding […]

» 2019-02-19

Infosys said it has paid Rs 34.35 lakh to settle the investigation into the incident of the company paying over Rs 17 cr as severance pay to Rajiv Bansal, who […]

» 2018-12-17

Bangalore-based IT services firm Infosys said it has sold its minority stake in Israel-based CloudEndure for $15.3 million. The company had invested $4 million in the cloud computing start-up for […]

» 2018-11-21

Infosys, the Bangalore-based technology company, announced it would create 1,200 jobs in Australia and open three new ‘innovation hubs’ by 2020. The company said 40% of the jobs will be […]

» 2018-09-21

Infosys said it will open a ‘Technology and Innovation Hub’ in the US state of Arizona and hire 1,000 American workers in the state by 2023. Infosys said it has […]

» 2018-09-18

Oursourcing major Infosys has been directed to pay around Rs 12.17 cr to former CFO Rajiv Bansal by an arbitration panel. The panel was set up after Infosys landed in […]

» 2018-09-17

Outsourced services provider Infosys said it has made yet another investment of $1.5 mln in start-up software company TidalScale, taking the total to $3 mln. TidalScale creates software that helps […]

» 2018-09-14

Infiosys announced it was buying Europe-based Salesforce consultant Fluido for an undisclosed sum. The acquired company has over 240 specialists and offices in Finland, Denmark, Sweden, Norway and Slovakia. Salesforce […]

» 2018-09-10

Infosys, the Indian IT services company, has been roped in to make the Australian Open tennis tournament more engaging for the fans. Infosys CEO Salil Parekh said the idea is […]

» 2018-07-19

Infosys Foundation, the philanthropic arm of Infosys, said it has signed an agreement to construct and maintain a metro station next to its main campus in Electronics City, Bangalore. The […]

» 2018-06-06

Infosys CEO Salil Parekh reassured investors that the IT services behemoth was not facing a growth crisis because of the replacement of traditional sourcing models with digital services. He said […]

» 2018-03-12

Indian outsourcing company Infosys said it will delist its American Depositary Shares from Euronext Paris and Euronext London stock exchanges due to low transaction volumes. American Depositary Shares (ADSs) are […]

» 2018-01-12

“I won’t be coming here again, I think,” said Infosys co-founder and chairman Nandan Nilekani at the company’s quarterly results press conference, indicating that he may step down from his […]

» 2018-01-12

IT services provider Infosys Ltd said it has largely exhausted the possibility of improving its profit margins by increasing employee utilization levels and will focus on bringing down on-site employee […]

» 2018-01-12

Infosys reported a quarter that was largely in line with expectations and said it retains its full-year revenue growth guidance at 5.5-6.5%, excluding the impact of currency movements. With nine […]

» 2017-12-02

Two crucial factors that swung the decision in favor of hiring Capgemini veteran Salil Parekh as the new CEO of Infosys were his familiarity with working in the IT sector […]

» 2017-11-29

Infosys said it launched Finacle Trade Connect, a network-based system of distributed record keeping for banks based on the block chain technology. A blockchain-based record is open to all participants […]

» 2017-10-26

Indian IT companies will continue to struggle to maintain growth rates and their margins will continue to fall in line with the trend seen in the last few quarters, credit […]

» 2017-10-26

Continuing the trend of IT outsourcing companies topping up their digital practice with targeted acquisitions, Cognizant said it agreed to acquire Zone, a digital agency specializing in customer experience, digital […]

» 2017-10-24

Nandan Nilekani, the stand-in chairman of Infosys Ltd today gave his stamp of approval to the investigations conducted in the context of corruption allegations around the IT company, and suggested […]

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