Washington: An American employee of Infosys has filed a case against the Indian company accusing it of systematic visa and tax fraud to increase profits.

In his 13-page complaint filed before an Alab

New Delhi: The Income Tax Department has slapped a tax demand of over Rs 450 crore on software giant Infosys Technologies for wrongfully claiming tax exemption on onshore services by declaring them as

Bengaluru: Infosys Technologies Ltd posted net profit of Rs.1,780 crore (Rs.17.8 billion) for the third quarter (October-December) in the fiscal 2010-11, registering 14.2 per cent year-on-year growth,

Bangalore: Returning to double digit growth in net profit and revenue during the second quarter (July-Sep), India's second largest IT bellwether on Friday revised revenue guidance for this fiscal (201

The Indian information technology sector is likely to witness heavy consolidation in the coming months as mid-size companies struggle to sustain growth amid a rising anti-outsourcing tirade in the Uni

The US on Friday sought to downplay the ban on outsourcing clamped by the government of its Ohio state, saying similar actions in the past have not affected Indo-US ties which have grown to a far grea

Washington, Aug. 14: The US Senator, Mr Charles Schumer, the prime mover behind the controversial law to hike worker visa fees, has amended his remarks branding Indian IT firms like Infosys as chop sh

Satish Kumar Gupta, a senior employee of the Infosys Technologies Ltd, was detained late on Friday in connection with the murder of his wife Priyanka here, police said.

"He has been detained and will

Criticising companies outsourcing highly-paid American jobs, a US Senator has described Indian IT major Infosys as a "chop shop", a place where stolen cars are dismantled and parts sold separately.

Mumbai, Aug. 4: Powered by a strong performance from the tech-pack, the BSE Sensex touched a 30 month high of 18,217 points on Wednesday. Stocks of IT majors Infosys, Wipro and TCS were up sharply dur