Journalism of Courage
Infosys
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Infosys: A Technological Titan Navigating Controversy Infosys Limited, an Indian multinational technology giant, has established itself as a prominent player in the global IT landscape since its inception in 1981. Headquartered in Bengaluru, the company provides a diverse range of services, encompas...
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- Company type Public
- Industry Information technologyConsulting, Outsourcing
- Founded 2 July 1981
- Founders N. R. Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh, N. S. Raghavan, Ashok Arora
- Headquarters Bengaluru, Karnataka, India
- Area served Worldwide
- Key people Nandan Nilekani (Chairman), Salil Parekh (MD &
- Revenue ₹158,381 crore (US$18 billion) (2024)
- Net income ₹26,248 crore (US$3.0 billion) (2024)
- Number of employees 317,240 (March 2024)
- Website www.infosys.com
Infosys history
Last Updated : 20/03/25, 07:00 AM
Infosys: From Pune Startup to Global IT Giant Infosys, launched in Pune in 1981 by seven engineers with a modest $250 capital, embarked on a remarkable journey. Initially registered as Infosys Consultants Private Limited, the company relocated to Bangalore in 1983 and transitioned to Infosys Technol...
INFOSYS NEWS
Non-disclosure of complaint: Sebi, bourses seek details from Infosys
October 24, 2019 1:18 am
According to Infosys chairman Nandan Nilekani’s statement, one board member received two anonymous complaints on September 30.
Express briefing: Deal between Mirchi son, Bhushan steel under scanner; Infosys asks CEO, CFO to recuse from probe
October 23, 2019 10:02 am
From the US Congressional hearing on India's removal of Article 370 in Jammu and Kashmir to the probe into "unethical" practices in Infosys, here's the top news today.
Infosys asks CEO Salil Parekh, CFO Nilanjan Roy to recuse from probe
October 23, 2019 9:04 am
The audit committee at Infosys has assigned the investigation of the “generalised allegations’’ of wrongdoing by the top management to the law firm Shardul Amarchand Mangaldas & Co.
Infosys stock plunges 16 per cent
October 23, 2019 4:49 am
The tech blue chip closed 16.21 per cent lower at Rs 643.30 on the BSE, wiping out over Rs 50,000 crore (US $ 7 billion) from the company’s market valuation at Rs 2.76 lakh crore.
Evening news briefing: Nobel winner Abhijit Banerjee meets PM, Infosys shares tanks 16% and more
October 22, 2019 6:39 pm
From Nobel laureate Abhijit Banerjee's meeting with Prime Minister Narendra Modi to Virat Kohli wanting India to have just five Test centres, here are the top evening headlines of the day.
Explained: The Infosys allegations, and why it matters
October 23, 2019 9:14 am
Infosys said it is investigating claims by anonymous whistleblowers about irregular accounting. Shares of the company, which fell sharply by nearly 16 per cent on Tuesday, are not out of the woods.
Market opens on a volatile note; Infosys tanks 16%
October 22, 2019 5:56 pm
Among the gainers were Yes Bank, TCS, Bharti Airtel, HUL, ICICI Bank, Hero MotoCorp, HDFC twins, RIL and ITC, rallying up to 7 per cent. The rupee appreciated by 27 paise to 70.87 against the US dollar in early trade on Tuesday as optimism about US-China trade talks and easing crude oil prices enthused investors.
Infosys starts probe into alleged 'unethical practices' by CEO Salil Parekh; shares tank
October 22, 2019 3:06 pm
Infosys news: One of the complaints "largely deals with allegations relating to the CEO's international travel to the US and Mumbai," Infosys Chairman Nandan Nilekani said in a statement.
Markets, gold, petrol, diesel price today: Market starts on a tepid note; Rupee slips 9 paise to 71.03 against USD
November 04, 2019 10:31 am
Gold, Petrol, Diesel Price Today: Follow this space to check the Rupee value today and the prices of gold, petrol and diesel in major parts of India including Noida, Delhi, Kanpur, Lucknow, Chennai.
Infosys places whistleblower complaint against CEO Salil Parekh before audit panel
October 22, 2019 8:28 am
“We have emails and voice recordings and we will share when investigators ask us … Large deal approvals have irregularities. The CEO (Salil Parekh) is bypassing reviews and approvals and instructed sales not to send mails for approvals…,” the letter noted.
