The 30-share BSE Sensex rose 225 points or 0.38 per cent to 57,390 in early trade, while the broader NSE Nifty moved 85 points or 0.50 per cent up to trade at 17,259.
In a significant development, Infosys founder Narayana Murthy returns from his retirement as chairman emeritus to serve the company once again in the status of its executive chairman to handle the challenges that the company is facing and…
The former head of global operations of Infosys and the former CEO of iGate Phaneesh Murthy (49) was sacked by his last employer company with a charge of sexual harassment yesterday.
Murthy, a California-based IIT-IIM alumnus rose to…
TNI Bureau: India's Software major Infosys' third quarter Q3 results for the period October to December came as a surprise for the business analysts as the profit was much better than the estimates of Rs. 2,244 crore. The profit of the firm…
TNI Bureau: India's software firm Infosys denied a newspaper report that had said that the company is planning to fire up to 5000 employees for their poor performance. It was also reported that the sacking of employees will be as part of…
TNI Bureau: Despite the decline of sales and share, India’s leading IT Firm’s Lodestone acquisition deal is a giant step forward – said the analysts. This year Infosys has missed its sales targets, lost market share to local rivals and even…
TNI Bureau: Top Infosys executive Shaji Farooq has joined the tech giant Wipro after quitting India’s leading IT firm.
Farooq had been associated with Infosys for the last ten years. He was the head of financial services (consulting) in…