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Stock Market & Financial Investment News

News Breaks
June 1, 2013
15:12 EDTINFYInfosys appoints N R Narayana Murthy as executive chairman of the board
Infosys announced that the company's board has appointed Mr. N R Narayana Murthy into the board and executive leadership of the company. The board approved appointing Mr. N R Narayana Murthy as Executive Chairman of the Board and Additional Director with effect from June 1. Mr. Murthy's election as a Director would be placed for the consideration of the Company's shareholders in the Annual General Meeting, AGM, on June 15. Subject to his election as a director at the AGM, the Board will take up in its meeting on June 15 the resolutions for convening an extraordinary general meeting within the requisite period, in order to seek approval from the shareholders for appointing him as the Executive Chairman and Whole-time Director for a period of five years commencing on June 1.
News For INFY From The Last 14 Days
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May 17, 2015
15:07 EDTINFYInfosys likely to spend cash on acquisitions rather than returns, Barron's says
Infosys is likely to spend its capital on additional acquisitions rather than shareholder returns, Barron's contends in its 'International Trader - Asia' column. Barron's notes that the company has targeted an 18% annualized rate of revenue growth and looks to deepen its presence in social, mobile, "big data," and cloud through buyouts. Reference Link

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