Infosys Foundation is a philanthropic and CSR arm of Infosys which supports programs in the areas of education, rural development, healthcare, arts and culture, and destitute care

Infosys Ltd. is trading below its 150 day SMA of 1702.6

Infosys Ltd.

03 Nov 2022

1633.70

-0.31%

How Rohan Murty, billionaire brother-in-law of Rishi Sunak aims to ease work environment

Business Today

With offices in Boston, London and Bengaluru, Rohan Murty-founded Soroco works with a range of Fortune 500 companies across the globe. Murty also owns 1.45 per cent stake in Infosys.

Infosys Ltd. has an average target of 1684.64 from 11 brokers.

Infosys Ltd.

03 Nov 2022

1633.70

-0.31%

Infosys cuts back on variable pay, average variable payout at 60%

Business Today

As per an internal communication circulated among employees, the average variable payout to employees in the J4, J5, and J6 bands is 60 per cent.

Infosys Ltd. is trading above its 100 day SMA of 1599.2

Infosys Ltd.

01 Nov 2022

1633.70

-0.31%

Infosys to take shareholders' nod for Rs 9,300-crore share buyback

Business Standard

Infosys will seek shareholders' nod for its proposed Rs 9,300 crore share buyback between November 3 to December 2 through postal ballot, the company said in a regulatory filing. The Infosys board on October 13 had announced a share buyback of Rs 9,300 crore via the open market route, for a price not exceeding Rs 1,850 per equity share. "...the Company is required to obtain the approval of its Members for the Buyback by way of a special resolution through Postal Ballot or at a general meeting by providing the facility to Members to vote by electronic means. Accordingly, the Company seeks your approval for the Buyback through this Postal Ballot Notice," the filing said. The board decided to return approximately 85 per cent of the free cash flow cumulatively over a five-year period through a combination of semi-annual dividends, share buyback, special dividends etc. "The Company has engaged the services of NSDL for the purpose of providing e-voting facility to all its members. The ..

Infosys Ltd. has an average target of 1684.64 from 11 brokers.

Infosys Ltd.

28 Oct 2022

1633.70

-0.31%

Infy declares interim dividend; UK PM's wife Akshata to get Rs 64.27 cr

Business Standard

Software giant Infosys declared an interim dividend of Rs 16.50 per equity share for shareholders for 2022-23, while Akshata Murthy, wife of UK PM Rishi Sunak, will get a dividend of Rs 64.27 crore.