With the announcement of Q4 results on Thursday, Infosys has declared a final dividend of Rs 20 and a special dividend of Rs 8, i.e. a total dividend of Rs 28 to its shareholders.
There is a standoff between the two tech giants over senior management staff.
IT major Infosys on Saturday announced that a global client has decided to terminate the Memorandum of Understanding (MoU) for a $1.5 billion deal focused on artificial intelligence (AI) solutions.
Murthy stressed the need to create 2,500 institutions to train primary and secondary school teachers by spending $20 billion over the next two decades.
Narayan Murthy, Founder of Infosys, recently said that India’s youth need to work 70 hours a week in order to…
"The board will consider a proposal for buyback of fully paid-up equity shares at its meeting on April 14, 2021, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018," said the city-based company in a regulatory filing on the BSE.
Infosys will work with the London-based steel and mining firm's European arm and share its best practice to optimise, stabilise and transform its IT landscape.
The transaction is expected to be completed in the fourth quarter of FY21, it added.
Gainers of the Sensex pack were led by Mahindra and Mahindra (M&M), soaring around 7 per cent, followed by Bajaj Finserv, Bharti Airtel, PowerGrid, Infosys and ICICI Bank.
The study also revealed that the consumer or the retail sector was the largest wealth creating sector during the period under review.
