Page 79 - Infosys

Infosys bets on 'lead tech group' comprising 60 engineers for innovations

This is a departure from the earlier strategy, when innovations were used to strengthen its products and platforms

We have done right investments for sustained growth, says Infosys CEO

The clients are positive with us and we have seen some level of stability. So, from a business perspective, we feel comfortable where we are going and first-quarter growth is testimony to that

TCS, Infosys, 14 other Indian firms say climate change will impact business

Infosys and TCS expressed concern over their workforce and operations being affected due to climate change and the changes in the availability of natural resources like water in regions

Infosys gets a thumbs up from the Street; stock ends at record high

Most analysts have raised their 12-month price target for the stock, hoping for increased payouts to shareholders

Today's picks: From Gail to Infosys, hot stocks to watch on Tuesday

For Infosys keep a stop at 772 and go long. Add to the position between 787-780. Book profits at 782.

Infosys vs TCS: Which stock is a better bet at the current levels?

Post the results, most brokerages have revised their price targets for both these stocks.

Blunt talk needed in country today, Murthy says, cites his spat with Sikka

Sikka quit in 2017 after almost a year of public dispute with Murthy and other promoter shareholders

Infosys completes localisation target for US, hires 10,000 employees

Given the importance of localisation, Infosys had moved Srikantan Moorthy from India to the US last May

Guidance in line with client connect, demand: Infosys CEO Salil Parekh

The momentum on the digital side gives us confidence as well, says Salil Parekh

Infosys tweaks capital allocation policy to give back 85% of free cash flow

Infosys CFO Nilanjan Roy said the firm would continue its existing buyback as planned by the board

Involuntary exits gave rise to staff attrition in June quarter: Infosys

Experts said this was perhaps the first time when the company admitted of laying off some employees

Infosys raises revenue forecast by 10%; net up 5% in first quarter

In dollar terms, revenues were at $3.13 billion, a sequential growth rate of 2.3 per cent and 10.6 per cent YoY

Rise in attrition, large deal wins: Top takeaways from Infosys' Q1 results

The company has maintained FY20 operating margin guidance range of 21 per cent - 23 per cent.

Infy posts 5% YoY rise in PAT at Rs 3,802 cr, raises FY20 growth guidance

The IT services company increased the FY20 growth guidance in constant currency terms to 8.5-10 per cent from 7.5-9.5 per cent.

Will Infosys Q1 results beat TCS' numbers? Here's what analysts say

Infosys' Q1FY20 results come at a time when Gartner, the US-based global research and advisory firm, has lowered its projection of worldwide IT spending growth in 2019 to $3.74 trillion.

Share buyback runs into tax roadblock, govt move may hurt repurchase

More than 70 companies, including software exporter Wipro Ltd, announced or completed Rs 354.6 billion of share buybacks in the first half of 2019

Budget impact: Infosys, 8 others face 20% tax burden on share buyback

These companies, which are buying back shares, will see costs rising

Infosys hired 9,100 people in US in 2 years, slightly short of target

The Bengaluru-based company, like many of its peers, has been ramping local hiring in key markets like the US, the UK and Australia to tackle increasing scrutiny around work visas by various govts

Infosys sets up experience design and innovation studio in London

The facility will provide space for Infosys and its clients to ideate, collaborate and innovate together by combining design and the latest technology offerings, including artificial intelligence

Infy courts French Open, aims to showcase its tech prowess through sport

Such partnership will not only give the company an opportunity to showcase its expertise in new technology areas, they will also help in boosting its brand image with clients and employees