Page 32 - Infosys

Stocks to Watch: SBI, HDFC twins, JSW Steel, Vedanta, TCNS, ITC, ABFRL

Stocks to watch on June 28, 2023: HDFC said the announced dates for its merger into HDFC Bank are tentative and subject to completion of certain formalities; JSW Steel could replace HDFC in Sensex

Infosys bags $454 mn deal from Danske Bank; to acquire bank's IT centre

IT major Infosys has bagged a digital transformation deal from Denmark-based Danske Bank estimated to be around USD 454 million for five years, the company said on Monday. As part of the strategic collaboration with Danske Bank, Infosys will acquire Danske Bank's IT centre in India, which employs 1400 digitally skilled professionals "Danske Bank, a leading Nordic bank, has selected Infosys as Strategic Partner to accelerate the bank's digital transformation initiatives with speed and scale. This collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernised technology landscape, powered by next-gen solutions," Infosys said. Nordics is a strategic market for Infosys and this collaboration further enhances our commitment to the region. "The estimated deal value is USD 454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times," the company ...

Infosys inks $454 mn deal with Danske Bank; to acquire its India IT centre

The deal is estimated at $454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times

Infosys signs $454 mn deal with Danske Bank to boost digital transformation

The deal is valued at $454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times

Stocks to Watch: IndusInd Bank, Ipca Lab, Infosys, ICICI Securities, RVNL

Stocks to Watch on June 26, 2023: The Hinduja Group is in talks to invest Rs 10,000 crore to hike its stake in IndusInd Bank, as per media reports

Learning to grow

Higher education needs to attract private funds

Infosys to provide certification in AI, generative AI skills on Springboard

IT services company Infosys on Thursday announced it has launched a free Artificial Intelligence (AI) certification training on Infosys Springboard Virtual Learning Platform. According to a statement, Infosys AI-first specialists and data strategists, responsible for delivering Infosys Topaz AI-first set of services, solutions, and platforms will help shape the curriculum, to arm learners with future-ready skill sets. Infosys will provide certification in AI and Generative AI skills, crucial for landing jobs, through Infosys Springboard Virtual Learning Platform, it said. The certification will offer a variety of courses that cover a slew of topics related to AI, including an introductory course on AI and Generative AI, with a focus on deep learning and natural language processing, and a masterclass on AI and the impact of Generative AI. Moreover, a customised course on 'Citizens Data Science' will aim to cover various aspects of the data science discipline, including Python ...

Generative AI may affect 1% of IT jobs in India, add $2-3 billion revenue

Expansion of the usage of AI may not necessarily mean job losses but it may play an increasingly significant role in how certain parts of these jobs are performed

Infosys, association of tennis professionals launch 'Carbon Tracker'

Infosys solution to enable ATP players to track and mitigate their carbon emissions from travel on the tour

Infy co-founder Nandan Nilekani donates $38.5 mn to alma mater IIT Bombay

Nilekani, who shot to prominence after founding the IT services pioneer Infosys, in 1973 joined what's become known as the country's pre-eminent engineering and technology learning institution

Tech employees most satisfied with their jobs, least likely to switch

This may be associated with their compensation and other benefits that the technology sector offers

Stocks to Watch today, June 15: Axis Bank, Infy, TCS, IOC, realty, Zee, REC

Stocks to watch on June 15, 2023: Shares of IT companies are likely to be in focus on Thursday after JP Morgan reiterated its negative stance and downgraded the sector to underweight.

Only 1-1.25% of Indian IT employees are above 50, more than 50% below 30

Only 1.1% of TCS employees are aged above 50 years. On the other hand, 52.69% of the company's employees are below the age of 30

Keytrade Bank selects Infosys Finacle suite for core banking transformation

The bank will subscribe to the Infosys Finacle suite in a software-as-a-service (SaaS) mode on the Microsoft Azure public cloud

Mcap of 6 most-valued firms fall by Rs 83,637.96 cr; TCS biggest laggard

Six of the top 10 most-valued firms suffered a combined erosion of Rs 83,637.96 crore in market valuation last week, with Tata Consultancy Services (TCS), Hindustan Unilever and Infosys taking the biggest hit, amid an overall tepid trend in equities. Last week, the BSE benchmark climbed 78.52 points or 0.12 per cent, while the Nifty gained 29.3 points or 0.15 per cent. The market valuation of TCS tumbled Rs 35,694.04 crore to Rs 11,74,720.15 crore, the most among the top 10 firms. Hindustan Unilever's valuation eroded by Rs 18,949.45 crore to Rs 6,19,281.77 crore and that of Infosys fell by Rs 13,549.34 crore to Rs 5,25,374.14 crore. The market capitalisation (mcap) of State Bank of India went lower by Rs 7,675.16 crore to Rs 5,16,378.05 crore and that of ITC tanked Rs 5,903.31 crore to Rs 5,44,906.44 crore. Bharti Airtel's mcap declined by Rs 1,866.66 crore to Rs 4,64,396.71 crore. However, Reliance Industries added Rs 18,233.31 crore taking its market valuation to Rs 16,79,156.

Google, IT firms try to lure employees with free food, reimbursements

Companies like Infosys, Tech Mahindra, and Persistent Systems are opening offices in smaller cities and are asking their local employees to report to these offices instead of the headquarters

Infosys second-worst performer on NSE Nifty 50 Index in 2023, shows data

Infosys's disappointing sales forecast for the current financial year added to the negative newsflow

Top-deck Indian IT companies need to rightsize bench size: Experts

To address this challenge, IT services companies can prioritise rightsizing their bench strength

Infosys grows footprint in the Nordics with new proximity centre in Norway

New centre is expected to enable Infosys to attract, re-skill, and upskill local talent to work on global opportunities through next-gen technologies like cloud, AI, IoT, 5G, and software engineering

Tata Group is India's most valuable brand, Infosys and LIC follow

With a value growth of 10.3% in 2023 as compared to 2022, Tata Group became the only Indian brand with a valuation of over $25 billion