Page 10 - Infosys

Infosys to hold trainee assessment on March 18 after postponement

The company, in February, said the third attempt of the Generic FA2 assessment was being rescheduled to allow the employees more time to prepare

Ex-CEO's daughter Shruti Shibulal ups Infosys stake with ₹469 cr share buy

Co-founder and former CEO SD Shibulal's daughter Shruti Shibulal acquired 2.98 million shares at an average price of ₹1,574 per share

Nandan Nilekani's master key to help unlock India's $8 trillion future

Nilekani believes the combination of AI, smartphones will help unlock digital access, but challenges like income disparity remain; Nilekani's 'The Great Unlock' aims to overcome these barriers

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector

Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.

About 19% of AI use cases deliver business value, says Infosys report

The research also showed a strong link between AI success and the changes a business makes to its operating model and data structure

India must adopt frugal innovation in AI like DeepSeek: Mohandas Pai

Pai highlighted that Indian companies should focus on developing vertical large language models (LLMs) for domains like financial services, healthcare, and high-tech manufacturing

Nifty IT tanks 3%; Wipro, Infy slide up to 6% on Motilal Oswal downgrade

The Nifty IT index hit its lowest level since June 28, 2024, and has declined 17% thus far in the calendar year 2025, as compared to 5% decline in the Nifty 50.

US Recession? Nifty IT can tank another 10%; key levels on tech stocks here

IT stocks were seen trading in oversold zones at current levels; despite this technical charts suggest that Infosys, TCS, HCL Technologies and Tech Mahindra could slip up to 13% from here on.

'Secrecy around AI models limits innovation': Infosys co-founder Nilekani

Nilekani highlighted the need for high-quality datasets, especially in Indian languages, to support AI growth in India

Stocks to Watch: Indigo, Infosys, Blue Star, Biocon, Britannia, 63 Moons

Share market today: IndiGo Airlines has emerged as the world's second fastest-growing airline in terms of seat capacity, with a 10.1 per cent increase in 2024

Explained: Why Infosys, Cognizant are battling it out in a US court

Infosys and Cognizant are locked in a legal battle over trade secrets, anti-competitive practices, and executive poaching in healthcare IT. Here's a deep dive

Mysuru layoffs: NITES threatens protest; Infosys defends testing norms

Pune-based IT workers union NITES on Wednesday said it will not hesitate to start a protest along with trainees, who were laid off recently by Infosys, if the government does not take "appropriate" action. Infosys said that every trainee joins with full understanding that performance evaluations are key part of their progress, and asserted that all eligible trainees (over 98 per cent) have received their relieving letter upon separation, along with outplacement services, severance pay, counselling, among other measures. Nascent Information Technology Employees Senate (NITES) in a statement on Wednesday said, "...we will continue to stand with these employees until they receive the fairness and dignity they deserve. Today we are politely requesting the authorities for justice, but if the government will not take appropriate measures then NITES along with all the employees will not hesitate to start a massive protest outside Infosys campus." NITES emphasised it is imperative that ...

Down 15% from record high; Nifty IT, 5 tech shares can dip 15% more: charts

Technical outlook on Nifty IT, large-cap technology stocks: The IT index along-with Infosys, TCS, HCL Technologies, Tech Mahindra and Wipro look poised for further losses from present levels.

Infosys delays trainee assessment amid fresher layoffs at Mysuru campus

India's second-largest IT services company had onboarded about 1,000 engineering graduates in October. Trainees get three attempts to clear the assessment, failing which they are asked to leave

Layoffs impact: Infy stock sinks below 200-DMA after 8 months; what next?

Infosys share price outlook: Infy was seen testing the 200-DMA for the first-time since June 2024; technical chart hints at further 9% downside risk for the stock.

IT stocks: Nifty IT index slips over 2% on fears of slowing US economy

At 9:57 AM, the Nifty IT index was trading lower by 2.30 per cent, at 39,612. It touched an intra-day low of 39,465.75 during the session so far.

Infosys denies forced layoffs in Mysuru, says cooperating with labour dept

IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, Chief Human Resources Officer at Infosys, however, conceded that assessment failure percentages this time around have been "slightly higher" than in the past but dismissed charges that the tests had been designed for failure. On whether the layoffs would severely dent Infosys' brand as the company goes out to campuses for FY26 hiring, he said that plans to hire 20,000 freshers for next fiscal are on track and they should have nothing to worry about as they will get one of the best corporate training. Responding to allegations that testing parameters, assessment criteria and syllabus were altered and intimidation tactics were resorted leading to the 300 plus terminations at Mysuru campus recently, ...

After recent layoffs, Infosys defers internal assessments for trainees

Close on the heels of an outcry over recent layoffs of more than 300 freshers in its Mysuru campus, Infosys has now postponed, by a week, internal assessments scheduled for trainees. The company has, however, asserted that the deferment is aimed at giving them additional time for preparation. IT employee union Nascent Information Technology Employees Senate (NITES), meanwhile, claimed that the assessment meant for 800 trainees was postponed due to its intervention, "unwavering fight against unfair layoffs", as well as government action. Countering this, Infosys, in a statement, said it had not received any requests from the government or external parties to postpone assessments. "We are deferring our assessments by a week to provide additional preparation time for our trainees," Infosys said. Last week, the Bengaluru-headquartered IT services company had laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments aft

Infosys to establish GCC for Lufthansa to drive digital transformation

The move shows how global airlines have been setting up GCCs in India over the last few years

Infosys mass layoffs: Centre orders Karnataka to take 'urgent action'

IT workers' labour body NITES filed an official complaint with the labour ministry after Infosys laid off more than 350 trainees at its Mysuru campus