Key Developments: Infosys Ltd (INFY.BO)

INFY.BO on Bombay Stock Exchange

28 Aug 2014
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Latest Key Developments (Source: Significant Developments)

Infosys Ltd Board recommends final dividend
Monday, 14 Apr 2014 11:39pm EDT 

Infosys Ltd:Board recommends final dividend of 43 Indian rupees per equity share for the financial ended March 31.Says payment is subject to approval of the shareholders in annual general meeting of the company to be held on June 14.  Full Article

Infosys Ltd announces commences search for Mr. S.D. Shibulal's successor
Friday, 11 Apr 2014 02:29am EDT 

Infosys Ltd:Says Shibulal has expressed his desire to retire as the CEO and Managing Director (MD).Expects to retire either on the date of the last board meeting before his superannuation - Jan. 09, 2015 or when his successor is ready to assume office, whichever date is earlier.  Full Article

Infosys Ltd to set up testing center of excellence and consolidate IT services for Prime Therapeutics LLC
Thursday, 27 Mar 2014 09:08am EDT 

Infosys Ltd:Infosys Public Services, Inc., a U.S. based subsidiary of Infosys has been selected by Prime Therapeutics LLC.To set up a testing center of excellence and consolidate the delivery of application testing services as part of a new three-year contract.  Full Article

Infosys Ltd signs deal with Lansforsakringar AB (LFAB)
Tuesday, 18 Mar 2014 08:12am EDT 

Infosys Ltd:Signs five-year agreement with Lansforsakringar AB (LFAB).For providing application development and management support for its life and non-life insurance business.  Full Article

Infosys Ltd Signs Multi-Year Application Development Services Agreement Volvo
Tuesday, 18 Mar 2014 12:30am EDT 

Infosys Ltd:Says Volvo cars signs multi-year application development services agreement with Infosys.  Full Article

Infosys Ltd signs agreement with Volvo Car Corporation
Monday, 17 Mar 2014 03:00am EDT 

Infosys Ltd:Says it has been selected by Volvo Cars as a strategic supplier to provide application development services for its global operations.Infosys will bring global service delivery experience and ability to drive innovation and transformation - efficiently and effectively.Says it will Develop applications to support multiple domains, including marketing and sales, customer service, manufacturing, product development, and corporate functions.And it will deploy best practices specifically related to business process harmonization and delivery excellence, across transformation projects.  Full Article

District of Columbia extends agreement with Infosys Ltd's infosys public services to implement next phase of its health insurance marketplace and medicaid modernization program
Friday, 14 Mar 2014 10:59am EDT 

Infosys Ltd:U.S. District of Columbia has extended its contract with Infosys Public Services, a U.S. based subsidiary of Infosys Inc.Earlier, the District signs a $49.5 mln agreement with Infosys Public Services in January 2013 to develop its Health Insurance Marketplace, the DC Health Link.Under the new agreement, Infosys Public Services will modernize the legacy eligibility system and additional federal and local health and social programs for the U.S. District of Columbia.Infosys Public Services will leverage the foundational capabilities developed in 2013 to enable the District's agencies to collaborate with their constituents to achieve sustainable health and social benefit outcomes.  Full Article

Infosys Ltd to establish new delivery center in Brazil
Thursday, 6 Feb 2014 08:21am EST 

Infosys Ltd:Says it will establish a new delivery center in Araraquara, Brazil.Says the new 100-seat center will initially house 25 employees and provide services in SAP Application Management services to Citrosuco orange juice producer.  Full Article

Infosys Ltd raises FY 2014 revenue guidance
Thursday, 9 Jan 2014 10:20pm EST 

Infosys Ltd:Sees fiscal 2014 revenues to grow 24.4 pct-24.9 pct, under IFRS.Reported revenue of $7.398 bln for fiscal 2013.Fiscal 2014 revenue of $8.202 bln - Thomson Reuters I/B/E/S.  Full Article

Infosys Ltd appoints presidents
Friday, 3 Jan 2014 05:40am EST 

Infosys Ltd:Says it has appointed B G Srinivas and U B Pravin Rao as Presidents of the company.Says Srinivas and Pravin are reporting to S D Shibulal who is company CEO and Managing Director.Says appointment effective immediately.  Full Article

Former Infosys officers call for $1.8 billion buyback

Aug 6 - Concerns over the pace of change at India's second-biggest software services company have spurred three former officers of Infosys Ltd to seek 112 billion Indian rupees (1.83 billion US dollars) in the form of a buyback for all shareholders.

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