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Infosys receives GST notice on tax evasion of Rs 32,403 crore 2024-08-01 09:06:10
The GST authorities have levied an assessment of Rs 32,403 crore on services received by Infosys from overseas subsidiaries for five years from 2017. In a filing to the stock exchanges, Infosys termed the notification as a 'cause-before-show' notification and...
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News about India's youngest Millionaire 2024-03-18 10:32:38
India's youngest millionaire in probability could be Ekagrah Rohan Murty, the four-month-old grandson of Infosys founder NR Narayana Murthy. In a recent exchange filing, it was disclosed that Ekagrah now holds 0.04 percent stake, equivalent to 15,00,000 shares, in Infosys....
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U.S. Firms Move Jobs to India Owing to Visa Curbs 2019-09-26 06:41:14
The stringent H-1B visa rules are affecting Indian immigrants in the United States extensively. A research paper by an academic revealed that the move to impose limits on H-1B visas by the successive American government has led to many U.S.-based multinational...
Keywords: US companies shift jobs offshore, visa curbs, India, India
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Rishi Sunak Named As The New UK Prime Minister 2022-10-25 10:28:18
Indian-origin and 42-year-old Rishi Sunak will take the oath as the new Prime Minister of the United Kingdom after Liz Truss decided to step down in just 44 days. Several Indian politicians, businessmen and celebrities congratulated Rishi Sunak on the...
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IT Sector Demand may be muted in short term: Experts 2024-05-30 15:31:45
The gloomy demand situation for Indian IT companies may continue in the short term, but analysts expect a pick-up that will drive growth in the sector in the medium to long term. Demand in the Indian IT sector is likely...
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Infosys 3rd Best Regarded Company in World: Forbes 2019-09-24 10:07:10
Indian Information Technology (IT) giant Infosys has been ranked as World’s third best regarded company, according to a list released by Forbes of the 2000 best regarded companies. While American financial services company Visa and Italian carmaker Ferrari is ranked...
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