Infosys News

Infosys - Latest news, stories and discussions from the press

Infosys - Latest news

News digest: Hiring back on track, merger of banks, Infosys case, and more

Read more about News digest: Hiring back on track, merger of banks, Infosys case, and more on Business Standard. The buoyancy in salary and wages is, however, muted compared to other cost heads and...

19 minutes
Infosys loses arbitration case against Rajiv Bansal over severance package

Infosys, the country’s second-largest information technology services firm, has lost an arbitration battle against its former chief financial officer Rajiv Bansal over his severance package. The ar...

19 minutes
Rs 17 crore employee: This man cost Infosys a bomb

The suspension came as promoters led by Murthy questioned the payout. Murthy had gone so far as to the say the severance had the appearance of "hush money".

8 hours
Infosys Ordered to Pay Former CFO Rajiv Bansal Rs. 12 Crores

Rajiv Bansal resigned from the high-profile CFO post in October 2015 amid a raging controversy over governance issues between the company's co-founders and previous board of directors.

9 hours
Infosys loses arbitration over severance package to ex-CFO; asked to pay Rs 12.17 crore

Infosys has lost an arbitration over severance package to its former CFO Rajiv Bansal and has been asked to pay outstanding amount of Rs 12.17 crore, with interest, the firm said Tuesday. "The arbi...

13 hours
Morgan Stanley ups September 2019 BSE Sensex target by 17% to 42,000

Morgan Stanley has upped its September 2019 target for the S&P BSE Sensex by around 17 per cent to 42,000 (up 12 per cent from Tuesday’s levels) from its earlier forecast of 36,000 by June 2019. It...

13 hours

Infosys Limited (formerly Infosys Technologies Limited) is an Indian multinational provider of business consulting, technology, engineering, and outsourcing services. It is headquartered in Bangalore, Karnataka. Infosys is the third-largest India-based IT services company by 2012 revenues. In 2013, Infosys collected 2.1% of its revenues from the domestic Indian market.