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Page 11 - Infosys

Don't lose sleep over DeepSeek, says Infosys cofounder Nandan Nilekani

Speaking at the Carnegie Global Technology Summit 2025, Nilekani said that owing to the quick mass adoption of AI in India, developments in the technology will also be much faster

Don't lose sleep over DeepSeek, says Infosys cofounder Nandan Nilekani
Updated On : 11 Apr 2025 | 11:01 PM IST

Infosys expands partnership with AIB to drive digital transformation

Indian IT major Infosys on Wednesday announced the expansion of its partnership with AIB, a financial services group in Ireland and the United Kingdom, to deliver application development, testing, and support services. Infosys will assist AIB in improving its software systems and managing application development and maintenance, according to a company statement. "Building further on its 10-year relationship, Infosys will take on a renewed and expanded role to support AIB as it further accelerates its transformation initiatives and delivers support and value to its customers and stakeholders," the statement said. AIB Group Chief Technology Officer Graham Fagan said the extended collaboration seeks to progressively modernise the firm's technology and data capabilities. "By combining our collective expertise and experience, we will deliver on our customer-first commitment and enhance operational efficiency and resilience," he said. Infosys shares settled 1.76 per cent lower at Rs ...

Infosys expands partnership with AIB to drive digital transformation
Updated On : 09 Apr 2025 | 4:40 PM IST

LinkedIn's 2025 top companies in India: TCS, Accenture, Infosys top in list

Artificial intelligence, AI engineering and mobile application development are the most sought after skills at the top 3 Indian companies of 2025. They also offer opportunities for learning and growth

LinkedIn's 2025 top companies in India: TCS, Accenture, Infosys top in list
Updated On : 08 Apr 2025 | 6:41 PM IST

IT stocks under pressure: Nifty IT slips 7% on fears around recession

The Nifty IT index plunged amid recession-related fears due to US imposing 'reciprocal tariffs' on trading partners without showing signs of backing down

IT stocks under pressure: Nifty IT slips 7% on fears around recession
Updated On : 07 Apr 2025 | 12:55 PM IST

Infosys, TCS: Nifty IT slips 4% amid recession fears as US imposes tariff

The downturn in IT stocks can be attributed to fears around recession and as manufacturing hubs in China and Taiwan face new tariffs above 30 per cent

Infosys, TCS: Nifty IT slips 4% amid recession fears as US imposes tariff
Updated On : 03 Apr 2025 | 4:02 PM IST

Infosys sues Cognizant, claims unfair trade practices in US court fight

Infosys has escalated its legal battle against Cognizant, accusing the US-based firm of anti-competitive practices and monopolisation in the healthcare software market

Infosys sues Cognizant, claims unfair trade practices in US court fight
Updated On : 03 Apr 2025 | 3:24 PM IST

Here are 5 IT stocks that you can still bet on despite US recession fears

Sumit Pokharna, vice president for fundamental research at Kotak Securities suggests five IT stocks that investors can still bet upon from a long-term perspective

Here are 5 IT stocks that you can still bet on despite US recession fears
Updated On : 03 Apr 2025 | 2:00 PM IST

Stocks to Watch, March 28: BSE, Infosys, UltraTech, BEL, Jindal Steel, BEML

Stocks to Watch on Friday: BSE, Infosys, UltraTech, BEL, Jindal Steel, HCLTech, Max Financial and Asian Paints are among the stocks to watch today, March 28, 2025

Stocks to Watch, March 28: BSE, Infosys, UltraTech, BEL, Jindal Steel, BEML
Updated On : 28 Mar 2025 | 8:05 AM IST

Infosys lays off another 40-45 trainees out of 1,200 it hired in Oct-Nov

India's second-largest IT services company assessed these engineers on March 18, after indefinitely postponing the assessment last month

Infosys lays off another 40-45 trainees out of 1,200 it hired in Oct-Nov
Updated On : 26 Mar 2025 | 11:28 PM IST

Infy, TCS, HCL Tech: Are IT stocks due for a rebound? Charts say this

IT stocks such as Infosys, TCS, HCL Technologies, LTIMindtree and others have declined up to 37 per cent from the December highs and look oversold on the daily chart; here are the key levels to track.

Infy, TCS, HCL Tech: Are IT stocks due for a rebound? Charts say this
Updated On : 20 Mar 2025 | 10:28 AM IST

Stocks to Watch Today, March 17: IndusInd, NMDC, Muthoot Fin, Zydus Life

Stocks to Watch on Monday: Tata Communications, Signature Global, Power Grid, GR Infraprojects, Welspun Specialty, and Kolte Patil are among the top stocks to watch today, March 17, 2025

Stocks to Watch Today, March 17: IndusInd, NMDC, Muthoot Fin, Zydus Life
Updated On : 17 Mar 2025 | 7:13 AM IST

Mcap of 5 most valued firms declines by Rs 93K cr; Infosys, TCS hit hard

The combined market capitalisation of five of the top-10 most valued firms declined by Rs 93,357.52 crore, with IT giants Infosys and Tata Consultancy Services taking the biggest hit, in line with a weak trend in domestic equities. Last week, the BSE Sensex benchmark declined 503.67 points or 0.68 per cent, and the NSE Nifty fell 155.3 points or 0.69 per cent. The stock markets were closed on Friday on the occasion of Holi festival. Meanwhile, Infosys, Tata Consultancy Services (TCS), Hindustan Unilever, State Bank of India and Reliance Industries saw a decline in their market valuations. In contrast, ICICI Bank, HDFC Bank, ITC, Bajaj Finance and Bharti Airtel posted gains. The five firms together added Rs 49,833.62 crore in their market capitalisation. The market capitalisation (mcap) of Infosys dropped by Rs 44,226.62 crore to Rs 6,55,820.48 crore. The Mumbai-based TCS' valuation tumbled by Rs 35,800.98 crore to Rs 12,70,798.97 crore and slipped to the third place among the ...

Mcap of 5 most valued firms declines by Rs 93K cr; Infosys, TCS hit hard
Updated On : 16 Mar 2025 | 11:34 AM IST

Infosys to pay $17.5 million to settle data breach case in BPM unit

McCamish, bought by Infosys BPM in 2009, is a platform-based BPO firm that provides life insurance and retirement software solutions and service offerings in the US

Infosys to pay $17.5 million to settle data breach case in BPM unit
Updated On : 14 Mar 2025 | 9:59 PM IST

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

Infosys to hold trainee assessment on March 18 after postponement
Updated On : 13 Mar 2025 | 9:31 PM IST

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

Ex-CEO's daughter Shruti Shibulal ups Infosys stake with ₹469 cr share buy
Updated On : 13 Mar 2025 | 1:12 PM IST

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

Nandan Nilekani's master key to help unlock India's $8 trillion future
Updated On : 13 Mar 2025 | 9:34 AM IST

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.

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector
Updated On : 12 Mar 2025 | 10:39 PM IST

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

About 19% of AI use cases deliver business value, says Infosys report
Updated On : 12 Mar 2025 | 8:03 PM IST

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

India must adopt frugal innovation in AI like DeepSeek: Mohandas Pai
Updated On : 12 Mar 2025 | 7:15 PM IST

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.

Nifty IT tanks 3%; Wipro, Infy slide up to 6% on Motilal Oswal downgrade
Updated On : 12 Mar 2025 | 11:26 AM IST