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infosys recovers after 4% drop in early trade as cfo ranganath quits




shares of infosys was trading 2% lower at rs 1,401, after falling 4% in early morning trade on the bse, after the company’s chief financial officer (cfo), m d ranganath, has decided to leave the it major to pursue external opportunities.infosys recovered 2.2% from its early morning low of rs 1,374...



infosys cfo ranganath quits; move may impact firm's stabilisation efforts




in a move that might add to infosys' woes, m d ranganath, a company veteran who is currently its chief financial officer (cfo), has decided to leave the it major to pursue external opportunities. in a release on saturday, infosys said that the board of directors has accepted his resignation, and the...



infosys cfo ranganath quits; move may impact firm's stabilisation efforts




in a move that might add to infosys' woes, m d ranganath, a company veteran who is currently its chief financial officer (cfo), has decided to leave the it major to pursue external opportunities. in a release on saturday, infosys said that the board of directors has accepted his resignation, and the...



infosys shifts its cfo back to india after 6 months




in what could be a clear sign of departure from former ceo vishal sikka's us-centric policies, infosys has shifted its chief financial officer m d ranganath back to india.the new development comes in the wake of new ceo and md salil parekh taking charge at india's second largest it services exporter...



news digest: kerala floods, l&t buyback, infosys cfo quits, and more




kerala floods: cm says initial loss at rs 195 bn, centre offers rs 5 bn unprecedented flooding triggered by ... ial rain in kerala had inflicted a loss of about rs 195 billion on the state’s economy, chief minister pinarayi vijayan informed prime minister narendra modi, who took stock of the situa...



infosys, wipro lay off 1% of staff in six months




the fear of job losses is slowly becoming a reality as two of the top five it firms based in bengaluru reduced their headcount by 1% in the first six months of the current financial year.hit by the slowdown in spends across the world, india’s second and third largest it companies — infosys and w...



low-key start to salil parekh's infosys innings




the contrast was evident at infosys, the information technology (it) giant. salil parekh (pictured), who has kept a low profile in his three- decade career, began his innings on a similar note at infosys as its second non-founder chief executive officer (ceo).  human resource head richard lobo and ...



nifty it index hits new high; infosys at record high of rs 1,400 on the nse




shares of information technology (it) companies are in focus on monday, with the nifty it index hitting new high after the indian rupee slipped to a record low of 69.53 per dollar in the early trade on monday. it has opened at 69.49 per dollar on today versus 68.83 friday. nifty it index, the larges...



infosys hits new high; stock surges 25% so far in 2018




shares of infosys hit a new high of rs 1,298 per share, up 2% on the bse in early morning trade in an otherwise flat market. with rs 2.83-trillion market capitalisation, infosys is 6% or rs 164 billion away to touch rs 3-trillion mark. thus far in the calendar year 2018 (cy18), infosys has outperfor...



infosys board can't drive institution to death: narayana murthy




will u b pravin rao continue to head infosys after march?how infosys did under vishal sikka in three yearsbusiness standardmurthy released a short statement expressing extreme anguish' over allegations of the infosys boardpress trust of india  august 19, 2017 last updated at 01:58 isthttp://mybs.in...



infosys tanks as vishal sikka quits as md & ceo. should you sell the stock?




puneet wadhwa  |  new delhi  august 19, 2017 last updated at 02:20 ist



infosys surges 6% post q1 results; market cap crosses rs 3-trillion mark




shares of infosys hit a new high of rs 1,384 per share, surging 6% on the bse, in an otherwise subdued market after the company reported an in-line performance for the first quarter ended june 2018 (q1fy19) and its board approved the issuance of one free share for every share held (that is a 1:1 bon...



infosys sees higher attrition among employees with 2-4 years experience




infosys has said it witnesses higher attrition rate among employees with two to four years experience. chief operating officer of the it bellwether pravin rao said the company has done multiple things with regard to the employee engagement perspective, including compensation increase for 85 per cent...



venkatesan quits as independent director of infosys for 'new opportunities'




infosys' independent director ravi venkatesan has resigned from the board with immediate effect, the company said on friday. the bengaluru-based it major, in a statement, said that venkatesan plans to pursue an "exciting new opportunity". “i joined the board at a time when infosys was beginning th...



bring back nilekani as infosys chairman, says advisory firm




with infosys' first non-founder ceo vishal sikka calling it quits, an investor advisory firm today favoured nandan nilekani -- one of the most high-profile founders of the it firm -- being brought back on its board as its non-executive chairman.the institutional investor advisory services (iias) sai...



panaya investigation to guidance: key takeaways from infosys results




this was the first quarterly earnings after infosys' co-founder, nandan nilekani, returned as the company's new non-executive chairman after the sudden resignation of then ceo vishal sikkapranati deva  |  new delhi  last updated at october 24, 2017 17:19 isthttp://mybs.in/2uzeidkinfosys reported ...



infosys board members to resign for nandan nilekani's return: report




infosys back on top 10 m-cap list; up 2% for second straight sessionbusiness standardnilekani is said to have asked for a clean board before he takes over at infosys.bs reporter  august 24, 2017 last updated at 12:35 isthttp://mybs.in/2uy88xr



infosys finacle launches blockchain-based trade finance solutions for banks




infosys finacle, part of the country's second-largest information technology (it) firm infosys, on wednesday launched a blockchain-based trade finance solution for banks.the solution — finacle trade connect — will help digitise the trade finance business process, including validation of ownershi...



market live: sensex up 300 points, nifty above 10750; banks gain




bajaj finance shares hit new high; infosys nears record high   shares of bajaj finance hit a new high of rs 2,190 per share, up 1.6% on the bse in early morning trade. the stock of finance company surpassed its previous high of rs 2,177 recorded on may 22, 2018 in intra-day trade.   shares of info...



after philip morris, india threatens itc with 'punitive action' over alleged vio




sikka quits as infosys ceo & md, says can't do job due to constant attacksbusiness standardthe health ministry also sent a letter to itc ltdreuters  august 18, 2017 last updated at 13:36 isthttp://mybs.in/2uy5mly



infosys hits record high on the bse




shares of infosys hit a record high of rs 1,278.55 per share, up 1.6% on the bse in intra-day trade on wednesday, surpassing their previous high of rs 1,278 per share recorded on june 3, 2016. on the national stock exchange (nse), the stock hit a high of rs 1,278.85, up 1.6%, and is slightly away fr...



my actions have never been for personal gain: narayana murthy




infosys co-founder n r narayana murthy says his actions have never been and never will be for an individual or personal gain.his main concern was the poor governance practised by the previous board of infosys.murthy mentioned that the summary of an independent probe into infosys' $200 mn panaya deal...



why google memo row may be a boon for equity in indian workplaces




vishal sikka quits as infosys ceo: hits and misses of his 3-year journeybusiness standardto achieve diversity, one should measure it, monitor it and then show them the dataishani roy | the wire  august 18, 2017 last updated at 11:08 isthttp://mybs.in/2uy5mi8



vishal sikka exits infosys: the story so far




leadership trouble at infosys: no country for global talent!infosys needs nandan nilekani for repair job: proxy firmsbusiness standardinfosys chief executive officer vishal sikka resigned on fridayalnoor peermohamed  august 19, 2017 last updated at 02:20 isthttp://mybs.in/2uy5o15



infosys slaps countersuit of rs 1 billion against ex-cfo rajiv bansal




infosys has filed a countersuit against its former chief financial officer rajiv bansal seeking around rs 1 billion, alleging breach of trust and non-fulfilment of obligation, according to media reports. this, however, could not be independently verified. bansal, who left infosys in october 2015, is...