Fri, Oct 18, 2024
Infosys shares in Friday's trade will gain traction after the company posted largely mixed results with steady margins.
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Thu, Oct 17, 2024
Infosys Dividend 2024: Meanwhile, the company has reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth.
Infosys Q2 preview: Infosys share price traded in the green ahead of its Q2 results later today.
Wed, Oct 12, 2022
IT giant, Infosys President Ravi Kumar S resigned after a massive career of 20 years ,Reportedly, the company has not given any reason for the unforeseen move
Along with the results announcement tomorrow, Infosys is also scheduled to consider a share buyback scheme at a meeting on Thursday, October 13, the company said in a release on Monday.
Tue, Oct 11, 2022
Starting his career as a nuclear scientist at the Bhabha Atomic Research Center, he joined Infosys in 2002 and was appointed as its president in 2016.
Infosys Buyback 2022, Infosys Buyback Price 2022, Infosys Buyback Expected Price: Infosys could fix the share buyback price at a premium of 18 to 21 per cent from the current market price. If announced, this would be the fourth buyback programme by Infosys in the last 5 years.
Infosys, India's second-largest IT services provider, on Oct 10 informed exchanges that it will consider a buyback proposal when its board will meet on Oct 13.
At what price buyback will come? What to do in Infosys buyback? What is the difference between Infosys' buyback and TCS's tender offer? Must watch this video.
IT major Infosys Ltd on Monday said its board would decide on a proposal for share buyback in its meeting to be held on Thursday.
Mon, Oct 10, 2022
The company's Chief Executive Officer and Managing Director Rajesh Gopinathan said that an employee is barred from working for any other organisation as part of the service contract.
A company buys back its own shares from investors or shareholders under a share buyback or repurchase. It is seen as an alternative, tax-efficient way to return money to shareholders.
Thu, Oct 06, 2022
India's largest software services provider Tata Consultancy Services is set to announce its July-September quarter results on October 10, kicking off the Q2 earnings season for the IT sector.
Domestic brokerage HDFC Securities expects Tier-I IT companies to deliver sequential growth in the range of 2.4 to 4 per cent in constant currency (CC) terms.
Tue, Oct 04, 2022
The global macroeconomic conditions, amid recession fears and rising inflation, have hit the Indian industries, and the IT/tech industry in the country is not immune.
Technical expert Nilesh Jain said that IT has been a laggard and is now poised for a pull back. He said that Nifty IT index has seen a base formation with a double bottom at 26200. There is an upside for levels between 28000 and 28,500
Thu, Sep 22, 2022
Tracking the global peers, Indian IT stocks were also weak in the early morning rade, however, recovered as the day progressed.
Sun, Sep 18, 2022
While TCS, HDFC Bank, Hindustan Unilever, Infosys and HDFC suffered erosion from their valuation, ICICI Bank, State Bank of India, Adani Transmission and Bajaj Finance were the gainers.
Thu, Sep 15, 2022
Global brokerage house Goldman Sachs downgraded Infosys fearing a sharp cut in dollar revenue growth would slow down the IT sector.
Wed, Aug 24, 2022
Global brokerage houses were divided on the sector, and sees different targets for three major IT companies—TCS, Infosys and HCL Tech.
The company asserted that these were more in the nature of "investments" given the robust demand scenario, and assured it will be looking at cost optimising levers such as better utilisation, and more automation.
Tue, Aug 23, 2022
India's second largest IT firm Infosys has reportedly reduced its average variable payout for the June quarter to 70%. Apart from this, Wipro has put on hold the variable payments of its mid and senior level employees for the April-June quarter. Whereas, junior level employees will be given only 70% of their June quarter variable. TCS has also postponed the quarterly variable pay of some employees for a month. Infosys operating margin stood at 23%. Wipro's operating margin stood at 15% in the June quarter. Why are the margins of IT companies declining? Watch this exclusive report on India 360.
IT companies reduced variable pay. Why did Infosys cut variable pay? Variable Pay deduction on whom? What is JP Morgan's opinion on IT stocks? Know full details from Kushal Gupta.
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