Key Developments: Infosys Ltd (INFY.NS)

INFY.NS on National Stock Exchange of India

1,094.40INR
31 Aug 2015
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Rs-16.65 (-1.50%)
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Latest Key Developments (Source: Significant Developments)

Infosys Ltd and Payveris partner to bring solutions to US community banks and credit unions
Friday, 14 Aug 2015 

Infosys Ltd:Says Infosys Finacle, part of EdgeVerve Systems - a wholly owned product subsidiary of Infosys (NYSE:INFY) and Payveris.Says the two entities will jointly provide integrated payment solutions to banks and credit unions throughout the United States.Says the offering will facilitate bill payments and money movement services such as interbank transfers and person-to-person payments.  Full Article

Infosys Ltd reaffirms FY 2016 revenue guidance in constant currency terms
Tuesday, 21 Jul 2015 

Infosys Ltd:Sees FY 2016 revenues to grow 10 pct. - 12 pct. in constant currency.Sees FY 2016 revenues to grow 11.5 pct. - 13.5 pct. in INR terms.The company reported revenues of $8.71 bln in FY 2015.FY 2016 revenue of $9.27 bln - Thomson Reuters I/B/E/S.  Full Article

Infosys Ltd selected as a strategic technology services partner of Deutsche Bank
Wednesday, 8 Jul 2015 

Infosys Ltd:Announces that it has signed a multi-year agreement with Deutsche Bank.Says under the agreement, infosys wiill provide these services across the Deutsche Bank Group and will also be a strategic partner under Deutsche Bank's Supplier Partnership Program.  Full Article

Infosys Ltd announces strategic partnership with Allied Irish Bank
Friday, 3 Jul 2015 

Infosys Ltd:Has been selected as a strategic partner by Allied Irish Banks, p.l.c. (AIB), a financial services group operating predominantly in the Republic of Ireland and the UK.Leveraging the momentum of this partnership, Infosys will also make investments in the Republic of Ireland.  Full Article

Sharjah Islamic Bank selects Infosys Ltd's Finacle e-Banking and Mobile Banking Solutions to provide superior channel services
Monday, 22 Jun 2015 

Infosys Ltd:Says that Sharjah Islamic Bank (SIB), a Sharia-compliant bank in the Middle East, has selected Finacle e-Banking and Mobile Banking solutions to enhance customer service and deliver new-age channel banking experiences.Says that with Finacle, SIB will be able to offer its customers a wide range of features for secure account management and aggregation, fund transfer, payment, and financial management.  Full Article

Infosys Ltd says NBTY selects co to transform IT landscape
Friday, 19 Jun 2015 

Infosys Ltd:Says multi year partnership with NBTY Inc.To provide development and support services for NBTY's IT system.  Full Article

Infosys Ltd partners with Microsoft to offer finacle on Azure
Thursday, 30 Apr 2015 

Infosys Ltd:Announced extension to partnership with Microsoft Corp.As part of collaboration Finacle suite of solutions available on Microsoft Azure.Offering to allow banks to operate at lower costs and with greater agility.  Full Article

Infosys foundation USA partners with Code.org
Wednesday, 29 Apr 2015 

Infosys Ltd:Says that Infosys foundation USA partners with Code.org to expandaccess to computer science education for millions of students across the United States.Says the program includes professional development for teachers, curriculum development and social outreach programs.  Full Article

Infosys Ltd gives FY 2016 outlook above analysts' estimates
Friday, 24 Apr 2015 

Infosys Ltd:Expects FY 2016 revenues to grow 10 -12 pct in constant currency terms.FY 2016 revenues to grow 8.4 -10.4 pct in INR terms.FY 2016 revenues to grow 6.2 -8.2 pct in USD terms.Reported revenue of $8.71 bln in FY 2015.FY 2016 revenue of $9.52 bln - Thomson Reuters I/B/E/S.  Full Article

Infosys Ltd to acquire Kallidus Inc; to acquire minority share in Airviz; approves transfer of Finacle and EdgeServices to subsidiary
Friday, 24 Apr 2015 

Infosys Ltd:Approved the definitive agreement to acquire Kallidus Inc (d.b.a Skava) and its affiliate, for a consideration of $120 Million including a deferred component and retention bonus.Approved the definitive agreement for an early-stage investment of $2 Million in Airviz, to acquire a minority share.Also approved the Transfer of the business of Finacle and EdgeServices to the company’s subsidiary- EdgeVerve Systems Ltd.Also approved the Transfer of the business of Finacle and EdgeServices to the company’s subsidiary- EdgeVerve Systems Ltd.  Full Article

BUZZ-India's Infosys rises on short covering, new strategy

** Infosys shares rises 1.4 pct on short covering in derivatives

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