Infosys

Infosys shares decline 5 per cent after earnings

The stock plunged 5 per cent to Rs 1,318.05 on BSE.

published on : 14th January 2021

Q3 results: Infosys, Wipro beat street estimates as demand climate improves

Both the firms reported some of the largest deal-wins in their history during Q3 as well as cuts in discretionary spending which led to expansion in the operating margins

published on : 13th January 2021

Infosys to acquire assets, onboard employees of Australia's Carter Digital

This is an asset purchase and the transaction is expected to close during the fourth quarter of fiscal 2021, subject to customary closing conditions.

published on : 13th January 2021

Infosys Q3 net profit up 16.6 per cent to Rs 5,197 crore

The company had posted a net profit (after minority interest) of Rs 4,457 crore in the year-ago period, Infosys said in a regulatory filing.

published on : 13th January 2021

IT sector to double down on digital business this year

With the likelihood of a more relaxed visa regime in the US with the change in administration, analysts have placed their bets on IT majors as well as mid-cap firms for the next year. 

published on : 1st January 2021

Infosys, Wipro clinch billion-dollar deals from German firms as digital demand rises

For Infosys, the Daimler deal is the second billion-dollar contract that the IT major has won during the pandemic after an earlier $1.5-billion deal with a US investment firm, Vanguard. 

published on : 22nd December 2020

IT major Infosys reinventing business model to become digital-first company

​Currently, 47 per cent of the revenues of the IT major comes from digital services on the back of huge demand from the enterprises for hybrid cloud, cyber security and remote work services.

published on : 16th December 2020

Social media spreads rumours, endangers peace: Abel Prize winner

Prof. SR Srinivasa Varadhan was speaking at the Infosys Prize 2020 by the Infosys Science Foundation.

published on : 2nd December 2020

Lone woman among winners as Infosys Prize awarded for contributions to science and research

Prachi Deshpande from the Centre for Studies in Social Sciences (CSSS), Kolkata, won the Humanities award for her nuanced and sophisticated treatment of South Asian historiography

published on : 2nd December 2020

Five of top 10 most valued firms lose together Rs 91,699 crore in market capitalisation

While Reliance Industries, Infosys, HDFC, ICICI Bank and Bharti Airtel suffered losses in their market valuation, TCS, HDFC Bank, Hindustan Unilever and Bajaj Finance were the gainers.

published on : 29th November 2020

We are close to 63 per cent visa-independent in US; over 50 per cent in Europe, Australia-New Zealand: Infosys

In September, the Bengaluru-based firm had said it plans to hire 12,000 American workers over the next two years, taking its hiring commitment in the country to 25,000 over five years.

published on : 15th November 2020

Infosys co-founder SD Shibulal receives over four lakh company shares as 'gift'

Post the transaction, the number of Infosys shares owned by Kumari and Shibulal stood at 88,96,930 and 21,66,768, respectively.

published on : 13th November 2020

Infosys becomes carbon neutral; outlines ESG vision for 2030

Infosys began to take action to combat climate change in 2008 and has achieved carbon neutrality in 2020, co-founder and chairman Nandan Nilekani said in a statement.

published on : 28th October 2020

Infosys shares erase opening gains; close over 2 pc lower

The company's market valuation declined Rs 11,939.19 crore to Rs 4,71,942.81 crore on the BSE.

published on : 15th October 2020

Infosys to roll out salary hikes from January 2021 as net profit rises 20 per cent

Infosys has also hiked its revenue guidance for FY21 to 2-3 per cent in constant currency terms from an earlier prediction of just 0-2 per cent.

published on : 14th October 2020
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