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Infosys Ltd (INFY.N)

INFY.N on New York Stock Exchange

14.56USD
20 Oct 2017
Change (% chg)

$-0.14 (-0.95%)
Prev Close
$14.70
Open
$14.67
Day's High
$14.74
Day's Low
$14.56
Volume
1,042,952
Avg. Vol
1,346,274
52-wk High
$16.15
52-wk Low
$13.42

Latest Key Developments (Source: Significant Developments)

Infosys Senior VP Sanjay Rajagopalan resigned on Sept. 13
Tuesday, 19 Sep 2017 01:40am EDT 

Sept 19 (Reuters) - Infosys Ltd ::Says Sanjay Rajagopalan's (senior vice president, head - design & research) last date of employment with Infosys was Sept 13, 2017​.  Full Article

India's Infosys inducted into Dow Jones Sustainability indices
Friday, 8 Sep 2017 06:45am EDT 

Sept 8 (Reuters) - Infosys Ltd :Says co inducted into Dow Jones Sustainability indices.  Full Article

Infosys establishes new office in Netherlands
Thursday, 7 Sep 2017 12:10am EDT 

Sept 7 (Reuters) - Infosys Ltd ::Says establishes new office in Netherlands.  Full Article

Infosys founder Murthy believes corrective actions on corporate governance already begun with Nilekani as chair
Tuesday, 29 Aug 2017 09:52am EDT 

Aug 29 (Reuters) - Infosys Ltd Founder Narayana Murthy ::Founder Narayana Murthy says believes corrective actions on corporate governance have already begun with Nilekani as co's chair.  Full Article

Infosys says some promoters, promoter group communicated intention to participate in proposed buyback
Monday, 28 Aug 2017 08:53am EDT 

Aug 28 (Reuters) - Infosys Ltd :Says some members of promoter and promoter group communicated intention to participate in proposed buyback.  Full Article

India's Infosys appoints former CEO Nilekani as chairman
Thursday, 24 Aug 2017 10:58am EDT 

Aug 24 (Reuters) - :India's Infosys Ltd says appoints Nandan Nilekani as non-exec non-independent chairman of board.India's Infosys Ltd says former CEO Vishal Sikka resigns as exec-vice chairman and director of board with immediate effect.India's Infosys Ltd says John Etchemendy and Jeffrey Lehman resign as directors from board with immediate effect.India's Infosys Ltd says Ravi Venkatesan resigns as co-chairman of board with immediate effect, continues as independent director.India's Infosys Ltd says Nilekani's appointment will allow co to focus on strategic changes needed to make in order to capitalize on attractive opportunities in years ahead.India's Infosys Ltd says under Nilekani, co to build cohesive management team that will no doubt take co to a leadership position in the industry.India's Infosys chairman says board to consider broad-based shareholder consultation as critical part of engagement with stakeholders.  Full Article

Infosys exec says Murthy to have no role in selection of new leader
Friday, 18 Aug 2017 09:37am EDT 

Aug 18 (Reuters) - Infosys Ltd :Exec says on conference call "it will be a non-trivial task to find a successor".Exec says "we are looking for a people person" for CEO role.Exec says "anyone comng in should have great understanding of culture ...and only he can transform culture".Board exec says "despite all the controversies, Murthy has not commented on the execution strategy of company and I don’t see that changing".Board exec says "Sikka’s new role will give him more time to focus on aspect of retaining clients and people".Board exec says "don't see Murthy or anyone else playing a role in selection of new leader ".Board exec says 2020 target was aspirational, may not be able to achieve it.Exec says intend to have a lot more dialogue with all our shareholders over coming weeks.Exec says board tried to ignore the noise and focus on clients ,employees and strategy, but Sikka was unable to ignore the distraction.  Full Article

India's Infosys' chairman says co has no interest in engaging in legal battle against Murthy
Friday, 18 Aug 2017 05:45am EDT 

By Jessica Kuruthukulangara and Samantha Kareen Nair:India's Infosys' chairman says there will be no change to our buyback plan.India's Infosys' chairman says none of the things set in motion are going to be stopped.India's Infosys' chairman says co has no interest in engaging in legal battle against founder Murthy.  Full Article

India's Infosys' Sikka says absolutely focussed on Q2, rest of the year
Friday, 18 Aug 2017 02:27am EDT 

Aug 18 (Reuters) - India's Infosys' :Exec says extremely distressed and saddened.Exec says board is incredibly committed to strategic direction articulated by Vishal Sikka.Exec vice chairman Sikka says all of recent allegations were absolutely sickening.Exec vice chairman Sikka says on allegations: at some point you just say "this is too much".Exec vice chairman Sikka says absolutely focussed on Q2 and rest of the year.Exec vice chairman Sikka says will start working with clients, investors over next few weeks.Exec vice chairman Sikka says have absolutely smooth, issue-free transition here.  Full Article

Infosys Founder Murthy says "extremely anguished by allegations, tone and tenor of the statements"
Friday, 18 Aug 2017 02:22am EDT 

Aug 18 (Reuters) - Infosys Ltd :Founder Narayana Murthy says "extremely anguished by the allegations, tone and tenor of the statements".Founder Narayana Murthy says "voluntarily left board in 2014 and I am not seeking any money, position for children or power".Founder Narayana Murthy says "my concern primarily was the deteriorating standard of corporate governance".Founder Narayana Murthy says will reply to allegations in the right manner and forum and at appropriate time.Founder Murthy - several shareholders, who have read whistle-blower report, said hard to believe report produced by lawyers hired by accused.Founder Murthy - several shareholders, who have read whistle-blower report, said hard to believe lawyers hired by accused giving a clean chit.  Full Article

Indian shares edge higher; Infosys, Lupin lead

Oct 10 Indian shares climbed on Tuesday, with Infosys Ltd gaining after its shareholders approved a buyback plan while Lupin Ltd rose after winning U.S. approval for its hypertension drug.