Murthy to give strategic direction to Infosys: Kamath

Last Updated: Saturday, June 15, 2013, 22:15

"Murthy, who has consented to be executive chairman again, will guide the company when the industry is facing challenges of an inflexion point in the technology business and provide strategic direction at this point of time," Kamath said at the company's 32nd annual general meeting here.

Investors hope Murthy's return will revive Infosys fortunes

Last Updated: Saturday, June 15, 2013, 21:01

At the same time, several investors expressed concern over the bluechip company's declining revenues and profits at a time when its peers were outperforming the industry's growth.

Rebuilding a 'desirable' Infosys will take 36 months: Murthy

Last Updated: Saturday, June 15, 2013, 18:41

Murthy sought the shareholders "understanding, support and encouragement in this exciting and rewarding journey of the next three years."

Infosys braces for stormy AGM today

Last Updated: Saturday, June 15, 2013, 08:56

Co-founders and the board of India's second-largest global software major Infosys Ltd are bracing for a stormy 32nd annual general meeting (AGM) - over a "son rise" - in this tech hub Saturday.

SEBI seeks info from Infosys on June 1 board meeting

Last Updated: Thursday, June 13, 2013, 22:32

Market regulator SEBI has sought clarifications from Infosys regarding its June 1 board meeting in which the company re-appointed N R Narayana Murthy as its Executive Chairman.

Infosys, Wipro hike employee salaries by upto 8%

Last Updated: Thursday, June 13, 2013, 17:48

Country's two IT companies Thursday announced wage hikes, with Infosys saying its employees in India will get an average 8 percent increase and Wipro offering 6-8 percent raise for offshore employees.

Sensex down 150 pts at 1-month low; Infosys rises 4.4%

Last Updated: Monday, June 3, 2013, 17:27

Falling for the second straight day, the BSE benchmark Sensex Monday dropped by almost 150 points to end at one-month low level of 19,610.48 as oil and power sector shares tripped on weak manufacturing output signals.

Infosys gains over 4%; m-cap up Rs 6,107 cr on Murthy's return

Last Updated: Monday, June 3, 2013, 09:38

After surging 9 percent in intra-day trade, Infosys scrip finally ended the day at Rs 2,513.95, up 4.42 percent from its previous close on the BSE.

Infosys board raises age bar to facilitate Murthy's re-entry

Last Updated: Saturday, June 1, 2013, 19:58

"The Board has made two changes, to facilitate the appointment of Mr Murthy and Mr Kamath. One, the retirement age of the Executive Chairman has been changed to 75 years," the company said in an emailed response.

Murthy's insights valuable for Infosys, industry: NASSCOM

Last Updated: Saturday, June 1, 2013, 19:39

"We look forward to work more closely with him in his role as Executive Chairman, Infosys to address industry challenges and build new opportunities", it said.

No leadership role for son Rohan: NRN

Last Updated: Saturday, June 1, 2013, 17:59

"Rohan will be my Executive Assistant. He has no leadership role", he said noting that Shibulal is the Managing Director and CEO and the company has competent executive directors on the Board and a "very strong" cadre of senior management.