Infosys

Infosys News

Infy net up 5.3%; revenue guidance raised for FY20

Not only has the company bumped up its revenue guidance for the full financial year, it has also decided to distribute 85 per cent of free cash-flows to shareholders through dividends and buybacks over a period of five years against 70 per cent earlier.

Infosys raises financial year guidance as June-quarter profit beats estimates

The company and its rivals such as Tata Consultancy Services in the $150 billion Indian software services industry rely heavily on revenue from their clients in the West.

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Infosys board gives nod to link employee stock scheme to shareholder value creation

The Infosys Expanded Stock Ownership Program 2019, under which grants will vest based on performance, aims to align employee interest with shareholder value creation, incentivize, attract and retain key talent, and reward employee performance with ownership.

Infosys to acquire 75 per cent in ABN AMRO arm for €127.5 million

As part of the deal, Infosys will acquire 75 per cent stake in Stater, while the remaining 25 per cent will continue to be held by ABN Amro, Infosys said in a statement.

Infosys lead director sells 1,600 shares without nod, fined Rs 9.5 lakh

Infosys on Thursday said its Lead Independent Director Kiran Mazumdar-Shaw had inadvertently through her portfolio management services sold 1,600 shares of the company without obtaining pre-clearance of trade. The Audit Committee of the company’s board has determined that there was a violation of the Infosys Insider Trading Policy, and the PIT Regulations and imposed on […]

Infosys Q3 profit falls 29.6 per cent, misses estimates

Last year, it made a profit of 51.29 billion rupees, helped by tax benefits from the firm's deal with the US Internal Revenue Service.

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Infosys appoints Nilanjan Roy as Chief Financial Officer

Nilanjan Roy, joins Infosys from Bharti Airtel where he currently holds the position of Global Chief Financial Officer.

JNU professor who was removed as Dean awarded Infosys Prize

Singh, an art historian, was given the award for her “extraordinarily illuminating study of Mughal, Rajput and Deccan art

July-September quarter: Infosys sticks to FY19 guidance

The company’s net profit during the period was up 13 per cent sequentially at Rs 4,110 crore, while consolidated revenue grew 7.7 per cent quarter-on-quarter to Rs 20,609 crore, with digital business accounting for 31 per cent of the total revenues.

Infosys built its global machine with Indian workers, can it adjust to Donald Trump’s ‘Hire American’?

Infosys is staring at two daunting challenges to its long-successful business model, which generated $2.5 billion in profit in its last fiscal year.

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