Page 5 - Infosys

No Infosys employee apprehended by US authorities: CEO Salil Parekh

Infosys CEO and Managing Director Salil Parekh on Wednesday clarified that no employee of the IT major has been apprehended by US authorities, dismissing viral social media reports about a purported deportation of a staffer. During the company's Q3 earnings call, Parekh, responding to a specific question, said the rumours that had been circulating online over the past few days. "No Infosys employee has been apprehended by any US authority. A few months ago, one of our employees was denied entry into the US and was sent back to India," Parekh said. The clarification comes in the wake of a post on social media platform X by a user named Chetan Anantharamu, which went viral earlier this week. The post narrated what Anantharamu described as a "wild wild story" involving an Infosys employee from Mysuru who was allegedly on-site for a project in the United States. According to the post, the employee was purportedly "picked up by ICE (Immigration and Customs Enforcement) agents and given

Infosys Q3 result: Net profit falls 2% to ₹6,654 crore; revenue up 8.9%

The total income for Q3FY26 came in at ₹46,618 crore, compared to ₹42,623 crore year-on-year (y-o-y)

Stock Market Close: Sensex down 245 pts, Nifty at 25,666; IT, realty top losers, metals outperform

Sensex Today | Stock Market LIVE Updates, Jan 14, 2026: On BSE, Tata Steel, NTPC and Axis Bank were top gainers, while Asian Paints, TCS and Maruti Suzuki were top drags.

Q3 result: Infosys, HDFC AMC, ICICI Prudential AMC among 25 firms on Jan 14

Q3FY26 company results: Firms including Groww, Anand Rathi Share and Stock Brokers, Aditya Birla Money, and Den Networks are also to release their July-September earnings reports today

Stocks to Watch today, Jan 14: Infosys, ICICI Lombard, Tata Elxsi, IOB

Stocks to watch on January 14, 2026: Stocks like Infosys, ICICI Prudential Asset Management, Union Bank of India, ICICI Lombard General Insurance Company, Tata Elxsi and 5paisa Capital will remain in

Work-life balance tops job wish list for India's Gen Z: What they want

The preference becomes even more pronounced among older Gen Z professionals

Infosys Q3 preview: Revenue may rise 2% QoQ; Project Maximus to aid margins

Infosys Q3 results preview: Brokerages tracked by Business Standard estimate Infosys to report a net profit on average at ₹7,315.83 crore as compared to ₹6,822 crore Y-o-Y, up 7 per cent

Stocks to Watch today, Jan 8: Cipla, Tata Steel, Meesho, Shriram Fin, MCX

Stocks to Watch today, January 8, 2026: From Tata Steel to Cipla, here is a list of stocks that will be on investors' radar

IT companies double down on work from office rules amid AI disruption

Experts say a slow growth environment and shorter project life cycles in the age of artificial intelligence (AI) have made these firms double down on office presence and being closer to their clients

Infosys ties up with AWS to scale enterprise use of generative AI

The move focuses on combining Infosys Topaz, an AI-first set of services and platforms using GenAI technologies, and Amazon Q Developer, AWS's generative AI-powered assistant

IT cos eye CY26 rebound as AI demand outweighs Q3 weakness: Motilal Oswal

After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.

Earnings revival to boost Indian equities in CY26; SBI, Infy top MOFSL bets

Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.

Indian IT faces near-term headwinds; Antique picks top three stocks

Antique expects near-term moderation in technology spending in the US, given subdued consumer confidence and cautious end-demand trends

Infosys offers ₹21 lakh entry-level packages: What freshers need to know

Infosys has raised fresher salaries to as high as ₹21 lakh per annum for specialised technology roles as part of its AI-first strategy, expanding early-career hiring and targeting 20,000 graduate recr

Nifty IT index rallies to 5-month high, Infosys gains 3%; here's why

Since October 2025, IT index has rallied 17 per cent, as compared to 6 per cent rise in the Nifty 50.

Stocks to Watch today, Dec 22: Granules, Infosys, Tata Steel

Stocks to Watch today, Dec 22: Varun Beverages, KEC International, PVR Inox, Rites, Tech M, and Crompton Greaves are some of the other stocks to watch today

Infosys shares hit an over 9-month high as US subsidiary settles lawsuit

Infosys share price gained over 3 per cent, recording its best intraday gain since November 19 as Infosys McCamish Systems LLC received a final approval from the US court for its settlement agreement

Mcap of 6 most valued firms climbs ₹75,257 cr; TCS, Infosys biggest winners

The combined market valuation of six of the top-10 most-valued firms climbed Rs 75,256.97 crore last week, with Tata Consultancy Services and Infosys emerging as the biggest winners. Last week, the BSE benchmark declined 338.3 points, or 0.39 per cent. While Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), State Bank of India, Infosys, and Larsen & Toubro were the gainers, HDFC Bank, ICICI Bank, Bajaj Finance, and Life Insurance Corporation of India (LIC) faced erosion from their valuation. The market valuation of Tata Consultancy Services (TCS) jumped Rs 22,594.96 crore to Rs 11,87,673.41 crore. Infosys added Rs 16,971.64 crore taking its valuation to Rs 6,81,192.22 crore. The valuation of State Bank of India climbed Rs 15,922.81 crore to Rs 9,04,738.98 crore and that of Reliance Industries edged higher by Rs 12,314.55 crore to Rs 21,17,967.29 crore. The market capitalisation (mcap) of Bharti Airtel advanced Rs 7,384.23 crore to Rs 11,95,332.34 crore and that

Nifty IT rises 1% as Infosys, TCS lead post Accenture's upbeat Q1 earnings

The Nifty IT index rose as much as 1.09 percent to 39,054.3 so far today. Most constituents of the Nifty IT were trading in green.

Accenture Q1 results signal steady outlook for Indian IT amid muted demand

Nomura said it prefers Infosys and Cognizant among large-cap IT services firms, Coforge in mid-caps and eClerx in small-caps.