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Latest Articles in infosys

Infosys Ups Revenue Forecast As Profit Beats Street Estimates

The company's net profit for the three months to December rose 23.5 per cent to 44.57 billion rupees ($628.2 million).

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Infosys To Pay $800,000 To Settle Case With California Attorney General

Fine will be paid to settle allegations of misclassification of foreign workers and tax fraud, officials said.

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Five Of Top-10 Most Valued Firms Add Rs 56,877 Crore In Market Valuation

Reliance Industries Limited (RIL), ICICI Bank, Kotak Mahindra Bank and Infosys were among the gainers.

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Infosys Clarifies On Whistleblower Complaint Reports

All material information has been disclosed by the company as per Sebi norms and the firm's materiality policy.

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IT Companies May Shed 30,000-40,000 Mid-Level Staff: Pai

Pai said about 80 pc of those who lose jobs would have employment opportunities in industries in general if they are specialists.

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Sensex Scales New Closing Peak; Infosys Rallies 3%

The 30-share Sensex settled 136.93 points, or 0.34 per cent, higher at 40,301.96.

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Infosys Says No Prima Facie Evidence On Whistleblower Complaints

In a letter to the National Stock Exchange dated Nov. 2, the company said the anonymous complaints were still under investigation.

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Infosys Announces Stock Incentives For Nearly 7,000 Mid-Level Employees

The development comes as Infosys grapples with allegations of unethical measures being adopted by senior management officials to boost revenues and profits.

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US SEC Probes Infosys On Whistleblower Complaints, SEBI And BSE Ask For Details

On Wednesday, BSE (earlier known as Bombay Stock Exchange) had asked Infosys to explain why it did not make a disclosure about the whistleblower complaints.

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BSE Asks Infosys To Explain Its Non-Disclosure Of Whistleblower Complaint

BSE said it is observed that Infosys has not made any disclosures under Regulation 30 of SEBI (LODR) Regulations 2015.

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Infosys In Damage Control Mode After Complaints Of Unethical Practices, Stock Down By 14%

An anonymous group calling itself 'ethical employees' alleged in a letter to the board of Infosys and the US Securities and Exchange Commission (SEC) that company's CEO, Salil Parekh and CFO, Nilanjan Roy took disturbing unethical measures to boost profits.

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Allegations On Infosys CEO, CFO Indulging In Unethical Practices, Says Nandan Nilekani

The audit committee, will take such steps as may be appropriate based on the outcome of the investigation.

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Infosys Probing Charges After Some Employees Accuse Of Unethical Practices To Boost Numbers

The anonymous group calling itself 'ethical employees' alleged in a letter to the board of Infosys and the US Securities and Exchange Commission (SEC) that the company is taking unethical steps to boost short-term revenue and profits.

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Infosys Shares Fall Over 4 Per Cent After Q2 Earnings

The company's revenue rose by 9.8 per cent to Rs 22,629 crore in the quarter under review from Rs 20,609 crore.

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