HSBC said that Nagavara Ramarao Narayana Murthy (you are right, N R N Murthy, Chairman and Chief Mentor of Infosys) will join its Board. N R Narayana Murthy will be an independent Non-Executive Director of HSBC Holdings Plc with effect from May 1, 2008 for an initial three-year term. He would be paid a Director’s fee of 65,000 pounds (about Rs 52 lakhs) per annum. [via hindu]
Infosys
Infosys to Set Up a Separate Company to Develop Software Products
Infosys is planning to set up a separate company focused on IT products, platforms and intellectual property-driven solutions as per the decision of its new management. The $6-billion company’ new move to establish a new company represents a focused shift to a higher value business. […]
Infosys
Infosys Q3 Results: $334M Profit; FY 2010 Expected Revenues $4.75B
Infosys announced results for the Quarter ended December 31, 2009. Q3 revenues sequentially grew by 6.8%. Revenues were $1,232 million and the Net Income after tax was $334 million. For the Quarter ending March 31, 2010, consolidated revenues are expected to be in the range of $1,240 million and $1,250 million; YoY growth of 10.6% to 11.5%. For the Fiscal year ending March 31, 2010, consolidated revenues are expected to be in the range of $4.75 billion and $4.76 billion; YoY growth of 1.8% to 2.0%. […]
Infosys
Finacle Advizor – Banking Self-Service Channel Solution from Infosys
Infosys Technologies recently launched Finacle Advizor, an integrated platform which empowers banks to deliver products and services through a fully assisted self-service channel using existing Internet banking capabilities. The Finacle Advizor provides banking customers a self-service channel, like the Internet, kiosk and ATM, for real-time access to their bank relationship, such as account inquiries, fund transfers, credit card and mutual fund payments and remittances. […]
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