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...
View ArticleInfosys 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...
View ArticleInfosys 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...
View ArticleInfosys 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...
View ArticleInfosys 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...
View ArticleData 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...
View ArticleInfosys 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...
View ArticleVishal 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,...
View ArticleInfosys 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...
View ArticleWhat 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...
View ArticleInfosys 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:...
View ArticleInfosys 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...
View ArticleInfosys 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...
View ArticleInfosys 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...
View ArticleInfosys 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...
View ArticleNarayana 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...
View ArticleInfosys’ 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...
View ArticleInfosys 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...
View ArticleInfosys 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...
View ArticleInfosys 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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