Company News \ Infosys News (rss feed)
Headquarters Bangalore , IND
Website
www.infosys.com
Latest stock prices
| Symbol | Name | Time | Trade | Change | % Chg | Volume | P/E Ratio | EPS | Mkt Cap |
|---|---|---|---|---|---|---|---|---|---|
| INFY | Infosys | 21:00 GMT | 42.46 | -0.60 | -1.39% | 1502391 | 14.26 | 3.019 | 24.262B |
Latest Infosys news
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India to relax tax rules for software sector
The India Economic Times reports that the Rangachary panel had many consultations with software experts before producing its recommendation reports. Infosys was just one company that claimed that the tax problem was a "big distraction" for the industry -
Infosys harassment claims dismissed by judge
Accusations that Infosys harassed an employee after he claimed the company smuggled Indian workers into the US have been dismissed by the court. -
Infosys loses around 8000 staff
Indian IT behemoth Infosys is reportedly losing staff, losing around 8,000 in the first quarter of this year alone. -
Indian outsourcers feel the pinch
Analysts expect No 2 ranked Infosys, the only top-three vendor to provide a full-year forecast, to sort its revenue growth estimate for the current fiscal year to as low as five percent when it posts quarterly earnings on 12 July. -
Gender gap in tech jobs threatens to widen skills gap
Nandita Gurjar, Senior Vice President and Group Head – HR at Infosys, told TechEye that the number of women in the organisation has been rising steadily. -
Indian based IT service providers grow
Infosys came in at second place, raking in a 2011 revenue of $6,279. This contributed to a growth rate of 17.8 percent and a market share of 0.7 percent. However, it hasn't all been bells and whistles for the company, which has been fraught with allegations of fake visas and low pay. -
Infosys accused of US visa fraud
Infosys has been dealt another blow after an employee has detailed methods used to circumvent US visa laws, and how the firm systematically discriminated against American staff. -
UK IT workers betrayed by George Osborne
CommentAs we reported long ago, big tech business companies in India - such as Infosys and Tata - wield a certain level of influence over parliament. When David Cameron first opened the door to Downing Street, it wasn't long before Indian industry tycoon, Ratan Tata, pipped most others to an audience. -
Infosys accused of smuggling Indian workers into US
Infosys has been called outby an ex employee, who claims the IT company smuggled Indian workers into the US. -
Tech Mahindra and Mahindra Satyam merge
It will also give it a helping hand in competing with bigger rivals such as Tata Consultancy Services and Infosys for large outsourcing contracts. -
Capgemini buys Prosodie
Ovum adds that most vendors which improved their market share and their ranking were Indian-heritage firms such as Infosys, Wipro and TCS, which moved one place to be ranked 13th. Japanese firms such as NEC, Hitachi and Otsuka Shokai also made gains. -
Indian services industry pulls out of Japan
Japan's earthquake and tsunamiGiven the Japanese radiation crisis deepening at the Fukushima nuclear power plant, Indian IT organisations Infosys, Wipro, HCL Technologies, MindTree, Tata Consultancy Services (TCS) and L&T Infotech are taking no chances as they call back employees from Japan. -
Infosys, Wipro, TCS want to hire fired ex-employees
Once fired, now eligible to be hired. That's the case for ex-employees of Indian Business Process Outsourcing (BPO) major player Infosys. Sources close to the Infosys BPO claims that the company management is asking the present employees to refer the experienced ex-employees who were fired during th -
Infosys shows burst in revenues, profit
Bangalore outsourcing company Infosys turned in sparkling results for its second financial quarter. -
Infosys up but declines quarter on quarter
FinancialIndian outsourcing giant Infosys Technologies said that it turned in revenues of $1.358 billion for the quarter ending 30 June and made a net profit after tax of $326 million. -
Chinese Labour Laws breached? Money talks louder in the PRC
CommentIt was National Semiconductor that led the way in outsourcing manufacturing abroad, and where NatSemi led, others were swift to follow. That became a flood in the first decade of this century – earlier this week Microsoft decided to outsource a chunk of support to Indian company Infosys. -
Infosys keeps on growing like Topsy
FinancialIndian IT services company Infosys said revenues in its fourth quarter were $1.3 billion, up 15% year over year from $1.12 billion in 2009. Net profit amounted to $349 million, compared to $321 million last year. However, the profit did include income of $11 million from the sale of an investment. -
Indian IT firms "exploiting employees"
TCS, HCL, Accenture, Wipro and Infosys would not be drawn on reports, although some of the companies claimed similar measures had been in place for years.
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