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Infosys Ltd (INFY.BO)

INFY.BO on Bombay Stock Exchange

28 Apr 2017
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Rs-4.55 (-0.49%)
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Latest Key Developments (Source: Significant Developments)

Infosys revises FY 17 revenue guidance to 8-9 pct in constant currency
Friday, 14 Oct 2016 12:32am EDT 

Infosys : Infosys ltd says FY 17 revenue guidance revised to 8.0% - 9.0% in constant currency . Gross client additions of 78 in Sept-quarter . "Considering our performance in first half of the year and the near-term uncertain business outlook, we are revising our revenue guidance" .Shares fall over 5 percent after company lowers revenue guidance.  Full Article

India's Infosys Sept-qtr consol profit up about 6 pct
Friday, 14 Oct 2016 12:32am EDT 

Infosys Ltd : Sept quarter consol profit 36.06 billion rupees . Sept quarter consol revenue from operations 173.10 billion rupees . Consensus forecast for sept quarter consol net profit was 35.26 billion rupees . Consol profit in Sept quarter last year was 33.98 billion rupees as per Ind-AS; consol revenue from operations was 156.35 billion rupees . Says declares interim dividend of 11 rupees per share .Says appointed D.N. Prahlad as independent director.  Full Article

Infosys enters JV with Saudi Prerogative Company
Friday, 2 Sep 2016 08:15am EDT 

Infosys Ltd : Entered in to a joint venture agreement with Saudi Prerogative Company ( SPC ), in the kingdom of Saudi Arabia to conduct IT services .  Full Article

India's Infosys's exec says cloud based services will have a positive impact
Friday, 15 Jul 2016 05:36am EDT 

Infosys Ltd : Exec says cloud based services will have a positive impact Further company coverage: [INFY.NS] (Reporting By Anya George Tharakan and Tanvi Mehta) ((swati.bhat@thomsonreuters.com;)).  Full Article

Infosys says had unanticipated headwinds in discretionary spending in consulting services, package implementations
Friday, 15 Jul 2016 12:46am EDT 

Infosys Ltd : Had unanticipated headwinds in discretionary spending in consulting services, package implementations as well as slower project ramp-UPS in large deals . Automation continues to be a core lever in the renewal of traditional service offerings . "Our focus on optimizing cost efficiency levers helped US during the quarter and our cash generation was strong" . Continued to see strong momentum in large deal wins in Q1 . Says client additions and top client growth was strong during the quarter . Continued to see growth in delivery services in Q1 due to renewal on the basis of zero distance, design thinking and automation .  Full Article

India's Infosys revises FY 17 revenue guidance to 10.5-12.0 pct in constant currency
Friday, 15 Jul 2016 12:45am EDT 

Infosys Ltd : FY 17 revenue guidance revised to 10.5%-12.0% in constant currency . Says net employee addition of 3,006 in June-quarter . Says gross client additions of 95 in June-quarter . Says June-quarter employee attrition (annualized standalone) at 15.8 percent versus 14.2 percent year ago . Says June-quarter employee attrition (annualized consolidated) at 21 percent versus 19.2 percent year ago .  Full Article

Infosys Ltd announces investment of $3 mln in WHOOP
Sunday, 13 Dec 2015 11:29pm EST 

Infosys Ltd:Says that it has made an investment of $3 mln in WHOOP, an early stage company offering a performance optimization system for elite professional sports teams.Says investment will be completed by Dec. 16, 2015.  Full Article

Infosys Ltd to acquire Noah Consulting for $70 million
Monday, 19 Oct 2015 01:05am EDT 

Infosys Ltd:Considered and approved to acquire 100 percent stake in Noah Consulting LLC, head quartered in Houston, Texas (USA), a provider advanced information management consulting services for the oil and gas industry.Further informed that none of the promoter or promoter group or group companies have any interest in Noah Consulting LLC and this acquisition does not fall under the related party transaction.  Full Article

Infosys Ltd announces dividend payment date
Monday, 12 Oct 2015 12:20am EDT 

Infosys Ltd:Says that payment of dividend will be made on Oct. 21.  Full Article

Infosys Ltd reaffirms FY 2016 revenue guidance in constant currency terms
Sunday, 11 Oct 2015 11:56pm EDT 

Infosys Ltd:Expects FY 2016, revenues, under IFRS, to grow 10 -12 pct. in constant currency.Expects FY 2016 revenues to grow 13.1 - 15.1 pct. in INR terms.Reported revenues of $8.71 bln in FY 2015.  Full Article

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Infosys in process of adding two new members to board - report

April 24 Infosys Ltd, India's second biggest software services exporter, is in the process of expanding its board of directors by inducting two more members, CNBC TV18 reported on Monday.