Sensex heads north; L&T shines Indian shares powered to their 14th record high in 15 sessions on Wednesday as investors poured money into the surging market, with infrastructure firm Larsen & Toubro and tech bellwether Infosys Technologies leading gains. 11 Oct 2007
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Hindustan Unilever leads the Indian pack in global leadership list Four Indian companies, led by FMCG major, Hindustan Unilever Limited (HUL), has made it to the global list of Top Companies for Leaders-2007, a survey conducted by Hewitt Associates in partnership with The RBL Group and Fortune Magazine. 23 Sep 2007
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Infosys to tackle sub-prime crisis, raise rates IT bellwether Infosys Technologies is all geared up to tackle the challenges posed by sub-prime crisis in the US and the rapid appreciation of the Indian rupee against the U.S. dollar even as it announced that it would hike new contract rates by 3-4 percent. 31 Aug 2007
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Infosys opens development center in Mexico India's leading software firm and IT bellwether Infosys Technologies has announced the incorporation of its first Latin American subsidiary and the opening of its development center and office in Monterrey in Nuevo León, Mexico which would provide business consulting and information technology services for clients in all industries, including banking, financial services and retail. 28 Aug 2007
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Infosys to open BPO in Mexico Indian IT bellwether Infosys Technologies said it would open a BPO facility in Nuevo León, Mexico, its first in Latin America, and is also exploring opportunities in other countries to start such units. 13 Aug 2007
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Infosys, Canadian Pacific ink IT outsourcing deal Bangalore-based IT bellwether Infosys Technologies has bagged a multi-year contract from Canadian Pacific (CP) to provide Modular Global Sourcing services for its information technology organization, Business and Information Technology Services (BITS). 09 Aug 2007
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Infosys, Philips ink $250 million BPO deal Bangalore-based IT bellwether Infosys Technologies has bagged a $250 million (€180 million) contract from Royal Philips Electronics NV which will include Infosys taking over Philips' finance and administration business process outsourcing (BPO) centers spread across three countries – India, Poland and Thailand - for $28 million. 26 Jul 2007
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Top Indian IT majors earn $17 billion Top Indian IT firms, including Wipro, Tata Consultancy Services (TCS), Infosys, Satyam, HCL Technologies, Teledata Informatics, Redington India, HCL Infosystems, Tech Mahindra, Patni Computer Systems and Moser Baer, have cumulatively earned $ 17 billion in 2006-07, with top 20 IT firms operating in India including HP, IBM, Ingram Micro, Oracle, Cognizant, Cisco, Intel, Microsoft and Lenovo registering a revenue of $11 billion, a 39 percent year-on-year growth in revenue, a survey has revealed. 20 Jul 2007
Infosys CEO to step down, make way for 'new blood' In keeping with its tradition of passing on the leadership position, IT bellwether Infosys Technologies CEO and managing director Nandan M. Nilekani will step down, making way for its current COO S. Gopalakrishnan (Kris), effective June 22. 16 Apr 2007
