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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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Narayana Murthy explains why he wants 70-Hour Workweek 2024-12-16 08:04:56
Infosys co-founder Narayana Murthy has defended his statement about working 70 hours a week, once again. During his visit to Kolkata, which he described as the most cultured place in India, Murthy said young people need to understand that they...
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Infosys Stock Slide Erodes Family Wealth By Rs 1850 Crore In Minutes 2025-01-18 15:10:23
A 6 percent fall in Infosys shares on Friday reduced the wealth of co-founder N R Narayana Murthy's family by Rs 1.85 billion. The Murthy family together holds 4.02% stake in Infosys. After the reduction, the family's equity stood at...
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Economic Survey about office hours amid work-life balance debate 2025-01-31 15:07:35
The Economic Survey has highlighted the negative health impacts of working more than 60 hours per week, citing several studies. It notes that long work hours can be detrimental to mental well-being, with those working 12 or more hours daily...
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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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