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Infosys Ltd (INFY.BO)

INFY.BO on Bombay Stock Exchange

785.15INR
22 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Infosys Approves Follow-On Investment Of $6 Mln In Trifacta Inc
Friday, 12 Jul 2019 

July 12 (Reuters) - Infosys Ltd ::APPROVED A FOLLOW-ON INVESTMENT OF USD 6 MILLION IN TRIFACTA INC.FROM FY 2020, EXPECTS TO RETURN APPROX 85% OF FREE CASH FLOW CUMULATIVELY OVER 5-YEAR PERIOD.ON TRACK TOWARDS COMPLETING PREVIOUSLY ANNOUNCED SHARE BUYBACK OF 82.60 BILLION RUPEES.COMPANY HAS TILL DATE BOUGHT BACK SHARES WORTH 59.34 BILLION RUPEES.  Full Article

Infosys CEO Says See Good Traction In Large Deals Pipeline
Friday, 12 Jul 2019 

July 12 (Reuters) - Infosys Ltd ::INFOSYS LTD CEO SAYS SEE GOOD TRACTION IN LARGE DEALS PIPELINE.INFOSYS LTD CEO SAYS FOCUS ON HAVING OPERATIONAL EFFICIENCY AND DISCIPLINE IN MAINTAINING COSTS.INFOSYS LTD EXEC SAYS TOO PREMATURE TO SAY ANYTHING ON 20% TAX ON BUYBACKS.INFOSYS LTD EXEC SAYS LOOKING TO HIRE 18,000 FRESHERS THIS YEAR.  Full Article

Infosys Announces Strategic Partnership With Toyota Material Handling Europe
Monday, 24 Jun 2019 

June 24 (Reuters) - Infosys Ltd ::ANNOUNCES STRATEGIC PARTNERSHIP WITH TOYOTA MATERIAL HANDLING EUROPE.SIGNS LONG-TERM AGILE INTEGRATED APPLICATION AND INFRASTRUCTURE MANAGEMENT AGREEMENT WITH TOYOTA MATERIAL HANDLING EUROPE.  Full Article

Infosys Announces Collaboration With Microsoft To Deliver Smart Buildings And Spaces Solutions
Thursday, 6 Jun 2019 

June 6 (Reuters) - Infosys Ltd ::ANNOUNCES COLLABORATION WITH MICROSOFT TO DELIVER SMART BUILDINGS AND SPACES (SB&S) SOLUTIONS.  Full Article

Infosys Says Jaggaer Partners With Edgeverve
Thursday, 6 Jun 2019 

June 6 (Reuters) - Infosys Ltd ::JAGGAER PARTNERS WITH EDGEVERVE TO DELIVER ADVANCED RPA FOR SPEND MANAGEMENT.  Full Article

Infosys Completes Formation Of Strategic Partnership With ABN Amro In Netherlands
Friday, 24 May 2019 

May 24 (Reuters) - Infosys Ltd ::COMPLETES FORMATION OF STRATEGIC PARTNERSHIP WITH ABN AMRO IN NETHERLANDS BY BUYING 75% STAKE IN THEIR UNIT STATER N.V..  Full Article

Infosys Approves Grant Of Stock Incentives To CEO Salil Parekh
Thursday, 16 May 2019 

May 16 (Reuters) - Infosys Ltd ::APPROVED GRANT OF STOCK INCENTIVES TO CEO SALIL PAREKH.APPROVED GRANT OF 40 MILLION RUPEES WORTH OF STOCK TO COO U.B. PRAVIN RAO.PROPOSES TO GRANT ANNUAL PERFORMANCE-BASED STOCK INCENTIVES IN FORM OF RESTRICTED STOCK UNITS OF 100 MILLION RUPEES TO SALIL PAREKH.APPROVED CHANGE IN TERMS OF APPOINTMENT OF SALIL PAREKH, BY CHANGING VESTING PERIOD OF ANNUAL PERFORMANCE EQUITY GRANT FROM 3 YRS TO 1 YEAR.APPROVED INFOSYS EXPANDED STOCK OWNERSHIP PROGRAM – 2019.  Full Article

Infosys CEO Says Manufacturing Vertical In Europe, Healthcare Weak
Friday, 12 Apr 2019 

April 12 (Reuters) - Infosys Ltd CEO Salil Parekh, COO U.B. Pravin Rao, CFO Nilanjan Roy::INFOSYS CEO SAYS INVESTMENTS IN LOCALISATION IN US, RESKILLING HIT MARGINS.INFOSYS CEO SAYS DON'T SEE MACRO HEADWINDS ACROSS BUSINESS.INFOSYS CEO SAYS MANUFACTURING IN EUROPE SHOWING WEAKNESS.INFOSYS CEO SAYS MANUFACTURING VERTICAL IN EUROPE, HEALTHCARE WEAK.INFOSYS CEO SAYS SEEING GOOD TRACTION IN TELECOMS, RETAIL, SERVICES.INFOSYS CEO SAYS HIGHER ATTRITIONS IN 3-5 YEARS EXPERIENCE BRACKET IN INDIA AND 2-4 YEARS EXPERIENCE BRACKET IN US.INFOSYS LTD COO SAYS SEEING GOOD GROWTH IN EUROPE ON BFSI SIDE.  Full Article

India's Infosys Ltd March-Qtr Consol Profit Beats Estimates
Friday, 12 Apr 2019 

April 12 (Reuters) - Infosys Ltd ::MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 215.39 BILLION RUPEES VERSUS 180.83 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER CONSOL PROFIT WAS 39.56 BILLION RUPEES.MARCH QUARTER CONSOL PROFIT ATTRIBUTABLE 40.74 BILLION RUPEES VERSUS PROFIT OF 36.90 BILLION RUPEES LAST YEAR.  Full Article

Infosys FY20 Revenue Guidance In Range Of 7.5-9.5 Pct In Constant Currency
Friday, 12 Apr 2019 

April 12 (Reuters) - Infosys Ltd ::FY 20 REVENUE GUIDANCE IN THE RANGE OF 7.5%-9.5% IN CONSTANT CURRENCY.FY 20 OPERATING MARGIN GUIDANCE IN THE RANGE OF 21%-23%.GROSS ADDITION OF 101 CLIENTS IN MARCH QUARTER VERSUS 73 ADDITIONS LAST YEAR.APPROVED PERFORMANCE BASED GRANT OF RSUS WORTH 130 MILLION RUPEES FOR FY20 TO SALIL PAREKH CEO, MD UNDER 2015 STOCK INCENTIVE COMPENSATION PLAN.NET EMPLOYEE ADDITION WAS 2622 IN MARCH QUARTER VERSUS ADDITION OF 2,416 EMPLOYEES LAST YEAR.MARCH QUARTER ANNUALIZED STANDALONE EMPLOYEE ATTRITION AT 18.3 PERCENT VERSUS 16.6 PERCENT LAST YEAR.MARCH QUARTER ANNUALIZED CONSOLIDATED EMPLOYEE ATTRITION AT 20.4 PERCENT VERSUS 19.5 PERCENT LAST YEAR.OUT OF TOTAL BUYBACK SIZE OF 82.60 BILLION RUPEES, COMPANY HAS BOUGHT BACK SHARES WORTH 15.46 BILLION RUPEES SO FAR."OVERALL ATTRITION REMAINS HIGH AND WE ARE CONTINUING OUR FOCUS ON ARRESTING THE SAME”.  Full Article

UPDATE 2-India's Wipro tops profit forecast on demand from key clients

BENGALURU/MUMBAI, July 17 Indian software services exporter Wipro Ltd reported a 13% rise in first-quarter profit thanks to robust demand from financial clients and said its main information technology business could show modest growth in the current quarter.