Infosys: News

10 Nov 2023

Manish Tewari

'I work on Sundays': Manish Tewari advocates 70-hour work week

Congress veteran Manish Tewari, on Friday, endorsed the suggestion made by Infosys co-founder N R Narayana Murthy for young individuals to commit to a 70-hour work week in order to enhance India's productivity.

26 Oct 2023

Narayana Murthy

Indian youth should work 70 hours a week: Narayana Murthy

Infosys co-founder Narayana Murthy has said Indian youth should work 70 hours a week if the country wants to compete with rapidly advancing economies, in a recent episode of 3one4 Capital's podcast 'The Record.'

18 Oct 2023

Google Cloud

Infosys, Google Cloud strengthen partnership to aid firms become AI-ready

Infosys has announced plans to expand its partnership with Google Cloud.

Headcount in India's top IT firms down by over 16,000

During the second quarter of FY24, India's top IT firms, Tata Consultancy Services (TCS), Infosys, and HCLTech, witnessed a significant drop in headcount.

12 Oct 2023


Infosys headcount declines for third consecutive quarter to 3.29 lakh

IT services giant Infosys, has seen its headcount drop for the third quarter (ending September 30) in a row, with a decrease of 7,530 employees in Q2.

12 Oct 2023


Infosys Q2 net profit rises over 3% to Rs. 6,212cr

Infosys announced its Q2 financial results on Thursday, showing a 3.17% year-on-year (YoY) increase in net profit to Rs. 6,212 crore, up from Rs. 6,021 crore in the same quarter previous year.

30 Sep 2023


India, Argentina sign 'Social Security Agreement' for workers

India and Argentina inked a "Social Security Agreement (SSA)" on Friday to safeguard the legal rights of professionals employed in each other's nations, The Hindu reported.

26 Sep 2023


Infosys, Microsoft partner to accelerate adoption of generative AI

IT major Infosys is expanding its strategic partnership with Microsoft to create industry-leading generative artificial intelligence (AI)-enabled solutions for enterprises across various sectors.

20 Sep 2023


NVIDIA plans to train 50,000 Infosys employees in AI technology

US chip maker NVIDIA has announced a collaboration with Infosys, to establish a center of excellence for training and certifying 50,000 Infosys employees on NVIDIA's AI technologies.

15 Sep 2023


Nifty IT hits fresh 52-week high, up 27% since April

It's been approximately five months since April 17, 2023, when the Nifty IT index touched a 52-week low of 26,184.45. Since then IT stocks have shown an impressive comeback.

24 Aug 2023

Rafael Nadal

Tennis icon Rafael Nadal becomes Infosys's brand ambassador

Indian IT giant Infosys has inked a three-year partnership with tennis icon Rafael Nadal, marking his first-ever collaboration with a digital services firm.

15 Aug 2023


Infosys secures $1.6bn Liberty Global contract to enhance digital platforms

Indian IT services giant Infosys has secured a $1.6 billion deal with digital communications firm Liberty Global.

14 Aug 2023

Stock Market

Sensex and Nifty close with marginal gains amid sell-off pressure

On Monday, the stock market ended on a sluggish note but managed to stay in green. While the Sensex settled at 65,401.92 points, the Nifty closed at 19,434.55 points.

31 Jul 2023


Here's how much Indian IT CEOs earned in FY23

Chief executive officers (CEOs) of Indian IT giants have always been paid handsomely.

21 Jul 2023

Stock Market

Sensex loses 887 points, Nifty settles below 19,750 mark

On Friday, the benchmark Sensex and Nifty indices witnessed a slump.

21 Jul 2023

Stock Market

Infosys shares plummet as much as 10%: Here's what happened

The Indian stock market has had multiple record highs in the last few trading sessions. However, things turned out to be much different today.

14 Jul 2023

Stock Market

Sensex gains 502 points, Nifty breaches 19,550 mark 

On Friday, the benchmark Sensex and Nifty indices showed an upward trend.

30 Jun 2023

Stock Market

Sensex gains 806 points, Nifty settles near 19,200 mark

On Friday, the stock market ended on a strong, positive note as the benchmark Sensex and Nifty indices witnessed a surge.

20 Jun 2023

Nandan Nilekani

Infosys co-founder Nandan Nilekani donates Rs. 315cr to IIT Bombay 

Nandan Nilekani, the co-founder of Infosys, has donated Rs. 315 crore to the Indian Institute of Technology (IIT) Bombay, which he joined for a Bachelor's degree in electrical engineering in 1973.

06 Jun 2023

Stock Market

Sensex and Nifty end flat: Check today's top gainers

On Tuesday, major indices of the stock market ended flat with the Sensex settling at 62,792.88 points and the Nifty closing at 18,599 points.

31 May 2023


India Inc. brand value is now worth over $100 billion

The past few months have been tumultuous for businesses worldwide. The same was the case for India Inc.

25 May 2023


Bengaluru: Rains, thunderstorms to continue; doctors issue infection warning

Heavy rains accompanied by thundershowers and gusty winds will likely continue in Bengaluru till May 29, according to the India Meteorological Department (IMD).

Hirings drop in TCS, Infosys, HCL in FY23: Here's why

IT companies around the world have been struggling for the past year. Things haven't been any different in India as well.

17 Apr 2023


Infosys shares nosedive nearly 15%: Here's why

Infosys, India's second-largest IT firm, recently announced its quarterly results. The company's performance in the fourth quarter of FY23 was underwhelming at best.

13 Apr 2023


Sensex closes at 60,431 points, Nifty settles over 17,800 mark

On Thursday, major indices of the stock market ended in the green but flat with the Sensex settling at 60,431 points and the Nifty closing at 17,828 points.

31 Mar 2023

Stock Market

Sensex gains over 1,000 points, Nifty settles above 17,300 points

The stock market on Friday closed in the hands of the bull. The benchmark Sensex and Nifty indices witnessed an upward trend.

07 Feb 2023


Infosys fires 600 employees after they fail freshers assessment test

A failed internal freshers assessment (FA) test has resulted in the axing of 600 freshers by Indian IT services giant Infosys.

Infosys Q3 results: Profit increases 13% year-over-year to Rs. 6,586cr

Infosys has announced its financial results for the current fiscal year's third quarter.

15 Dec 2022

Nandan Nilekani

Infosys' next chairman will be a non-founding member: Nandan Nilekani

Infosys, India's second-largest IT services company, will have a non-founding chairman, said Nandan Nilekani, chairman and co-founder of the firm.

04 Oct 2022


Freshers left in lurch as Wipro, Tech Mahindra delay onboarding

India's IT sector is in turmoil. The fear of recession in the US and European markets has caught Indian IT companies in a pickle.

22 Sep 2022


Wipro fires 300 employees for moonlighting for rivals, violating integrity

Information Technology giant Wipro has fired 300 employees for moonlighting, Chairman Rishad Premji said on Wednesday.

26 Jul 2022


Sensex slips to 55,268 points, Nifty settles at 16,483

On Tuesday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged by 0.9% to 55,268.49 points, while the Nifty fell 0.89% to 16,483.85 points.

22 Jul 2022


Sensex rises to 56,072 points, Nifty settles above 16,700

On Friday, the benchmark Sensex and Nifty indices witnessed a rise, extending their winning streak for the sixth day in a row. The Sensex jumped 0.7% to 56,072.23 points while the Nifty climbed 0.68% to 16,719.45.

24 Jun 2022


Sensex climbs to 52,728 points, Nifty settles near 15,700 mark

On Friday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.88% to 52,727.98 points, the Nifty jumped 0.92% to 15,699.25 points.

09 Apr 2022

Rishi Sunak

UK: Rishi Sunak's PM prospects fade amid wife's tax controversy

Until recently, Rishi Sunak, the UK's Indian-origin finance minister, was widely regarded as a top contender to succeed Prime Minister Boris Johnson.

CBDT extends deadline for Income Tax Returns till December 31

The Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns (ITRs) for the assessment year 2021-22 till December 31.

05 Sep 2021

Narendra Modi

After backlash, RSS distances self from article calling Infosys 'anti-national'

The Bharatiya Janata Party (BJP)-led central government and leading industry bodies are reportedly keeping mum over the RSS-linked Panchjanya's "anti-national" remark against Infosys.

22 Aug 2021

Nandan Nilekani

Government summons Infosys CEO over glitches in I-T e-filing portal

The Finance Ministry has summoned Infosys MD and CEO, Salil Parekh, over the failure of the company to address issues pertaining to the glitches in the new Income Tax e-filing portal.

10 Aug 2021

Bharti Airtel

Sensex scales fresh peak, ends 152 points higher

Equity benchmark Sensex rose by 152 points to end at a record high on Tuesday, tracking gains in index majors HDFC, Bharti Airtel, and Infosys amid a largely positive trend in global markets.

10 Mar 2021

Data Leak

Infosys: Top brands could lose $223 billion to data breaches

In a report that studies the link between Cybersecurity and its impact on brand value, Infosys and Interbrand said that the world's top 100 brands stand to lose $223 billion in the event of a data breach.

04 Mar 2021


Infosys and Accenture will bear COVID-19 vaccination costs for employees

Software major Infosys and consulting firm Accenture said it will cover the coronavirus vaccination costs for its employees and immediate family members in India.

04 Jan 2021


In a first, Sensex crosses 48,000-mark, Nifty soars past 14,000

Domestic stock markets brought good news for investors as the S&P BSE Sensex index traded above 48,000 for the first time ever. The Sensex recorded a jump of 299.24 points, roughly 0.63%, to come at 48,168.22 on Monday morning.

18 Nov 2020

Narayana Murthy

COVID-19 vaccine should be free, says Infosys co-founder Narayana Murthy

A vaccine for COVID-19, whenever one becomes available, should be made free of cost for everyone, Infosys co-founder NR Narayana Murthy has said.

14 Mar 2020

Nirmala Sitharaman

Mobile phones to get more expensive; GST council raises tax

Mobile phones are expected to become more expensive as the government has raised the rate of Goods and Services Tax (GST) on them from 12% to 18%.

25 Feb 2020


RailYatri raises over Rs. 100 crore in funding: Details here

RailYatri, a travel-tech start-up, has raised over Rs. 100 crore in the latest funding round led by Entrust Family Office (NRJN Family Services), Infosys co-founder Nandan Nilekani, and Samsung Venture Investment.

07 Dec 2019

Noida raises $600k in seed round of funding, a Noida-based mutual funds investment platform, has raised $600k (approximately Rs. 4.3 crore) in a seed round of funding.

22 Oct 2019


Infosys shares fall after whistleblower episode, worst dip since 2013

India's second-largest IT firm, Infosys, has been hit by major turbulence that had a direct impact on its shares. On Tuesday, its shares dipped nearly 16% in early morning trade.

21 Oct 2019


Infosys CEO, CFO accused of 'unethical practices' to boost profits

A group of anonymous employees of the IT giant Infosys has accused the firm's CEO Salil Parekh and CFO Nilanjan Roy of "unethical practices" in a bid to boost short-term revenue and profits.

09 Aug 2019


Ashwiny Iyer Tiwari's next based on Narayana Murthy, wife Sudha

Filmmaker Ashwiny Iyer Tiwari, who is currently busy with Kangana Ranaut-starrer Panga, seems to have planned her next directorial as well.

10 Jul 2019


6 notable and successful alumni of IIT-Madras

The Indian Institute of Technology, Madras (IIT-Madras), stands as one of the country's most esteemed and sought-after institutions for quality technical education.

06 Jul 2019


Five famous alumni of IIT Kanpur you should know about

The Indian Institutes of Technology (IITs) are the country's premier engineering institutes that are recognized as centers of academic excellence in science and technology.

03 Jul 2019


Five of the most famous and successful alumni of IIT-Bombay

The Indian Institutes of Technology (IITs) are the country's premier engineering institutes and a dream destination for engineering aspirants.

08 Jan 2019


RBI appoints Infosys' Nandan Nilekani as Digital Payments Committee chairman

The Reserve Bank of India (RBI) has created a new committee to look into issues surrounding digital payments in India, and has named Infosys co-founder and former UIDAI chairman Nandan Nilekani as its chairman.

20 Dec 2018

Bharti Airtel

Infosys appoints Airtel veteran Nilanjan Roy as its new CFO

It seems like Infosys' search for a new Chief Financial Officer (CFO) has finally ended.

22 Sep 2018


If you can seal $100mn business deals, Infosys wants you

Since 2014, Infosys has had a bad deal sealing spell, and just seems unable to close mega business deals. Meanwhile, its competitors have marched ahead.

18 Sep 2018


Infosys loses arbitration, asked to pay Rs. 12cr to Bansal

India's second largest software company, Infosys Ltd., has lost the arbitration over its disputed severance package to former Chief Financial Officer (CFO) Rajiv Bansal.

23 Aug 2018


Kerala flood relief: Infosys' Sudha Murthy shows what humility is

With the sun finally shining on Kerala and flood waters receding, the southern state can heave a sigh of relief.

20 Jul 2018


Bengaluru metro network to get another station, courtesy Infosys

IT major Infosys' philanthropic arm, Infosys Foundation will soon add a station to the Bengaluru metro network, as per an agreement between the company and BMRCL.

07 Jul 2018


Bengaluru: Infosys to contribute Rs. 200cr for Konappana Agrahara Metro-Station

Infosys Foundation would contribute Rs. 200 crore to the Bengaluru Metro Rail Corporation Ltd for construction of Konappana Agrahara Metro Station and metro railway track and both parties would sign a MoU on July 19, Chief Minister HD Kumaraswamy said today.

100 Infosys-shares, bought in 1993, would've made you a crorepati

Infosys' share opened at a price of Rs. 1,253 today.

22 May 2018

Vishal Sikka

Ex-Infosys CEO Vishal Sikka received Rs. 13cr remuneration in 2017-18

Former Infosys CEO Vishal Sikka, who resigned last year after a row with Infosys co-founder NR Narayana Murthy, received around Rs. 13cr in compensation for 2017-18.

IT-lens on salaried class after IBM, Infosys employees' fraud detected

After several tax-evasion cases by salaried employees emerged in Bengaluru, Mumbai and Ludhiana, the income-tax department issued a caution recently asking tax payers not to under-report their income or claim incorrect deductions.

16 Apr 2018

Vishal Sikka

Whistleblower asks SEBI to question Infosys board

An anonymous whistleblower has sent a letter to market regulator SEBI demanding accountability about the Infosys board's decision to buy firms Panaya and Skava and sell them three years later at a significantly lower value.

14 Apr 2018


Infosys: Single digit salary hike for majority of employees

On Friday, Infosys announced that it had rolled out salary hikes ranging from "mid-single digit to high-single digit" for a majority of employees, both onsite, and offshore.