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
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
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 ...
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India's second-largest IT services company assessed these engineers on March 18, after indefinitely postponing the assessment last month
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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 ...
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
The company, in February, said the third attempt of the Generic FA2 assessment was being rescheduled to allow the employees more time to prepare