However, the IT services firm is better-placed to handle the slowdown arising from COVID-19.
Infosys, which in 2015 won the contract for managing backend for GST Network (GSTN), has drawn flak from the ministry over the tech glitches, some of them have been unresolved for almost two years.
Impact likely to be higher for Infosys and TCS who have higher dependency on discretionary spend, say experts
States may ask Infosys to have a point of contact; IT firm chairman Nilekani to a presentation on Saturday
It was also decided to ask Infosys Chairman Nandan Nilekani to make an urgent presentation before the GST Council on March 14
The police suspected the trio might have made about Rs 15 lakh so far as commission from taxpayers
The ministry told Infosys it was the company's responsibility to deliver satisfactory performance of the portal and it should meet expectations of the tax payers
The ability to forge partnerships with large technology firms in niche areas and strong leadership are seen as the factors behind these optimistic projections
Generally, compoundable offences are those which can be settled by paying certain amount of money
Finacle, which is the flagship core banking system (CBS) from Infosys' stable, had started providing services in the cloud environment in 2016
Simply put, a stop-loss is designed to limit an investor's loss on a stock. Setting a stop-loss order for 15 per cent below the price at which you bought the stock will limit your loss to 15 per cent.
Firm may have shed its inhibitions of making acquisitions of slightly bigger size, say experts
In addition, there are employee incentives and retention payments amounting up to $50 million on meeting certain performance conditions over three years
The move is part of Sebi's efforts to address and handle challenges arising out of technological advancements in the markets such as insider trading and front running
Only two companies, Tata Consultancy Services (TCS) and Infosys, took a hit in their market capitalisation (m-cap) for the week ended on Friday
The two firms are IT support contractors for the portal
She was appointed on the IT firm's board on February 4, 2015 for five years
As part of this renewed contract, the Bengaluru- headquartered IT major will enable ABN AMRO Bank to achieve its business and operational goals
Pai warned that "we risk the prospect of turning into a digital colony" by 2025, seeking to draw parallels with imperialism
In November 2016, Infosys had announced an investment of 14,920,000 Danish Krone (about Rs 14.49 crore) from its Innovation Fund in an artificial intelligence startup Unsilo.