Infosys has doubled its commitment towards COVID relief efforts to Rs 200 crore that will be used to add hospital beds and augment supply of oxygen concentrators, ventilators among other activities
The firm said this is part of efforts to support the country's economic recovery and growth.
Healthcare platform PharmEasy says 5 million individuals and 1,200 companies have already made a "soft commitment" to vaccinate themselves and their families
She succeeds U B Pravin Rao, COO, Infosys, to become the first woman to take on this role at Nasscom; Krishnan Ramanujam of TCS is Vice Chairperson
Together, the companies intend to explore opportunities using bp's energy and mobility expertise and Infosys' digital capabilities
Says firm has tied up with hospitals in several cities, where employees and their families can get vaccinated
Weak rupee, recovery in US, lower valuations and domestic market volatility are tailwinds
Employee exits could well impact their double-digit growth plans. Going by the commentary the top three IT services will hire over 75,000 campus freshers for FY22
Street expects an upward revision in growth guidance; valuation divergence with TCS to narrow
Overall, the Nifty Bank, Pharma, Metal, IT, Financial Services, and Private Bank indices ended up to 1.4 per cent higher
Despite the miss on sequential revenue growth, analysts remain bullish on Infosys as they believe underlying metrics should continue to aid the company's growth leadership in FY22
Motilal Oswal Securities expects Infosys to be a key beneficiary of a recovery in IT spends in FY22E
The board of Aditya Birla Capital has approved an initial public offer of its asset management business, Aditya Birla Sun Life AMC
FY22 revenue growth forecast at 12-14%
Firm says had also offered pay hikes to retain talent
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IT firm reports total contract value for FY21 of $14.1 billion, an all-time high
The company board also recommended a final dividend of Rs 15 per share for FY21
Infosys Q4FY21 preview: The company board will also consider a share buyback during a meeting on April 14. Following this development, the stock had hit a 52-week high of Rs 1,480 on the BSE on Monday
If the Nifty IT index manages to sustain above 27,200 levels, the upside bias may see a rally towards 27,800-mark in the upcoming sessions