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Infosys to create 1,200 jobs in Australia by 2020

Wednesday, November 21, 2018, 4:38 PM

Information Technology services firm Infosys on Wednesday said it will set up three innovation hubs in Australia and create 1,200 jobs in the country by 2020. The Bengaluru-based company is already setting up similar hubs in the US its largest market and expects to hire 10,000 local workers by 2019.
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Sensex Closes 317 Points Higher, Nifty Reclaims 10,750

Monday, November 19, 2018, 5:29 PM

Stock markets started the week on a strong note, with the S&P BSE Sensex closing 317-points or 0.9% higher at 35,774 on Monday. NSE benchmark index Nifty50 advanced 81-points to settle at 10,763. Both the indexes clocked their best closing levels since October-3. Gains in FMCG, auto, metal, IT and pharma stocks pushed the domestic markets higher despite a mixed trend in Asian peers.
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Infosys ADS holders seek refund of $3.7 million in depository fees

Friday, November 16, 2018, 8:34 AM

Infosys ADS holders have complained that IT firms's issue of bonus American Depositary Shares in September added to their cost of owning the securities without any concomitant-benefits.They have, in a letter to Infosys's chief financial officer Ranganath, asked Bengaluru-based company to review its ADS programme and refund over $3.7 million to its ADS holders in depository fees collected by firm on account of issuing-new-securities.

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