Infosys
The Sensex and the Nifty plunged nearly 1.4 percent at the closing session as investors turned wary ahead of the Federal Reserve two-day policy meeting. Investors braced for a possible hawkish shift in the Federal Reserve’s policy stance in the lead-up to the US central bank’s two-day policy meeting later in the day. The 30-share [...] Continue Reading »
Bangalore has developed as the IT (Information Technology) hub of the nation in the last decade. This has resulted in the price hike of the residential and commercial properties in the city. The major MNCs like GE, IBM, Accenture, Capgemini, J.P Morgan to name a few have their IT and services centers in the city. [...] Continue Reading »
The real estate developers hope that the move of creating 100 smart cities will help revive the sluggish housing market. Amid the indications that almost all the state capitals may be a part of the Union government’s 100 smart cities’ plan, the real estate developers are hoping that the list will be out soon. Umesh [...] Continue Reading »
Investors are betting big on a quick recovery for the economy — the Sensex surged 310.63 points on Tuesday to close near its lifetime highs — but corporate profits this earnings season have, at best, been a mixed bag. Disappointments so have outnumbered the surprises by a wide margin in the three months to June [...] Continue Reading »
There is some good news for Infosys which has not been performing as per the guidance issued by them. The state-run Odisha Industrial Infrastructure Development Corporation (IDCO) has urged the Falta Special Economic Zone (SEZ) to issue the letter of permission (LoP) to IT major Infosys to start operations at its second development centre in Bhubaneswar. [...] Continue Reading »
With Chinese companies occupying the top three slots on the list. Mukesh Ambani-led Reliance Industries (RIL) leads the pack of 54 Indian companies in Forbes’ annual list of the world’s 2000 largest and most powerful public companies. The Forbes ‘Global 2000′ is a comprehensive list of the world’s largest, most powerful public companies, as measured [...] Continue Reading »
SD Shibulal’s, Infosys co-founder and CEO, a private limited company that deals with his family wealth, is increasing its hospitality along with its real estate business by investing R130 crore. The family office including his family’s holdings in Infosys, runs a resort in Coorg, Karnataka called ‘The Tamara’, a 56-room luxury property, which manages around [...] Continue Reading »
Infosys laid the foundation stone of its planned SEZ which will be formed with an initial investment of Rs 400 crore. SEZ which is to be constructed on 130 acres of land, its foundation-laying ceremony is to be held at the Super Corridor on the outskirts of Indore in the presence of Madhya Pradesh Chief Minister Shivraj Singh Chouhan. Infosys [...] Continue Reading »
Chief Minister of Himachal Pradesh, Mr. Virbhadra Singh on Wednesday laid the foundation stone of the IT Park at Jagrandal in the Dharamsala Assembly constituency. After Waknaghat near Shimla, this is the second time that government has identified land for the IT Park. The Minister for Housing and Urban Development, Sudhir Sharma, who represents Dharamsala [...] Continue Reading »
Shruti Manchanda, daughter of Infosys CEO SD Shibulal is set to expand her hospitality venture, Tamara with an investment of Rs. 150 Crores. Manchanda owns slightly less than one per cent stake in Infosys, which is worth Rs. 1,350 crore. She plans to invest up to Rs. 150 crore in her venture to set up [...] Continue Reading »
