Infosys stock tanks over 1% today ahead of Q1 earnings
New Delhi: After releasing the first quarter results, Infosys’ share price dropped 1.3% to Rs 1455.55. Analysts anticipate Infosys to report sequential revenue growth in INR in the low single...
Tag: Infosys
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Infosys inks five-year AI deal with $2 billion target spend
New Delhi: The second-largest exporter of software services from India, Infosys, announced on Monday that it has agreed to supply AI and automation services to current client over five years,...
India’s third largest IT firm: This financial year, will skip...
New Delhi: Two of the country’s biggest IT firms, Wipro and HCL, have deferred salary hikes for their employees from Q2 to Q3. For this financial year, HCL tech will skip...
IT companies shares jump up to 7%
New Delhi: Following a surge in international technology stocks brought on by falling US inflation, shares of Tata Consultancy Services (TCS), Infosys, Wipro, Persistent Systems, Zensar Technologies, and Birlasoft, among...
Bad news! Infosys delays raising employee pay
New Delhi: The IT industry leader in India, Infosys, has chosen to postpone the compensation increase for its staff, according to an article. According to the study, the compensation increase...
Infosys staff trained more than that of TCS in FY23
New Delhi: Compared to TCS employees, who recorded fewer learning hours than in FY22, Infosys employees logged more training and learning hours in FY23. About 50000 people used Lex during the...
Infosys cuts ties with Australian lobbying company Synergy 360
New Delhi: In order to get government contracts in Australia, Infosys paid lobbying company Synergy 360 $16 million over the course of five years. Andrew Groth, executive vice president, Australia,...
Evolving technology leads IT companies losing outsourced deals
New Delhi: Macroeconomic headwinds and emerging technologies like Generative AI and Low Code pose a challenge to the outsourcing business offered by Indian IT companies. Last week, Transamerica ended its...
Suzlon, HAL, and TVS Motors, reached 52-week highs
New Delhi: Domestic indices BSE Sensex and NSE Nifty 50 gained in trade on Monday. Nifty rose over 42 points to surpass the 18,600 level, while Sensex summed up 130...
Microsoft-backed Jugalbandi makes Indian Govt Schemes Multilingually Accessible
New Delhi: An Indian research group called Jugalbandi, supported by Microsoft and Infosys co-founder Nandan Nilekani, has been utilizing generative Artificial Intelligence (AI) to develop a mobile assistant that makes information...
