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Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Infosys` contingency plan for the case that the group would not be able to send low-cost developers to work with temporary work visas on big tech projects in the United States would be to hire staff locally, he said.&nbsp;

Infosys CEO Sikka says Trump election may weigh on margins

Infosys shares slumped 2.57 percent on the Bombay Stock Exchange in morning trade as a sluggish global economy hits India`s outsourcing industry hard with companies inclined to think twice before rushing to sign contracts.

Infosys cuts forecast over 'uncertain' future

After reporting disappointing result, the company had reduced its currency guidance for the current fiscal.&nbsp;

Despite challenges, Infosys is progressing well, analysts say

WATCH: Top 5 stories of this afternoon;  From Nifty falling below 8,600-mark to Vishal Sikka saying Infosys to post good Q2 results 

The Telegraph quoted&nbsp;RBS CEO Ross McEwan as saying,&nbsp;“Given lower interest rate environment, it is clear that W&amp;G would be unlikely to grow its balance sheet to the extent necessary to deliver returns above&nbsp;the cost of capital within the next five years”

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In Q2, and beyond, we must accelerate our work in all the key strategic aspects of our work, Sikka said.

"I am disappointed," Sikka says in his letter to Infosys employees

Infosys has now cut its revenue guidance to 10.5% to 12%.&nbsp;

Infosys fails to meet investors' expectations

5 key things that Vishal Sikka of Infosys said after disappointing Q1 results

Q1: Infosys disappoints street; stock plunges over 8% 

Tech Mahindra's Vineet Nayyar got nearly Rs 182 crore as pay package in FY16 

Political development in US to impact Infosys business: Chairman R Seshasayee 

Neemuchwala was also given 200,000 in stock options in the financial year ended March 2016.

Wipro CEO Neemuchwala gets Rs 12 crore pay package in FY16

Our context has fundamentally, and irreversibly, changed, and we cannot go back to the approaches and methods of the past, said Sikka in his letter.&nbsp;

Read the full text of Vishal Sikka's letter to Infosys' stakeholders

Earlier this year, Infosys board extended the tenure of Sikka by nearly two years till March 2021.

This is how much pay Vishal Sikka took home in FY16

vishal-sikka

Infosys had earlier classified its subsidiaries Kallidus &amp; Skava (together referred to as "Skava”) and Panaya as “Held for Sale”. 

Q3 Results: Infosys fails to sell Panaya, Skava assets - How Vishal Sikka's legacy gave sleepless nights to IT giant

For half year end of FY19, Infosys revenue stood at Rs 39,737 crore with growth of 14.7% YoY. While net profit was at Rs 7,721 crore increasing by  7.1% YoY. 

Vishal Sikka's Panaya deal dents Infosys profit in 1HFY19 by $39 mn; all details inside

Infosys posted 3.70% growth in net profit to Rs 3,612 crore in Q1FY19 compared to net profit of Rs 3,483 crore in the corresponding period of the same month.

This Vishal Sikka deal is a burden for Infosys; here's how 

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

What kind of pay hikes did Infosys employees get in April? Attrition soars

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. 

Now, Infosys looking to sell controversy-ridden Vishal Sikka-linked Panaya 

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Vishal Sikka

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Infosys CEO Sikka says Trump election may weigh on margins

Infosys cuts forecast over 'uncertain' future

Despite challenges, Infosys is progressing well, analysts say

WATCH: Top 5 stories of this afternoon; From Nifty falling below 8,600-mark to Vishal Sikka saying Infosys to post good Q2 results

Infosys falls 2% as RBS deal cancellation weighs heavy

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BIG warning for IT stocks! Rally to end after 2,400-pts jump in Nifty IT? Anil Singhvi flags key danger zone

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