Infosys turnaround is still a distant prospect

Last Updated: Saturday, July 13, 2013, 11:20

The dollar revenue grew by 2.73 percent sequentially which was above street estimates of nearly 1 percent growth.

Legislators from Rayalaseema protest AP division p

Last Updated: Sunday, July 7, 2013, 19:10

Five Andhra Pradesh legislators on Sunday said they had `submitted` their resignations in protest against the proposal to divide the state for the creation of separate state of Telangana.

Narayana Murthy seeks airport near electronic city

Last Updated: Saturday, June 29, 2013, 13:58

Infosys Executive Chairman N R Narayana Murthy has pitched for a small airport near Electronics City, the biggest hub of Bangalore's IT industry that houses the main Infosys campus, as he called for improving the infrastructure facilities in Karnataka,

Narayana Murthy seeks airport near electronic city

Last Updated: Saturday, June 29, 2013, 12:45

Infosys Executive Chairman N R Narayana Murthy has pitched for a small airport near Electronics City, the biggest hub of Bangalore`s IT industry that houses the main Infosys campus.

Kerala politician K Narayana Kurup dead

Last Updated: Wednesday, June 26, 2013, 16:15

K Narayana Kurup, founding member of the Kerala Congress passed away on Wednesday following high fever, family sources said.

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.