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Infosys strengthens presence in Europe with Fluido acquisition Posted on 15th September 2018 |
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Infosys on Friday announced a definitive agreement to acquire Fluido, a salesforce advisor and consulting partner in Nordics that has expertise in cloud consulting, implementation and training services. Infosys said the acquisition enhances its ability to provide clients an unparalleled cloud-first transformation. With offices in Finland, Denmark, Sweden, Norway and Slovakia, Fluido elevates Infosys’ presence across the Nordics region. |
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Hiring picks up at TCS, Infosys, Cognizant, Wipro and HCL Tech Posted on 12th September 2018 |
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New Delhi: The top five software services providers operating in India added 24,047 people in the first quarter of this fiscal, compared with the 13,772 net additions in the previous fiscal, leading many experts to believe that the industry is set to record the fastest growth in three years. The turnaround in the pace of hiring at Tata Consultancy Services Ltd (TCS), Cognizant Technology Solutions Corp., |
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Infosys is embedding 'specialists' to push sales in digital space Posted on 10th September 2018 |
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In a bid to push sales in digital space, India’s second largest IT services company, Infosys, is embedding ‘digital specialists’ to select base of clients who are in the advanced stage of adopting newer technologies for transforming their businesses. The Bengaluru-based firm, which started this practice last quarter, said it was helping it to be precise on its offerings with greater understanding of the client needs. |
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Infosys, Temasek form JV in Singapore Posted on 8th September 2018 |
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India’s second largest IT services firm Infosys on Friday said it had teamed up with Temasek to form a joint venture that will support the Singapore-based company’s digital transformation journey. The joint venture — in which Infosys Consulting (Infosys subsidiary) holds 60 per cent stake — will be headquartered in Singapore, Infosys said in a statement. |
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Infosys to hold 60% stake in JV with Temasek, looks to expand in SE Asia Posted on 7th September 2018 |
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India's second-largest software services exporter Infosys Ltd said on Friday it formed a joint venture with Singapore state investor Temasek as it expands its presence in Southeast Asia. Temasek looks to enhance its IT services through the venture in which Infosys will hold a 60 per cent stake and Temasek 40 per cent, Infosys said in a statement. |
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Infosys turns ex-date for 1:1 bonus; stock hits new high Posted on 4th September 2018 |
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Shares of Infosys hit a new high of Rs 737, up 3% (adjusted to bonus issue) on the BSE. The stock of the country's second-largest information technology (IT) services company is trading ex-date for 1:1 bonus issue. The board of directors of Infosys has fixed Wednesday, September 5, 2018, as the record date for the purpose of allotment of bonus shares/stock dividend. |
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IT indices hit new high on weak rupee; TCS, Infosys hit fresh highs Posted on 31st August 2018 |
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Shares of information technology (IT) companies continued their upward journey with Nifty IT and the S&P BSE IT index hitting their respective new highs on weak rupee against the US dollar. Nifty IT index (15,796) and the S&P BSE IT index (15,578), up nearly 2% each have touched new high on Friday. In comparison, the benchmark indices were up 0.4% each. |
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Infosys gains on fixing record date for 1:1 bonus Posted on 27th August 2018 |
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Shares of Infosys was up 1% to Rs 1,397 on the BSE in early morning trade after the information technology (IT) firm said it has fixed September 5, 2018 as record date for the purpose of allotment of bonus shares/stock dividend. The stock will turn ex-date for bonus shares on September 4, 2018. |
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Infosys opens new technology and innovation hub in North Carolina Posted on 23rd August 2018 |
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Bengaluru: Infosys said it has opened technology and innovation hub in North Carolina, taking it to three such hubs in the US. The company inaugurated its Technology and Innovation Hub in Raleigh on Wednesday (August 22). The other two were set up in Indianapolis and Connecticut recently. |
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Infosys CFO exit: JP Morgan says company struggling to keep top management flock together Posted on 20th August 2018 |
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Infosys CFO exit: After Infosys CFO MD Ranganath announced his voluntary resignation, JP Morgan said that the development is likely to cause the shares to take a breather. Notably, Infosys CFO resignation comes just seven months after India’s second-biggest software services exporter appointed a new Chief Executive Officer at the helm following Vishal Sikka’s exit. |
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