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What kind of pay hikes did Infosys employees get in April? Attrition soars
Sat, Apr 14, 2018
Infosys also announced it has cleared pay hikes for its employees. The tech major said that it has rolled out salary hikes ranging from "mid-single digit to high-single digit " for a majority of its employees. The salary hike would be effective from April onwards
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Now, Infosys looking to sell controversy-ridden Vishal Sikka-linked Panaya
Fri, Apr 13, 2018
Infosys on Friday announced its March quarter results with the net profit coming in at Rs 3,690 crore, a 28.2 per cent drop quarter-on-quarter. The IT major had reported a net profit of Rs 5,129 crore in the December quarter and Rs 3,603 crore in the same quarter last year.
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Infosys promoters offer shares worth Rs 2,038 crore for buyback
Sun, Sep 03, 2017
The promoters group -- which includes most of the founders and their families -- have expressed their intention to be part of Infosys' first buyback plan in its over three-decade history and have offered to tender a maximum of 1.77 crore shares.
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Nadan Nilekani goes down memory lane on return to Infosys
Sat, Aug 26, 2017
Nilekani, 62, who was CEO of Infosys from March 2002 till April 2007 and its Vice-Chairman subsequently, quit the company in 2009 to head the Unique Identification Authority of India as its first Chairman till May 2014.
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Investors want former CEO Nandan Nilekani to return to Infosys board
Wed, Aug 23, 2017
A group of 12 major institutional investors in Infosys Ltd has asked the Indian IT services company to bring former CEO Nandan Nilekani back on to its board to try to resolve a feud with the company`s founders.
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Should retail investors tend their shares in Infosys buyback plan?
Wed, Aug 23, 2017
Infosys is going through a difficult phase as its CEO and MD Vishal Sikka has resigned due to ongoing tirade with co-founder Narayana Murthy. The stock has fallen nearly 15% but can the share buyback plan stem the loss? What should retail investors do with their shares?
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Buyback fails to cheer investors as nine brokerages downgrade Infosys since Sikka's exit
Mon, Aug 21, 2017
Vishal Sikka, CEO and MD, Infosys' resignation has sent shivers down investors' spine as the stock lost nearly Rs 27,000 crore in value. Moreover, a Rs 13,000 crore first-time-ever share buyback has so far failed to cheer sentiments as the stock continued to lose value on Monday August 21, 2017.
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Narayan Murthy's shadow to loom large over search for Infosys CEO
Sun, Aug 20, 2017
Infosys' search for a new CEO may not be an easy one as the pressure of being under the constant scrutiny of the firm's high-profile founders could see many candidates shying away, said industry leaders and experts.
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