Infosys said the approval of Dubai Creative Clusters Authority will be required for the consummation of the transaction and that it is expected to close during the third quarter of fiscal 2018.The cost of acquisition would be USD 1, as per the filing.
Ms. Sangeeta Kulkarni, Co-founder & CEO has been awarded the STPI IT Export award, “Woman Entrepreneur of the Year – IT” for ...
The consulting business accounts for a little more than half of Accenture's total revenue, with its outsourcing unit contributing the rest.
The Board of Approval (BoA) chaired by Commerce Secretary Rajeev Kher would take a decision on these applications in its meeting on May 19.
Instability in Europe has forced companies there to cut costs by outsourcing. Cognizant, which operates on lower margins than its rivals, has been able to win a larger share of the business.
IT outsourcing company iGate Corp sacked Chief Executive Phaneesh Murthy after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate.
Infosys Ltd, India's No 2 IT services exporter, said on Friday it expects its dollar revenue in the current fiscal year that started April 1 to rise between 6 percent and 10 percent.
Infosys Ltd , India's second-biggest software services provider, expects operating margins for the financial year ending in March to be about 26 percent, Chief Financial Officer Rajiv Bansal said.
Overseas direct investment by Indian companies rose by 13.6 per cent over the previous month to USD 2.31 billion in November, data from the Reserve Bank showed.
Infosys Ltd , the company that symbolised India's rise as an outsourcing powerhouse but has struggled this year, will have to wait longer than expected for returns from a remodelled strategy.
Infosys Ltd , India's second-largest software services exporter, matched expectations with a 33 percent rise in its fiscal first-quarter profit, bolstered by a surge in demand for outsourcing services and a fall in the rupee.
The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the top of India's showpiece outsourcer.
Infosys Ltd rose as much as 1.3% as investors took fresh long positions in the stock which has been battered since its guidance disappointed and led to a slew of downgrades.
iGate Corp's plan to delist its Indian subsidiary has set the stage for a battle next week with shareholders, who fear that the price being offered to sell their shares in Patni Computer Systems is too low.
The heads of Infosys Ltd's business units serving the finance and manufacturing sectors are swapping jobs, in an indication that both are contenders to take over the chief executive's post when it opens up in 2015.
Infosys Technologies Ltd, India's No. 2 software services exporter, on Saturday inducted four new members to its board.