Infosys Ceo-salil-parekh

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Infosys Ceo-salil-parekh - Total results - 15
Infosys shares jump over 5% after company reports 24% rise in consolidated net profit for December quarter
Business

Infosys shares jump over 5% after company reports 24% rise in consolidated net profit for December quarter

Shares of Infosys on Monday jumped over 5 percent after the company reported a 23.7 percent rise in consolidated net profit for the December quarter

Infosys October-December quarter net profit up 23.7% at Rs 4466 cr; raises FY20 revenue outlook to 10-10.5%
Business

Infosys October-December quarter net profit up 23.7% at Rs 4466 cr; raises FY20 revenue outlook to 10-10.5%

Country's second-largest IT services major Infosys on Friday reported a 23.7 percent rise in consolidated net profit at Rs 4,466 crore for the December quarter

Infosys whistleblower complaints probe: IT major says audit committee finds no evidence of financial impropriety or executive misconduct
Business

Infosys whistleblower complaints probe: IT major says audit committee finds no evidence of financial impropriety or executive misconduct

Infosys on Friday said the board's audit committee has completed the independent probe into the anonymous whistleblower allegations and found "no evidence" of financial impropriety or executive misconduct

Investigations against top executives may weigh on Infosys’ Q3 results
News & Analysis

Investigations against top executives may weigh on Infosys’ Q3 results

Though two probes against Infosys top bosses continue, investors seem to be awaiting the findings more keenly than the numbers.

Infosys says no prima facie evidence to back whistleblower complaints; shares up 6.5% in morning trade
Business

Infosys says no prima facie evidence to back whistleblower complaints; shares up 6.5% in morning trade

Indian IT services major Infosys Ltd said on Monday it received no evidence to support the allegations in a whistleblower letter from last month, sending shares up as much as 6.5 percent in morning trade

Infosys row: US SEC to seek SEBI's cooperation into whistleblower allegations against IT-company
Business

Infosys row: US SEC to seek SEBI's cooperation into whistleblower allegations against IT-company

US market regulator SEC will be seeking cooperation from its Indian counterpart SEBI in its probe into Infosys, which has been rocked by whistleblower complaints of several alleged irregularities, sources said on Friday

Infosys row: SEBI starts probe against IT-company over whistleblower charges, corporate governance lapses
Business

Infosys row: SEBI starts probe against IT-company over whistleblower charges, corporate governance lapses

Markets regulator SEBI has begun its probe into alleged non-disclosure of price-sensitive information by Infosys' management and also corporate governance lapses in the wake of serious allegations levelled by a whistleblower, while it is also examining possible insider trading in the company's securities

Infosys row: BSE seeks explanation from IT-company on non-disclosure of whistleblower complaint
Business

Infosys row: BSE seeks explanation from IT-company on non-disclosure of whistleblower complaint

Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways

Infosys recovers lost ground; rises over 1% day after massive selloff on concerns over whistleblower complaint
Business

Infosys recovers lost ground; rises over 1% day after massive selloff on concerns over whistleblower complaint

Shares of Infosys on Wednesday bounced back, rising over 1 percent, after a massive selloff in the previous session on concerns over a whistleblower complaint against the company's top executives

Infosys shares nosedive nearly 17% on whistleblower complaint; market-cap drops by Rs 53,451 cr
Business

Infosys shares nosedive nearly 17% on whistleblower complaint; market-cap drops by Rs 53,451 cr

Shares of IT services firm Infosys on Tuesday plummeted nearly 17 percent, wiping Rs 53,451 crore from its market valuation, on concerns over a whistleblower complaint which alleged that two top executives of the company were indulging in unethical practices to increase short-term revenue and profits

Infosys Q2 consolidated net profit rises 10.3% to Rs 4,110 cr, revenue up 17.3% at Rs 20,609 cr
Business

Infosys Q2 consolidated net profit rises 10.3% to Rs 4,110 cr, revenue up 17.3% at Rs 20,609 cr

Infosys retained its FY'19 revenue guidance in constant currency at 6-8 percent.

Infosys opens technology and innovation hub in North Carolina, hires 4,700 in the US
Business

Infosys opens technology and innovation hub in North Carolina, hires 4,700 in the US

The North Carolina hub will help Infosys work more closely with clients in the region in areas as Machine Learning, Artificial Intelligence, user experience and advanced digital technologies, including big data and Cloud, the company said in a statement late on Wednesday

Infosys CEO Salil Parekh says business growth will not be constrained by stricter US, Australian visa norms
Business

Infosys CEO Salil Parekh says business growth will not be constrained by stricter US, Australian visa norms

Infosys had last year announced that it will set up four technology and innovation hubs and hire about 10,000 locals in the US over two years.

Ravi Venkatesan steps down from Infosys Board; plans to pursue an ‘exciting new opportunity’
Business

Ravi Venkatesan steps down from Infosys Board; plans to pursue an ‘exciting new opportunity’

An independent director since 2011, Ravi Venkatesan also served briefly as Infosys' co-chairman before successfully transitioning this responsibility when Nandan Nilekani became chairman in August 2017

Infosys Q4 net profit falls 28% sequentially to Rs 3,690 cr; buys digital creative WongDoody Holding for $75 mn
Business

Infosys Q4 net profit falls 28% sequentially to Rs 3,690 cr; buys digital creative WongDoody Holding for $75 mn

For the full fiscal 2017-18, Infosys' profit was up 11.7 percent at Rs 16,029 crore, while revenues grew 3 percent to Rs 70,522 crore over the previous year