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Phaneesh Murthy fiasco: What next for iGate?

11.11 am | 21 May 2013 |  Source: Moneycontrol.com

iGate Corp has sacked its President and CEO Phaneesh Murthy over sexual harassment claims. The company has named Gerhard Watzinger as the interim CEO ...

Infosys to challenge new tax demand of Rs 577cr

10.25 am | 20 May 2013 |  Source: Reuters

Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a Rs 5.77 billion income tax demand raised by Indian authorit...

I-T department sends new Rs 577cr tax notice to Infosys

8.21 am | 20 May 2013 |  Source: Moneycontrol.com

Bangalore-based software services exporter Infosys is under the I-T watch once again and the department has slapped a new Rs 577 crore tax notice for ...

Infosys boss Shibulal takes 26.5% salary cut in FY13

1.21 pm | 15 May 2013 |  Source: CNBC-TV18

The cut was because of the board aligning compensation of employee directors in line with that applicable to other employees as well, the CNBC-TV18 re...

Infosys seeks SEC aid on penalty for employee-info glitches

11.24 pm | 14 May 2013 |  Source: CNBC-TV18

Infosys has made a filing of Form 20-F, an SEC filing submitted to the US Securities and Exchange Commission to provide information, as it feels new U...

Infosys gains on short covering in May futures

12.00 pm | 06 May 2013 |  Source: Reuters

Shares in Infosys gain 1.2 percent on short covering in its May futures on Monday due to value buying in the cash market after April's underperformanc...

India's IT exports resilient despite difficult times

9.52 pm | 28 Apr 2013 |  Source: PTI

India's IT exporters have demonstrated resilience by surviving the difficult market conditions of recent times, a senior industry official has said....

Infy openness backfires as missed guidance frustrates mkt

8.39 am | 25 Apr 2013 |  Source: Reuters

The openness that made IT services outsourcer Infosys Ltd an investor darling has come back to haunt it....

Hiring activity slowing among IT firms

7.04 pm | 23 Apr 2013 |  Source: Moneycontrol.com

FY2014 may be looking a brighter growth year than FY2013 for IT firms, but hiring activity especially among freshers/trainees, doesn't seem to be in ...

TCS, Infosys, Wipro & HCL Tech build $8 billion cash chest

3.09 pm | 21 Apr 2013 |  Source: PTI

The country's four top IT firms -- TCS, Infosys, WiproBSE -1.68 percent and HCL TechnologiesBSE -2.03 percent -- have seen their combined cash chest...

Top 7 companies add Rs 80,056cr in m-cap; ONGC, ITC shine

1.02 pm | 21 Apr 2013 |  Source: PTI

The combined market value of seven of the top-10 companies rose by Rs 80,056 crore last week, with major contribution coming in from ONGC and ITC. ...

Changes in H1B visas to affect Indian IT firms

10.17 am | 17 Apr 2013 |  Source: PTI

The proposed changes in the issuing of H-1B visas, the highly sought after US work permits, will badly affect the Indian IT firms which depend heavily...

Infosys a 'buy', says Motilal Oswal, sets Rs 2700 target

9.25 am | 15 Apr 2013 |  Source: Moneycontrol.com

Brokerage house Motilal Oswal has retained its ‘buy’ rating on Infosys with a price target of Rs 2700. ...

Infosys hits three-month low; sheds 20%

1.48 pm | 12 Apr 2013 |  Source: Moneycontrol.com

Infosys Ltd shares fell as much as 20.2 percent on Friday to its lowest intraday level since January 10 after India's second-biggest IT services expor...

Infosys shares slump on weak revenue outlook

9.31 am | 12 Apr 2013 |  Source: Reuters

Shares in Infosys Ltd plummeted 15 percent in early trading after the company disappointed markets with a lower-than-expected revenue outlook despite ...

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