Leveraging cloud, data, artificial intelligence, and cybersecurity solutions, Infosys will help Yorkshire Building Society achieve its 2030 strategic plan
The comprehensive AI suite is powered by Infosys Cobalt cloud offerings and Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI
IT company says recruits failed to meet qualifying criteria and were given three chances
TCS and Infosys did most of the net hiring in the last financial year, followed by Tech Mahindra while Wipro added very few people
This marks a shift in how cost savings are achieved in traditional IT projects, popularly known as the run-side
Shares of Infosys climbed over 2 per cent on Monday after the company's March quarter net profit rose 3.3 per cent sequentially. The stock bounced back after a muted beginning and rallied 3.61 per cent to Rs 1,471.50 in intra-day trade on the BSE. It finally ended at Rs 1,450.45, up 2.13 per cent. Shares of the firm climbed 2.07 per cent to Rs 1,449 apiece on the NSE. The company added Rs 12,563.63 crore, taking its market valuation to Rs 6,02,410.10 crore. The 30-share BSE Sensex jumped 855.30 points or 1.09 per cent to settle above the 79,000 mark at 79,408.50. The NSE Nifty climbed 273.90 points or 1.15 per cent to close at 24,125.55. India's second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter, mainly on account of compensation to employees and acquisitions during the reported period. It had posted a profit (attributable to owners of the company) of Rs 7,969 crore in the year-ago ...
Technical charts suggest that IT major shares - Infosys, TCS and Wipro can potentially bounce back up to 18% from present levels; here are the key levels to watch out for.
Infosys' stock rose as much as 3.04 per cent during the day to ₹1,462.7 per share
Stocks to Watch on Monday: HDFC Bank, ICICI Bank, Infosys, Yes Bank, HDFC Life, BHEL, Coal India and Jio Financial Services are among the stocks to watch today, April 21, 2025
The first round of terminations happened in February when the company let go of 320 trainees on similar grounds
Narayana Murthy's 17-month-old grandson Ekagrah Murty is set to receive ₹3.3 crore from Infosys dividends, entering India's youngest millionaire club
The layoff comes a day after the IT major announced its plan to hire 20,000 fresh engineering graduates this fiscal year amid prediction of weaker than expected revenue growth
Infosys signals weak FY26 after muted Q4 result
It remains to be seen how this hiring will pan out, which will largely depend on project ramp-ups and more deal inflows. Any further deterioration may force the companies to proceed with caution
Infosys reports 12% fall in Q4 net profit to ₹7,033 crore; announces ₹22 dividend and highlights AI, cloud, and automation focus for FY26
India's second largest IT company Infosys' board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD Salil Parekh. These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore. In a recent filing, the company said the board, based on the recommendations of the Nomination and Remuneration Committee, approved the said annual grants to Parekh, as per his employment agreement approved by shareholders. Among them is "grant of annual performance-based stock incentives (Annual Performance Equity Grant) in the form of Restricted Stock Units (RSUs) covering company's equity shares having a market value of Rs 34.75 crore as on the date of the grant under the 2015 Stock Incentive Compensation Plan (2015 plan)". This, Infosys said, would vest 12 months from the date of grant subject to achievement of performance targets as determined by the board. The nod also includes grant of annual
Q4 FY25 results today, April 17: Infosys, Jio Financial, HDFC Life and Tata Elxsi among 12 firms to release earning report for the January-March quarter
Infosys stock was quoting at ₹1,385, down 1.99 per cent compared to previous day's close of ₹1,413.10 on the National Stock Exchange
Infosys has leased the space "in need of office space for the purposes of carrying out the permitted business therefrom," the registration document said
The information technology bellwether will report its earnings for the quarter ended March on April 17, Thursday