Infosys, other IT shares hit 21-month low
Shares in leading software services companies including Infosys slumped to their lowest level in 21 months on Friday as investors retreated from the exporters on heightened fears of a recession in the
7 of top 10 cos lose over Rs 61k cr in Mcap;TCS,Infy worst hit
The combined market capitalisation (M-cap) of seven of the country's top 10 companies declined sharply by Rs 61,077.64 crore in the past week, as investor confidence was dented amid a turmoil in the g
Investors log out of IT stocks; TCS, Infy among worst hit
Fears of possible recession in the US led to investors selling off heavily the stocks of Indian IT companies in a weak market and blue-chips like TCS, Infosys and Wipro plunged sharply on the bourses.
Narayana Murthy says bribe-giving should be legal
N.R. Narayana Murthy, chairman of Infosys, has argued that legalising paying bribes would help reduce endemic corruption in India.
Murthy said he fully supported proposals from economist Kaushik Bas
Modi offers Murthy to head youth incubation centre in Gujarat
N.R. Narayan Murthy, Chairman and Chief Mentor of IT major Infosys, today called on the Gujarat Chief Minister Narendra Modi and held discussions on wide range of issues including setting up of an Inf
Infosys announces the new Executive Council
Software major Infosys Technologies today announced composition of new Executive Council (EC), a high level body that frames its business strategy.
The EC will include the executive board, current
Infosys net profit up 16 percent in first quarter
Infosys Ltd posted net profit of Rs.1,722 crore (Rs.17.22 billion) for the first quarter (April-June) of this fiscal (2011-12), registering 16 percent year-on-year (YoY) growth.
In a regulatory filin
Infosys to hire 45,000 techies this year
Infosys Ltd, India's second largest IT bellwether, is back on hiring spree and plans to increase its headcount by a whopping 45,000 during this fiscal (2011-12), a top company official said here on Tu
Infosys to hire 45,000 techies this year
Infosys Ltd, India's second largest IT bellwether, is back on hiring spree and plans to increase its headcount by a whopping 45,000 during this fiscal (2011-12), a top company official said here on Tu
Strong quarterly revenue forecast for IT
India's top three software services exporters are expected to report strong quarterly revenue growth with demand remaining healthy despite concerns about the global economy.
Information technology sp