Page 62 - Infosys

IT Q3 preview: Large deal wins to drive earnings but margins may take a hit

Brokerages expect large-cap IT firms to report revenue growth in the range of 2-3 per cent in constant currency (cc) terms

IT shares in demand ahead of Q3 results; TCS, Infy, HCL Tech hit new highs

Analysts at Motilal Oswal said the multiple mega deal wins in Cloud and Captive should add incremental growth to the sector's already buoyant organic growth momentum

Stocks to watch: Tata Steel, Adani Green, Vedanta, Infosys, United Spirits

Shareholders of Union Bank of India approved the bank's proposal for raising up to Rs 6,800 crore equity capital to fund business growth

Large IT outsourcing contracts back on the market as clients optimise cost

In the past 10 months, large Indian IT services firms had signed a number of major outsourcing projects involving millions of dollars.

On the road to recovery: Marquee companies raise advance tax payment

Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table

Gains in IT stocks, Brexit agreement hope push markets further up

The gains in the indices were led by IT majors Infosys and TCS

Infosys shares gain nearly 3% after Daimler deal for IT infrastructure

Shares of Infosys closed with nearly 3% gains on Wednesday after the company said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation.

IT shares extend rally; TCS, Infosys, HCL Tech, Tech Mahindra hit new highs

The large deal wins for both Infosys and Wipro reinforces positive stance on the IT Services industry, analysts at Motilal Oswal said

IT shares gain up to 6%; Nifty IT, Infosys scale fresh record highs

Infosys, HCL Technologies, Tech Mahindra, Larsen & Toubro Infotech, Coforge and Mindtree were up in the range of 3 per cent to 6 per cent on the NSE

Market value of 8 of 10 most valued firms zooms Rs 1.25 trillion

HDFC, TCS, and Bajaj Finance emerged as the biggest gainers

Infosys divests partial stake in US-based Whoop for about $10 million

IT services major Infosys on Friday said it has divested one-third of its holding in US-based Whoop for about USD 10 million (about Rs 73.5 crore). In 2015, Infosys had announced making a USD 3 million investment in US-based wearable device startup Whoop for a minority shareholding in the company. "The company had made a minority investment of USD 3 million during December 2015 in Whoop Inc, the human performance company headquartered in Boston, USA. ...The company would like to inform that it has divested one-third of its holding for about USD 10 million," Infosys said in a filing on Friday.

Nifty IT index, Infosys, TCS at record high; charts signal more upside

Edelweiss Securities says that the robust tech up-cycle would benefit firms like HCL Technologies, Infosys, TCS, and Tech Mahindra

IT shares gain on Accenture's strong performance; Infosys, TCS hit new high

Nifty IT index hit a record high of 23,408, up 2% on the NSE

Infosys open to work with stakeholders for vaccine management solution

The company isn't trying to scale the solution commercially, is only showcasing it to various jurisdictions. Will be happy to help anyone who sees value in it

Consumerisation has changed the way digital is adopted, says Nilekani

Nilekani spoke at the Infosys Media Day 2020 event on Tuesday

Infosys may roll out hybrid work model for employees starting next year

Such a setup would allow more women to become a part of workforce, says company

Infosys completes 8 years of NYSE listing, to ring closing bell

Infosys will ring the closing bell at the New York Stock Exchange (NYSE) to commemorate its eighth anniversary of listing on the exchange

Nifty IT index hits record high; Infosys, HCL Tech, Coforge gain 2%

Digital acceleration, large deal wins, client mining, market share gains and margin improvement remain key long term drivers for IT sector, according to analysts

Rolls-Royce partners with Infosys for aerospace engineering in India

Aerospace and defence technology major Rolls-Royce and Infosys have signed a strategic partnership for sourcing engineering and R & D services for Rolls-Royce's civil aerospace business.As part of the overall partnership, Rolls-Royce will transition a significant part of its engineering centre capabilities for civil aerospace in Bengaluru to Infosys.Leveraging its expertise in core engineering services, digital transformation capabilities, and Rolls-Royce product knowledge acquired through the partnership, Infosys will provide a full range of high-end engineering and R & D services integrated with advanced digital service to Rolls-Royce."India has grown to become a key contributor to the Rolls-Royce global engineering ecosystem, delivering high levels of technical capability to support a broad range of complex business demands," said Kishore Jayaraman, President of Rolls-Royce India and South Asia."Infosys has been a valued partner to Rolls-Royce for many years, and we now ...

Six scientists win Infosys Prize 2020 for research 'improving the world'

The prize consists of a gold medal, a citation and a purse of $100,000