All that happened in the markets today
Edelweiss Securities expects revenue to grow 3.9 per cent QoQ in constant currency terms and 5.4 per cent QoQ in US dollar terms.
Analysts expect Infosys to raise its FY21 guidance to 1-3 per cent growth from 0-2 per cent
IT services major Infosys on Monday said it has completed the acquisition of US-based product design and development firm Kaleidoscope Innovation.
This acquisition deepens Infosys' capabilities in the Adobe, Magento, Salesforce Commerce and Shopify ecosystems
The Aadhaar architect pointed out that Canada is a great centre for artificial intelligence (AI) and University of Toronto and Montreal are big centres for the new-age technology
Buyback tax provision and steep valuations may deter companies still playing safe in the coronavirus pandemic, say analysts
According to ICICI Securities, Tier-1 IT companies will see revenue growth in the range of 1- 3.5 per cent in constant currency terms on a sequential basis.
Infosys said it has completed the acquisition of GuideVision, an enterprise service management consultancy specialised in offering strategic advisory, consulting, etc on the ServiceNow platform
The top four Indian IT firms have cash reserves of nearly $15 billion
The IT index outperformed the market in the April-June (Q1FY21) quarter
The firm believes the strategy it has put in place and investments it has made in the past couple of years will help it achieve the target sooner than later
The better-than-expected performance in the outsourcing business has indicated the recovery of revenue growth for Indian IT firms too, and may happen sooner than expected
All that happened in the markets today
Indian companies may step up US hiring after Trump administration's proposal to make changes in visa rules.
So far in September, Infosys has outperformed the market by surging 13 per cent, as compared to 2.4 per cent decline in the S&P BSE Sensex
Murthy also asserted that shareholders must also be provided access to full details of the investigation carried out after any whistleblower complaint
Enhancing digital capabilities should aid growth amid rising IT budgets
Companies ranging from IT to pharmaceuticals have been dragged to courts
In an interview to Bibhu Ranjan Mishra & Sai Ishwar, Parekh talks about the company's plans with regard to salary hike deferment, fresher hiring, acquisitions, and much more