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On November 18, Infosys had said it has invested DKK 149,20,000 (about Rs 14.49 crore) in UNSILO, a Danish artificial intelligence startup focused on advanced text analysis.Business
No change in buyback plans, says Infosys

Share buybacks typically improve earnings per share and return surplus cash to shareholders.

18 Aug 2017 4:27 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)Business
Form to claim past credit under GST expected from August 19

Over 71.30 lakh excise, service tax and VAT payers have migrated to the GSTN portal.

18 Aug 2017 4:11 PM IST

Narayana MurthyBusiness
Murthy 'anguished' by Infosys board allegations, calls them baseless

The Board said Murthy has repeatedly made continuous assaults on Vishal Sikka, leading to his resignation.

18 Aug 2017 3:54 PM IST

Infosys CEO Vishal SikkaBusiness
Infosys committed to Vishal Sikka's 'strategic direction'

The board also thanked Sikka for agreeing to stay on board as the Executive Vice Chairman and 'ensuring continuity'.

18 Aug 2017 3:01 PM IST

Infosys has become the latest major corporate to attract regulatory attention for alleged corporate governance lapsesBusiness
Infosys tanks 13 per cent after Sikka quits as CEO

At NSE stock crashed 13.38 per cent to hit its one- year low of Rs 884.20.

18 Aug 2017 2:45 PM IST

Finance Minister Arun Jaitley (Photo: PTI)Business
Jaitley asks states to cut VAT on natural gas, other fuel

Jaitley requested other states to explore possibility of having a lower rate of VAT on petroleum products.

18 Aug 2017 1:47 PM IST

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.Business
India will benefit from growing tax revenue in FY2018: DBS

As of April-July, direct taxes were up 19 per cent Year on-Year and indirect up 16 per cent (April-June).

18 Aug 2017 1:13 PM IST

Infosys Board blamed Narayana Murthys \continuous assault\ as the primary reason for CEO Vishal Sikka quitting the company.Business
Infosys board claims Narayana Murthy's attacks on Sikka led to his...

The Board argued that Murthy's 'campaign' has intensified over time.

18 Aug 2017 1:05 PM IST

Infosys CEO Vishal SikkaBusiness
'Continuous stream of distractions' forced Sikka to resign as Infosys...

Sikka, who joined Infosys in August 2014, said these distractions prevented the management's ability to accelerate...

18 Aug 2017 12:35 PM IST

Infosys CEO Vishal SikkaBusiness
Can't do my job while constantly defending attacks: Sikka

Sikka has been in the midst of a public tussle between the management and founders.

18 Aug 2017 12:31 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).Business
Rupee rebounds by 5 paise against US dollar to 64.10

The domestic unit hovered between 64.18 and 64.10 during morning deals.

18 Aug 2017 12:10 PM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_ITBusiness
GST return filing deadline extended to Aug 28 for firms claiming...

These entities will have to deposit taxes on the basis of self-assessment by 20 August.

18 Aug 2017 11:57 AM IST

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