Page 65 - Infosys

We're open to making large acquisitions: Infosys CEO & MD Salil Parekh

In an interview to Bibhu Ranjan Mishra & Sai Ishwar, Parekh talks about the company's plans with regard to salary hike deferment, fresher hiring, acquisitions, and much more

Covid-19 impact: WFH turns out cheaper and greener for IT companies

Indirect emissions account for a major chunk of emissions by Indian IT firms

Infosys to acquire Czech-based GuideVision for up to 30 million euros

IT services major Infosys on Monday said it will acquire Czech Republic-based GuideVision for up to Rs 260.4 crore

Infosys plans to hire additional 500 tech employees in Rhode Island by 2023

In 2017, Infosys had committed to hiring 10,000 American workers over two years, and has created 13,000 jobs in the US to date

Nifty IT index hits record high on swift recovery hope; TCS hits new peak

TCS, Infosys, Wipro, Larsen & Toubro Infotech, Coforge and HCL Technologies from Nifty IT index were up in the range of 2 per cent to 4 per cent on the NSE

8 of top-10 valued firms lose Rs 1.11 trn in m-cap; ICICI, RIL worst hit

Tata Consultancy Services and HDFC Bank were the only gainers among the 10 most valued listed firms

Infosys buys US product design firm Kaleidoscope Innovation for $42 million

Infosys announced it has acquired product design firm Kaleidoscope Innovation for $42 mn to expand its engineering service offerings in medical devices, consumer and industrial markets across America

Infosys to acquire US-based Kaleidoscope Innovation for up to $42 million

India's second largest IT services firm Infosys said it will acquire US-based product design and development firm Kaleidoscope Innovation for up to $42 million (about Rs 308 crore)

Infosys to acquire US-based firm Kaleidoscope Innovation for $42 million

Will pick up 100% stake in a deal that is expected to close during the second quarter of fiscal 2021

Infosys to hire 12,000 more tech professionals, fresh grads in US by 2022

In 2017, the company had committed to hire 10,000 locals in two years which it has exceeded. Since then, the Bengaluru-based based firm said, it has created 13,000 jobs in the country

New Infosys AI-powered solution to automate helpdesk operations

Infosys has launched an AI-driven solution that will automate helpdesk operations, allow customers to eliminate manual resolution and build near-touchless contact centers in the Covid-19 times.

IT stocks rally; Mindtree, Wipro advance nearly 3%, Tech Mahindra up 2%

Infosys was up 0.7 per cent and HCL Technologies was up 0.5 per cent.

Infosys independent director Bobby Parikh fined for stock market trade

Parikh was appointed as an Independent Director of Infosys effective July 15, 2020, based on the recommendations of the Nomination and Remuneration Committee of the Board

Infosys fines independent director Bobby Parikh for inadvertent trade

Infosys has imposed a penalty of Rs 2 lakh on its independent director Bobby Parikh for an inadvertent trade by the portfolio management services of his spouse Bela Parikh.Bela -- a joint holder of the account -- had bought 2,754 shares during the open trading window period without the knowledge of Bobby and without obtaining pre-clearance of trade, the IT major said in regulatory filings at stock exchanges late on Friday."Mr Parikh has confirmed that he was not in possession of any unpublished price sensitive information. The audit committee of the company was notified of this matter," it added.Based on Bobby Parikh's submission, the audit committee has concluded that this was an inadvertent trade made without intent to violate the company's insider trading policy or the SEBI's Prohibition of Insider Trading Regulations, 2015 (PIT Regulations)," the filing said."However, the audit committee has determined that there was a violation of the company's policy and PIT Regulations and has .

Infosys fines director for 'inadvertent trade' by wife's portfolio manager

A penalty of Rs 2 lakh has been imposed on Bobby Parikh, Infosys said in a regulatory filing

Infosys extends support for GovHack 2020 in Australia, New Zealand

IT major Infosys on Friday announced extention of its support for GovHack 2020 in Australia and New Zealand

Nasscom welcomes H1B, L1 visa relaxations; remains 'cautiously optimistic'

"We believe this is a step in the right direction and encourages the implementing agencies to ensure that US businesses' access to critical talent is not hampered," Nasscom said

GDP growth might hit the lowest since 1947, warns N R Narayan Murthy

He also pitched for developing a new system that should allow every player in every sector of the country's economy to operate at full steam with suitable precautions

Rising SaaS adoption to ensure global sway of IT services firms

The final part of the series looks at how Indian firms compete with global peers

LIC's portfolio up 34% in FY21 at Rs 5.79 trn; RIL, Infy top contributors

The study is based on 351 companies' data from Capitaline Plus, where LIC held over 1 percentage point stake in the June quarter. These companies accounted 72% of total m-cap of BSE-listed companies