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Infosys Ltd (INFY.BO)

INFY.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

India's Infosys' Exec Says Committed To Acquisitions That Fit Co's Strategy
Friday, 13 Apr 2018 07:56am EDT 

April 13 (Reuters) - Infosys Ltd ::INDIA'S INFOSYS' EXEC SAYS SIZE OF OVERALL DIGITAL DEALS IS IMPROVING.INDIA'S INFOSYS' EXEC SAYS CO EXPLORING POTENTIAL BUYERS FOR SUBSIDIARIES INCLUDING SKAVA AND PANAYA.INDIA'S INFOSYS' EXEC SAYS COMMITTED TO ACQUISITIONS THAT FIT CO'S STRATEGY.INDIA'S INFOSYS' EXEC SAYS CONTINUE TO INVEST IN RE-SKILLING WORKFORCE.INDIA'S INFOSYS' EXEC SAYS SPENDS FROM NORTH AMERICAN CLIENTS EXPECTED TO COME BACK LATER THIS YEAR.  Full Article

Calix And Infosys Enter Strategic Co-Creation Partnership
Tuesday, 10 Apr 2018 06:00am EDT 

April 10 (Reuters) - Calix Inc -:CALIX AND INFOSYS ENTER STRATEGIC CO-CREATION PARTNERSHIP TO ACCELERATE TIME-TO-MARKET FOR NEW CAPABILITIES ON AXOS PLATFORM.CO AND INFOSYS WILL JOINTLY INVEST TO CO-CREATE NEW SERVICES AND VALUE-ADDED OFFERINGS ON AXOS PLATFORM.MULTI YEAR PARTNERSHIP WITH INFOSYS TO ACCELERATE COMMUNICATIONS SERVICE PROVIDER (CSP) ADOPTION OF AXOS PLATFORM.  Full Article

Infosys To Open Technology And Innovation Hub In Connecticut
Wednesday, 14 Mar 2018 02:47pm EDT 

March 14 (Reuters) - Infosys::INFOSYS TO OPEN TECHNOLOGY AND INNOVATION HUB IN CONNECTICUT AND CREATE 1,000 JOBS BY 2022​.  Full Article

Infosys To Voluntarily Delist From Euronext Paris, Euronext London Exchanges
Monday, 12 Mar 2018 06:29am EDT 

March 12 (Reuters) - Infosys Ltd ::SAYS CO ANNOUNCES ITS INTENT TO VOLUNTARILY DELIST FROM EURONEXT PARIS AND EURONEXT LONDON EXCHANGES.SAYS ​ PRIMARY REASON FOR DELISTING IS LOW AVERAGE DAILY TRADING VOLUME OF INFOSYS ADS ON THESE EXCHANGES.SAYS CO'S AMERICAN DEPOSITARY SHARES WILL CONTINUE TO BE LISTED ON NYSE.SUBJECT TO APPROVAL OF PROPOSED DELISTING, A SALES FACILITY WILL BE PROVIDED TO THE HOLDERS OF ADS TRADING ON THE EXCHANGES.THERE WILL BE NO CHANGE TO INFOSYS SHARE/ADS COUNT, CAPITAL STRUCTURE, FLOAT, AS A RESULT OF PROPOSED DELISTING.  Full Article

Infosys Unit Infosys Finacle Partners With Moneythor
Wednesday, 28 Feb 2018 04:28am EST 

Feb 28 (Reuters) - Infosys Ltd ::SAYS UNIT INFOSYS FINACLE PARTNERS WITH MONEYTHOR.  Full Article

Infosys Signs Agreement To Divest Investment From Onmobile Systems Inc
Friday, 16 Feb 2018 06:33am EST 

Feb 16 (Reuters) - Infosys Ltd ::SAYS SIGNED AGREEMENT FOR DIVESTMENT OF ENTIRE INVESTMENT FROM ONMOBILE SYSTEMS INC. USA.SAYS DIVESTMENT FOR ‍TOTAL CONSIDERATION OF $2.5 MILLION.  Full Article

Infosys COO Pravin Rao Says Co Remains Confident On Banking, Insurance Segments
Friday, 12 Jan 2018 07:30am EST 

Jan 12 (Reuters) - Infosys Ltd ::INFOSYS CEO PAREKH SAYS HOPE AND EXPECT TO BE CONNECTED WITH CO'S FOUNDERS.INFOSYS COO PRAVIN RAO SAYS REMAIN CONFIDENT ON BANKING AND INSURANCE SEGMENTS.  Full Article

India's Infosys CEO Says Co Will Lay Out Strategic Priorities In April - TV
Friday, 12 Jan 2018 06:12am EST 

Jan 12 (Reuters) - Infosys Ltd CEO Salil Parekh::CEO SAYS CO WILL LAY OUT STRATEGIC PRIORITIES IN APRIL - TV.CEO SAYS FIRST PRIORITY TO CONNECT WITH CO'S PEOPLE, CLIENTS - TV.  Full Article

Infosys Dec-Qtr Consol Profit Up About 38 Pct
Friday, 12 Jan 2018 05:27am EST 

Jan 12 (Reuters) - Infosys Ltd ::DEC QUARTER NET PROFIT 51.29 BILLION RUPEES .DEC QUARTER CONSOL REVENUE FROM OPERATIONS 177.94 BILLION RUPEES VERSUS 172.73 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER CONSOL PROFIT WAS 37.10 BILLION RUPEES.DEC QUARTER CONSOL PAT OF 37.08 BILLION RUPEES LAST YEAR.Q3 STANDALONE ATTRITION DECLINED TO 15.8 PERCENT FROM 17.2 PERCENT IN Q2 18.RAJESH K MURTHY RESIGNS AS PRESIDENT.GROSS CLIENT ADDITIONS OF 79 IN DEC QUARTER.DEC QUARTER ANNUALIZED CONSOLIDATED EMPLOYEE ATTRITION AT 18.7 PERCENT.DURING QUARTER, ON ACCOUNT OF CONCLUSION OF APA WITH US IRS, NET PROFIT INCREASED WHICH LED TO INCREASE IN QTRLY BASIC EPS BY $0.10.The profit alert was first sourced from TV and later confirmed from a press release on the BSE.  Full Article

Infosys Retains FY 18 Rev Guidance In Constant Currency At 5.5-6.5 Pct
Friday, 12 Jan 2018 05:23am EST 

Jan 12 (Reuters) - Infosys Ltd ::FY 18 REVENUE GUIDANCE IN CONSTANT CURRENCY RETAINED AT 5.5 PERCENT-6.5 PERCENT.FY 18 OPERATING MARGIN RANGE UNCHANGED AT 23 PERCENT-25 PERCENT.NET EMPLOYEE ADDITION 3,251 IN DEC QUARTER.COMMITTEE OF DIRECTORS STANDS DISSOLVED W.E.F JAN 12.  Full Article

BRIEF-Infosys Says Co Hasn't Received Whistleblower Complaint And Is Unable To Comment On Same

* INFOSYS LTD CLARIFIES ON NEWS ITEM REGARDING A WHISTLEBLOWER COMPLAINT MADE TO SEBI AND UNITED STATES SECURITIES AND EXCHANGE COMMISSION