Page 88 - Infosys

West Bengal govt to ratify Infosys project on September 8

The development centre will have a capacity to seat around 1,000 people

Infosys fights to keep the brand off the battlefront

With employees as brand ambassadors, can the company steer its image clear of the present danger?

Infosys' founders taking part in buyback won't send wrong signal: Ex-CFO

Infosys plans to buy back 11.3 crore shares at Rs 1,150 apiece

Infosys to mark its maiden entry in West Bengal: Mamata Banerjee

In a major breakthrough, West Bengal's chief minister Mamata Banerjee, on Tuesday claimed that IT major Infosys will be investing Rs. 100 crore initially in the state and will come up with a 50-acre campus in the Rajarhat area, near the state's capital.Infosys had long been demanding special economic zone (SEZ) status to mark its maiden entry in the state which the state government was not bent on granting due to political compulsions. Banerjee clarified that Infosys will not be getting the SEZ status, as per the state's policy; but will be eligible for other benefits as per the state government's policy.She claimed it will create thousands of jobs in the state.In July this year, Wipro, which too wanted an SEZ status for its second campus in West Bengal, had decided to let go of the demand. Rishad Premji, chief strategy officer at Wipro had then said, on a visit to Kolkata for a Nasscom event, that the company was in talks with the state government to come up with newer opportunities .

Infosys will invest Rs 100 cr in Bengal without SEZ status: Mamata Banerjee

Infosys investment will generate employment opportunity to 1,000 people

Key concern was board's poor governance, says Narayana Murthy

Murthy asserted that Nilekani is a 'stickler for good corporate governance'

Infosys row: Kiran Mazumdar-Shaw backs Ravi Venkatesan after Pai's remarks

T V Mohandas Pai alleged that Venkatesan was in power play and needs to be sidelined

Promoters to participate in Rs 13,000-cr share buyback: Infosys

The company, however, did not give details on which promoters are keen to participate in the buyback

Nilekani's return to Infosys: The worst is over for firm, say brokerages

Given the development, brokerages have revised their price target for the stock

Infosys gains over 4% on Nandan Nilekani's return; Nifty IT up nearly 1%

Infosys opened at Rs 947 and has hit a high and low of Rs 953.5 and Rs 937.9 respectively.

Gag order debut

Nandan Nilekani to bring the company back on track by putting a gag order on company executives

Infosys back on top 10 m-cap list; up 2% for second straight session

The stock was up 2.7% at Rs 919, extending its Wednesday's 2% gain on BSE, in range-bound market

Not all Infosys promoters support Murthy's criticism of management: IiAS

IiAS also said that the founders haven't always been in sync, and have had internal differences

Full text: Investors want Nilekani back on Infosys board, read the letter

They feel his return will restore stakeholder confidence

Infosys saga: What markets want to hear in NRN Murthy's investor call

Even after the Sikka's resignation, charges and counter-charges have continued to flow

As power shifts back to Bengaluru, Infy's hiring plans in US may take a hit

As the power shifts back to Bengaluru from Silicon Valley for Infosys, the company could face a setback in its ambitious plan to hire more than 10,000 people in the US, as Vishal Sikka's resignation dents its image as an employer of choice for local American engineers.It is compounded by analysts saying that Infosys may fail to meet its revenue forecast for the year ahead as the management turmoil would reflect on the company getting newer clients in areas such as digital and cloud, where employees need to collaborate with customers locally."Local hiring in the US is inevitable. It is not something Infosys is doing differently and all other IT firms are doing it. Sikka accelerated the process. But, the process may get delayed," Pareekh Jain, IT analyst, HfS Research India. "The projections were made based on future demand from the clients. And any turbulence there vand fall in demand may impact the timing."Since Sikka took over, Infosys has deliberately looked at increasing local ...

Board vs founder war: Is Infosys stock a good contrarian pick?

Infosys stock fell 9.6% last Friday after Vishal Sikka resigned as its CEO

Infosys loses Rs 34,000 crore in market-cap in two days

Infosys dipped 14% in past two trading sessions to Rs 874, its lowest level since August 8, 2014

Brokerages downgrade Infosys after Vishal Sikka's exit

Most have re-calibrated their earnings and profit growth forecasts for FY18 and FY19

Infosys tanks as Vishal Sikka quits as MD & CEO. Should you sell the stock?

The development sent the stock plummeting - down over 6% in intra-day deals on the BSE to Rs 955