The registration was cancelled as Infosys Foundation allegedly did not file income and expenditure statement on foreign funding for the past few years, officials said.
An analysis of top large and mid-size Indian IT companies show that the sector’s revenue growth has slowed substantially over the past half decade
TCS, Infosys increase hiring by 350 per cent in 2018-19, IT industry likely to add 2.5 lakh new jobs this year
While Mumbai-headquartered TCS hired 29,287 employees in the financial year ending on March 31, Bengaluru-based Infosys added 24,016 software professionals.
Sales for the quarter climbed up 19.1 per cent from Rs 18,083 crore in the fourth quarter of the previous year.
Shares of Infosys and Tata Consultancy Services (TCS) were trading up to 0.81 per cent higher ahead of their quarterly earnings, scheduled for release later in the day.
Infosys owns an 81 per cent stake in the JV — HIPUS Co Ltd — with Hitachi, Panasonic and Pasona Inc. claiming the rest.
In its hunt for high-profile candidates, the BJP is said to be considering Infosys co-founder, Nandan Nilekani, from Bengaluru South.
Narayana Murthy said the industry should work harder, innovate more, and become more efficient, more productive, more efficient and more competitive.
Infosys' newly established 5G living labs in five global locations, Bengaluru, Richardson, Indianapolis, Frankfurt and Melbourne - will help ideate and bring these new economies to life.
Infosys also requested the public to alert police and write to the foundation if they have information about such fraudsters.
The restoration project of Pancha Kalyani, an ancient lake in Melukote of Mandya district, was inaugurated on Thursday.
A software employee of Infosys has decided to go on an indefinite hunger strike from January 26 to spread awareness among voters for clean politics.
He was speaking at a session on 'Identity in a digital world' here at the World Economic Forum Annual Meeting 2019.
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.