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Narayana Murthy defends 70-hour workweek concept again, calls on youth to work hard

Source: IANS
2024-12-16 11:39:44 am

Infosys surges after its JV strengthens collaboration with StarHub

Infosys is currently trading at Rs. 1988.15, up by 19.45 points or 0.99% from its previous closing of Rs. 1968.70 on the BSE. The scrip opened at Rs. 1975.00 and has touched a high and low of Rs. 1998.65 and Rs. 1973.00 respectively. So far 92197 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1998.65 on 12-Dec-2024 and a 52 week low of Rs. 1359.10 on 04-Jun-2024. Last one week high and low of the scrip stood at...

Infosys surges after its JV strengthens collaboration with StarHub

Source: Accord Fintech
2024-12-12 03:52:25 pm

Infosys rises on entering into strategic collaboration with Kardex

Infosys is currently trading at Rs. 1897.05, up by 6.75 points or 0.36% from its previous closing of Rs. 1890.30 on the BSE. The scrip opened at Rs. 1900.50 and has touched a high and low of Rs. 1914.45 and Rs. 1893.55 respectively. So far 48351 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1990.90 on 15-Oct-2024 and a 52 week low of Rs. 1359.10 on 04-Jun-2024. Last one week high and low of the scrip stood at ...

Infosys rises on entering into strategic collaboration with Kardex

Source: Accord Fintech
2024-12-05 10:49:59 am

Headwinds yet to peak out, Nifty target cut to 27,381 : PL Capital- Prabhudas Lilladher

PL Capital- Prabhudas Lilladher, one of the most trusted financial services organisations in India, in its latest India Strategy Reportstated that the Indian markets are on course but headwinds are yet to peak out. The firm has cut its base case NIFTY target to 27,381 (27,867 earlier) on Nifty EPS cut by 0.5/2.0/1.5 for FY25/26/27 and recommends selective buying on dips for long-term gains. According to the report, demand conditions remain mixed with steady uptick in rural demand given low...

Headwinds yet to peak out, Nifty target cut to 27,381 : PL Capital- Prabhudas Lilladher

Source: Prabhudas Lilladher Pvt. Ltd
2024-11-28 12:08:36 pm

Stock Picks : Infosys Ltd and Ashok Leyland Ltd By ICICI Direct

Infosys Ltd Buy Infosys Ltd @ 1876-1880 Target 1902.00 Stop Loss 1867.40 Ashok Leyland Ltd Buy Ashok Leyland Ltd @ 230-231 Target 233.00 Stop Loss 229.00 Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631

Stock Picks : Infosys Ltd and Ashok Leyland Ltd By ICICI Direct

Source: ICICI Direct
2024-11-26 10:36:04 am

Strong Performance again… Quick Pointers: * Pick up discretionary spending in FS and traction in sub US$ 50 mn deals indicate demand recovery * Guidance for FY25 increased further to 3.75-4.5% in CC terms (3-4% earlier) INFY reported another strong quarter with revenue of US$ 4.9 bn, up 3.1% QoQ CC (in-line of PLe & above cons. est. of 2.9% QoQ CC). Manufacturing & Europe led growth in Q2; aided by In-Tech integration led the growth. EBIT margin was flat at 21.1% vs...

Buy Infosys Ltd For Target Rs.2,260 By PL Capital

Source: Prabhudas Lilladher Pvt. Ltd
2024-11-24 12:49:41 pm

Infosys Ltd * Among the IT space, INFY is the strongest counter to deliver consistent performance. * INFY has formed a clear uptrend with the least volatility distracting the trend. * Recently, stock comprehended a healthy correction from record highs and rebounded from 100EMA zones. * Recommendation: Maintain buy and accumulate for short as well as medium term for new fresh highs to 2000 Mark. * Traders are recommended to accumulate in the mentioned range. Buy Info...

Stock of the day : Infosys Ltd For Target Rs. 1970 - Religare Broking

Source: Religare Broking
2024-11-14 10:55:03 am

Share market opens flat, Bharti Airtel and ICICI Bank among top gainers

The Indian stock market opened flat on Tuesday as buying was seen in realty, media, IT, PSU bank, financial services and pharma sectors in early trade. Sensex was trading at 79,584.29 after rising 88.14 points or 0.11 per cent. At the same time, Nifty was trading at 24,172.95 after rising 31.65 points or 0.13 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1,525 stocks were trading in green, while 651 stocks were trading in red. Nifty Bank wa...

Share market opens flat, Bharti Airtel and ICICI Bank among top gainers

Source: IANS
2024-11-12 12:27:30 pm

Companies expect 15 pc productivity gain on average with enterprise AI: Infosys

Enterprises expect an average boost of 15 per cent in productivity from their current artificial intelligence (AI) projects, with some even anticipating up to 40 per cent gains, a report said on Tuesday. However, only two per cent of organisations are ready across all five key dimensions: talent, strategy, governance, data, and technology, according to the research from the Infosys Knowledge Institute (IKI), the research arm of Infosys. The biggest gaps lie in technology readiness...

Companies expect 15 pc productivity gain on average with enterprise AI: Infosys

Source: IANS
2024-10-29 05:37:20 pm

Infosys Ltd. reported strong Q2FY25 revenues at $4,894mn, up 3.1% QoQ and 3.3% YoY in cc terms driven by growth in financial services. In USD terms, reported revenue was up 3.8% QoQ and 3.7% YoY. INR revenue for Q2FY25 stood at INR409.9bn, up 4.3% QoQ and 5.1% YoY. Q2FY25 Large TCV stood at $2.4bn (41% being net new). PAT for the quarter came in at INR65.1bn, up 2.2% QoQ and 4.7% YoY, with EPS at INR15.7 * Revenue guidance improved to 3.75-4.50% cc for FY25E: Management sees increase...

Buy Infosys Ltd For Target Rs. 2,142 By Choice Broking Ltd

Source: Choice Broking Ltd
2024-10-22 02:53:38 pm

Steady revenue growth: Infosys reported increased in Q2FY25 constant currency revenue growth by 3.1%/3.3% QoQ YoY respectively. In rupee terms, revenue reached ?40,986 crore, marking a growth of 4.3% QoQ and 5.1% YoY. Dollar revenue stood at USD 4,894 million, up by 3.8% QoQ and 3.7% YoY. The growth was primarily driven by the manufacturing, energy, communications, financial services and high-tech sector. However, retail and life sciences sectors experienced a decline. Geographically, India a...

Accumulate Infosys Ltd For Target Rs.2,041 By Religare Broking Ltd

Source: Religare Broking Ltd
2024-10-22 10:15:23 am

Guidance upgrade a dampener Discretionary spend enthusiasm currently restricted to US banks * Infosys (INFO) reported 2QFY25 revenue of USD4.9b, growth of 3.1% QoQ/3.3% YoY CC vs. our estimate of 3.0% QoQ CC. EBIT margins stood at 21.1% vs. our estimates of 20.3%. EBIT grew 4.4% QoQ/4.5% YoY to INR86b (est. INR83b). PAT came in at INR65b, up 2.2% QoQ/4.7% YoY, in line with our estimate of INR66b. FY25 revenue growth guidance upgraded from 3-4% to 3.75%-4.5%. For 1HFY25, revenue/EBIT/PAT...

Buy Infosys Ltd For Target Rs. 2200 By Motilal Oswal Financial Services Ltd

Source: Motilal Oswal Financial Services Ltd
2024-10-21 10:33:11 am

Inline performance: Increases revenue growth guidance to 3.75%-4.5% cc for FY25 Infosys reported robust performance for the quarter. Both revenue and EBIT margin were inline with estimates. Reported revenue of Rs 409.8bn, up 4.3% QoQ in INR terms, up 2.5% QoQ in USD terms. Segment-wise, in cc terms, Financial services grew by 2.3% YoY, Energy and Utilities grew by 10.9% YoY, Manufacturing grew by 12.3% YoY and Communication grew by 7% YoY. While, Retail was soft, down 9.6% YoY. EBIT margin...

Add Infosys Ltd For Target Rs. 2122 By Centrum Broking Ltd

Source: Centrum Broking Ltd
2024-10-20 09:51:59 am

India`s Infosys, Wipro top Q2 revenue estimates as spending revives

Indian software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay financial industry clients boosted spending. After over a year of curtailed spending due to economic uncertainty and high borrowing costs, global banks are reviving projects they had on ice, raising hopes for the $254-billion Indian IT sector that gets about a third of its revenue from BFSI clients. Infosys, India's No.2 IT services company, registered a 2.3% increase in revenue...

India`s Infosys, Wipro top Q2 revenue estimates as spending revives

Source: Reuters
2024-10-17 04:52:19 pm

Infosys moves up on collaborating with zooplus to drive digital transformation

Infosys is currently trading at Rs. 1928.15, up by 9.10 points or 0.47% from its previous closing of Rs. 1919.05 on the BSE. The scrip opened at Rs. 1918.05 and has touched a high and low of Rs. 1929.15 and Rs. 1909.90 respectively. So far 6174 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1976.90 on 09-Oct-2024 and a 52 week low of Rs. 1352.00 on 01-Nov-2023. Last one week high and low of the scrip stood at R...

Infosys moves up on collaborating with zooplus to drive digital transformation

Source: Accord Fintech
2024-10-11 09:47:57 am

Infosys gains on expanding pact with Old National Bank

Infosys is currently trading at Rs. 1962.30, up by 13.80 points or 0.71% from its previous closing of Rs. 1948.50 on the BSE. The scrip opened at Rs. 1951.70 and has touched a high and low of Rs. 1967.40 and Rs. 1945.50 respectively. So far 12630 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1975.05 on 02-Sep-2024 and a 52 week low of Rs. 1352.00 on 01-Nov-2023. Last one week high and low of the scrip stood at...

Infosys gains on expanding pact with Old National Bank

Source: Accord Fintech
2024-10-09 10:53:54 am

Infosys rises on entering into strategic collaboration with Polestar

Infosys is currently trading at Rs. 1910.85, up by 14.85 points or 0.78% from its previous closing of Rs. 1896.00 on the BSE. The scrip opened at Rs. 1890.35 and has touched a high and low of Rs. 1915.00 and Rs. 1890.35 respectively. So far 55038 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1975.05 on 02-Sep-2024 and a 52 week low of Rs. 1352.00 on 01-Nov-2023. Last one week high and low of the scrip stood at...

Infosys rises on entering into strategic collaboration with Polestar

Source: Accord Fintech
2024-09-26 12:41:01 pm

Infosys gains on extending strategic collaboration with Posti

Infosys is currently trading at Rs. 1904.60, up by 10.45 points or 0.55% from its previous closing of Rs. 1894.15 on the BSE. The scrip opened at Rs. 1911.25 and has touched a high and low of Rs. 1911.25 and Rs. 1887.00 respectively. So far 10288 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1975.05 on 02-Sep-2024 and a 52 week low of Rs. 1352.00 on 01-Nov-2023. Last one week high and low of the scrip st...

Infosys gains on extending strategic collaboration with Posti

Source: Accord Fintech
2024-09-20 10:06:24 am

Infosys is currently trading at Rs. 1955.45, up by 5.70 points or 0.29% from its previous closing of Rs. 1949.75 on the BSE. The scrip opened at Rs. 1949.75 and has touched a high and low of Rs. 1958.20 and Rs. 1942.45 respectively. So far 55281 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1975.05 on 02-Sep-2024 and a 52 week low of Rs. 1352.00 on 01-Nov-2023. Last one week high and low of the scrip stood at ...

Infosys gains on collaborating with LIC

Source: Accord Fintech
2024-09-17 02:16:38 pm

Infosys to boost LIC`s digital transformation journey

IT services major Infosys on Monday announced a collaboration with the Life Insurance Corporation (LIC) of India to further enhance its digital transformation. As part of the collaboration, Infosys will spearhead LIC’s digital transformation initiative called DIVE (Digital Innovation and Value Enhancement), enabling the creation of the ‘NextGen Digital Platform’, which will focus on delivering seamless omni-channel engagement and data-driven hyper-personalised...

Infosys to boost LIC`s digital transformation journey

Source: IANS
2024-09-16 12:38:38 pm

Infosys rises on collaborating with Stanford HAI

Infosys is currently trading at Rs. 1942.15, up by 2.95 points or 0.15% from its previous closing of Rs. 1939.20 on the BSE. The scrip opened at Rs. 1935.00 and has touched a high and low of Rs. 1947.25 and Rs. 1925.10 respectively. So far 33720 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1950.20 on 28-Aug-2024 and a 52 week low of Rs. 1352.00 on 01-Nov-2023. Last one week high and low of the scrip stood at ...

Infosys rises on collaborating with Stanford HAI

Source: Accord Fintech
2024-08-29 10:35:08 am

Nifty hits all-time high as IT stocks lead the rally

Indian frontline line indices extended gains in mid-session on Wednesday due to a rally in the IT stocks. Due to the uptrend, the National Stock Exchange (NSE) benchmark Nifty made a new all-time high of 25,114, previously it was 25,078. At 1.23 p.m., Sensex was up 233 points or 0.28 per cent at 81,943 and Nifty was up 84 points or 0.34 per cent at 25,102. The rally was driven by IT stocks as the Nifty IT index also made a new lifetime high of 42,712. Weakness was seen in th...

Nifty hits all-time high as IT stocks lead the rally

Source: IANS
2024-08-28 02:07:48 pm

Nifty crosses 25,000 mark again, just 50 points away from all-time high

The National Stock Exchange (NSE) benchmark Nifty extended its gains after opening in the green and hit 25,000 in mid-session on Monday. It is the eighth-consecutive session when the Nifty is trading with gains. At 1:10 P.M., Nifty was at 25,025, up 201 points or 0.81 per cent and the Sensex was up 671 points or 0.83 per cent at 81,757. The Nifty was just 50 points away from its lifetime high of 25,078. Indian equity indices are following US market gains after Federal Reser...

Nifty crosses 25,000 mark again, just 50 points away from all-time high

Source: IANS
2024-08-26 01:56:06 pm

Stock Picks : Infosys�Ltd And Hindalco Industries Ltd By ICICI Direct

Infosys Ltd Buy Infosys Ltd @ 1865-1868 Target 1889.00 Stop Loss 1857.10 Hindalco Industries Ltd Buy Hindalco Industries Ltd @ 683-685 Target 691.00 Stop Loss 680.90 Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631

Stock Picks : Infosys�Ltd And Hindalco Industries Ltd By ICICI Direct

Source: ICICI Direct
2024-08-26 10:46:27 am

Sensex trades higher on positive global cues

Indian equity indices opened in the green on Thursday following positive cues from US markets. At 9.44 a.m., Sensex was up 194 points or 0.24 per cent at 81,099 and Nifty was up 60 points or 0.24 per cent at 24,830. The market trend remains positive. On the National Stock Exchange (NSE), 1,730 shares were in green and 423 shares in the red. In early trade, Buying was being seen in IT and FMCG stocks. The Nifty IT index was up by 0.42 per cent and the Nifty FMCG index was up by ...

Sensex trades higher on positive global cues

Source: IANS
2024-08-22 10:22:10 am

Infosys Ltd * We are seeing noticeable resilience in the IT pack, especially the heavyweights. * Among the prominent names, INFY has reclaimed the short term MA i.e. 20 DEMA after the marginal dip. * The chart pattern indicates gradual recovery in the coming sessions. * We thus recommend creating fresh longs in the mentioned range. Buy Infosys Ltd CMP 1823.25 Range 1815-1825 SL 1770 Target 1910 &n...

Stock of the day : Infosys Ltd For Target Rs. 1910 - Religare Broking

Source: Religare Broking Ltd
2024-08-16 11:00:28 am

Sensex trades higher, smallcap and midcap stocks under pressure

The Indian equity indices opened higher on Wednesday as smallcap and midcap stocks saw some pressure in the morning trade. At 9:47 a.m., Sensex was up 154 points or 0.20 per cent at 79,110 and Nifty was up 23 points or 0.10 per cent at 24,162. Selling was seen in the midcap and smallcap stocks. Nifty midcap 100 index is down 167 points or 0.29 per cent at 56,714 and Nifty small 100 index is down 72 points or 0.40 per cent at 18,131. Among the sectoral indices, Auto, IT, PSU Ban...

Sensex trades higher, smallcap and midcap stocks under pressure

Source: IANS
2024-08-14 10:27:20 am

Stock Picks : HDFC Bank Ltd And Infosys Ltd By ICICI Direct

HDFC Bank Ltd Buy HDFC Bank Ltd @ 1649-1651 Target 1668.00 Stop Loss 1640.80 Infosys Ltd Buy Infosys Ltd @ 1749-1752 Target 1769.00 Stop Loss 1741.00 Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631

Stock Picks : HDFC Bank Ltd And Infosys Ltd By ICICI Direct

Source: ICICI Direct
2024-08-09 10:28:15 am

Revenue increased & above expectations: Infosys reported increased in Q1FY25 constant currency revenue growth by 3.6%/2.5% QoQ/YoY respectively. In rupee terms, revenue reached ?39,315 crore, marking a growth of 3.7% QoQ and 3.6% YoY. Dollar revenue stood at USD 4,714 million, up by 3.3% QoQ and 2% YoY. The growth was primarily driven by the manufacturing, energy, communications, high-tech, and life sciences sectors. However, the financial services and retail sectors, which contribute 41-...

Accumulate Infosys Ltd For Target Rs.1,931 By Religare Broking Ltd

Source: Religare Broking
2024-08-06 03:10:35 pm

Infosys Ltd. reported stellar Q1FY25 revenues at $4,714mn, up 3.6% QoQ and 2.5% YoY in cc terms driven by broad based growth across verticals and geographies. In USD terms, reported revenue was up 3.3% QoQ and 2.1% YoY. INR revenue for Q1FY25 stood at INR393.2bn, up 3.7% QoQ and 3.6% YoY. Q1FY25 TCV stood robust at $4.1bn (57.6% being net new) with 34 large deal wins, up 78% YoY. PAT for the quarter came in at INR63.7bn, up 7.1% YoY with EPS at INR15.4 * Revised revenue guidance to 3-4% cc...

Buy Infosys Ltd For Target Rs. 1,885 By Choice Broking Ltd

Source: Choice Broking Ltd
2024-08-05 12:54:38 pm

Stock Picks : State Bank of India Ltd And Infosys Ltd By ICICI Direct

State Bank of India Ltd. Buy State Bank of India Ltd @ 856-858 Target 866.00 Stop Loss 850.30 Infosys Ltd. Buy Infosys Ltd @ 1822-1826 Target 1844.00 Stop Loss 1813.00 Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631

Stock Picks : State Bank of India Ltd And Infosys Ltd By ICICI Direct

Source: ICICI Direct
2024-07-24 10:57:47 am

Strong operating performance; early signs of recovery in BFSI Infosys delivered a strong operating performance in Q1. Revenue grew 3.3% QoQ to US$4.71bn (3.6% in CC; adjusted for one-offs: 3.1% CC), coming ahead of our estimate. EBITM expanded by 100bps to 21.1%, beating our estimate. However, revenue and margin were aided by a one-off to the tune of 50bps and 40bps. The management has increased FY25 revenue growth guidance to 3-4% CC (from 1-3% earlier), considering the i) solid Q1 perfor...

Buy Infosys Ltd For Target Rs. 2,050 By Emkay Global Financial Services

Source: Emkay Global Financial Services Ltd
2024-07-21 12:39:15 pm

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

As the Centre is set to present the Union Budget 2024-2025 on July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism. The market anticipates a continuation of last year's incentives, maintaining the status quo. A continued focus on infrastructure, including roads, railways, ports, airport expansions, defence, and tourism, is vital. In the past week, Nifty has recorded a slight gain of ...

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

Source: IANS
2024-07-21 11:42:40 am

INFO’s 1Q headline print was strong. Revenues grew 3.6% cc QoQ, exceeding expectations (JMFe: 2.1%). EBIT margin expanded 100bps QoQ (JMFe: 50bps). INFO raised its FY25 cc revenue growth guidance to 3-4% (from 1-3%). There were caveats though in all these numbers. Revenue/margin was aided by one-off benefit of 50bps/40bps. Revised guidance includes in-organic contribution (in-tech acquisition) of c.80bps (JMFe). These one-offs aside, we still find a lot of positives in the result. Core ...

Buy Infosys Ltd For Target Rs. 2,010 By JM Financial Services

Source: JM Financial Services
2024-07-19 02:50:36 pm

One-offs boost guidance, but demand improving * INFO reported 1QFY25 revenues of USD4,714b, growth of 3.6% QoQ/2.5% YoY CC vs. our estimate of ~2% QoQ CC. EBIT margins stood at 21.1% vs. our estimates of 20.4%. EBIT grew 9% QoQ/5.5% YoY to INR83b (est. INR79b). PAT came in at INR64b, up 4.8% QoQ/7.1% YoY, in line with our estimate of INR64b. Deal wins were strong at USD4.1b (flat QoQ). INFO upgraded its FY25 revenue growth guidance to 3-4% YoY in CC (1-3% earlier). The growth outperformanc...

Buy Infosys Ltd For Target Rs. 2,000 By Motilal Oswal Financial Services

Source: Motilal Oswal Financial Services Ltd
2024-07-19 12:17:15 pm

Infosys soars on reporting 7% rise in Q1 consolidated net profit

Infosys is currently trading at Rs. 1802.10, up by 42.95 points or 2.44% from its previous closing of Rs. 1759.15 on the BSE. The scrip opened at Rs. 1842.05 and has touched a high and low of Rs. 1843.00 and Rs. 1802.10 respectively. So far 327501 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1,843.00 on 19-Jul-2024 and a 52 week low of Rs. 1311.60 on 21-Jul-2023. Last one week high and low of the scrip stood ...

Infosys soars on reporting 7% rise in Q1 consolidated net profit

Source: Accord Fintech
2024-07-19 09:56:21 am

Infosys` headcount drops 1,908 in Q1 FY25, plans to hire 20,000 freshers as per growth

IT giant Infosys on Thursday reported a drop in headcount by 1,908 in the April-June quarter of the current fiscal (FY25). The company’s Chief Financial Officer (CFO) Jayesh Sanghrajka said during the company's quarterly earnings call that they are looking to hire up to 20,000 freshers this year, depending on the growth. The total headcount at the company was 315,332, down from 317,240 at the end of the March quarter. On a year-on-year (YoY) basis, the overall hea...

Infosys` headcount drops 1,908 in Q1 FY25, plans to hire 20,000 freshers as per growth

Source: IANS
2024-07-19 09:23:32 am

India`s Infosys beats Q1 revenue view, raises FY growth forecast

India's No.2 IT services firm Infosys beat quarterly revenue estimates on Thursday, helped by a recovery in demand from clients in its financial services and manufacturing verticals. Consolidated revenue in the first quarter rose 3.6% to 393.15 billion rupees ($4.70 billion), beating analysts' average estimate of 389.15 billion rupees, as per LSEG data. The company also raised its revenue growth forecast for the financial year 2025 to 3%-4%, from its prior view of 1%-3%. Most...

India`s Infosys beats Q1 revenue view, raises FY growth forecast

Source: Reuters
2024-07-18 04:09:58 pm

Bill only advisory; interests of locals, industries will be protected: Karnataka minister

Karnataka government under fire from industrialists following the announcement of the proposed Bill reserving jobs for Kannadigas in the private sector, assured on Wednesday that the interests of both locals and industries would be protected. Expressing dissatisfaction with the Bill, former Infosys CFO, Mohandas Pai posted on X, saying, "Indeed! It's discriminatory, regressive, and unconstitutional. As a tech hub, we need skilled talent. While local jobs are important, we ca...

Bill only advisory; interests of locals, industries will be protected: Karnataka minister

Source: IANS
2024-07-17 05:28:14 pm

India`s G20 task force report aims to boost Digital Public Infrastructure worldwide

The final report of India’s G20 Task Force on Digital Public Infrastructure aimed at strengthening the foundations of DPI worldwide, especially the Global South, was released here on Monday The work of this Task Force had led to the acceptance of the definition and framework of the Digital Public Infrastructure (DPI) during India’s G20 Presidency and will be taken forward for implementation during the Brazilian and South African Presidencies. The report will play a ke...

India`s G20 task force report aims to boost Digital Public Infrastructure worldwide

Source: IANS
2024-07-16 09:39:27 am

Infosys gains as its arm bags contract from Delaware Department of Labor

Infosys is currently trading at Rs. 1685.60, up by 32.55 points or 1.97% from its previous closing of Rs. 1653.05 on the BSE. The scrip opened at Rs. 1675.05 and has touched a high and low of Rs. 1687.90 and Rs. 1666.85 respectively. So far 196199 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1731.00 on 06-Feb-2024 and a 52 week low of Rs. 1311.60 on 21-Jul-2023. Last one week high and low of the scrip stood a...

Infosys gains as its arm bags contract from Delaware Department of Labor

Source: Accord Fintech
2024-07-12 10:49:24 am

Sensex at all-time high as largecap stocks lead

Indian equity indices opened in green on Friday following buying in largecap stocks. Sensex and Nifty made a new all-time high of 79,671 and 24,174 respectively. At 10 a.m., Sensex was at 79,558, up 314 points or 0.40 per cent and Nifty was up 93 points or 0.39 per cent, at 24,137. NTPC, Sun Pharma, Tech Mahindra, Tata Motors, Power Grid, Tata Steel, Nestle, Asian Paints, Infosys, HDFC Bank and JSW Steel are the top gainers. Whereas, UltraTech Cement, Axis Bank, IndusInd Bank, Mar...

Sensex at all-time high as largecap stocks lead

Source: IANS
2024-06-28 12:18:19 pm

Stock Picks : Infosys Ltd. And Tata Power Ltd. By ICICI Direct

Infosys Ltd. Buy Infosys Ltd. @ 1575-1578 Target 1595 Stop Loss 1569 Tata Power Ltd. Buy Tata Power Ltd. @ 440-441 Target 446 Stop Loss 437.30 Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631

Stock Picks : Infosys Ltd. And Tata Power Ltd. By ICICI Direct

Source: ICICI Direct
2024-06-28 11:34:44 am

Infosys inches up on launching AI-amplified marketing services `Infosys Aster`

Infosys is currently trading at Rs. 1501.65, up by 3.80 points or 0.25% from its previous closing of Rs. 1497.85 on the BSE. The scrip opened at Rs. 1502.45 and has touched a high and low of Rs. 1507.60 and Rs. 1498.50 respectively. So far 24992 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1731.00 on 06-Feb-2024 and a 52 week low of Rs. 1262.30 on 26-Jun-2023. Last one week high and low of the scrip stood at ...

Infosys inches up on launching AI-amplified marketing services `Infosys Aster`

Source: Accord Fintech
2024-06-19 10:42:06 am

Stock Picks : Tata Consumer Ltd And Infosys Ltd By ICICI Direct

Tata Consumer Ltd Buy Tata Consumer Ltd. @ 1137-1140 Target 1155.00 Stop Loss 1129.80 Infosys Ltd Buy Infosys Ltd. @ 1424-1428 Target 1446 Stop Loss 1415 Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631

Stock Picks : Tata Consumer Ltd And Infosys Ltd By ICICI Direct

Source: ICICI Direct
2024-06-06 11:53:56 am

Infosys CEO`s compensation rose 17% to $7.9 million in FY 2024

Infosys CEO Salil Parekh's compensation rose 17.3% to 662.4 million rupees ($7.9 million) in fiscal year 2024, making him one of the highest paid Indian IT chiefs currently occupying office. The longest-serving non-founder CEO at the tech firm took home 74.7 million rupees in total fixed pay and 197.5 million rupees in bonuses, incentives and variable pay, the country's No.2 software maker revealed in its annual report on Monday. The compensation also included 390.3 millio...

Infosys CEO`s compensation rose 17% to $7.9 million in FY 2024

Source: Reuters
2024-06-04 09:23:46 am

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Infosys CEO`s compensation rose 17% to $7.9 million in FY 2024