- Tag results for Infosys
IT major Infosys will implement the system for whioch the cabinet has sanctioned an estimated Rs 4,241.97 crore.
Yes Bank emerges top gainer as Infosys, Vedanta, Reliance Industries and TCS steal the show.
A raised revenue growth forecast also made sure that shares of the company go up by 2.52 per cent to end at Rs 700.90 on BSE.
The Bengaluru-based company also announced a share buyback from the open market amounting to Rs 8,260 crore, at a price not exceeding Rs 800 per share.
The reappointment was made on the recommendation of the company's nomination and remuneration committee.
The board has also approved the re-appointment of Kiran Mazumdar Shaw as the Lead Independent Director for the second term from April 1, 2019, to March 22, 2023.
The Bengaluru-based firm's revenue, however, grew 20.3 per cent to Rs 21,400 crore in the December 2018 quarter as compared to Rs 17,794 crore in the year-ago period.
Following CFO MD Ranganath in August and consulting global head Ken Toombs in October, the company's global head of energy, utilities, resources and services unit Sudip Singh has put down his papers.
Kavita Singh got to know about the rejection of her leave application only after she landed in Bengaluru to attend the event organised by the Infosys Science Foundation.
Winners from various fields got prizes for their research, information and development work.
Murthy believes that India has realised the importance of creating an environment where the researchers can indeed contribute to the global betterment and produce world-class work.
Infosys will acquire 81 per cent of the shareholding in Hitachi Procurement Service Co Ltd, its fully owned subsidiary.
Speaking at the event, Dr Velan, Executive Director and Chief Executive Officer, TRIL Infopark, called for skill development for using digital technology.
Hiring more than 7,000 workers in America the IT-giant believes that the hub will help in strengthening the relationship between them and their clients in that region.
The firm's 'bridge-to-consult' programme to target young employees who have spent three years with the organisation.