Page 60 - Infosys

IT companies look set for strongest quarter in years, say analysts

Growth for the quarter will be driven by acceleration in digital technologies, improved demand in the aftermath of Covid, ramp-up in deal wins, and migration to Cloud

Eight of top-10 most valued firms add cumulatively over Rs 1.2 trn in m-cap

The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore

Infosys appoints Chitra Nayak as independent director

IT services major Infosys on Wednesday announced the appointment of former Salesforce executiveChitra Nayak as an independent director. Her appointment, effective March 25, 2021, is based on recommendation of the Nomination and Remuneration Committee of the Infosys Board, a regulatory filing said. The appointment is for a period of three years, subject to the approval of shareholders, it added. Nayak has over 25 years of professional experience in go-to-market, general management, and operations leadership roles at various organisations. She currently serves as a member of the board at Invitae, a medical genetics company; at Morneau Shepell, a tech-enabled HR services company; at Forward Air, a freight and logistics company; and at Intercom, a messaging platform company, the filing said. She also advises startups on go-to-market strategies. Most recently, she was the Chief Operating Officer (COO), overseeing the go-to-market strategy at Comfy, a real-estate tech startup. Previou

Accenture Q2FY21 earnings: Five ways in which it can impact Indian IT

Accenture's Q2FY21 revenue beat, bookings at historically high and improvement in demand trends even in stressed verticals were among the key highlights from Accenture's Q2 show

Nifty IT index slips over 4% on profit booking; Infosys, HCL Tech tank 5%

In the month of March, the IT index has outperformed the market by surging 7.7 per cent as against a 1.3 per cent gain in the benchmark index till Wednesday

IT shares in demand; Infosys, LTTS, Sonata Software hit record highs

Thus far in the month of March, the BSE IT index has rallied 10 per cent, against 3 per cent gain in the Sensex

TCS, Infosys: These IT stocks may help Nifty50 claim new high

An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index

$500 mn deal with Google pulls Infosys in focus; analysts see 35% upside

Even after a 164 per cent rally since its 52-week lows hit in March 2020, the Salil Parekh-led firm remains Credit Suisse top pick in the IT space

IT giant Infosys to double Canadian workforce to 4,000 by 2023

Infosys on Thursday announced that it would be bringing 500 jobs to Calgary over the next three years

Sun Pharma, ITC: Bet on these 5 defensive stocks to ride market volatility

With a strong up move on March 1, 2021, the stock of Sun Pharmaceuticals now needs to cross the resistance of Rs 620 mark to see a breakout rally towards Rs 640 and Rs 655 levels

Nine of top 10 firms lose nearly Rs 2.2 trillion in market valuation

Reliance Industries was the only scrip to post gains in its market valuation among the top 10 valued companies

Infosys took journey to become 'Live Enterprise' 3 yrs ago: Nandan Nilekani

Firm's chief says Live Enterprise is an idea of how companies will be run in the future and a lot of it has come out of Infosys' own experience over the last three years

Infosys McCamish acquires underwriting platform from STEP Solutions

Infosys McCamish Systems is a US-based subsidiary of Infosys BPM

Infosys, Wipro, TCS: How to trade frontline IT stocks in the current market

After the recent correction in Nifty IT, the index is gradually rising

Domestic mutual funds trim holdings in Reliance Industries, Infosys

This was in a month when the benchmark Sensex retreated 3 per cent

RIL, Infosys, Airtel: MFs trim stake in index heavyweights in January

Reliance Industries, Infosys, Bharti Airtel, Power Grid and Tata Consultancy Services are some of the stocks mutual funds cashed out of last month

Infosys to invest additional $1 million in ideaForge Technology

IT services major Infosys on Thursday said it will invest an additional USD 1 million (about Rs 7.2 crore) in ideaForge Technology, a UAV systems manufacturing company.

Rise in onshore hiring, Covid-19 may reduce visa demand in tier-I IT firms

Last year, Infosys revealed plans to hire 12,000 American workers over the next two years, bringing its hiring commitment in the US to 25,000 over five years

Localisation strategy for jobs would help address protectionism: Nilekani

He said the strategy for the companies is to be an active player in every market that they operate and have an articulation of partnership with that country and which reflects its priorities

Artificial Intelligence to transform businesses: Infosys President Joshi

Companies are going to change their dynamics from a cost and customer perspective in a big way, IT major Infosys President Mohit Joshi said