Key Developments: Infosys Ltd (INFY.NS)

INFY.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Infosys Ltd to Support Strategic IT Transformation at TNT
Monday, 2 Mar 2015 

Infosys Ltd:Announced that it has signed a five-year agreement with global express delivery company TNT, to help TNT simplify and transform its technology applications.  Full Article

ABN AMRO selects Infosys Ltd as strategic partners
Wednesday, 18 Feb 2015 

Infosys Ltd:Says a multi-year, multimillion dollar partnership with ABN AMRO, a retail and commercial bank, to provide IT services for the bank's operations.As part of this, the company, as one of the strategic partners of ABN AMRO, will deliver services across application development and maintenance, testing and product implementation.  Full Article

Infosys Ltd to acquire Panaya Inc
Monday, 16 Feb 2015 

Infosys Ltd:Announces a definitive agreement to fully acquire Panaya Inc for an enterprise value of $200 mln.Says that the transaction is expected to close before March. 31.  Full Article

Infosys Ltd gets IT services contract from Swedish retailer-Business Standard
Wednesday, 11 Feb 2015 

Infosys Ltd:Has been selected by ICA Gruppen, Sweden's retailer, to manage its IT operations-Business Standard.Infosys will provide services across application and infrastructure maintenance to drive operational efficiency and ensure IT projects add value to the business, the Bangalore-based firm said in a statement.  Full Article

Infosys Ltd maintains FY 2015 revenue guidance
Friday, 9 Jan 2015 

Infosys Ltd:Maintains FY 2015 revenue guidance in the range of 7-9 pct at Sept. 30, exchange rates.Reported revenue of $8.249 bln in FY 2014.FY 2015 revenue of $8.838 bln - Thomson Reuters I/B/E/S.  Full Article

ICA Gruppen outsources part of IT operations to Infosys
Monday, 8 Dec 2014 

Infosys Ltd:ICA Gruppen outsources part of IT operations to Infosys.Says this change will decrease costs in stages by about 75 million Swedish crowns starting from 2016 (compared with 2014).Says about 120 people at ICA gruppen and ICA Sweden will be offered jobs with Infosys.Increasing the proportion of outsourcing from 20 pct to about 40 pct.  Full Article

Infosys Ltd's founders to sell $1.1 bln worth shares - Reuters
Monday, 8 Dec 2014 

Infosys Ltd:Four of the founders of Infosys Ltd are seeking to raise about $1.1 bln by selling stakes in the company - Reuters.Founders are offering 32.6 mln shares in Infosys at a fixed price of 1,988 Indian rupees ($32) each.Deutsche Bank is the sole book runner.  Full Article

Infosys Ltd announces dividend payment through bonus shares distribution
Friday, 5 Dec 2014 

Infosys Ltd:Says the ex-date is on Dec. 8.Says the record date is on Dec. 10.Says the payment date is on Dec. 11.Says the allocation parity is the delivery of 1 new share for 1 existing share as bonus shares distribution.Says the centralizing agency is BNP Paribas Securities Services.  Full Article

Infosys Ltd collaborates with Stanford Graduate School of Business to develop world-class education and training
Wednesday, 19 Nov 2014 

Infosys Ltd:Says that it will collaborate with Stanford Graduate School of Business (GSB) to create a comprehensive executive edcation program.As part of this agreement, Stanford GSB will team with with senior Infosys executives, clients and partners.  Full Article

Infosys Ltd and Tableau Software partner on next-generation business intelligence and visualization
Friday, 7 Nov 2014 

Infosys Ltd:Announces a strategic partnership with Tableau Software.Says the partnership will combine the global talent pool and client reach of Infosys with Tableau's analytics technology.Says as part of the partnership, Infosys will integrate Tableau's software into the solutions it deploys to help clients unlock the power of big data. Infosys will use its global training facilities to substantially increase the number of Tableau analytics experts in the company.Says this will ensure that the benefits of business analytics are included within a wide range of client solutions across multiple industries.  Full Article


Sensex falls nearly 1 pct on profit-taking, derivatives expiry

MUMBAI - The BSE Sensex fell nearly 1 percent on Thursday, led by profit-taking in software stocks such as Infosys Ltd, while the expiry of February derivative contracts and caution ahead of federal budget on Saturday also weighed on sentiment.

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