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Worryingly for investors, many believe that both TCS and Wipro could lower their FY outlook. TCS declares its Q4 results on 19 April, while Wipro will do so on 25 April. Graphic: Mint

Mon, Apr 16 2018. 08 30 AM IST

Infosys’s lower profitability warning of a new normal?

Core IT services business seen falling apart as outsourcing firms Infosys, Wipro and TCS struggle to earn more from new solutions

Infosys had a total headcount of 2,04,107 employees at the end of 31 March 2018. Photo: Aniruddha Chowdhury/Mint

Fri, Apr 13 2018. 07 23 PM IST

Infosys rolls out mid to high single-digit salary hike

The salary hike will apply to 85% of Infosys employees starting April, says COO Pravin Rao

On Friday, Infosys shares rose 0.58%, or Rs6.75, to Rs1,169.00 on the BSE while the benchmark Sensex gained 0.27%, or 91.52 points, to end the day at 34,192.65. Photo: Reuters

Fri, Apr 13 2018. 04 54 PM IST

Infosys Q4 results meet estimates but FY19 outlook worries investors

Infosys lowered its operating margin band to 22-24% for FY19 after net profit declined 28.2% to $571 million in Q4 FY18 from $796 million in Q3 FY18

At 2.38pm, Infosys shares were trading at Rs1175.65, up 1.15% from previous close. Photo: Hemant Mishra/Mint

Fri, Apr 13 2018. 02 42 PM IST

Infosys shares gain over 1% ahead of earnings

Infosys shares, after making a positive opening, achieved an intra-day high of Rs1,184, a gain of 1.87%

It is also expected that Infosys’ new CEO Salil Parekh could spell out the strategic roadmap for the company, for which a review was being undertaken. Photo: Hemant Mishra/Mint

Fri, Mar 16 2018. 10 02 PM IST

Infosys to announce Q4 results on 13 April

Investors will also keenly wait for the annual revenue growth outlook for the 2018-19 fiscal from Infosys and its commentary on the demand environment for IT services

Infosys continues to be evaluated on the progress it makes in becoming a $20 billion company—a revenue target set by CEO Vishal Sikka. Photo: Abhijit Bhatlekar/Mint

Tue, Apr 18 2017. 02 34 AM IST

Infosys weighed down by $20 billion revenue target set by Vishal Sikka

Vishal Sikka’s ambitious revenue target, which Infosys is struggling to keep pace with, seems to have done more harm than good

According to Infosys’ financial statements that outline compensation to key executives, Sikka received only $3.68 million of the $8 million variable component that he was promised. Photo: Mint

Fri, Apr 14 2017. 06 38 PM IST

Infosys’s Vishal Sikka takes home only 61% of eligible pay

Infosys CEO Vishal Sikka has drawn about Rs43 crore or 61% of the promised compensation, $11 million, for the 2016-17 fiscal

Infosys co-chairman Ravi Venkatesan says the firm has done somethings incredibly well under Vishal Sikka’s leadership, and that he was close to the Infosys founders before joining the board. Photo: Aniruddha Chowdhury/Mint

Thu, Apr 13 2017. 10 05 PM IST

Ravi Venkatesan: In turbulent weather, it only helps to get a co-pilot

Ravi Venkatesan, who was appointed as Infosys co-chairman Thursday, says the idea of Infosys is a powerful one and it’s important that it continues to flourish

Infosys CEO Vishal Sikka. Co-chairman Ravi Venkatesan’s appointment came on a day when the IT firm reported near-flat Q4 results. Photo: Aniruddha Chowdhury/Mint

Thu, Apr 13 2017. 08 56 PM IST

Infosys seeks to buy peace with new co-chairman, Rs13,000 crore payout promise

Ravi Venkatesan’s appointment as Infosys co-chairman and Rs13,000 crore payout to shareholders seen as moves to placate founders led by N.R. Narayana Murthy

Former Infosys CFO V. Balakrishnan says the appointment of Ravi Venkatesan as co-chairman would make the Infosys board more complex. Photo: Hemant Mishra/Mint

Thu, Apr 13 2017. 06 22 PM IST

Infosys’s Rs13,000 crore payout to shareholders too little: ex-CFO V. Balakrishnan

Former CFO V. Balakrishnan calls Infosys results for the March quarter disappointing, wants the IT firm to emulate Accenture on dividend payout to shareholders

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