Infosys provides details of certain ongoing disputes with various regulatory authorities, including this specific tax matter with HMRC, an Infosys spokesperson told 'The Times'.
Dr Gururaj Deshpande, cofounder, Deshpande Foundation, pointed out that the biggest problem is the disconnect in the whole social sector.
The stock, after making a positive beginning, declined 0.84 per cent to Rs 1,468 on the BSE. However, later it bounced back and climbed 0.74 per cent to Rs 1,491.65.
Tech world is abuzz with OpenAI’s Artificial Intelligence-powered chatbot ChatGPT and not many know that Infosys had invested in OpenAI way back in 2015.
Digital comprised 62.9% of overall revenues and grew at 21.7% in constant currency. Operating margin for the quarter remained resilient at 21.5%.
Reliance Industries remained the most valued firm, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, LIC and Bharti Airtel.
According to analysts, as the third quarter is a seasonally weak quarter due to higher furloughs, IT firms might report subdued revenues.
In her newest children’s book The Gopi Diaries: Coming Home (HarperCollins, Rs 299), the first in a three-part series, Murty explores her family’s relationship with their dog Gopi.
While her husband was trying to make Infosys fly, Murty was busy supporting her family, which meant that her professional career took a back burner.
Since last five years, the company’s succession planning is being discussed; in 2022, when it is celebrating its 40 years, the matter still remains unresolved
Murthy had earlier said no family member of a founder can ever come to work at Infosys
He added that he does not think any of the other founders want to come back either, and that he has to implement Murthy’s vision of putting in place the leadership structure.
Many of us are aware of the grand heights that institutions such as the University of Allahabad had scaled before and even for a couple of decades after Independence.
The list is topped by the Hinduja family for the eighth consecutive time with an estimated wealth of 30.5 billion pounds, an increase of 3 billion pounds from the last year.
The IT industry has been facing various challenges including attrition, moonlighting and employees getting back to offices.
From the Sensex pack, Tech Mahindra, Wipro, Tata Consultancy Services, Infosys, Nestle and Power Grid were the major laggards.
Infosys BPM (business process management), the BPM arm of Infosys, has reduced the variable pay of employees by 40% in the second quarter of this fiscal.
IT services company Infosys has announced that it will be extending its Living Labs ecosystem to help Australian start-ups to advance their go to market.
The holding of Akshata Murthy, Britain's incoming Prime Minister Rishi Sunak's wife, is worth Rs 5,956 crore (about USD 721 million) at Tuesday's trading price of Rs 1,527.40 on the BSE.
The former Treasury chief will be Britain’s first leader of color, and faces the task of stabilizing the party and country at a time of economic and political turbulence.