Stocks to Watch: Inox Green Energy Services will make its debut on the bourses today. The issue price has been fixed at Rs 65 per share
According to the technical analyst from Anand Rathi, Infosys can be sold with a stop at Rs 1,630, while Redington is expected to rally to Rs 178.
The Infosys Prize focuses on the achievements of the recipients and awards them for their contributions to science and research impacting India
Some of the other 'digital / new-age' companies debuted at a steep valuation compared to the traditional technology firms. The rally fizzled out as they failed to make a decent profit
Centre will offer solutions for lowering costs, productivity, and customer experience: Company
This is in line with its Chief Executive Officer (CEO) Salil Parekh's announcement in October that the company will continue its flexible approach in calling the employees back to the office
IT firms are increasingly resorting to background verification firms for additional checks on employees for moonlighting, says report
A portfolio of richly valued RoE stocks is expected to outperform the broader market over the longer term.
The duality between the ground reality of tangible unemployment and the perception created by events like "rozgar melas" will likely continue till the next general election
Kamath served as Chairman of Infosys. In 2015 he was appointed as the first President of the New Development Bank set up by the BRICS countries from where he retired in 2020
Business Standard brings you the top headlines at this hour
Slow growth rate and execution challenges impact Cognizant Q4 performance
Cognizant Technology Solutions has introduced a one-time, 'two merit cycles' for calendar year 2022 (CY22) for its employees to arrest attrition
The startup, based both in Boston and Bangalore, gets a real-time view of how people in teams get work done by using machine learning
Infosys will seek shareholders' nod for its proposed Rs 9,300 crore share buyback between November 3 to December 2 through postal ballot, the company said in a regulatory filing. The Infosys board on October 13 had announced a share buyback of Rs 9,300 crore via the open market route, for a price not exceeding Rs 1,850 per equity share. "...the Company is required to obtain the approval of its Members for the Buyback by way of a special resolution through Postal Ballot or at a general meeting by providing the facility to Members to vote by electronic means. Accordingly, the Company seeks your approval for the Buyback through this Postal Ballot Notice," the filing said. The board decided to return approximately 85 per cent of the free cash flow cumulatively over a five-year period through a combination of semi-annual dividends, share buyback, special dividends etc. "The Company has engaged the services of NSDL for the purpose of providing e-voting facility to all its members. The ..
Software giant Infosys declared an interim dividend of Rs 16.50 per equity share for shareholders for 2022-23, while Akshata Murthy, wife of UK PM Rishi Sunak, will get a dividend of Rs 64.27 crore.
IBM has asked its employees to refrain from engaging in a second job or gig in any capacity and has declared it as against the company contract
With many in India expressing their happiness, including Sunak's father-in-law and founder of Infosys Narayana Murthy, Congress leader Shashi Tharoor has stirred up a storm on Twitter
Akshata Murty, Britain's incoming Prime Minister Rishi Sunak's wife whose tax status on income from outside the UK had triggered a controversy, earned Rs 126.61 crore (USD 15.3 million) in dividend income in 2022 from her shareholding in India's second-largest IT firm Infosys. Murthy, daughter of Infosys co-founder Narayana Murthy, held 3.89 crore shares, or 0.93 per cent, of Infosys at the end of September, according to company filings with the stock exchanges. Her holding is worth Rs 5,956 crore (about USD 721 million) at Tuesday's trading price of Rs 1,527.40 on the BSE. Infosys paid Rs 16 per share final dividend for 2021-22 fiscal on May 31, this year. For the current year, the firm this month announced an interim dividend of Rs 16.5, according to the company's stock exchange filings. The two dividends totalled Rs 32.5 per share or Rs 126.61 crore for Akshata. Infosys is among the best dividend-paying companies in India. In 2021, it paid a total of Rs 30 per share dividend, w
Business Standard brings you the top headlines at this hour