Business Standard

Infosys gains 4%, nears record high amid report Co may win Daimler deal

The deal involves transferring of 500-600 Daimler employees to the information technology (IT) firm, the report said.

Infosys
Premium

In the September quarter, Infosys saw its annualised employee attrition rate dipping to a low of 7.8 per cent

SI Reporter Mumbai
Shares of Infosys moved higher by 4 per cent to Rs 1,144 on the BSE in intra-day trade on Monday amid a report that the company has emerged as the front runner for a multi-year, $1.3 billion deal from Daimler.

The deal involves transferring of 500-600 Daimler employees to the information technology (IT) firm and is focused on infrastructure management services, networks, and data centres, The Times of India reported.

The stock was 3.5 per cent away from its record high level of Rs 1,185 touched on October 15, 2020.

Meanwhile, Infosys and ATP on Friday announced the renewal of their partnership for

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 23 2020 | 3:07 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com