Infosys had recruited 2,500 fresh graduates in last 18 months
Infosys' InStep programme had turned out to be an ideal launch pad for overseas interns to pursue a global career
Infosys was trading 3 per cent higher at Rs 702 on BSE, as compared to a 0.55 per cent decline in the S&P BSE Sensex.
With increased onsite and offshore hiring, company wants to stay prepared for new deals
The firm also announced a special dividend of Rs 4 per share to shareholders that would result in a payout of around Rs 2,107 crore
For Q3, Infosys reported 2.7 per cent sequential revenue growth in constant currency (CC) terms, outpacing a 1.8 per cent reported by TCS
Infosys said upon de-classification, it has recognised additional depreciation and amortisation expenses of $12 million and a reduction of $65 million in the carrying value for Skava
Shares of IT major Infosys rose as much as 2.8 per cent at Rs 688.70 a piece on BSE in the early trade as the company announced that its board will consider a buyback programme.
According to the capital allocation policy approved by the shareholders in April last year, Infosys plans to give back around Rs 10,400 crore to shareholders by the end of this financial year
Infosys will consider issuing share buyback and paying out special dividend in its board meeting on January 11, said the company on Tuesday.
Singh was handling the E&U, resources & services vertical worth $1.5 billion
2019 a bigger test as firm continues to deal with rising attrition, margin pressure
Roy, who has been with Airtel for the past 13 years, is the global CFO at the telecom major, a position he has been holding since August 2015
Infosys had picked up a minority stake in CloudEndure
Acquires 81 per cent stake in the joint venture for Rs 1.74 billion
The consideration for the 81 per cent stake, subject to closing adjustments, is JPY 2,762 million
Infosys COO UB Pravin Rao said the inauguration of Hartford technology and innovation hub is an important milestone in the company's ongoing efforts to help American enterprises
As part of its localisation initiatives in Australia, Infosys has already recruited 75 graduates from the country
The first phase of the project is expected to be complete by 2020 end
The JV employees will be able to access the $11-billion company's education and training capabilities to advance their technological skills