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Infosys

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.

Infosys Q2 preview: PAT to likely climb 5.5% QoQ, margin may decline 20bps

Infosys Q2 preview: PAT to likely climb 5.5% QoQ, margin may decline 20bps

Thu, Oct 17, 2024

Infosys Q2 preview: Infosys share price traded in the green ahead of its Q2 results later today.

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Activist shareholders a risk factor, says Infosys

Activist shareholders a risk factor, says Infosys

Tue, Jun 13, 2017

Over the past few months, the country's second largest software services firm has been battling allegations by co- founder N R Narayana Murthy and other former senior executives of falling corporate governance standards.

$20 billion revenue target by 2020 looks difficult, says Infosys CEO Vishal Sikka

$20 billion revenue target by 2020 looks difficult, says Infosys CEO Vishal Sikka

Mon, Jun 12, 2017

Infosys CEO and MD Vishal Sikka in his recent interview to a leading business news channel said that achieving the $20 billion revenue growth target by 2020 looks almost impossible adding further that the target was put forward three years ago to give a glimpse of the way forward.

Salary hikes at Infosys only to certain employees in FY18

Salary hikes at Infosys only to certain employees in FY18

Sat, Jun 10, 2017

Infosys, Indian IT major has said that it will not be providing salary hikes to all employees starting this fiscal. This is in line with dwindling growth rate of the industry and re-skilling of IT professionals as a business need.

US Prez Donald Trump's administration, regulations may have adverse impact on its growth, says Wipro

US Prez Donald Trump's administration, regulations may have adverse impact on its growth, says Wipro

Fri, Jun 09, 2017

India's homegrown IT major Wipro in its filing to the US Securities and Exchange Commission said the US president Donald Trump's administration and regulations could be a potential threat to its growth.

Infosys denies media reports on co-founders' stake sale; stock down nearly 2% in early trade

Infosys denies media reports on co-founders' stake sale; stock down nearly 2% in early trade

Fri, Jun 09, 2017

Infosys issued a statement on Friday denying media reports suggesting co-founders planning to sell entire 12.75% stake into the company.

Committed to 6.5-8.5% revenue growth in 2017, says Infosys COO UB Pravin Rao

Committed to 6.5-8.5% revenue growth in 2017, says Infosys COO UB Pravin Rao

Thu, Jun 08, 2017

While speaking at the Morgan Stanley 19th Annual India Summit on Wednesday, Infosys COO UB Pravin Rao said that the company remains "committed" to its guidance of 6.5-8.5% revenue growth this year even as some clients ask for projects to be carried out at 30-40% lower costs than before.

Top seven Indian companies receive less H-1B visas in 2016

Top seven Indian companies receive less H-1B visas in 2016

Tue, Jun 06, 2017

Top seven Indian-based outsourcing companies in the US received fewer H-1B visas in 2016 as compared to 2015, and as a group their numbers dropped 37 %, according to a new report.

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

Fri, Jun 02, 2017

Speaking to a news channel on the ongoing layoffs into the IT industry, Infosys co-founder N R Narayana Murthy said that it was possible for all IT companies to protect the jobs of youngsters if their senior management executives take some salary cuts.

SHARE BAZAR LIVE : Sensex, Nifty drop on weak GDP numbers; Infosys down 2%

SHARE BAZAR LIVE : Sensex, Nifty drop on weak GDP numbers; Infosys down 2%

Thu, Jun 01, 2017

Sensex, Nifty drop on weak GDP numbers; Infosys down 2%. Watch the full segment for more details.

IT industry in India will continue to witness layoffs at low-end skills for next 18 months: Experts

IT industry in India will continue to witness layoffs at low-end skills for next 18 months: Experts

Mon, May 29, 2017

According to experts, the IT industry in India will continue to see the layoffs for the next 18 months at the low-end skills on back of automation taking over the routine tasks like application maintenance, bug fixing, manual testing, among others.

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Sun, May 28, 2017

Executive search firm Head Hunters India Founder and MD Kris Lakshmikanth told PTI that he firmly believes top companies including TCS and Infosys to lead India in the digital business further adding that these companies have clearly understood the dramatic change and the challenges of going digital more than two years back.

Sad over recent IT layoffs, says Narayana Murthy

Sad over recent IT layoffs, says Narayana Murthy

Fri, May 26, 2017

Founder Chairman of Infosys N R Narayana Murthy today expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy. "...It is sad...," Murthy told in an email reply to a PTI query about recent IT layoffs.

Infosys touts plan to hire Americans in face of visa pressures

Infosys touts plan to hire Americans in face of visa pressures

Thu, May 25, 2017

Infosys Ltd, the India-based computer services giant, on Wednesday touted its new strategy to hire and train 10,000 American workers over the next two years at the company`s annual leadership meeting in San Francisco.

Infosys' Sikka says journey ahead 'challenging', worth fighting for

Infosys' Sikka says journey ahead 'challenging', worth fighting for

Tue, May 23, 2017

In a letter to shareholders, Sikka said the company will leverage its full potential to shape employment opportunities at a time of global anxiety for jobs.

H-1B Visa: Nasscom pays nearly Rs 1 crore to two US lobbyists in Q1 of 2017

H-1B Visa: Nasscom pays nearly Rs 1 crore to two US lobbyists in Q1 of 2017

Sun, May 21, 2017

After a layoffs in India and and visa curbs in the US, IT industry body Nasscom has stepped up its lobbying with America and has paid a total amount of $1,50,000 (nearly Rs 1 crore) to two registered lobbyists in the country in the first quarter (Q1) of 2017.

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Sat, May 20, 2017

The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.

How a stronger Indian Rupee can hamper your career in India's IT sector

How a stronger Indian Rupee can hamper your career in India's IT sector

Fri, May 19, 2017

Samir Tripathi, analyst, ICICI research said, “Overall Rupee trajectory over a one year time frame is expected to be stronger than the one-year forward rates. From medium term perspective, we expect rupee to trade around 65.50 levels by March 2018 – with a variation of around 2%.”

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Thu, May 18, 2017

Despite rumours of massive layoffs and a bleak future at IT companies considering automation and protectionist attitudes of the west, Indians are still looking for jobs in these companies.

Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles

Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles

Thu, May 18, 2017

Value of top Indian brands increased 15% in 2017, ahead of the global average of 11%. Brand Finance List features some surprises in its 2017 brand evaluation that puts Tata's brand on top and IT services that performed well despite of backlash of of H1-B visa fiasco and job cuts.

Not correct to assume IT industry going for big job cuts: Govt

Not correct to assume IT industry going for big job cuts: Govt

Tue, May 16, 2017

IT Secretary Aruna Sundararajan said there could be some cases were contracts are not renewed as part of the regular annual appraisal cycle.

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