Page 12 - Infosys

More layoffs: Infosys fires 240 trainees, offers free skill training

The first round of terminations happened in February when the company let go of 320 trainees on similar grounds

Narayana Murthy's 17-mth-old grandson earns ₹3.3 cr from Infosys dividends

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

Infosys lays off 240 trainees who failed to clear training programme

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 Q4FY25 results: Net profit declines 11.7% to ₹7,033 crore

Infosys signals weak FY26 after muted Q4 result

IT major Infosys to hire 20,000 fresh engineering graduates in FY26

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 Q4 net profit drops 12% to ₹7,033 crore; revenue rises 7.9%

Infosys reports 12% fall in Q4 net profit to ₹7,033 crore; announces ₹22 dividend and highlights AI, cloud, and automation focus for FY26

IT major Infosys approves Rs 51 crore ESOP grants for CEO Salil Parekh

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 results today: Infosys, HDFC Life among 12 to post results on Apr 17

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 slips 2% ahead of Q4 results; analysts expect muted guidance

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 leases 1.3 lakh sq ft of office space at Pune's Embassy Tech Zone

Infosys has leased the space "in need of office space for the purposes of carrying out the permitted business therefrom," the registration document said

Infosys Q4 Preview: Profit likely to dip 1.5% as margins set to contract

The information technology bellwether will report its earnings for the quarter ended March on April 17, Thursday

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

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 ...

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

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

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 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

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

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

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