Key Developments: Infosys Ltd (INFY.NS)

INFY.NS on National Stock Exchange of India

3,382.25INR
3:59pm IST
Price Change (% chg)

Rs32.80 (+0.98%)
Prev Close
Rs3,349.45
Open
Rs3,344.00
Day's High
Rs3,395.00
Day's Low
Rs3,321.45
Volume
696,445
Avg. Vol
1,182,677
52-wk High
Rs3,849.95
52-wk Low
Rs2,880.00

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Latest Key Developments (Source: Significant Developments)

Infosys Ltd reaffirms FY 2015 revenue outlook
Friday, 11 Jul 2014 

Infosys Ltd:Sees FY 2015 revenues to grow by 7-9 pct.Reported revenue of $8.249 bln in FY 2014.FY 2015 revenue of $8.919 bln - Thomson Reuters I/B/E/S.  Full Article

Infosys Ltd to create and deploy website for Maybelline-Business Standard
Thursday, 26 Jun 2014 

Infosys Ltd:Maybelline has entered into a partnership with Infosys Ltd to create, test and deploy a new optimised website for a wide range of mobile devices-Business Standard.The website will deliver the latest promotions for new products, tutorial videos and make-up tips to Maybelline users.It will also allow easy browsing of products from the company.  Full Article

FONDEP selects Infosys for banking transformation
Monday, 23 Jun 2014 

Infosys Ltd:Says FONDEP has chosen Infosys Finacle for its strategic core banking transformation program.Finacle solution will help FONDEP adapt to changing customer needs by enabling them to offer relevant products to their customer base.  Full Article

Infosys Ltd to appoint Vishal Sikka as chief executive officer and managing director; announces other senior management changes
Thursday, 12 Jun 2014 

Infosys Ltd:Announces selection of Vishal Sikka as chief executive officer and managing director (CEO & MD) of the company.Sikka will be inducted as a whole-time director of board and CEO & MD (designate) on June 14.Sikka will take over as CEO & MD from S.D. Shibulal on Aug. 1.Says board has also elevated U.B. Pravin Rao, president and whole-time director, as chief operating officer, with effect from June 14.Says N.R. Narayana Murthy and S. Gopalakrishnan will voluntarily step down as executive chairman and executive vice chairman, respectively, on June 14.In order to facilitate smooth transition of responsibilities, they will continue on board till Oct. 10 as non-executive chairman and non-executive vice chairman, respectively.Says K.V. Kamath will become non-executive chairman of board on Oct. 11.Says Narayana Murthy will designated as chairman emeritus with effect from Oct. 11, in recognition of his contributions to the company.S.D. Shibulal will step down as CEO & MD and from the board on June 31.  Full Article

Infosys Ltd deploys e-banking solution for Al Hilal Bank-Business Standard
Thursday, 29 May 2014 

Infosys Ltd:Has implemented its Finacle e-banking solution at UAE-based Al Hilal Bank-Business Standard.It will enable Al Hilal to provide a full range of Internet banking services to its corporate customers.  Full Article

Infosys Ltd announces resignation of B. G. Srinivas as President and member of board
Wednesday, 28 May 2014 

Infosys Ltd:Says B. G. Srinivas, President and Member of the Board has conveyed his intention to resign from the services of the Company.Board has accepted his resignation and has decided to relieve B. G. Srinivas from his responsibilities effective June 10.  Full Article

Infosys Ltd fixes dividend payment date and record date
Friday, 9 May 2014 

Infosys Ltd:Fixes payment date as June 16 for payment of final dividend of 43 Indian rupees per equity share for the financial ended March 31.Record date is May 30.  Full Article

Infosys partners with Orange and create new immersive experience to viewers
Wednesday, 23 Apr 2014 

Infosys Ltd:Signed strategic partnership with Orange to offer customers a new immersive experience on Orange's IPTV offering.Infosys will deliver a broad portfolio of interactive TV apps on the Orange Livebox Play.TV apps will be powered by Infosys DigitizeEdge, an integrated digital asset and experience platform for TV operators, media companies, advertisers and content publishers.Infosys will leverage this cloud-based platform to onboard top content providers and brands across the globe.DigitizeEdge will enable Orange to deliver a wide range of lifestyle centric, video rich and contextual over-the-top (OTT) services via TV apps, to enhance viewer experience and interaction with their TV.Platform will customize content for Orange's viewers in France.  Full Article

Infosys Ltd gives FY 2015 revenue guidance slightly below analysts' estimates
Tuesday, 15 Apr 2014 

Infosys Ltd:Expects fiscal 2015, under IFRS, revenues to grow 7 pct. - 9 pct.Reported revenue of $8.249 bln in FY 2014.FY 2015 revenue of $9.059 bln - Thomson Reuters I/B/E/S.  Full Article

Infosys Ltd Board recommends final dividend
Tuesday, 15 Apr 2014 

Infosys Ltd:Board recommends final dividend of 43 Indian rupees per equity share for the financial ended March 31.Says payment is subject to approval of the shareholders in annual general meeting of the company to be held on June 14.  Full Article

UPDATE 2-India's NSE hits record high on foreign buying, higher Asian stocks

* Technology shares gain; Infosys up 3.5 pct (Adds details, updates closing prices)

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