Key Developments: Infosys Ltd (INFY.NS)

INFY.NS on National Stock Exchange of India

990.30INR
3 Jul 2015
Change (% chg)

Rs2.30 (+0.23%)
Prev Close
Rs988.00
Open
Rs988.00
Day's High
Rs993.00
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Rs982.00
Volume
1,347,653
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4,201,004
52-wk High
Rs1,168.00
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Latest Key Developments (Source: Significant Developments)

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

Infosys Ltd recommends final dividend
Friday, 24 Apr 2015 

Infosys Ltd:Recommended a final dividend of 29.50 Indian Rupees per equity share (equivalent to 14.75 Indian Rupees per share after 1:1 bonus issue) for FY 2015.  Full Article

Infosys Ltd recommends bonus issue
Friday, 24 Apr 2015 

Infosys Ltd:Approved and recommended a bonus issue of one equity share for every equity share held and a stock dividend of one American Depositary Share (ADS) for every ADS held.Consequently, the ratio of equity shares underlying the ADSs held by an American Depositary Receipt holder would remain unchanged.  Full Article

LIC buys Infosys Ltd shares-Business Standard
Monday, 20 Apr 2015 

Infosys Ltd:LIC has shored up its stake in Infosys to 4.81 pct, purchasing shares worth over 3.00 bln Indian Rupees in the Jan.-March quarter-Business Standard.  Full Article

Indian shares edge up in rangebound trade; oil retailers rise

MUMBAI, July 2 - Indian shares edged up in rangebound trade on Thursday, heading for their highest close in nearly 2-1/2 months, as oil marketing companies such as Indian Oil Corp rose after crude oil prices slumped in the previous session.

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