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Infosys Latest News

12

Jul, 2011

Infosys reports 15.58% rise in its Q1 net profit

Infosys has reported unaudited results for the first quarter ended June 30, 2011.

The company’s profit for the quarter ended June 30, 2011 has increased by 15.58% at Rs 1654.00 crore as compared to Rs 1431.00 crore for the corr...

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17

Jun, 2011

Infosys to build facility in Mahindra World City at Jaipur

Infosys, India's second-biggest software services exporter, has received approval from the Rajasthan Government for the construction of its facility in Mahindra World City - the 3000-acre multiproduct SEZ in Jaipur. The IT...

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08

Jun, 2011

Infosys acquires software solutions business of New Zealand's Gen-i

Infosys, India's second-biggest software services exporter, has acquired the software solutions business of Gen-i as part of a partnership with the technology arm of Telecom Corp. of New Zealand to offer outsourcing services to their Au...

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07

Jun, 2011

Infosys Technologies to provide core banking solution to HBTF

IT major Infosys Technologies has partnered with Jordan-based The Housing Bank for Trade and Finance (HBTF) to provide core banking solution to power the bank's customer care agenda. Finacle will empower the bank’s 112 home countr...

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25

May, 2011

Infosys Technologies receives Subpoena from a US court over visa issue

IT major Infosys Technologies has received a Subpoena from a Grand Jury in the United States District Court for the Eastern District of Texas (the Grand Jury). The Subpoena requires that Infosys provide to the Grand Jury certain documents an...

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21

May, 2011

Infosys likely to invest $125-150 million for campus in China

IT major Infosys Technologies, India's second-biggest software services exporter is planning to invest around $125 million to $150 million (approximately Rs 560 to Rs 675 crore) in a new campus in China. The project will b...

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08

Apr, 2011

Infosys: Repeating history?

Even though the company gave a rather muted guidance of 1-2 per cent sequential growth for the fourth quarter, the Street is expecting the company to beat its own forecast as it has done always. The optimism is due to an improvement in the b...

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28

Feb, 2011

Infy Faces Tax, Visa Fraud Charges in US

Infosys Technologies is facing tax and visa fraud charges in the top market for software exports after an employee filed a case against the company last week. Jack Palmer, who has been working with the company as a principal consultant since...

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10

Dec, 2010

Infosys eyeing European acquisitions

Infosys wants to grow its European presence organically, but is open to considering acquisitions. The acquisition will deal with the front end, with areas like consulting or package implementation. Infrastructure is also an important area.In...

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06

Dec, 2010

Infosys scouts for buys in legal process outsourcing business

Infosys Technologies is looking for acquisition in legal process outsourcing (LPO) business and will consider domestic firms with strong client base or US firms with technologies and platforms in the LPO space. The plans for buyout in domest...

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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