British PM Rishi Sunak’s wife earned Rs 68 crore in dividends from Infosys
Sunak is a British national, while his wife Akshata is an Indian citizen. Her non-domiciled status, which allows her to earn money abroad without paying taxes in Britain for a period of up to 15 years, has been a divisive issue in the UK
TCS announces massive salary hike after increasing 8% net profit in previous quarter, details here
TCS’ average attrition rate is currently 19.7 percent, down from 21.5 percent recorded in the previous year. TCS recruited 20,000 new employees in the July-September quarter
Next Infosys chairman to be 'non-founder': Nandan Nilekani
Nandan Nilekani did not reveal any timeline for the transition process. He also clarified that he had not yet found a suitable successor
Akshata Murty: The Indian First Lady who loves the United Kingdom too
The 42-year-old fashion designer and venture capitalist as Director of Catamaran Ventures UK met Sunak, also 42, when the duo was studying at Stanford University in the US
Richie Rich Sunak: Britain's prime minister's mega-wealthy wife and in-laws
Rishi Sunak’s wife Akshata Murty’s stake in Infosys is worth around $700 million, making her reportedly richer than the late Queen Elizabeth II. In August, reports said that they were spending £400,000 on a swimming pool at their country pad
Infosys confirms 10-13% increase in employees’ salary; details here
The increments will be based on an employee’s grade, with senior management getting lower income hikes because their salaries are higher
What is buyback of shares? All you need to know
A company may feel that its shares are undervalued, and it does a buyback to provide investors with a return
Explained: The ‘culture of bias’ at Infosys which stopped women and Indians from being hired
Jill Prejean, former vice president of talent acquisition with Infosys, in her complaint filed in a US court alleges that senior executives directed her to avoid hiring candidates of Indian origin, women with children at home and candidates over 50 years of age
India came to a halt during UPA rule, decisions not taken on time, says Narayana Murthy
During his interaction with young entrepreneurs and students at the Indian Institute of Management - Ahmedabad (IIMA) on Friday, Murthy expressed confidence that young minds can make India a worthy competitor of China, the world's second largest economy
Infosys bans moonlighting, Wipro head calls it ‘cheating’: What’s this practice on the rise in the tech industry?
Infosys has sent out an email to its employees warning them against moonlighting, saying it could lead to termination. The practice of taking up a second job during or outside of regular office hours is on the rise in the tech industry, especially with work from home
Market capitalization: 8 of 10 most valued firms together added Rs 98,000 crore; Infosys, TCS take lead
From the top-10 pack of Sensex, HDFC twins were the only laggards. The market valuation of Infosys jumped Rs 28,170.02 crore. TCS added Rs 23,582.58 crore
Centre’s new e-filing portal hit by technical snags; IT dept blames 'irregular traffic'
The new tax e-filing portal was launched on 7 June, 2021, and Infosys was paid Rs 164.5 crore to develop it. The website had also faced snags on the first anniversary of its launch when many users complained that they were unable to log in into the portal
Infosys reappoints Salil Parekh as CEO & MD for next five years
Salil Parekh has been the chief executive officer and managing director of Infosys since January 2018. His reappointment is subject to the approval of shareholders.
Will pay all taxes in UK on overseas income, says Akshata Murty
The 42-year-old entrepreneur has been at the centre of days of headlines after it emerged that her non-domiciled status meant she was not legally bound to pay taxes on her overseas income in the UK
UK finance minister Rishi Sunak questioned over Infosys presence in Moscow
An Infosys statement said the multinational software services major supports and advocates for peace between Russia and Ukraine.
Infosys Q3 net profit up 11.8% at Rs 5,809-cr, ups FY22 revenue growth outlook to 19.5-20%
Infosys' revenue grew 22.9 percent to Rs 31,867 crore in the quarter ended December 2021 from Rs 25,927 crore in the year-ago period, it added
Narendra Modi to inaugurate 806-bedded Infosys made ‘Vishram Sadan’ today
The facility, located at the National Cancer Institute in the Jhajjar campus of AIIMS-Delhi, is aimed at providing air-conditioned accommodation to the attendants of cancer patients
More than two crore ITRs filed on new income tax portal; CBDT urges taxpayers to file returns at earliest
Asking taxpayers to file their income tax returns (ITRs) for fiscal 2020-21 (April 2020-March 2021) at the earliest, the Central Board of Direct Taxes (CBDT) said all ITRs have been made available for e-filing.
Sensex rallies over 500 points to reclaim 60,200 level after RBI policy outcome; Nifty up 149 points
Tata Steel was the top gainer in the Sensex pack, rising over 2 percent, followed by Infosys, TCS, Reliance Industries, HCL Tech and Bajaj Auto
Infosys to announce Q2 results, consider declaration of interim dividend on 13 October
The company will hold investor/analyst calls on 13 October to discuss the financial results for the quarter ending 30 September