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The Latest Breaking News from Infosys

Infosys does not support dual employment; have fired violators in last 12 months: Salil Parekh

NEW DELHI: India's second largest IT services company Infosys on Thursday made it clear that the company does not support moonlighting and said it has fired employees who were into dual employment over the last 12 months.

The Times of India

Infosys Q2 net profit jumps 11% to Rs 6,021 crore; announces share buyback of Rs 9,300 crore

NEW DELHI: IT service major Infosys on Thursday reported 11% jump in consolidated net profit for the second quarter ended September 30.

The Times of India

Infosys president Ravi Kumar S resigns after 20 years with firm

BENGALURU: After a long period of stability in its top management, Infosys has seen a major exit. Ravi Kumar S has resigned as president effective Tuesday, the company said in a stock exchange filing.

The Times of India

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Infosys president Ravi Kumar resigns, says company

NEW DELHI: IT services major Infosys on Tuesday said that president Ravi Kumar S has decided to resign from his post with immediate effect.

The Times of India

Former US hiring executive sues Infosys over biases

BENGALURU: Infosys is facing an age and sex bias suit in the US by a former VP of talent acquisition, Jill Prejean, after she alleged that the IT firm discriminated and retaliated against her.

The Times of India

While changes are taking place to develop industries beyond Bengaluru, there is a need to fast-track them, says Union Minister Joshi

Union Minister for Parliamentary Affairs, Coal and Mines Pralhad Joshi said that while changes were happening to develop industries ‘Beyond Benglauru’, there was need for fast-tracking the changes in tune with the pace of technological advancements and developments across the globe.

The Hindu

A small dip in one academic year should not be treated singularly and with pessimism: Ashwath Narayan

Government has taken many steps aimed at bridging the digital divide between urban-rural, and government-private institutions

The Hindu

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Online Dispute Resolution is a great example of social engineering: Nandan Nilekani

He was addressing students at the convocation of the National Law School of India University

The Hindu

Mcap of six of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards

NEW DELHI: Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid weak trend in equities.

The Times of India

Benzinga's Top Ratings Upgrades, Downgrades For September 16, 2022

Benzinga

Infosys shoots off stern missive to staff on moonlighting; no two-timing, it warns

Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time

The Hindu

Sensex gains over 500 points in early trade; Nifty above 17,650

MUMBAI: Equity benchmark sensex climbed over 500 points in early trade on Friday, tracking gains in index-heavyweights Titan, Wipro and Infosys amid a firm trend in global markets.

The Times of India

'There will be blood on streets': Why Big Tech companies are laying off staff

NEW DELHI: After years of rapid expansion, a trend of freeze in hiring and layoffs has been observed among startups and major tech companies. So far, around 150 US-based companies have laid off over 37,000 people in 2022. Most layoffs were reported in June with 75 US-based tech companies laying…

The Times of India

IT spends in good shape; see continued strength in US, European markets: Infosys CEO

BENGALURU: India's second-largest IT services company Infosys is "comfortable" with the higher revenue growth guidance of 14-16 per cent it gave for the full fiscal, as global IT spends are in "good shape", CEO Salil Parekh said on Tuesday.

The Times of India

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The Hindu

Celebrations as operations start at Infosys Hubballi

The IT giant has so far not made any official announcement on this

Daily Mirror

Rishi Sunak accused of conflict of interest over wife's links to oil giant Shell

Rishi Sunak's wife Akshata Murty owns an estimated £690 million stake in her father’s firm Infosys - which last year signed a lucrative pact with money-spinning oil giant Shell

The Hindu

Infosys likely to start operations in Hubballi on Monday

But no official communication on this from company yet

The Hindu

Mayor extends support to ‘Start Infosys Hubballi’ campaign

Under the campaign, it has been planned to send 10,000 postcards to the Chief Minister

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The Independent UK

Rishi Sunak: Who is the former chancellor running to be the next PM?

Richmond MP must convince fellow Tories he is right man to lead economic revival and unite party

The Hindu

Infosys Q1 net rises 3.2%, expenses surge 29%

Deal pipeline strong, will hire 50,000 freshers this fiscal, says managing director Parekh

The Hindu

‘10,000 letters to the Chief Minister’ campaign launched in Hubballi

Walkathon participants urge IT bellwether Infosys to start full-fledged work on its campus

The Independent UK

Rishi Sunak: Who is the former chancellor leading the race to be the next PM?

Richmond MP must convince fellow Tories he is right man to lead economic revival and unite party

The Independent UK

Rishi Sunak: Who is the former chancellor leading the race to be the next Prime Minister?

Richmond MP must convince fellow Tories he is right man to lead economic revival and unite party

Benzinga

What's In The Offing For Infosys (INFY) This Earnings Season?

Infosys Limited (NYSE: INFY) is scheduled to report first-quarter fiscal 2023 results on Jul 24. Over the trailing four quarters, the India-based IT services provider's earnings beat the Zacks Consensus Estimate once, met the same on two occasions and missed it once, the average beat being 0.2%.

The Independent UK

Rishi Sunak: Who is the former chancellor leading the race to be the next PM?

Richmond MP must convince fellow Tories he is right man to lead economic revival and unite party

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