Infosys to award five top Indian scientists Rs.5 mn each

March 27th, 2009 NEW DELHI - RMSI, a leading player in the global geospatial information and software services industry, has been conferred the 'CII Corporate Wellness Award'. The award, constituted by the Confederation of Indian Industry (CII) in partnership with the Apollo Group of Hospitals and Apollo DVK, was presented by Jammu and Kashmir Chief Minister Omar Abdullah at the CII annual national conference.

September 15th, 2009 MYSORE - Congress President Sonia Gandhi on Tuesday attributed nation's success in the field of Information technology to the Indian talent, ingenuity and hard work. She was speaking after inaugurating the Infosys technology campus in Mysore.

May 8th, 2009 BANGALORE - Indian IT firms would not be impacted by the tax reform proposal of US President Barak Obama, Infosys Technologies chairman and chief mentor N.R. Narayana Murthy told President Pratibha Devisinh Patil Friday.

January 12th, 2009 BANGALORE - Infosys Technologies Ltd. has posted net profit of Rs.16.41 billion (Rs.1,641 crore) for the third quarter (October-December) of this fiscal (2008-09), registering 33.3 percent year-on-year (YoY) growth and 14.6 percent sequentially under the Indian accounting system.

May 22nd, 2009 In a recession hit period, where companies are downsizing to overcome the crisis, Indian software major Infosys plans to hire about 1,000 people in the US within a year and a half. Infosys Chief Executive, Kris Gopalakrishnan while attending Microsoft's CEO summit held in Seattle this week announced that the company is planning to add more than 100 employees as a part of a big US expansion in anticipation to the growth resuming in 2010.

September 29th, 2006 Eligibility To be eligible for CNN Citizen Journalist Award, a participant: must be a citizen and resident of India; should not be a professional journalist, a freelance journalist or an employee of any media / publishing / broadcast or online news organization; and must be more than 18 years of age. How can you compete for CNN Citizen Journalist Award? The winner of the Competition will be chosen from among those persons who, prior to 30 September 2006.

July 17th, 2006 Scientists of the Indian Council of Agricultural Research (ICAR) have succeeded in developing an indigenous vaccine against bird flu (H5N1 virus). This feat has been achieved by scientists working at the Bhopal-based High Security Animal Disease Laboratory (HSADL) in a record time of four months under a Rs 8-crore project.

January 12th, 2009 BANGALORE - Further depreciation of the Indian rupee during the third quarter (October-December) has forced Infosys Technologies Ltd. to marginally revise upwards its revenue guidance for this fiscal (2008-09) under the Indian accounting system and downwards under the new international financial reporting standards (IFRS).

August 6th, 2009 BANGALORE/BOGOTA - Bangalore-based software major Infosys Technologies Ltd and Bancolombia today announced that Bancolombia, the largest universal bank in Colombia and among the top 500 banks globally, has selected FinacleTM Universal Banking Solution to power its operations in Colombia and its international subsidiaries. Bancolombia has a strong market share in the South American retail, corporate, credit cards, investment banking and housing loan sectors.

April 18th, 2009 Though the financial sector has started showing some signs of recovery from the global meltdown, the IT industry in the country will take some more time to regain the growth momentum, a top industry official said here saturday. 'The crisis started in the financial sector and recovery also seems to be happening first in that sector,' S.

February 25th, 2009 BANGALORE - Indian IT bellwethers Infosys Technologies and Wipro Wednesday expressed confidence that the US would not take any measure that would hurt its global competitiveness. Reacting cautiously to US President Barack Obama's remarks on outsourcing Tuesday, Infosys said outsourcing had enhanced the competitiveness of US corporations and had created more jobs within the US economy.

June 25th, 2009 NEW DELHI - The government Thursday appointed Nandan Nilekani, co-chairman of software giant Infosys, as the chairperson of the Unique Identification Authority -- constituted to provide identity cards to Indian citizens. Nilekani, who has been given the rank and status of a cabinet minister, will step down from the Infosys board.This is a project of national importance.

March 24th, 2009 MELBOURNE - Bangalore-based software giant Infosys will pick up most of IBM Global Services' multi-million dollar applications support contract with Australian software giant Telstra, after the latter's deal with the former was scrapped following TELCO reducing its outsourcing partners from four to two. According to The Australian, the decision to shift from IBM to Infosys could result in hundreds of job losses locally and in Bangalore, where IBM operates outsourcing centres.

February 12th, 2009 COLOMBO - Sri Lanka's President Mahinda Rajapaksa Friday appointed N.R. Narayana Murthy, chairman of India's Infosys Technologies, as his international advisor on information technology, the president's office said.

March 2nd, 2009 BANGALORE - Umesh Krishnan, a 27-year techie employed with IT bellwether Infosys Technologies, was robbed and suffocated to death early Monday by a gang of four suspected dacoits at his house in the city's eastern suburb, the police said. 'The incident happened in the wee hours when Krishnan was attacked by the gang, which barged into his house and gagged his mouth and nose with cello tape,' city joint commissioner Alok Kumar told IANS.