Tag Archives: infosys

Infosys CFO Rajiv Bansal Resigns

Bangalore-based tech giant on Monday informed the exchanges that its CFO Rajiv Bansal has resigned and that Ranganath D. Mavinakere has been appointed its new Chief Financial Officer, with effect from Oct. 12. (Monday). Bansal’s services will end on Dec. 31, 2015, it added.Rajiv Bansal was its CFO since November 1, 2012 following the movement of the then CFO V ...

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US Considering to Allow STEM Students Stay on for 6 Years More

As part of its relaxation of immigration rules, the Obama administration has moved to let international students to stay on for six years in the United States looking for jobs or vocations. The proposal, if approved, will benefit lakhs of Indian students from India who frequent the US for higher education but the local American citizens may resent it in ...

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Infosys to buy Kallidus Inc for $120 million

Cash-rich information technology bellwether Infosys Ltd said on Friday that it has entered into definitive agreement to acquire Kallidus Inc. (d.b.a Skava) and its affiliate for $120 million. Announcing the fourth quarter and annual results for 2014-15, the company said it has signed an agreement to acquire Kallidus Inc. (d.b.a Skava) and its affiliate, a leading provider of digital experience ...

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Infosys expects 10% growth this fiscal

Software major Infosys Ltd on Friday reported net profit of Rs.3,097 crore for the fourth quarter of fiscal 2014-15 with a 3.5 percent growth over the corresponding period the previous year. The company posted a revenue of Rs.13,411 crore for the period under review, up by 4.2 percent over the previous year. The company has given a guidance of 10-12 ...

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Infosys expects 10-12 percent growth this fiscal

Software major Infosys Ltd on Friday reported net profit of Rs.3,097 crore for the fourth quarter of fiscal 2014-15 with a 3.5 percent growth over the corresponding period the previous year. The company posted a revenue of Rs.13,411 crore for the period under review, up by 4.2 percent over the previous year. The company has given a guidance of 10-12 ...

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2014 Indian Tech Review: IT industry Succeeds in innovation with double-digit growth

Indian IT industry has recovered from a slowdown and managed to sustain a double-digit growth in the $120-billion segment that had a remarkable 2014, consolidating operations and using disruptive technologies, which ensures innovation to shed the old and adapt new. Though the first half of the year was challenging for various reasons beyond the industry’s control, the sentiment turned around ...

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Infosys China fosters JV with local Dalian Govt

Infosys Technologies (China) Co. Ltd has signed a Memorandum of Understanding (MoU) with the Dalian High-tech Zone (DHTZ) government, to establish a branch in DHTZ to focus on software development and outsourcing business in the region. Infosys Technologies (China) Co. and DHTZ will jointly work towards fostering development and innovation in the Dalian High-tech industry, and establishing Dalian High-tech Park ...

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