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Infosys Technologies Limited Related news

TCS, Infosys shares hit record high as rupee falls to 19-month low

TCS, Infosys shares hit record high as rupee falls to 19-month low

Mumbai: Shares of information technology companies, including Tata Consultancy Services Ltd and Infosys Ltd, gained on Wednesday as the Indian rupee weakened to a 19-month low against the US dollar. NSE’s Nifty IT Index gained 1.11% at 10.57 am. The Nifty 50Index was down 0.20%.

Whistleblower’s letter highlights Infosys delay in filing Form 20F

Whistleblower’s letter highlights Infosys delay in filing Form 20F

An anonymous whistleblower has raised concerns against Infosys for the delay in filing of Form 20F with the US Securities and Exchanges Commission. Form 20F contains the detailed financials statements and other key risks to the company.

The whistleblower has addressed his concerns to both Indian and US regulators. His letter, reviewed by FE, said, “Infosys has not yet filed its Form 20F, which is the annual filing as required under the SEC rules.

Infosys at exciting juncture, bets big on digital: Nilekani at 37th AGM

Infosys at exciting juncture, bets big on digital: Nilekani at 37th AGM

Riding on strong financial performance and disruptive technologies, global software major Infosys is betting on digital strategy to spur growth in the exciting times, said its co-founder and Chairman Nandan M Nilekani on Saturday.

"We are at an exciting juncture in the journey of our industry. I have never seen as many possibilities to partner with and grow along with our clients as I see today.

Infosys @ 25 years of listing; ex-CFO says Narayana Murthy made it all happen

Infosys @ 25 years of listing; ex-CFO says Narayana Murthy made it all happen

As IT major Infosys completed 25 years of its listing on the stock exchange, a former senior official of the firm paid rich tributes to the co-founder N R Narayana Murthy for creating the “dream” company.

“I don’t think the country is going to see one more Infosys again because Infosys has been a dream company for many generations,” says ex-Chief Financial Officer V Balakrishnan.

TCS, Infosys push BSE IT index to new high; IT index rallies 24% in CY18

TCS, Infosys push BSE IT index to new high; IT index rallies 24% in CY18

Shares of information technology (IT) companies were in focus on Monday with the S&P BSE IT index hitting record high. The raly comes on the back of a surge in prices of sector majors - Tata Consultancy Services (TCS) and Infosys - that hit a new high on the BSE in intra-day trade.

Markets applaud Infosys on its silver jubilee, surges 23% on BSE in 2018

Markets applaud Infosys on its silver jubilee, surges 23% on BSE in 2018

With Infosys all set to complete a quarter century on the Indian bourses, the company's share price has reflected the iconic journey of the tech services firm, touching an all-time high on Wednesday.

The share price of the Bengaluru-headquartered company touched a record high of Rs 1,284 on the BSE, surpassing the previous high of Rs 1,278 on June 3, 2016.

Infosys co-founders roll out Rs 200 crore seed fund for startups

Infosys co-founders roll out Rs 200 crore seed fund for startups

BENGALURU: Early-stage VC financier Axilor Ventures has launched a Rs 200-crore seed fund. Called Axilor Technology Fund, it will invest in fledgling startups looking for pre-seed or seed money in areas that include enterprise, deep tech, artificial intelligence (AI), consumer, fintech and healthcare.

Infosys gets nod to delist from Euronext Paris and London exchanges

Infosys gets nod to delist from Euronext Paris and London exchanges

IT major Infosys on Monday said its proposal for voluntary delisting of its American Depositary Shares (ADSs) from Euronext's Paris and London exchanges has been approved by the Board of Directors of the two bourses.

In March this year, Infosys had announced its intention to delist the ADSs on account of the "low average daily trading volume of Infosys ADS on these exchanges, which is not commensurate with the related administrative requirements".

Infosys announces voluntary delisting of ADSs from Euronext London and Paris; NYSE ADSs to be traded as usual

Infosys announces voluntary delisting of ADSs from Euronext London and Paris; NYSE ADSs to be traded as usual

India’s second-largest IT company Infosys on Monday announced the voluntary delisting of Infosys ADSs (American Depository Shares) from Euronext Paris and Euronext London following the lower average trading volume on the respective stock exchanges. “Infosys Ltd (“Infosys”) (NYSE: INFY) (Euronext Paris and Euronext London: INFY)

Fresher hiring in US to aid margins in FY19: Infosys CEO Salil Parekh

Fresher hiring in US to aid margins in FY19: Infosys CEO Salil Parekh

At a time when most analysts see margin pressure on domestic IT firms due to increased onshore hiring, Infosys on Wednesday said that the company expects hiring of fresh graduates in the US to its workforce to aid its profit margins, at least in the short-term.

As a part of its localization drive, the Bengaluru-based company, during the past 12 months, have added 4,000 engineers in the US, and is looking at hiring 6,000 more by 2021.

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