IndiaCatalog.com
Login Signup
IndiaCatalog.com
Home Web Directory Classifieds Yellow Pages Global Directory City Guide News Photo Galleries
Login
Signup
  • Home
  • News
  • Infosys Technologies Limited Related news

Infosys Technologies Limited Related news

Infosys announces buyback of shares worth Rs 8,260 cr at Rs 800 per share

Infosys announces buyback of shares worth Rs 8,260 cr at Rs 800 per share

Continuing with the programme it started in FY18, Infosys on Friday announced buyback of shares worth up to Rs 8,260 crore at Rs 800 per share. The firm is offering the repurchase price at a 16.89 per cent premium over Friday’s closing price of Rs 684.35 on the NSE.

“The board has approved a proposal for buying back equity shares for an amount aggregating up to Rs 8,260 crore, which is less than 15 per cent of the total paid-up share capital and free reserves of the company,” Infosys said.

Yet another top-level executive quits Infosys

Yet another top-level executive quits Infosys

Bengaluru: Another top-level executive of India's second largest software services company, Infosys has tendered his resignation after close to a two decade-long stint.

Sudip Singh, the global head of the energy, utilities, resources and services unit of Infosys has quit the company.

Slowdown in US economy threatens TCS, Infosys, Wipro

Slowdown in US economy threatens TCS, Infosys, Wipro

New Delhi: Concerns about a slowdown in US economy poses the biggest risk to India’s $167 billion information technology (IT) outsourcing industry as experts fear Fortune 1000 companies may cut spending on technology, hurting Tata Consultancy Services Ltd (TCS), Infosys Ltd and Wipro Ltd. Demand for digital services, which includes data crunching and artificial intelligence (AI) powered platforms, is still linked to the overall health of an economy, they say.

Larger outsourcing contracts may boost IT revenues in FY19

Larger outsourcing contracts may boost IT revenues in FY19

New Delhi: The twin trends of outsourcing larger technology contracts and Fortune 1000 companies awarding work that was earlier done internally to its vendors have led analysts and information technology executives to suggest that the sector could grow faster in the year starting 1 April.

These trends are the third positive development for India’s $167 billion information technology (IT) outsourcing sector, after the first six months of the current fiscal saw IT firms adding more employees and raising salaries of some of them by as much as 40%.

Infosys climbs 2% on reports it may consider Rs 112 billion share buyback

Infosys climbs 2% on reports it may consider Rs 112 billion share buyback

Shares of IT major Infosys climbed as much as 2 per cent to Rs 659 apiece on Monday amid reports the IT major may consider a second share buyback proposal of $1.6 billion (Rs 112.30 billion) in which some founding family members could tender their shares.

The share buyback could happen at around 20-25 per cent premium to the current market price, The Times of India reported. The announcement of the buyback can be a part of the board resolution when it meets on January 11, the report added.

Nifty IT index extends decline for fourth day; Infosys, TCS fall up to 2%

Nifty IT index extends decline for fourth day; Infosys, TCS fall up to 2%

Shares of information technology (IT) companies were under pressure on Friday with the Nifty IT index falling over 1 per cent and extending its decline into the fourth straight day, after the US indices extended falls as sentiment remained fragile.

Tata Consultancy Services (TCS), Infosys, Wipro, NIIT Technologies, Larsen & Toubro Infotech, KPIT Technologies, Tata Elxsi and Sonata Software were down between 1% to 2% on the National Stock Exchange (NSE).

Infosys appoints Bharti Airtel's Nilanjan Roy as chief financial officer

Infosys appoints Bharti Airtel's Nilanjan Roy as chief financial officer

The country's second largest IT services company, Infosys, on Thursday announced the appointment of Nilanjan Roy (pictured), a Bharti Airtel veteran, as its chief financial officer (CFO) effective from March 1.

Roy, who has been with Airtel for the past 13 years, is the global CFO at the telecom major, a position he has been holding since August 2015. The post of a full-time CFO at Infosys was vacant since November 17 after its then chief financial officer M D Ranganath resigned citing personal reasons.

Infosys hires former Cognizant executive to head its consulting business

Infosys hires former Cognizant executive to head its consulting business

New Delhi: A year into his role as chief executive officer of Infosys Ltd, Salil Parekh has made the first big hire at India’s second-largest information technology (IT) services firm by naming former Cognizant Technology Solutions Corp. executive Mark Livingston the head of the consulting business.

Infosys forms JV with Hitachi, Panasonic, Pasona in Japan

Infosys forms JV with Hitachi, Panasonic, Pasona in Japan

New Delhi: Infosys on Friday said it has formed a joint venture (JV) with Hitachi, Panasonic Corporation and Pasona to strengthen its presence in the Japanese market.

As part of the agreement, Infosys will acquire 81 per cent of the shareholding in Hitachi Procurement Service Co, Hitachi's fully owned subsidiary, Infosys said in a statement.

Infosys inaugurates new technology hub in US, hires over 7,000 workers

Infosys inaugurates new technology hub in US, hires over 7,000 workers

IT firm Infosys on Thursday announced inauguration of its new technology and innovation hub in Hartford in the US.

The company also announced that it has hired more than 7,000 American workers in the last 18 months as a part of its ongoing commitment to accelerate the pace of digital innovation for American enterprises.

  • Previous
  • 5
  • 6
  • 7
  • 8
  • 9
  • Next

Post a FREE Classified Advertisement

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.

Most Read News

IndiaCatalog News
Illegal US entry means jail, deportation, visa ban: Embassy warns Indians
IndiaCatalog News
Adani Total Gas, Jio-bp tie up to offer petrol, diesel, CNG at fuel outlets
IndiaCatalog News
NSE offers $160 mn to settle dispute with Sebi, move ahead with IPO
IndiaCatalog News
India returns to space after 41 yrs, Shubhanshu Shukla lifts off on Axiom-4
IndiaCatalog News
ED raids in Gujarat, Maharashtra in cyber fraud probe over ₹100 cr scam

CORPORATE NEWS

Nuclear Power Corporation of India Limited (NPCIL)
Nuclear Power Corporation of India Limited (NPCIL)
Essar Steel
Essar Steel
National Highways Authority of India
National Highways Authority of India
Defence Research and Development Organization (DRDO)
Defence Research and Development Organization (DRDO)
Coal India Ltd
Coal India Ltd
National Stock Exchange of India Ltd (NSE)
National Stock Exchange of India Ltd (NSE)
Larsen & Toubro Limited
Larsen & Toubro Limited
Ashok Leyland Limited
Ashok Leyland Limited

PHOTO GALLERY

Happy New Year
Happy New Year
Captain Tractors
Captain Tractors
Ram Charan Teja
Ram Charan Teja
Uttarakhand Glacier Disaster 2021
Uttarakhand Glacier Disaster 2021
Jaguar XK
Jaguar XK
Sundeep Kishan
Sundeep Kishan
Vishal
Vishal
K.G.F: Chapter 2
K.G.F: Chapter 2
IndiaCatalog.com

IndiaCatalog.com is a website brought to you by Portland Technologies to provide directory of Indian websites, News, City Guides and profiles of Indian Businesses. Portland Technologies also provides IT solutions for Small and Medium Businesses in India.


Products

India Web Directory

Global Web Directory

Yellow Pages

Photo Galleries

FREE India Classifieds


Useful links

About us

Advertise

Link to us

Submit a Site

Business Reviews


Contact

Plot #37, Ramnagar Gundu, Hyderabad - 500 044

service@indiacatalog.com

+91-40-23756949


© Copyright: IndiaCatalog.com