Infosys shares surge on buyback announcement, Q2 results
Infosys board of directors at its meeting held here on Thursday approved the buyback of equity shares, from the open market route through the Indian stock exchanges, amounting to Rs 9,300 crore
Oct 14, 2022, 13:45 PM IST
Infosys completes buyback of 5.58 crore shares worth Rs 9,200 crore
The highest price at which the equity shares were bought back was Rs 1,750, while the lowest price was Rs 1,538.10 per equity share.
Sep 13, 2021, 21:54 PM IST
Infosys shares tanks 6% on lower margin guidance
Shares of the company today opened on a weak note and fell to an intra-day low of Rs 1,099, down 5.98 percent from its previous closing price.
Apr 16, 2018, 11:26 AM IST
Nandan Nilekani return may need open offer by Infosys promoters: SES
SES explained that Murthy was able to get "his people" appointed on the Board, forcing exit of other directors.
Sep 12, 2017, 20:02 PM IST
Feedback from clients positive, reassuring: Infosys
The Bengaluru-based firm has been in the eye of a storm over the past few months, with the two sides clashing over allegations such as corporate governance lapses and irregularities in Infosys' USD 200-million Panaya acquisition.
Sep 08, 2017, 23:02 PM IST
Infosys seeks shareholder nod to appoint Pravin Rao as MD
He will continue to hold the position of interim-CEO and MD for a maximum of five years, or until a new CEO and MD is appointed, Infosys said in its postal ballot.
Sep 02, 2017, 15:20 PM IST
Promoters intend to participate in share buyback: Infosys
Co-founder Nandan Nilekani has returned to the company for a second innings, this time as non-executive Chairman in a Board-level shake-up that saw the exit of Chairman R Seshasayee along with two independent members.
Aug 28, 2017, 19:42 PM IST
Nilekani's return to Infosys gives company best start in 6 years: CLSA
The founders, led by N R Narayana Murthy, had alleged corporate governance lapses at the country's second-largest software services firm.
Aug 28, 2017, 18:12 PM IST
Infosys shares end over 3% higher on Nilekani's return
The stock jumped 3.14 per cent to close at Rs 941.15 on the BSE. During the day, it went up 4.49 per cent to Rs 953.50.
Aug 28, 2017, 17:31 PM IST
Infosys shares jump on Nilekani's return as Chairman
The new Chairman of Infosys told investors on Friday his priorities were to find a CEO, reconstitute the board and shape future strategy.
Aug 28, 2017, 13:25 PM IST
Not right for me to hang on after Nilekani's return: Vishal Sikka
Sikka's resignation as CEO last week escalated the tensions between the founders and the management of India's second largest software company. He was then named Vice- Chairman.
Aug 25, 2017, 22:25 PM IST
Infosys board terms past differences with Murthy 'unfortunate'
The company said in a statement, read out by Nilekani, that the Board is focused on the future, consistent with the commitment to good governance.
Aug 25, 2017, 19:15 PM IST
Infosys rises 2% on Nandan Nilekani return buzz
On the National Stock Exchange (NSE), the stock closed 2.09 per cent higher at Rs 911.50. During the day, the scrip had touched a high of Rs 918.25 and a low of Rs 902.35.
Aug 24, 2017, 17:05 PM IST
Infosys slips out of 10 most valued companies on NSE
Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.
Aug 22, 2017, 00:24 AM IST
Narayana Murthy's shadow to loom large over search for Infosys CEO
The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.
Aug 20, 2017, 14:14 PM IST
No change in buyback plans, says Infosys
The board of the embattled company - which saw its CEO Vishal Sikka step down on Friday amid founders alleging corporate governance lapses - is scheduled to meet tomorrow to consider the buyback proposal.
Aug 18, 2017, 16:17 PM IST
Infosys tanks over 6% on Vishal Sikka's resignation
Following the announcement, the stock fell to Rs 958.00, registering a fall of 6.62 percent over its previous closing price on the BSE.
Aug 18, 2017, 10:17 AM IST
Infosys shares slump over 5% on FY17 revenue guidance cut
Shares of IT major Infosys on Friday fell by over 5 percent after the company slashed its revenue guidance for the second time this year due to its recent performance and "near-term uncertain business outlook".
Oct 14, 2016, 12:54 PM IST
Infosys shares tank 9%; market cap plunges Rs 23,459 crore post Q1 result
Infosys shares today plunged nearly 9 percent, wiping out Rs 23,459 crore from its market valuation, after the company's June quarter result failed to enthuse investors following a cut in annual sales forecast.
Jul 15, 2016, 13:13 PM IST
Infosys shares down over 4% on concerns over outlook
Shares of Infosys fell by over 4 percent Thursday, wiping out Rs 12,138 crore from its market valuation amid concerns related to outlook after its chief operating officer said challenges in retail, energy and insurance sectors could result in 'quarterly bumps' for the firm.
Jun 09, 2016, 20:10 PM IST
