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Infosys pays $1 million to settle visa abuse case in US

Global software major Infosys paid $1 million (Rs 65 lakh) to settle a litigation on the alleged abuse of visa rules, said New York State Attorney General Eric T. Schneiderman on Friday. “Infosys has...

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Infosys shareholders blast board over infighting with founders

Infosys’ boardroom battles and the “open war” played out in the media between the board members and its founders since February came to the fore at the firm’s 36th Annual General Meeting (AGM) on...

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Infosys to hire 2,000 American workers in North Carolina state by 2021

Technology outsourcing company Infosys will open its next Technology and Innovation Hub in North Carolina and hire 2,000 American workers in the state by 2021. The strategy of Infosys is to open four...

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Infosys revenue up 6 percent in Q1, reveals latest client wins

Technology outsourcing company Infosys said it posted revenue of $2,651 million (+6 percent) and net profit of $541 million (+5.8 percent) for the first quarter ended June 30, 2017. Infosys said Q1...

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Infosys to acquire customer experience (CX) co Brilliant Basics

Indian software firm Infosys announced its agreement to acquire Brilliant Basics, a London-based product design and customer experience (CX) company. The strategy of the technology outsourcing company...

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Data Commercialization lessons for CIOs from ATP’s approach

Image: Forrester The significance of big data analytics is growing as businesses and end-users empower themselves with digital technologies. According to an IDC report,  worldwide revenues for big data...

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Infosys CEO Vishal Sikka resigned amid news about board level tussle

Infosys CEO Vishal Sikka has resigned from the global software and technology outsourcing company amid news about a board room tussle. Resignation letter of Vishal Sikka Vishal Sikka said: “I started...

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Vishal Sikka’s email to board after resigning from Infosys

Vishal Sikka has sent an email after resigning from Infosys, a leading software and technology outsourcing company based in Bangalore, India. Infosys CEO Vishal Sikka resigned Over the last few days,...

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Infosys saga: from Narayana Murthy to Vishal Sikka

Narayana Murthy, founder of Infosys, seems to have triggered the resignation of Vishal Sikka from the software services company. Vishal Sikka, who did not have the CEO portfolio at business software...

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What Infosys should do after the exit of Vishal Sikka

The exit of Vishal Sikka from Infosys seems to have been accentuated by the streak of comments made by co-founder N.R. Narayana Murthy. The comments bordered on complaints, raising issues of corporate...

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Infosys interim CEO Pravin Rao’s email to 2 lakh employees

Days after taking over the mantle from flamboyant technocrat Vishal Sikka, software major Infosys’ unassuming interim CEO U.B. Pravin Rao on Tuesday reached out his nearly 2 lakh employees, asserting:...

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Infosys Murthy to interact with investors on Wednesday

A defiant Infosys Founder N.R. Narayana Murthy will interact with investors on Wednesday through a conference call to tell his version of the software major’s boardroom battles that led to the exit of...

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Infosys appoints Nandan Nilekani as non-executive chairman

Infosys announced the appointment of its co-founder and former CEO Nandan Nilekani as the non-executive chairman of the Board. The presence of Nandan Nilekani, who was the CEO of Infosys during 2002...

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Infosys saga in hard times — timeline

Software major Infosys has gone through a churn over the months, as its boardroom battles over a spate of issues led to the exit of its first non-founder executive Vishal Sikka on August 18 and the...

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Infosys saga indicative of industry-wide malaise

Infosys is yet again in the news for all the wrong reasons. The poster child of the Indian IT industry just cannot seem to stabilise its ship even after a decade of consistently losing market share...

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Narayana Murthy wants Infosys to regain its corporate governance

Narayana Murthy, the co-founder of Infosys, told his fellow shareholders that his main concern was the lack of corporate governance at the IT services company. Narayana Murthy is currently facing...

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Infosys’ Narayana Murthy exposes poor governance of previous Board

Infosys co-founder NR Narayana Murthy on Tuesday said the previous Board practised poor corporate governance. “My concern as a shareholder is the poor governance practised by the previous Board,” said...

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Infosys ex-chairman Seshasayee gets support from ex-directors John Etchemendy...

Infosys ex-chairman R Seshasayee, ex-directors John Etchemendy and Jeffrey Lehman have issued statements countering the arguments of co-founder Narayana Murthy on governance issues faced by the...

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Infosys completes acquisition of Brilliant Basics

Infosys announced that it has completed the acquisition of Brilliant Basics, a London-based product design and customer experience (CX) firm. The expansion helps Infosys expand the network of Digital...

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Infosys signs 7-year IT services deal with CMA CGM Group

Technology outsourcing major Infosys has signed a 7-year IT services deal with CMA CGM Group, a container shipping company, to transform CMA CGM’s IT applications and improve customer service...

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