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Home Tag Archives: Infosys

Tag Archives: Infosys

Infosys President Quits: Setback For CEO

By FabNewz Team
June 19, 2017
in :  Business, Business News, Technology
Infosys President Quits

Head of Americas and global head of manufacturing and retail for Infosys, Sandeep Dadlani quit the company and this is a major setback for CEO Vishal Sikka. Thursday night saw the nomination of two executive officers, one of them Nitesh Banga replaced Dadlani as the global head of manufacturing. Since Vishal Sikka took over as CEO of Infosys in 2014, …

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Infosys invests $4 Million in Israeli Startup Cloudyn for minority stake

By FabNewz 2016
August 18, 2016
in :  Business News
Infosys

Days after Wipro announced buying the Israeli aerospace firm H.R. Givon, Bangalore based sofware exporter Infosys has funded a cloud computing startup out of Israel with presence in the US called Cloudyn, picking up a minority stake in the firm for $4 million. However, the company did not disclose itsstake holding percentage in the five year old Israeli startup.   …

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GST Gets It’s Own IT Back Up With Infosys

By FabNewz 2016
August 7, 2016
in :  Business News
GST

The government is trying its best to add to Goods and Service Tax Bill in Amendment thus presenting in Monsoon Session held daily in the Parliament. The approach is highly beneficial for common man, especially those who hail from businesses. IT giant Infosys has created a website to support and provide back up on behalf of GST Bill through which consumers …

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Infosys Shares Slopes Down As RBS Withdraws William & Glyn Project

By FabNewz 2016
August 2, 2016
in :  Finance
RBS Withdraws

The country’s tech giant Infosys saw a steep fall in shares by 3% to its lowest level since past 8 months closing at Rs. 1,028 recorded in an early morning trade on Tuesday. The reason behind sloping of shares was withdrawal its main project William & Glyn by Royal Bank of Scotland, Infosys’ key client in the network. The bank …

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Swathi Murder Case Main Suspect’s Bail Plea Rejected

By FabNewz 2016
July 13, 2016
in :  Politics, Regional
Swathi Murder Case

The Infosys techie Swathi who got murdered in daylight in Tamil Nadu came under projection when its prime suspect Ramkumar’s bail plea got rejected by the Principal Session Court in the city on Wednesday. Counted as one of most heinous crime ever committed in Chennai, the accused found in an appropriate sought after search operation conducted by Tamil Nadu Police …

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Co-Founder of Infosys Invests In Indian Railway App

By FabNewz 2016
April 14, 2016
in :  Business News
Railway App

Co-founder of Infosys Nandan Nilekani has invested certain amount in India’s first Railway app RailYatri.in The amount has not been disclosed yet. The railway app will help thousands of commuters to keep a track on timings, arrival, departure, delays, stations, stoppages, and many more. Apart from Infosys founder, other firms too participated in venture capitalization. These included former UIDAI Chairman, …

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