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Infosys shows better result under Pravin Rao and Nandan Nilekani
Infosys has posted revenue of $2,728 million (+5.4 percent), operating profit of $659 million (+2.4 percent) and net profit of $578 million (+7.3 percent) for the quarter ended September 30, 2017. The...
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Infosys to hire 500 American workers in Rhode Island
Infosys announced a multi-year partnership with the State of Rhode Island to establish an Infosys Design and Innovation Hub. Infosys will also hire 500 American workers in Rhode Island over the next...
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Infosys picks Salil Parekh for CEO job when Capgemini ignored him
IT services company Infosys has hired Capgemini veteran Salil S Parekh as chief executive officer and managing director. Interestingly, Capgemini did not consider its board member Salil Parekh when the...
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Infosys bags digital transformation deal from retail giant ASW
IT services company Infosys announced digital transformation deal with A.S. Watson Group (ASW), a health and beauty retailer. The Bangalore-based Infosys did not reveal the size of the digital...
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Infosys signs IT services deal with Allison Transmission
Allison Transmission, a US-based manufacturer of automatic transmissions for commercial vehicles, has selected India-based IT services company Infosys to provide IT infrastructure management services....
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Infosys to hire 1,000 American workers in Connecticut
IT services company Infosys will open its next technology and innovation hub in Hartford, Connecticut and hire 1,000 American workers in the state by 2022. The Connecticut Technology and Innovation...
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Infosys CEO Salil Pareksh salary contract revealed
Infosys CEO Salil Parekh is getting relatively less attractive salary package as compared with the earlier CEO Vishal Sikka, according to a report in Mint. The report said Infosys chairman Nandan...
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Infosys adds $2.8 bn digitial revenue, to sell Kallidus and Skava
IT services company Infosys announced financial results for the fourth quarter and year ended March 31, 2018. ALSO READ: Huawei Cloud Campus webinar — join and win gifts Infosys in fiscal 2017-18 #...
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IT outsourcing co Infosys to renew focus on digital services
Infosys, India’s second-biggest IT firm, plans to renew its focus on digital services as it looks to boost growth amid shrinking profit margins in its legacy business and rising competition, Reuters...
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Infosys forms blockchain-based trade finance network with banks
Infosys has formed a blockchain-based trade finance network with seven private-sector banks, to increase security and efficiency in the banking sector while also broadening its product offering,...
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Infosys reveals salary of CEO Salil Parekh, COO UB Pravin Rao and presidents
Infosys annual report has revealed the remuneration of former chief executive officer Vishal Sikka, current CEO Salil Parekh and COO UB Pravin Rao, for 2017-18, according to a report by PTI. Who is...
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Infosys hired over 7,600 staff in the US
Infosys has hired over 7,600 staff in the US – more than three-fourth of its target of recruiting 10,000 American workers in its largest market, PTI reported. “We have opened five hubs now, we have...
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Infosys buys 75% stake in ABN AMRO subsidiary
Infosys will buy 75 percent stake in Stater, a subsidiary of ABN AMRO Bank. Stater offers mortgage administration services in the Netherlands, Belgium and Germany. ABN AMRO, the third largest bank in...
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Infosys achieves $1.035 billion digital revenues
Infosys has reported revenues of $3.060 billion (+9.1 percent) with operating profit of $658 million (–5.1 percent) in Q4 fiscal 2018-19. Infosys, a leading IT services provider based in India, said...
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Salary of Infosys CEO Salil Parekh and TCS CEO Rajesh Gopinathan
Infosys CEO Salil Parekh and Tata Consultancy Services (TCS) CEO Rajesh Gopinathan have received substantial increase in their salary during the last financial year, PTI reported on Monday. Salil...
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Infosys COO Pravin Rao explains growth drivers in business verticals
Infosys reported revenue of $3.13 billion (+10.6 percent) during the quarter ended June 30, 2019 as against $2.83 billion in the year-ago quarter. India’s second-largest IT services company posted net...
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Infosys salary of top management in fiscal 2018-19
Infosys annual report has revealed the remuneration of top management including CEO Salil Parikh and COO Pravin Rao UB during financial year 2018-19. Infosys CEO Salil Parikh has received an annual...
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Infosys opens Cyber Defence Center in Romania
Infosys announced the launch of its Cyber Defence Center in Bucharest, Romania. Infosys opened its Digital Innovation Center in Bucharest earlier this year. The Defence Center will provide 24/7 cyber...
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IT job: Infosys to hire 1,000 workers in Arizona by 2023
Infosys has inaugurated its Technology and Innovation Center in Arizona. Infosys plans to hire 1,000 American workers in the state by 2023. Infosys, a leading IT services and technology consulting...
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Revenue forecast on TCS, Wipro, Infosys, HCL and Tech Mahindra
Kotak has revealed its revenue outlook on Indian IT services companies such as TCS, Wipro, Infosys, HCL Technologies and Tech Mahindra. TCS TCS will likely report reasonable growth with challenges in...
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