Edition:
India

Infosys Ltd (INFY.BO)

INFY.BO on Bombay Stock Exchange

732.45INR
10:02am IST
Change (% chg)

Rs-3.95 (-0.54%)
Prev Close
Rs736.40
Open
Rs736.40
Day's High
Rs737.55
Day's Low
Rs730.20
Volume
52,585
Avg. Vol
542,427
52-wk High
Rs773.65
52-wk Low
Rs572.60

Latest Key Developments (Source: Significant Developments)

Infosys Completes Formation Of JV With Hitachi, Panasonic And Pasona In Japan
Monday, 1 Apr 2019 

April 1 (Reuters) - Pasona Group Inc <2168.T>::COMPLETES FORMATION OF JOINT VENTURE WITH HITACHI, PANASONIC AND PASONA IN JAPAN.  Full Article

Infosys To Invest 127.5 Mln Euros For 75 Pct Stake In Stater NV
Thursday, 28 Mar 2019 

March 28 (Reuters) - Infosys Ltd::TO INVEST 127.5 MILLION EUROS FOR 75 PERCENT STAKE IN STATER NV, SUBJECT TO CUSTOMARY CLOSING ADJUSTMENTS.  Full Article

ABN Amro Sells Majority Stake In Stater To Infosys
Thursday, 28 Mar 2019 

March 28 (Reuters) - ABN AMRO GROUP NV ::REG-ABN AMRO SELLS MAJORITY STAKE IN STATER TO INFOSYS.ABN AMRO ANNOUNCED TODAY THAT IT HAS SOLD 75% OF ITS SHARES IN STATER TO INFOSYS.RETAINING A 25% INTEREST IN STATER, ABN AMRO WILL CONTINUE TO BE A STRATEGIC SHAREHOLDER.CLOSING DATE OF TRANSACTION IS EXPECTED IN Q2.TRANSACTION WILL RESULT IN A GAIN ON DISPOSAL AND HAVE A POSITIVE, THOUGH MODEST, IMPACT ON ABN AMRO'S CET1 CAPITAL RATIO.  Full Article

India's Market Regulator Says Settlement Reached With Infosys
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Infosys Ltd ::INDIA'S MARKET REGULATOR - SETTLEMENT REACHED WITH INFOSYS WITH REGARDS TO ISSUES PERTAINING TO SEVERANCE PAYMENT TO FORMER INFOSYS CFO RAJIV BANSAL.  Full Article

India's Infosys Exec Says Co Sees Good Momentum In Financial Services In Europe And North America
Friday, 11 Jan 2019 

Jan 11 (Reuters) - Infosys Ltd Salil Parekh CEO, Jayesh Sanghrajka Interim CFO And Pravin Rao, COO::INFOSYS LTD EXEC SAYS NOT SEEN CLIENTS CHANGE INVESTMENT TRAJECTORY.INFOSYS LTD EXEC SAYS ACROSS THE BOARD CO HAS STRONG PIPELINES IN ALL SEGMENTS.INFOSYS LTD EXEC SAYS VERY OPTIMISTIC ABOUT FINANCIAL SERVICES IN THE COMING FISCAL YEAR.INFOSYS LTD EXEC SAYS HAVE GOOD MOMENTUM IN FINANCIAL SERVICES IN EUROPE AND NORTH AMERICA.INFOSYS LTD EXEC SAYS NO IMPACT ON MARGINS FROM CO'S LOCALISATION STRATEGY GOING FORWARD.  Full Article

Infosys Says To Consider Proposals For Buyback, Special Dividend
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Infosys Ltd ::SAYS TO CONSIDER PROPOSAL(S) FOR IMPLEMENTATION OF CAPITAL ALLOCATION POLICY.TO CONSIDER PROPOSAL INCLUDING FOR BUYBACK, PAYMENT OF SPECIAL DIVIDEND.  Full Article

Infosys Names Nilanjan Roy As CFO
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Infosys Ltd ::SAYS JAYESH SANGHRAJKA WILL RESUME HIS RESPONSIBILITIES AS DEPUTY CFO, EFFECTIVE MARCH 1, 2019..ANNOUNCES APPOINTMENT OF NILANJAN ROY AS CHIEF FINANCIAL OFFICER AND KMP.  Full Article

Hitachi To Transfer Shares In Fully Owned Subsidiary Hitachi Procurement Service To Infosys, Panasonic And Pasona
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Hitachi Ltd <6501.T>::TO TRANSFER SHARES IN FULLY OWNED SUBSIDIARY HITACHI PROCUREMENT SERVICE TO INFOSYS, PANASONIC AND PASONA .HITACHI TO RETAIN 15 PERCENT AFTER SHARE TRANSFER; INFOSYS TO OWN 81 PERCENT, PANASONIC 2 PERCENT, PASONA 2 PERCENT.  Full Article

India's Infosys Says JV With Hitachi, Panasonic And Pasona In Japan
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Infosys Ltd ::INFOSYS ANNOUNCES JOINT VENTURE WITH HITACHI, PANASONIC AND PASONA IN JAPAN.SAYS CO WILL ACQUIRE 81 PERCENT OF THE SHAREHOLDING IN HITACHI PROCUREMENT SERVICE CO., HITACHI’S FULLY OWNED SUBSIDIARY.SAYS HITACHI, PANASONIC AND PASONA WILL BE MINORITY SHAREHOLDERS OF THE ENTITY.DEAL FOR 2,762 MILLION YEN FOR 81 PERCENT STAKE.SAYS TRANSACTION IS EXPECTED TO CLOSE ON OR BEFORE APRIL 1, 2019.  Full Article

Infosys To Open 3 Innovation Hubs, Create 1,200 Jobs In Australia
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Infosys Ltd ::SAYS ANNOUNCES CREATION OF 1,200 JOBS IN AUSTRALIA.SAYS WILL OPEN 3 INNOVATION HUBS AND CREATE NEW SKILLED JOBS FOR GRADUATES, PROFESSIONALS BY 2020.  Full Article

Indian shares rise on TCS boost, Asia rally; Infosys drags

April 15 Indian shares edged higher on Monday, in line with Asian peers, as Tata Consultancy Services Ltd boosted the indexes after reporting a record profit for the last quarter of the year, marking the onset of corporate results.