Whistleblowers accuse Infosys CEO Salil Parekh of fudging company's financials and inflating profits
Oct 22, 2019, at 11:42 am
Rockville, Maryland/Bengaluru/IBNS: Mounting troubles for IT giant Infosys, a group of anonymous whistleblowers from the employees have alleged that that CEO Salil Parekh has been fudging the company’s financials and inflating profits in the recent quarters, media reports said. Infosys shares plunged by nearly 16 per cent on Tuesday after the accusations in the IT giant's worst single-day fall in over six years.
Infosys Foundation to build center for handling cybercrime investigation
Oct 03, 2018, at 04:30 pm
Kolkata / Bengaluru, Oct 3 (IBNS) IT major Infosys Foundation, the philanthropic arm of Infosys,on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with the Criminal Investigation Department (CID) of Karnataka Police and Data Security Council of India (DSCI) towards setting up the Centre for Cybercrime Investigation Training & Research (CCITR) in Bengaluru, Karnataka.
Infosys positioned in Winner’s Circle of HfS Research Blueprint Report for Energy Operations 2017
Oct 04, 2017, at 11:23 pm
Bengaluru, Oct 4 (IBNS): Infosys has been positioned in the Winner’s Circle by HfS Research Blueprint Report for Energy Operations 2017.
Infosys denies promoter stake sale plans, stock takes a hit
Jun 09, 2017, at 06:46 pm
Bengaluru, Jun 9 (IBNS): Infosys, one of India's leading IT services company, has denied media reports of a stake sale by the founders and issued a statement to that effect on Friday.
Indian benchmark indices decline on Wednesday, Infosys to declare quarterly results on Thursday
Apr 12, 2017, at 09:51 pm
Mumbai, Apr 12 (IBNS): The Indian market chose to remain cautious on Wednesday ahead of the company earnings season scheduled with Infosys declaring its quarterly results on Thursday.
Infosys announces winners of Infy Maker Awards in India
Sep 26, 2016, at 09:29 pm
Bangalore, Sept 26 (IBNS): Infosys , a global leader in consulting, technology, outsourcing and next-generation services, today announced the winners of the first Infy Maker Awards, India.
Infosys reports its June 2016 earnings results
Jul 16, 2016, at 03:07 am
Bengaluru, Jul 15 (IBNS): India's second largest IT exporter, Infosys reported its results for the first quarter (ending June 30, 2016) on Friday, which showed that the company's quarterly revenue was up 1.4 per cent from the preceding quarter (q-o-q) and 16.9 per cent from the same quarter a year ago (y-o-y) to Rs 16,782 crore but its net profit declined 4.5 per cent q-o-q but was up 13.4 per cent y-o-y to Rs 3,436 crore.
Infosys to Announce First Quarter Results on July 15
Jul 11, 2016, at 05:45 pm
Bangalore, July 11 (IBNS): Infosys Limited will announce the results for its first quarter, ended June 30, 2016, on Friday, July 15, 2016,
Infosys drives environment sustainability efforts at Bangalore Campus
Jun 24, 2016, at 09:05 pm
Bangalore, June 24 (IBNS): Infosys, in its recently launched Sustainability Report, stated the company launched a new biogas plant at its Bangalore campus, to treat food waste onsite and use the biogas generated from the plant, for cooking in the food courts.
Infosys consulting strengthens leadership team
Feb 19, 2016, at 08:49 pm
Bengaluru , Feb 19 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Friday announced the appointment of Michael Pesch as Chief Executive Officer of Infosys Consulting Holding AG (formerly Infosys Lodestone), strengthening its focus on creating an integrated, consulting-led business to help clients renew their existing IT landscapes non-disruptively, while simultaneously bringing innovation and new technologies to their businesses.
Infosys Prizes will go long way towards nurturing the innovation ecosystem in our country: President
Feb 14, 2016, at 02:38 am
New Delhi, Feb 13 (IBNS) President Pranab Mukherjee presented the Infosys Prizes for the year 2015 here on Saturday.
DNB Bank selects Infosys for Application Transformation Programme
Dec 11, 2015, at 12:57 am
Bangalore, Dec 10 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Thursday announced that it has won a contract to transform the application landscape of DNB Bank of Norway.
Oct 23, 2015, at 09:51 pm
Bhubaneswar, Oct 23(IBNS): Akanksha, the CSR arm of Infosys Bhubaneswar Development Center (DC), today announced an enhanced partnership with the Central Institute of Plastics Engineering and Technology (CIPET), a Government of India Institute.
Huawei, Infosys jointly launch Smart Stadium Solution
Oct 20, 2015, at 10:19 pm
Shenzhen, China, Oct 20 (IBNS): Huawei, a leading global information and communications technology (ICT) solutions provider and Infosys, a global leader in consulting, technology, outsourcing and next generation services, on Tuesday announced the launch of a Smart Stadium Solution to provide high-speed Wi-Fi access and smart services for users in stadiums and exhibition centers.
Infosys Science Foundation organizes public lecture on "The Latent Power of Absurd Ideas"
Oct 02, 2015, at 04:38 am
New Delhi, Oct 1 (IBNS): The Infosys Science Foundation (ISF), in association with the Indraprastha Institute of Information Technology - Delhi (IIIT-D), on Thursday organized a public lecture on “The Latent Power of Absurd Ideas aka Robust Query Processing†by Jayant Haritsa, Supercomputer Education & Research Centre and Chair of Department of Computer Science & Automation, Indian Institute of Science (IISc), Bengaluru.
TOMS Shoes partners with Infosys for Global Digital Operations
Sep 22, 2015, at 12:44 am
Bangalore, Sept 21 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, has announced that it has signed a three-year agreement with TOMS to become its worldwide partner to maintain and develop its digital platform.
Infosys Mangalore celebrates its 20th year anniversary
Sep 09, 2015, at 08:46 pm
Mangalore, Sept 9 (IBNS): Infosys Mangalore Development Centre (DC), the company's first DC to be built outside of Bangalore, on Wednesday celebrated its 20th anniversary.
Infosys Science Foundation organizes the fourth edition of 'Limit Infinity'
Aug 26, 2015, at 09:18 pm
Bangalore , Aug 26 (IBNS): The Infosys Science Foundation (ISF) in association with Sishu Griha Montessori and High School, organized the fourth edition of Limit Infinity, an inter-school fest aimed at fostering interest in science amongst students. Over 550 students from 14 schools took part in the day-long event that was hosted by Infosys at its campus in Electronics City.
Infosys Science Foundation organizes second chapter of its Teachers' Training Program in Mysuru
Jul 28, 2015, at 10:36 pm
Mysuru- July 28 (IBNS): The Infosys Science Foundation (ISF), in association with the Agastya International Foundation (AIF) and the Government of Karnataka, on Tuesday launched the second edition of its Teachers’ Training Program focused on the constructivist approach in hands-on training for educators from government schools in Karnataka, at the Infosys campus in Mysuru.
Infosys invests in Ireland on the Back of Strategic Partnership with Allied Irish Bank
Jul 03, 2015, at 10:18 pm
Bangalore, July 3 (IBNS): Infosys , a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has been selected as a strategic partner by Allied Irish Banks, p.l.c. (AIB), a financial services group operating predominantly in the Republic of Ireland and the UK.
Infosys launches preventive maintenance offering 'Finacle Assure'
May 01, 2015, at 09:15 pm
San Francisco / Bangalore , May 1 (IBNS): Infosys , a global leader in consulting, technology, outsourcing and next-generation services, today announced the launch of Finacle Assure, a preventive maintenance service offering based on an IT Operations Analytics (ITOA) platform.
Feb 17, 2015, at 06:56 am
Bangalore, Feb 16 (IBNS): Infosys, a leader in consulting, technology and next generation services, on Monday announced a definitive agreement to fully acquire Panaya, Inc., a provider of automation technology for large scale enterprise software management, in cash, for an enterprise value of USD 200 million.
IT major Infosys acquires US-based firm Panaya
Feb 16, 2015, at 05:45 pm
Mumbai, Feb 16 (IBNS): Indian IT giant Infosys on Monday announced the acquisition of US-based firm Panaya for Rs 1,250 crore, media reports said.
Infosys announces USD 250 million fund to support Indian start-ups
Jan 15, 2015, at 03:49 am
New Delhi, Jan 14 (IBNS): Infosys, a leader in consulting, technology, outsourcing and next-generation services, on Wednesday announced the creation of a USD 250 million (INR 1,550 Crore) 'Innovate in India Fund' from its recently expanded Innovation Fund.