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Infosys

Infosys to dish out average performance bonus of 90% for Q2

Infosys to dish out average performance bonus of 90% for Q2

Wed, Nov 27, 2024

Last month, India's second-largest IT services company posted a nearly 5 per cent rise in its second-quarter net profit and raised revenue guidance for the year on broad-based recovery in demand, particularly from its key financial industry clients.

Infosys stock falls 4% after mixed Q2 show: Should you buy, sell or hold it?

Infosys stock falls 4% after mixed Q2 show: Should you buy, sell or hold it?

Fri, Oct 18, 2024

Infosys shares in Friday's trade will gain traction after the company posted largely mixed results with steady margins.

Infosys Dividend 2024: IT bellwether announces 420% interim dividend - Check record date and other details

Infosys Dividend 2024: IT bellwether announces 420% interim dividend - Check record date and other details

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.

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This Infosys honcho has just resigned; here is why

This Infosys honcho has just resigned; here is why

Sat, May 12, 2018

Ravi Venkatesan has resigned as an independent director from Infosys, the first board-level departure since Nandan Nilekani took over the chairmanship of the IT major more than eight months back

After TCS share price steals spotlight, Infosys CEO Salil Parekh unveils road map ahead

After TCS share price steals spotlight, Infosys CEO Salil Parekh unveils road map ahead

Mon, Apr 23, 2018

In a detailed presentation to analysts, Infosys CEO and MD Salil Parekh said the company is betting on growth with strategic investments and "will invest in inorganic moves to expand client relevance". This comes in wake of rival Tata Consultancy Services Q4 being announced, which caused TCS share price to zoom and enter the $100 bn club, although it closed short of that mark today

6 of top 10 Sensex firms add Rs 91,153 cr in valuation; know here which are these

6 of top 10 Sensex firms add Rs 91,153 cr in valuation; know here which are these

Sun, Apr 22, 2018

While Tata Consultancy Services (TCS), HDFC Bank, ITC, HUL, Infosys and Kotak Mahindra Bank were on the biggest gainers, Reliance Industries (RIL), HDFC, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap). The m -cap of IT major TCS soared Rs 48,890.9 crore to Rs 6,52,082.92 crore, becoming the biggest gainer among the 10 most-valued firms

TCS vs Infosys snapshot: A comparison between two IT giants

TCS vs Infosys snapshot: A comparison between two IT giants

Fri, Apr 20, 2018

TCS vs Infosys: Drawing comparison between the two IT giants is a quarterly phenomenon, and this time it's TCS which has called the shots. Notably, Infosys share price had tanked 6 per cent intraday post Q4 results, while TCS share price surged over 6 per cent to hit its record high today.

Buy this stock to make profit; here is why

Buy this stock to make profit; here is why

Mon, Apr 16, 2018

Infosys share price tanked sharply after the IT major's FY19 margin guidance disappointed the Street with brokerages having mixed views on stock outlook. The stock slipped as much as 6 per cent to Rs 1,099 in Monday's trade.

Edelweiss Securities 'most bullish in a decade' over this sector; see if you can benefit

Edelweiss Securities 'most bullish in a decade' over this sector; see if you can benefit

Mon, Apr 16, 2018

Edelweiss conviction is based on rising number and size of digital deals, recovery of spends in BFSI, retail and utilities verticals, which contribute nearly 53 per cent to Indian IT services’ revenues; and front-ending of local hiring mitigating dependency on US H1B visas.

Sell Infosys, buy TCS, says expert as stock tanks 6% post Q4 results 2018

Sell Infosys, buy TCS, says expert as stock tanks 6% post Q4 results 2018

Mon, Apr 16, 2018

Infosys share price slipped 6 per cent after the company's margin guidance for fiscal year 2018-19 disappointed Street. The Bengaluru-based company's consolidated net profit fell 28.1 per cent to Rs 3690 crore on 1.6 per cent increase in revenues to Rs 18,083 crore in Q4 March 2018 over Q3 December 2017.http://www.zeebiz.com/companies/news-infosys-q4-results-2018-highlights-profit-hits-rs-3690-cr-mark-under-new-ceo-salil-parekh-42654

IMD predicts normal monsoon; Sensex ends near day high; Tata Motors, Infosys buck trend

Mon, Apr 16, 2018

Sensex today: The benchmark indices pared all intraday losses to settle near day's high on Monday thanks to gains in pharma and realty stocks even as Asian markets traded mixed. The Sensex settled at 34,305, up 112.78 points, while the broader Nifty50 ended at 10,528, up 47.75 points.

Eight of 10 Sensex firms add Rs 83,672 cr in valuation; find here which are these companies

Eight of 10 Sensex firms add Rs 83,672 cr in valuation; find here which are these companies

Sun, Apr 15, 2018

With the exception of State Bank of India (SBI) and Maruti Suzuki, rest of the eight blue-chip companies saw a total addition of Rs 83,672.13 crore in market capitalisation (m-cap) during the week ended Friday. Maruti Suzuki India and SBI together lost Rs 9,771.58 crore in market valuation. The m -cap of TCS surged by Rs 38,534.61 crore to Rs 6,03,192.02 crore while that of Reliance Industries Ltd (RIL) registered a rise of Rs 18,433.83 crore and touched Rs 5,94,728.71 crore

Vishal Sikka's Panaya & Skava controversy emerges again; A whistleblower asks Sebi to question Infosys' decision

Vishal Sikka's Panaya & Skava controversy emerges again; A whistleblower asks Sebi to question Infosys' decision

Sun, Apr 15, 2018

It has become nearly nine months since the time Vishal Sikka resigned from Infosys, and looks like the former CEO has once again hit headline in Indian market, after the IT-giant which is now operated under the leadership of Salil Parekh, announced it's plan to sell Sikka's legacy Panaya and Skav

What kind of pay hikes did Infosys employees get in April? Attrition soars

What kind of pay hikes did Infosys employees get in April? Attrition soars

Sat, Apr 14, 2018

Infosys also announced it has cleared pay hikes for its employees. The tech major said that it has rolled out salary hikes ranging from "mid-single digit to high-single digit " for a majority of its employees. The salary hike would be effective from April onwards

Infosys to acquire US-based consumer insights agency Wongdoody

Infosys to acquire US-based consumer insights agency Wongdoody

Fri, Apr 13, 2018

With services that include strategy, research and insights, brand and marketing positioning, creative design, advertising and production, Wongdoody elevates global brands across industries from telecommunications and consumer electronics, to healthcare and consumer packaged goods.

Infosys Q4 results declared; 5 key takeaways from new CEO Salil Parekh's first quarter

Infosys Q4 results declared; 5 key takeaways from new CEO Salil Parekh's first quarter

Fri, Apr 13, 2018

For the Financial Year 2018, the Board recommended a final dividend of Rs 20.50 per share ($0.31 per ADR) amounting to Rs 5,349 crore ($821 million) including DDT. After including the interim dividend of Rs 13 per share, the total dividend for Financial Year 2018 will amount to Rs 33.50 per share resulting in a payout of `8,771 crore ($1,349 million) including DDT, which will amount to approximately 70% of free cash flow for the Financial Year 2018.

Now, Infosys looking to sell controversy-ridden Vishal Sikka-linked Panaya

Now, Infosys looking to sell controversy-ridden Vishal Sikka-linked Panaya

Fri, Apr 13, 2018

Infosys on Friday announced its March quarter results with the net profit coming in at Rs 3,690 crore, a 28.2 per cent drop quarter-on-quarter. The IT major had reported a net profit of Rs 5,129 crore in the December quarter and Rs 3,603 crore in the same quarter last year.

Infosys Q4 results 2018: Good news! Dividend payout 30% higher this time

Infosys Q4 results 2018: Good news! Dividend payout 30% higher this time

Fri, Apr 13, 2018

Infosys Q4 results 2018: The country's second largest software services firm, reported 24 per cent fall in net profit at Rs 3,690 crore in the quarter ended on March 31, 2018 on consolidated basis as against Rs 3708 crore crore reported in December quarter.

Infosys logs Rs 3,690 cr net profit in Q4; Salil Parekh says ‘Navigating Your Next’ is our aspiration

Infosys logs Rs 3,690 cr net profit in Q4; Salil Parekh says ‘Navigating Your Next’ is our aspiration

Fri, Apr 13, 2018

Infosys, country's second largest software services firm, reported 28.2 per cent fall in net profit at Rs 3,690 crore in the quarter ended on March 31, 2018 on consolidated basis, in-line with expectations, as against Rs 5,129 crore reported in the December quarter of FY18. The tech major's reve

Infosys Q4 results today: All eyes on new CEO Salil Parekh, key things to watch out for

Infosys Q4 results today: All eyes on new CEO Salil Parekh, key things to watch out for

Fri, Apr 13, 2018

Infosys Q4 results today: Infosys stock has outperformed the benchmark and sectoral indices, gaining over 12 per cent year-to-date. By comparison, Nifty advanced just 0.5 per cent. During March quarter of FY18, Infy stock gained 8.6 per cent and the Nifty IT index was up 7 per cent, while the Nifty50 fell 4 per cent in Q4FY18.

On demonetisation, this is what Infosys co-founder Narayana Murthy said

On demonetisation, this is what Infosys co-founder Narayana Murthy said

Wed, Mar 21, 2018

Murthy said he himself could not understand the logic behind the demonetisation move since he is not an expert on the subject.

Infosys co-founder Nandan Nilekani bats for PSB privatisation; here is why

Infosys co-founder Nandan Nilekani bats for PSB privatisation; here is why

Tue, Mar 20, 2018

Introduction of technology-based solutions also makes it possible to cater to the requirements of the smaller borrowers, who were neglected in the pre-nationalisation era, the technocrat said. "The original rationale has gone away and so let most banks function on market principles owned by the general public," he told reporters, adding privatising them is also in the interest of taxpayers.

Mammoth Infosys jobs drive to create 1,000 jobs for Americans to woo Donald Trump admin

Mammoth Infosys jobs drive to create 1,000 jobs for Americans to woo Donald Trump admin

Thu, Mar 15, 2018

Infosys jobs drive in US: The Hub will include insurance and healthcare labs that focus on smart underwriting, claims fraud, Internet of Things and Cloud, and will employ data security and data-sharing features to help Infosys clients comply with all applicable privacy laws while promoting innovation, the statement said.

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