Page 16 - Infosys

Nifty IT index hits record high on December 10: Here's what drove the rally

By 11:11 AM, the Nifty IT index had come off its peak but was still trading 0.82 per cent higher at 45,199.40. In comparison, the broader Nifty50 index was up a modest 0.11 per cent at 24,646.30

Why Nifty IT index fell 2% after two straight sessions of lifetime highs?

The weakness and profit booking in the IT stocks came after two consecutive days of the Nifty IT index hitting lifetime highs and making a new summit at 44,330.60 level on Wednesday

Stocks to Watch, Nov 27: Wipro, NTPC Green, JSW Steel, SAIL, Angel One

From NTPC to Wipro here is a list of stock that will be on investors' radar today

Infosys to give 90% bonus payouts to eligible employees for Q2 FY25

The Q2 bonus is also higher than the firm's Q1 FY25 bonus, which was around 80 per cent, and significantly higher than the 60 per cent bonus in Q4 FY24

AI will play a huge role in financial inclusion, says Nandan Nilekani

He also added that all the building blocks of digitisation in India have been created in a way that promotes financial inclusion

Nifty IT index down 2% on profit booking; TCS, Infosys, Wipro slip up to 3%

At 02:31 pm; Nifty IT index, the top loser among sectoral indices, was down 2.3 per cent, as compared to 0.43 per cent decline in the Nifty 50.

Sudha Murty praises son-in-law Rishi Sunak's 'good Indian cultural values'

Well-known author and Rajya Sabha MP Sudha Murty has spoken of her pride in son-in-law Rishi Sunak, a British citizen with good Indian cultural values imbibed from his parents' upbringing in the UK. Murty joined Sunak and her daughter Akshata Murty as the guest of honour at Bharatiya Vidya Bhavan's annual Diwali gala in London on Saturday evening. The parents of the British Indian former prime minister, Usha and Yashvir Sunak, were also in the audience as Bhavan UK students showcased a variety of Indian classical music and dance forms. I always believe when you are abroad, your parents must do two things: one is good education, which gives you wings in return and you can fly anywhere and settle; the second is great culture, your origin which is Indian origin or roots which you can get at Bharatiya Vidya Bhavan along with your parents, said Murty, delivering her keynote address. I want to congratulate Ushaji, my sambandhi and a good friend of mine, who gave her son Rishi Sunak, form

Narayan Murthy backs 70-hour workweek, ICC’s stand on Pakistan tour & more

Delhi’s Sarai Kale Khan Chowk has been renamed ‘Birsa Munda Chowk’ in honor of the freedom fighter on his 150th birth anniversary.

IT shares buck trend; Wipro, Infy, TechM gain 2%; Coforge hits new high

At 12:23 pm; the Nifty IT index was the top gainer among sectoral indices, up 1 per cent, as compared to 0.31 per cent decline in the Nifty 50.

AI, GenAI, most talked-about tech, still far from full enterprise adoption

Lack of frameworks in strategy, data, and tech slows AI adoption, says a latest report by Infosys Knowledge Institute

Nifty IT down over 3%: Why have IT stocks slipped in trade today?

Meta Platforms warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings report on Wednesday

Dividends, splits: Mazagon Dock, Crisil, 4 others to go ex-date tomorrow

Here is the complete list of companies whose shares will turn ex-date tomorrow along with their respective corporate announcements, and other key details

Dividend, Bonus: Infosys, RIL, 2 other stocks to remain in focus today

Here is the complete list of companies whose shares will turn ex-date tomorrow along with their respective corporate announcements, and other key details

Tech Mahindra boosts workforce by 6,653 in Q2, headcount climbs to 154,273

As of September, Tech Mahindra's employee count rose to 154,273 from 147,620 last quarter, while attrition slightly increased to 10.6 per cent, with IT attrition at 11 per cent

Market Today: GIFT Nifty sinks, Q2 results, Sinwar killed, Gold tops $2,700

At 6:30 AM, GIFT Nifty Futures were trading about 103 points lower at 24,741, suggesting a gap-down start for Indian markets.

Infosys raises FY25 revenue forecast on BFSI boost; Q2 net profit up 4.7%

Ups growth projection to 3.75-4.5%

Infosys boosts headcount by 2,456 in Q2, reversing earlier staff cuts

Infosys CFO said that the company intended to hire 15,000 to 20,000 employees in FY25

Infosys Q2 Preview: Co to lead Tier-I IT pack; profits may grow over 9% YoY

Analysts expect Infosys to log strong performance among its Tier-I IT peers, driven by large deal ramp-ups, integration of its subsidiary 'intech', and recovery in the banking and financial services

Pressure amps up on Infosys, Wipro likely to beat high expectations

The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous

Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption

IT giant Infosys on Wednesday announced expansion of its partnership with Microsoft to help drive global customer adoption of generative AI and Microsoft's cloud platform Azure. Additionally, Infosys will also act as a strategic supplier to support cloud and AI workloads for Microsoft's enterprise customers. It will infuse Microsoft's generative AI suite of offerings across its Solution IP portfolio to bring unique capabilities to market, helping clients achieve cost-efficiency, scalability, and agility, according to a regulatory filing. "Our expanded collaboration with Infosys will transform industries, enhance business operations, elevate employee experiences, and deliver new value for customers. Together, we will harness the power of generative AI to deliver innovative solutions, drive AI adoption and enable unprecedented innovation for customers," Nicole Dezen, Chief Partner Officer at Microsoft, said. The collaboration aims to provide innovative solutions that enhance customer