Infosys: News
13 Apr 2023
SensexSensex closes at 60,431 points, Nifty settles over 17,800 mark
On Thursday, major indices of the stock market ended in the green but flat with the Sensex settling at 60,431 points and the Nifty closing at 17,828 points.
31 Mar 2023
Stock MarketSensex gains over 1,000 points, Nifty settles above 17,300 points
The stock market on Friday closed in the hands of the bull. The benchmark Sensex and Nifty indices witnessed an upward trend.
07 Feb 2023
WiproInfosys fires 600 employees after they fail freshers assessment test
A failed internal freshers assessment (FA) test has resulted in the axing of 600 freshers by Indian IT services giant Infosys.
13 Jan 2023
Tata Consultancy Services (TCS)Infosys Q3 results: Profit increases 13% year-over-year to Rs. 6,586cr
Infosys has announced its financial results for the current fiscal year's third quarter.
15 Dec 2022
Nandan NilekaniInfosys' next chairman will be a non-founding member: Nandan Nilekani
Infosys, India's second-largest IT services company, will have a non-founding chairman, said Nandan Nilekani, chairman and co-founder of the firm.
04 Oct 2022
WiproFreshers left in lurch as Wipro, Tech Mahindra delay onboarding
India's IT sector is in turmoil. The fear of recession in the US and European markets has caught Indian IT companies in a pickle.
22 Sep 2022
WiproWipro fires 300 employees for moonlighting for rivals, violating integrity
Information Technology giant Wipro has fired 300 employees for moonlighting, Chairman Rishad Premji said on Wednesday.
26 Jul 2022
NASDAQSensex slips to 55,268 points, Nifty settles at 16,483
On Tuesday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged by 0.9% to 55,268.49 points, while the Nifty fell 0.89% to 16,483.85 points.
22 Jul 2022
NASDAQSensex rises to 56,072 points, Nifty settles above 16,700
On Friday, the benchmark Sensex and Nifty indices witnessed a rise, extending their winning streak for the sixth day in a row. The Sensex jumped 0.7% to 56,072.23 points while the Nifty climbed 0.68% to 16,719.45.
24 Jun 2022
NASDAQSensex climbs to 52,728 points, Nifty settles near 15,700 mark
On Friday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.88% to 52,727.98 points, the Nifty jumped 0.92% to 15,699.25 points.
09 Apr 2022
Rishi SunakUK: Rishi Sunak's PM prospects fade amid wife's tax controversy
Until recently, Rishi Sunak, the UK's Indian-origin finance minister, was widely regarded as a top contender to succeed Prime Minister Boris Johnson.
09 Sep 2021
Central Board of Direct Taxes (CBDT)CBDT extends deadline for Income Tax Returns till December 31
The Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns (ITRs) for the assessment year 2021-22 till December 31.
05 Sep 2021
Narendra ModiAfter backlash, RSS distances self from article calling Infosys 'anti-national'
The Bharatiya Janata Party (BJP)-led central government and leading industry bodies are reportedly keeping mum over the RSS-linked Panchjanya's "anti-national" remark against Infosys.
22 Aug 2021
Nandan NilekaniGovernment summons Infosys CEO over glitches in I-T e-filing portal
The Finance Ministry has summoned Infosys MD and CEO, Salil Parekh, over the failure of the company to address issues pertaining to the glitches in the new Income Tax e-filing portal.
10 Aug 2021
Bharti AirtelSensex scales fresh peak, ends 152 points higher
Equity benchmark Sensex rose by 152 points to end at a record high on Tuesday, tracking gains in index majors HDFC, Bharti Airtel, and Infosys amid a largely positive trend in global markets.
10 Mar 2021
Data LeakInfosys: Top brands could lose $223 billion to data breaches
In a report that studies the link between Cybersecurity and its impact on brand value, Infosys and Interbrand said that the world's top 100 brands stand to lose $223 billion in the event of a data breach.
04 Mar 2021
CoronavirusInfosys and Accenture will bear COVID-19 vaccination costs for employees
Software major Infosys and consulting firm Accenture said it will cover the coronavirus vaccination costs for its employees and immediate family members in India.
04 Jan 2021
ICICI BankIn a first, Sensex crosses 48,000-mark, Nifty soars past 14,000
Domestic stock markets brought good news for investors as the S&P BSE Sensex index traded above 48,000 for the first time ever. The Sensex recorded a jump of 299.24 points, roughly 0.63%, to come at 48,168.22 on Monday morning.
18 Nov 2020
Narayana MurthyCOVID-19 vaccine should be free, says Infosys co-founder Narayana Murthy
A vaccine for COVID-19, whenever one becomes available, should be made free of cost for everyone, Infosys co-founder NR Narayana Murthy has said.
14 Mar 2020
Nirmala SitharamanMobile phones to get more expensive; GST council raises tax
Mobile phones are expected to become more expensive as the government has raised the rate of Goods and Services Tax (GST) on them from 12% to 18%.
25 Feb 2020
StartupsRailYatri raises over Rs. 100 crore in funding: Details here
RailYatri, a travel-tech start-up, has raised over Rs. 100 crore in the latest funding round led by Entrust Family Office (NRJN Family Services), Infosys co-founder Nandan Nilekani, and Samsung Venture Investment.
07 Dec 2019
NoidaNivesh.com raises $600k in seed round of funding
Nivesh.com, a Noida-based mutual funds investment platform, has raised $600k (approximately Rs. 4.3 crore) in a seed round of funding.
22 Oct 2019
IndiaInfosys shares fall after whistleblower episode, worst dip since 2013
India's second-largest IT firm, Infosys, has been hit by major turbulence that had a direct impact on its shares. On Tuesday, its shares dipped nearly 16% in early morning trade.
21 Oct 2019
JapanInfosys CEO, CFO accused of 'unethical practices' to boost profits
A group of anonymous employees of the IT giant Infosys has accused the firm's CEO Salil Parekh and CFO Nilanjan Roy of "unethical practices" in a bid to boost short-term revenue and profits.
09 Aug 2019
IndiaAshwiny Iyer Tiwari's next based on Narayana Murthy, wife Sudha
Filmmaker Ashwiny Iyer Tiwari, who is currently busy with Kangana Ranaut-starrer Panga, seems to have planned her next directorial as well.
10 Jul 2019
India6 notable and successful alumni of IIT-Madras
The Indian Institute of Technology, Madras (IIT-Madras), stands as one of the country's most esteemed and sought-after institutions for quality technical education.
06 Jul 2019
IndiaFive famous alumni of IIT Kanpur you should know about
The Indian Institutes of Technology (IITs) are the country's premier engineering institutes that are recognized as centers of academic excellence in science and technology.
03 Jul 2019
IndiaFive of the most famous and successful alumni of IIT-Bombay
The Indian Institutes of Technology (IITs) are the country's premier engineering institutes and a dream destination for engineering aspirants.
08 Jan 2019
IndiaRBI appoints Infosys' Nandan Nilekani as Digital Payments Committee chairman
The Reserve Bank of India (RBI) has created a new committee to look into issues surrounding digital payments in India, and has named Infosys co-founder and former UIDAI chairman Nandan Nilekani as its chairman.
20 Dec 2018
Bharti AirtelInfosys appoints Airtel veteran Nilanjan Roy as its new CFO
It seems like Infosys' search for a new Chief Financial Officer (CFO) has finally ended.
22 Sep 2018
LondonIf you can seal $100mn business deals, Infosys wants you
Since 2014, Infosys has had a bad deal sealing spell, and just seems unable to close mega business deals. Meanwhile, its competitors have marched ahead.
18 Sep 2018
IndiaInfosys loses arbitration, asked to pay Rs. 12cr to Bansal
India's second largest software company, Infosys Ltd., has lost the arbitration over its disputed severance package to former Chief Financial Officer (CFO) Rajiv Bansal.
23 Aug 2018
KeralaKerala flood relief: Infosys' Sudha Murthy shows what humility is
With the sun finally shining on Kerala and flood waters receding, the southern state can heave a sigh of relief.
20 Jul 2018
BengaluruBengaluru metro network to get another station, courtesy Infosys
IT major Infosys' philanthropic arm, Infosys Foundation will soon add a station to the Bengaluru metro network, as per an agreement between the company and BMRCL.
07 Jul 2018
KarnatakaBengaluru: Infosys to contribute Rs. 200cr for Konappana Agrahara Metro-Station
Infosys Foundation would contribute Rs. 200 crore to the Bengaluru Metro Rail Corporation Ltd for construction of Konappana Agrahara Metro Station and metro railway track and both parties would sign a MoU on July 19, Chief Minister HD Kumaraswamy said today.
14 Jun 2018
National Stock Exchange100 Infosys-shares, bought in 1993, would've made you a crorepati
Infosys' share opened at a price of Rs. 1,253 today.
22 May 2018
Vishal SikkaEx-Infosys CEO Vishal Sikka received Rs. 13cr remuneration in 2017-18
Former Infosys CEO Vishal Sikka, who resigned last year after a row with Infosys co-founder NR Narayana Murthy, received around Rs. 13cr in compensation for 2017-18.
20 Apr 2018
Central Bureau Of Investigation (CBI)IT-lens on salaried class after IBM, Infosys employees' fraud detected
After several tax-evasion cases by salaried employees emerged in Bengaluru, Mumbai and Ludhiana, the income-tax department issued a caution recently asking tax payers not to under-report their income or claim incorrect deductions.
16 Apr 2018
Vishal SikkaWhistleblower asks SEBI to question Infosys board
An anonymous whistleblower has sent a letter to market regulator SEBI demanding accountability about the Infosys board's decision to buy firms Panaya and Skava and sell them three years later at a significantly lower value.
14 Apr 2018
BusinessInfosys: Single digit salary hike for majority of employees
On Friday, Infosys announced that it had rolled out salary hikes ranging from "mid-single digit to high-single digit" for a majority of employees, both onsite, and offshore.
