Infosys: News
India's top 9 firms add ₹3.65L crore in market cap
The combined market capitalization of nine out of the top 10 most valued companies in India jumped by ₹3.65 lakh crore last week.
'Foreign indentured servants': JD Vance clarifies comment
United States Vice President JD Vance has clarified his controversial remarks on H-1B visa workers, which he had earlier referred to as "foreign indentured servants."
Nandan Nilekani says AI will not destroy jobs
Nandan Nilekani, the co-founder and chairman of Infosys, has dismissed fears of artificial intelligence (AI) destroying jobs.
Why Infosys isn't worried about suspension of US PERM program
Infosys has said that the recent suspension of new and pending applications under the Permanent Labor Certification (PERM) program by the US will not have a material impact on its operations.
'Unwarranted': India slams JD Vance's 'indentured servants' remark
India has criticized United States Vice President JD Vance for his remarks on the US decision to suspend applications under the Permanent Labor Certification (PERM) program, where he labeled H1-B workers "indentured servants."
TCS to hire 15,000 people in US despite green-card curbs
Tata Consultancy Services (TCS) has announced its plan to hire 15,000 people in the US over the next five years to further strengthen its local workforce.
Why are markets rallying despite US green-card restrictions?
The Indian stock market witnessed a major recovery on Friday, with the BSE Sensex jumping over 800 points and the Nifty nearing the 22,500 mark.
'Indentured servants': JD Vance criticizes H-1B visa practices
United States Vice President JD Vance has accused tech giant Microsoft of abusing the H-1B visa system to replace American workers with cheaper foreign labor.
Trump suspends Microsoft, Adobe from green card program
The Trump administration has suspended tech giants Microsoft and Adobe, along with others from a program that facilitates permanent residency for skilled foreign workers in the US.
US suspends Microsoft, Infosys, Wipro, TCS from green card program
The United States has suspended several major technology companies from its Program Electronic Review Management (PERM) labor certification program, which helps employers sponsor foreign workers for green cards.
Sensex plummets over 600 points, Nifty slips below 22,600 mark
The Indian stock market witnessed another downturn on Tuesday, with the Sensex plunging over 600 points and the Nifty slipping below the 22,600 mark.
Infosys to move one-third of workforce into specialist roles
Infosys, the Bengaluru-based company, has announced plans to move a quarter to a third of its workforce into specialist roles.
Nifty IT index falls for 6th consecutive session
The Nifty IT index fell by 0.6% today, extending its losing streak to six consecutive sessions. The index has lost a total of 4% during this period.
Why Indian IT stocks lost ₹55,000cr in today's session
Indian IT stocks witnessed a massive loss of nearly ₹55,000 crore in market capitalization on Wednesday. The fall was led by Infosys and Coforge, which saw a decline of about 6% each.
Sensex rises nearly 550 points as IT stocks lead gains
India's stock market opened on a positive note today, with the Sensex gaining over 500 points in early trade.
Nepal floods: Infosys Public Services CEO Lax Gopisetty is unreachable
Infosys has confirmed that its subsidiary, Infosys Public Services's CEO, Lax Gopisetty, is currently unreachable.
Sensex gains over 650 points: What's behind today's rally?
The Indian stock market made a comeback on Thursday, with the Sensex and Nifty indices witnessing significant gains.
Musk-owned Cursor to set up India office by 2026-end
Cursor, an artificial intelligence (AI) coding start-up that is being acquired by Elon Musk's SpaceXAI, plans to set up its first office in India by the end of this year.
Mahindra Group appoints Shveta Arya as Group Chief Strategy Officer
Mahindra Group has announced the appointment of Shveta Arya as its new Group Chief Strategy Officer.
Indian IT firms cut bench strength amid AI push
India's leading IT services companies, including Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra, are witnessing a decline in their average bench strength.
BJP rejects portfolio change offer to Dharmendra Pradhan after resignation
The Bharatiya Janata Party (BJP) has dismissed media reports that the central government had offered former Union Education Minister Dharmendra Pradhan a new Cabinet portfolio after his resignation.
What's driving the rally in Indian IT stocks today
Leading Indian IT stocks, including Infosys and Tata Consultancy Services (TCS), witnessed a significant surge in their share prices on Monday.
Meet members of exam task force announced by PM Modi
Prime Minister Narendra Modi has announced a six-member task force, headed by Nandan Nilekani, to revamp India's examination system.
Infosys Q1 profit rises 12% to ₹7,769cr
Infosys has reported a 12.3% year-on-year (YoY) increase in its consolidated profit for the April-June quarter of FY27.
Tata holds India's top brand spot for 18th consecutive year
Tata Group has retained its position as India's most valuable brand for the 18th consecutive year.
Sensex surges 650 points: What's behind today's rally?
The Indian stock market witnessed another rally today, with the Sensex and Nifty rising by over 0.8% each.
Indian IT stocks down 50% from peak: Time to buy?
India's top IT companies, including Tata Consultancy Services (TCS) and Infosys, have seen their market capitalization drop by over 50% from their peak.
Indian IT sector's Nifty share at record-low: What's the reason?
India's information technology (IT) sector is witnessing a major decline in its dominance on the country's stock market.
Infosys shares plunge 9%, wiping out ₹40,000cr investor wealth
Infosys's shares plummeted by a staggering 9% on Friday, hitting a new 52-week low of ₹1,030 per share on the Bombay Stock Exchange (BSE).
TCS overtakes Accenture as world's most valuable IT services firm
Tata Consultancy Services (TCS) has surpassed Accenture to become the world's most valuable IT services company for the first time since 2021.
Sensex, Nifty plunge over 700 points as IT stocks crash
The Indian stock market witnessed a sharp decline in early trade on Friday, breaking a five-day winning streak.
Nifty IT crashes over 2%; HCL, Infosys lead fall
The Nifty IT index, a key indicator of India's information technology sector, has witnessed a major crash today.
Cognizant generates $200M sales pipeline by listening to employee conversations
Cognizant, a leading IT services company, has generated an additional $200 million in sales pipeline by leveraging artificial intelligence (AI) to analyze internal communications.
Infosys delays hiring tests for 20,000 candidates over cheating concerns
Infosys, a leading IT services company, has suspended online and in-person assessments for over 20,000 job seekers.
Why Nifty IT is down over 8% in 4 sessions
The Nifty IT index has witnessed a major slump, declining by 1.8% to 28,500 in morning trade today.
Indian IT firms tap GCCs for AI deals
India's leading IT services companies, including Infosys, Cognizant, HCLTech and Hexaware Technologies are focusing on Global Capability Centers (GCC) to meet the growing demand for artificial intelligence (AI) solutions.
Over 300,000 TCS, Infosys, Wipro employees using Microsoft 365 Copilot
India's top three IT services companies: Tata Consultancy Services (TCS), Infosys, and Wipro have adopted Microsoft 365 Copilot for over 100,000 employees each.
Infosys shares up 6% after rolling out AI-backed journalism tool
Infosys's shares rose by over 6% today, following the company's announcement of an artificial intelligence (AI)-powered editorial recommendation engine.
Infosys CEO's annual pay rises 2.5% to $8.7M
Infosys CEO Salil Parekh's annual compensation has increased by 2.5% to ₹826 million ($8.69 million) for the fiscal year 2026, as per the company's annual report.
Adani Power now has higher market cap than Infosys
Adani Power has overtaken IT giant Infosys in terms of market capitalization.
H-1B approvals plunge 40% for Indian IT firms
India's top six IT companies—Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies, Tech Mahindra and Cognizant—have seen a massive drop in their H-1B visa approvals.
EPFO to pay ₹50,000 compensation for 10-year-delay in PF transfer
The Chandigarh District Consumer Disputes Redressal Commission has directed the Employees' Provident Fund Organisation (EPFO) to pay ₹50,000 as compensation.
Indian IT stocks tumble as global economic concerns rattle investors
Major Indian IT stocks witnessed a sharp decline on Tuesday, with leading companies like Infosys and Tata Consultancy Services (TCS) witnessing losses of up to 4%.