Page 15 - Infosys

'Buy' Infosys to best play IT sector revival, say analysts post strong Q3

Despite Infosys posting better than expected results for the third quarter of the financial year 2024-25 (Q3FY25), its stock price heavy profit booking, dropping 5.89 per cent

Stock Market Close Highlights: Sensex sheds 423 points, Nifty at 23,203; RIL up 3%, Infosys slips 6%

Market LIVE: Markets in India are likely to open on a cautious note today, following mixed global cues as investors focus on companies reporting December quarter results

What's dragged Sensex nearly 800 pts lower after 3 days of gains? Details

From Donald Trump's inauguration on Monday to FII selling here are a few reasons that Indian equities are down today

Nifty IT index slips 3%; Infosys, LTIMindtree slip up to 6% post Q3 results

According to Motilal Oswal Financial Services, Infosys and LTIMindtree, both companies with a high discretionary tilt, have provided a more cautious view on discretionary-spend recovery

Infosys Q3 results: Net profit rises 11.4% to Rs 6,806 cr, revenue up 7.6%

The company revised its revenue growth forecast upwards to 4.5-5 per cent, from 3.75-4.5 per cent

H1B visa dependence lowered: Infosys confident of resilient business model

Days after HCLTech said it has lowered reliance on H1B visas, Infosys on Thursday reported a significant decrease in its dependence on this visa category and exuded confidence in its "resilient" operational model. "Over the years, our dependence on H1B visas has reduced significantly. First and foremost, our onsite mix has reduced significantly -- we used to be in the 30 per cent range, (but) we are now at the 24 per cent range. Within that, our near shore has increased significantly. "Within the US-onsite population that we have, our H1 independent folks are now at 60 plus percentage. We have now built a pretty resilient model from that perspective. We are, therefore, much more confident from where we are versus where we used to be earlier," Infosys CFO Jayesh Sanghrajka said. On Monday, HCLTech said that around 80 per cent of its workforce in the US comprises local hires, making its dependence on H1B visas among "the lowest in the industry". "...If I look back over the last 4 odd

Stock Market Close Highlights: Sensex up for third day, gains 319 pts; Nifty at 23,312; banks shine

Markets Today LIVE: Markets in India are expected to open higher following a strong showing on Wall Street after a lower-than-expected core inflation reading there

Infosys Q3 Preview: Profits may jump by 11%, revenues to rise by 6%

Indian information technology (IT) company, Infosys, is scheduled to deliver its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) on Thursday, January 15, 2025

Now, Infosys' AI innovations let you step into virtual Australian Open 2025

Infosys and Tennis Australia unveiled AI-driven innovations for the 2025 Australian Open, enhancing fan engagement, player insights, and digital interactivity with novel technologies

Infosys countersues Cognizant, its CEO in battle over misuse of information

Infosys, which filed this suit in the Northern District of Texas, has requested a jury trial and demanded triple the damages it claims to have suffered

Infosys joins hands with Andhra for skill census of 35 million people

The project will cover people, between 15 to 59 years, across 1.8 crore households. The census is also to identify the skill sets that industries require

Infosys, HCL set to address business outlook under Donald Trump presidency

US-listed peer Accenture Plc raising its revenue outlook last month showed greater deal flow from widespread generative-artificial intelligence adoption

Numeros Motors to launch electric two wheeler in Bharat Mobility Expo

Engineered to redefine clean mobility, the platform is available in three variants: Diplos Max, Diplos Pro and Diplos I-Pro

Tech giants Infosys, TCS among top 5 global H-1B visa beneficiaries

Account for over 41% of visas along with Cognizant, HCLTech

Sensex sinks 1,150pts, Nifty dips below 23,900: What's behind market crash?

The key benchmarks - Sensex, Nifty faced another bear attack on Thursday, with the BSE Sensex crashing 1,162 points or 1.44 per cent to its intraday low of 79020

Mamata Banerjee inaugurates Infosys development centre in Kolkata

IT giant Infosys on Wednesday inaugurated a development centre built at a cost of Rs 426 crore at New Town near here. Inaugurating the development centre, Chief Minister Mamata Banerjee said, "This is a New Year gift to West Bengal". "This centre of Infosys will help other IT companies to come to West Bengal. West Bengal is a leading IT state in the country. Nearly 2,200 IT companies have presence in the state, including big ones like TCS, Wipro, IBM and Accenture," she said. The chief minister also said it is a historic day for the state. Banerjee said, "We wanted Infosys in the state and the company fulfilled our dreams." The chief minister said a new Silicon Valley is coming to New Town on 200 acres with the potential to create 75,000 jobs involving an investment of Rs 27,000 crore. "Twenty-eight companies have already started work with 11 data centres coming up," she said. The Infosys campus, built on 50 acres, will have an employment potential of 4,000 IT professionals. Ba

70-Hour Workweek? Narayana Murthy’s Bold Vision for India’s Future

Infosys co-founder Narayana Murthy is making headlines with his call for a 70-hour workweek.

Narayana Murthy bats for tech, cautions against 'unsupervised learning'

While addressing the Chamber, Murthy also urged entrepreneurs to embrace "compassionate capitalism"

Nifty IT hits life high, tops 46,000; why are IT stocks in demand today?

The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices

Ajit Mishra of Religare Broking suggests these three stocks to buy today

Stocks to Buy Today: Infosys share price has recently broken out of a three-month consolidation phase and reclaimed its all-time high. We expect this upward momentum to persist