Page 69 - Infosys

Market Wrap, May 15: Here's all that happened in the markets today

Of 30 constituents, 20 declined and 10 advanced. Mahindra & Mahindra ended as the top loser on the index while telecom major Bharti Airtel was the biggest gainer

IT firms form teams to chase revenue streams emerging from Covid-19 crisis

Industry observers said the high level of virtualisation across most sectors has led to increased demand for various IT services.

RIL, Infosys, HUL account for 51% recovery in Sensex from 52-week low

In all, these three entities have added Rs 5.8 trillion to their m-cap during the period, against a Rs 11.3-trillion rise in the incremental m-cap of all 30 Sensex companies

Blue chips see cuts in target prices; half of Nifty sees cuts of over 15%

According to data from Bloomberg, banks have seen among the sharpest cuts in target prices -- between 16 and 60 per cent.

Both clients & vendors have to think about adoption of WFH model: Infy COO

With relaxations in the nationwide lockdown induced by Covid-19, Infosys plans to adopt a staggered approach in getting back employees to office.

10 most-valued domestic firms add Rs 3.10 trn to m-cap; TCS biggest gainer

Reliance Industries Ltd witnessed a rise of Rs 31,506.3 crore to Rs 9,30,006.19 crore in its valuation

IT firms with higher fixed-price contracts may see lower impact on top line

HCL Tech, Wipro have more than 60% of revenue coming from such contracts, while Infosys has more than 50% share

Tech Mahindra Q4 net falls 29%; recommends final dividend of Rs 5/share

The Pune-headquartered company reported Rs 804 crore in consolidated net profit for the March quarter (Q4FY20), a decline of 29.1 per cent on year-on-year (YoY) basis

Advantage Infosys, HCL as India Inc unlikely to cut spending on IT products

Firms drawing higher revenue from software products and platforms have edge over peers

Employee count shows Indian IT biggies hired fewer people in March quarter

TCS showed marginal rise in their employee count, as Infosys and Wipro witnessed drop in their staff base on sequential basis

RSI indicator hints at positive momentum in Nifty; stay long: Nilesh Jain

The volatility India (VIX) has fallen below 40 levels, which is giving comforts to the bulls

We'll come out stronger from this situation: Infosys CEO Salil Parekh

Parekh said that as the situation improves, the company is 'extremely comfortable that we will emerge stronger'

Coronavirus clouds Infy's prospects; firm suspends guidance over pressure

Q4 results also indicate the quantum of pain Infosys is witnessing due to the Covid-19 pandemic

Weak oil, global cues trigger 1,011-pt Sensex slide; financials worst hit

All that happened in the markets today

Trump's immigration ban: Will it affect Indian IT sector? The story so far

Trump talked about suspending immigration visas, and the H-1B visa, which is more popular among Indian IT professionals, is a non-immigrant visa

Infosys, TCS, Wipro: IT stocks tumble as Trump plans immigration suspension

Tata Consultancy Services (TCS), Infosys, Tech Mahindra, Wipro, HCL Technologies, Hexaware Technologies, NIIT Technologies and Mindtree were down 1 per cent to 5 per cent on the NSE in intra-day trade

Market Ahead, April 21: All You Need To Know Before The Opening Bell

Today, a total of seven companies, including ACC, CRISIL, Den Networks, and ICICI Prudential Life are scheduled to release their March quarter earnings

Best of BS Opinion: Unemployment rate touches 26%, Covid-19 fear, and more

Here's a selection of Business Standard opinion pieces of the day

Infosys won't pause hiring even as it freezes salary hikes and promotions

Plans to make 35,000 jobs offers this year, including fresher and laterals, says won't layoff staff owing to Covid-19 business

Covid-19 clouds Infosys' prospects as Q4 results indicate quantum of pain

Firm suspends guidance because of pressure in key geographies