Infosys lost 0.3 per cent to Rs 2,394.50, extending losses from a 13 per cent plunge on Friday after a slew of analysts downgraded the stock following its lower-than-expected revenue growth outlook on

India's IT giant Infosys brought in Indian workers illegally to US and often abused business visa rules requiring foreign workers to be paid US market rate, a former company insider has alleged.

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Country's second largest IT firm Infosys on Friday said it will hire 35,000 people this fiscal, including 13,000 for its BPO operations.

"We are going to add 35,000 more people next year, which inclu

IT giant Infosys Ltd on Friday declared a final dividend of Rs.22 per share for fiscal 2011-12, which is 440 per cent over its par value of Rs.5 per share.

In a regulatory filing Friday, the IT bellw

Infosys on Friday lost the country's most influential stock status to Mukesh Ambani-led Reliance Industries Ltd (RIL), as the shares of the IT giant fell sharply by about 13 per cent.

Based on its w

India's second largest IT bellwether Infosys Ltd and its subsidiaries would hire 35,000 people (gross addition) in fiscal 2012-13, about 10,000 less than last fiscal (2011-12), a top company official

Infosys Ltd, India's second-largest software services exporter, reported a 27.4 per cent rise in quarterly net profit, meeting forecast after customers ramped up orders to cut operational costs.

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Shares of IT bellwether Infosys tumbled by about 11 per cent in early trade on Friday following weak revenue guidance by the company for the current fiscal 2012-13 disappointing investors.

The scrip,

India's leading software exporters are expected to face a challenging year ahead due to growing competition, an uncertain global economy and rising U.S. rhetoric against shipping of jobs to low-cost l

Rajesh Rao is among a handful of Indian entrepreneurs who may prevent the country's software industry from getting 'Bangalored'.

The 41-year-old self-confessed geek runs Dhruva, a firm that sells con