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Infy eyes shop floor for products push; agriculture is next
A strategic shift is under way at Infosys, India’s second largest software exporter. The $7-billion firm, globally renowned for its IT services, is opening a whole new channel of doing business with...
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Homeland Security Investigates Indian Software Giant
Infosys, India’s No. 2 software services exporter, is under scrutiny from the U.S. Department of Homeland Security for likely errors in employer eligibility documents of its staff working in the United...
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Infosys clients mulling contingency plans over US visa row
An analyst at technology advisory firm Forrester has suggested that Infosys’ clients are considering contingency plans in view of US investigations into the company’s visa practices, a claim...
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Infosys to develop software skills in UK
Global consulting and technology major Infosys will develop software skills in Britain to qualify about 100 youths for suitable jobs, The Economic Times reports. The $7 billion company signed a deed...
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Infosys skirts Italy, Spain software deals on euro crisis
Infosys, India’s second-largest software exporter, is shunning Italy and Spain as risks from the worsening sovereign-debt crisis outweigh a goal of doubling the share of sales from Europe. “We have...
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Infosys gets IT park status in West Bengal
In its bid to woo Infosys Technologies to the state, the Mamata Banerjee government has offered the IT bellwether the status of a software technology park (STP) instead of the SEZ status demanded by...
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Infosys veterans Pradeep Prabhu and Prasanna Raghavendra launch cloud startup...
With their cloud-based start-up Cloudmunch Inc, two former senior executives — Pradeep Prabhu and Prasanna Raghavendra — from Infosys wants to usher a fresh wave of industrialisation to India’s...
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Infosys top executive Shaji Farooq quits, to join Wipro
In yet another senior-level exit at software major Infosys, Shaji Farooq, senior vice-president and head of financial services, Americas at Infosys has quit. ET NOW learns from people familiar with the...
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Infosys Sees Decline in YoY Growth, Blames Market Uncertainties
The Indian outsourcer may have also failed on execution of some of its strategies, analysts said. Indian outsourcer Infosys blamed continuing global economic uncertainties for a slide in year-on-year...
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IT majors like HCL Tech, Mahindra Satyam & Infosys bid for services unit of...
Several Indian IT services companies, including HCL Technologies, MahindraSatyam and Infosys as well as engineering conglomerate L&T, have bid for the services business of Chennai-based software...
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Turkish Bank deploys Infosys’ Finacle software
Leading Turkish private bank Turkland Bank has deployed Finacle software product of Indian IT bellwether Infosys for its core banking, customer relationship management and treasury operations....
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Infosys plans better hikes for performers
Infosys is drawing up plans to tilt the scales in favour of top performers, part of efforts to revitalise the workforce after NR Narayana Murthy returned as its chairman on June 1. According to...
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Infosys reaches 5-month high, plunging rupee to become a booster
The positive comeback for Infosys continues post NR Narayana Murthy’s return as Executive Chairman of the struggling IT major. Infosys shares surged their highest mark in nearly five months after...
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Infosys unveils new solution for wealth management
Global software major Infosys Ltd Wednesday unveiled a new solution for wealth management, which will enable banks to enhance their retail service to high net worth individuals and affluent customers....
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Infosys to supply software for India Post’s hand-held device
IT-major Infosys, which bagged the India Post contract last year to upgrade the department’s technology framework for financial services, is in its final stages of providing a software solution for a...
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Infosys employees upset over software meant to ‘spy’ on them
A proposal by IT major Infosys to install a software that will enable the company to track the actual time spent by employees on their computers is fanning massive resentment among middle-level and...
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Infosys results: Experts see weak Q3 for software major
As the latest earnings season kicks in with Infosys’ December quarter results on Friday, the street expects the IT major along with the other top IT players to report moderate revenue growth for a...
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BSE Sensex falls over 101 pts, software exporters TCS, Infosys share prices...
TThe BSE Sensex fell for the first time in three days today and closed over 101 points lower after investors booked profits in recent gainers including IT, metal and realty shares, amid a weak trend in...
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Infosys, UL jointly build new software platform
Infosys Ltd, India’s second-largest software services exporter, has jointly built a new software platform for one of its oldest clients, US-based Underwriters Laboratories (UL), which develops product...
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2 ex-Infosys directors fund software firm
Former Infosys directors T.V. Mohandas Pai and V. Balakrishnan (Bala) have funded an enterprise software product firm here in the area of governance, risk management and compliance management. “Pai and...
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