Page 4 - Infosys Ltd News

No Infosys employee apprehended by US authorities: CEO Salil Parekh

Infosys CEO and Managing Director Salil Parekh on Wednesday clarified that no employee of the IT major has been apprehended by US authorities, dismissing viral social media reports about a purported deportation of a staffer. During the company's Q3 earnings call, Parekh, responding to a specific question, said the rumours that had been circulating online over the past few days. "No Infosys employee has been apprehended by any US authority. A few months ago, one of our employees was denied entry into the US and was sent back to India," Parekh said. The clarification comes in the wake of a post on social media platform X by a user named Chetan Anantharamu, which went viral earlier this week. The post narrated what Anantharamu described as a "wild wild story" involving an Infosys employee from Mysuru who was allegedly on-site for a project in the United States. According to the post, the employee was purportedly "picked up by ICE (Immigration and Customs Enforcement) agents and given

Infosys Q3 result: Net profit falls 2% to ₹6,654 crore; revenue up 8.9%

The total income for Q3FY26 came in at ₹46,618 crore, compared to ₹42,623 crore year-on-year (y-o-y)

Q3 result: Infosys, HDFC AMC, ICICI Prudential AMC among 25 firms on Jan 14

Q3FY26 company results: Firms including Groww, Anand Rathi Share and Stock Brokers, Aditya Birla Money, and Den Networks are also to release their July-September earnings reports today

Infosys Q3 preview: Revenue may rise 2% QoQ; Project Maximus to aid margins

Infosys Q3 results preview: Brokerages tracked by Business Standard estimate Infosys to report a net profit on average at ₹7,315.83 crore as compared to ₹6,822 crore Y-o-Y, up 7 per cent

Stocks to Watch today, Jan 8: Cipla, Tata Steel, Meesho, Shriram Fin, MCX

Stocks to Watch today, January 8, 2026: From Tata Steel to Cipla, here is a list of stocks that will be on investors' radar

Infosys ties up with AWS to scale enterprise use of generative AI

The move focuses on combining Infosys Topaz, an AI-first set of services and platforms using GenAI technologies, and Amazon Q Developer, AWS's generative AI-powered assistant

Nifty IT index declines 2.5% as sector braces for subdued Q3 growth

IT companies are projected to report subdued growth in the third quarter of FY26, as ongoing pressure on discretionary spending continues to impact the sector

IT cos eye CY26 rebound as AI demand outweighs Q3 weakness: Motilal Oswal

After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.

Earnings revival to boost Indian equities in CY26; SBI, Infy top MOFSL bets

Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.

Indian IT faces near-term headwinds; Antique picks top three stocks

Antique expects near-term moderation in technology spending in the US, given subdued consumer confidence and cautious end-demand trends

Infosys offers ₹21 lakh entry-level packages: What freshers need to know

Infosys has raised fresher salaries to as high as ₹21 lakh per annum for specialised technology roles as part of its AI-first strategy, expanding early-career hiring and targeting 20,000 graduate recr

IT stocks fall as US judge upholds $100k H-1B fee; check details

A federal judge, on Tuesday, said the Trump administration can move ahead with a $100,000 fee on new H-1B visa applications

Motilal Oswal sees FY26 earnings pick-up; financials, autos lead equities

The brokerage's analysis of its universe of stocks revealed that after a prolonged period of earnings cuts, companies are beginning to report earnings upgrades.

Nifty IT index rallies to 5-month high, Infosys gains 3%; here's why

Since October 2025, IT index has rallied 17 per cent, as compared to 6 per cent rise in the Nifty 50.

Stocks to Watch today, Dec 22: Granules, Infosys, Tata Steel

Stocks to Watch today, Dec 22: Varun Beverages, KEC International, PVR Inox, Rites, Tech M, and Crompton Greaves are some of the other stocks to watch today

Infosys shares hit an over 9-month high as US subsidiary settles lawsuit

Infosys share price gained over 3 per cent, recording its best intraday gain since November 19 as Infosys McCamish Systems LLC received a final approval from the US court for its settlement agreement

Data breach case: US court approves Infosys McCamish's $17.5 mn settlement

A US court has given its final approval for the proposed settlement of class action lawsuits against Infosys McCamish, according to a BSE filing by Infosys on Saturday. Under the proposed terms, Infosys McCamish Systems had agreed to pay USD 17.5 million into a fund to settle all the pending class action lawsuits related to a cybersecurity incident in 2023, which identified the Infosys subsidiary as the main source. If the settlement is not appealed within 30 days, "it will become effective and resolve all allegations made in the class action lawsuits without admission of any liability", Infosys said. In February 2024, Bank of America named Infosys McCamish Systems as the source of a data breach that it said affected 57,028 customers. As per the notification, the breach occurred on October 29, 2023, and was discovered on October 30 that year. The Bengaluru-headquartered IT major said the proposed agreement would settle all the pending class action lawsuits and resolve all allegati

Accenture Q1 results signal steady outlook for Indian IT amid muted demand

Nomura said it prefers Infosys and Cognizant among large-cap IT services firms, Coforge in mid-caps and eClerx in small-caps.

Top stock picks for December 18 by Religare Broking; check key levels here

The FMCG space continues to witness a mixed trend, with Britannia emerging as a relative outperformer, gradually trending higher over the past nine months.

Sensex cracks 533 pts, Nifty ends at 25,860; why markets fell today?

Stock Market Today: The BSE Sensex dropped to an intra-day low of 84,684, with Indian Rupee sliding to 91.05 versus the US dollar on Tuesday.