Infosys: News
20 Apr 2024
WiproWipro, TCS, Infosys collectively lost 63,759 workers in FY24
In a first occurrence over the past two decades, leading Indian IT companies Tata Consultancy Services (TCS), Infosys, and Wipro have reported a collective annual decrease in their workforce.
19 Apr 2024
NR Narayana MurthyNarayana Murthy's 5-month-old grandson to receive ₹4cr from Infosys dividend
Ekagrah Rohan Murty, the five-month-old grandson of billionaire Narayana Murthy, is set to receive a dividend income of ₹4.2 crore from his stake in Infosys.
18 Apr 2024
BusinessInfosys's Q4 profit surges 30% to ₹7,969 crore
Infosys has announced a substantial 30% increase in its consolidated profit for the fourth quarter ending March 2024.
14 Apr 2024
Stock MarketMarket valuation of 7 Indian firms skyrocketed by ₹59,404 crore
In a week shortened by the Eid-Ul-Fitr holiday, seven of India's ten most valued firms witnessed a combined market valuation surge of ₹59,404.85 crore.
09 Apr 2024
HDFC BankSensex crosses 75,000 mark for first time
The Indian stock market reached a significant milestone on Tuesday as Sensex surpassed the 75,000 mark for the first time.
31 Mar 2024
Government of IndiaInfosys to get Rs. 6,300 crore tax refund from government
Infosys, a prominent software services provider in India, is set to receive a significant tax refund of Rs, 6,329 crore from the Indian government's income tax department.
28 Mar 2024
HaryanaAshoka University responds after videos show students raising casteist slogans
Ashoka University in Haryana has issued a detailed statement after videos of its students shouting casteist slogans inside the campus flooded social media.
18 Mar 2024
Narayana MurthyNarayana Murthy gifts 4-month-old grandson Infosys shares worth Rs. 240cr
Narayana Murthy, founder of Infosys, has gifted the company's shares worth over Rs. 240 crore to his four-month-old grandson, Ekagrah Rohan Murty.
18 Mar 2024
Stock MarketSensex gains 105 points, Nifty settles above 22,050
On Monday, major indices of the stock market ended flat but in the green.
15 Feb 2024
KarnatakaInfosys, Jubilant, Foxconn under fire for not hiring Karnataka locals
During a recent Karnataka Assembly debate, major companies including Infosys, Foxconn, and Jubilant FoodWorks were criticized.
06 Feb 2024
Tata Consultancy Services (TCS)TCS's m-cap surpasses Rs. 15 lakh crore for first time
Tata Consultancy Services (TCS) achieved a market capitalization of over Rs. 15 lakh crore for the first time, as its stock rose nearly 4% in today's trading session.
29 Jan 2024
Stock MarketSensex gains over 1,240 points, Nifty settles near 21,740 mark
On Monday, the stock market closed on a bullish note. The Sensex gained 1,240.9 points or 1.76%, to settle at 71,941.57 points, while the Nifty climbed 385 points or 1.8%, closing at 21,737.6 points.
29 Jan 2024
PunePune: Infosys techie shot dead in hotel room by boyfriend
A 26-year-old software engineer was allegedly shot dead by her boyfriend in a hotel room on the outskirts of Pune, Maharashtra, on Saturday.
12 Jan 2024
NiftyWhy Nifty IT index has jumped 5% today
The Nifty IT Index skyrocketed 5% on Friday, reaching a 52-week high.
11 Jan 2024
Tata Consultancy Services (TCS)Infosys, TCS's combined headcount drops by over 11,700 in Q3
India's leading IT services firms, Infosys and Tata Consultancy Services (TCS), have witnessed a decrease in their workforce for the quarter ending December 31.
11 Jan 2024
BusinessInfosys's Q3 net profit falls 7% YoY to Rs. 6,106cr
Infosys, India's second-largest IT services company, saw a 7.3% year-on-year (YoY) decline in net profit for the third quarter of FY24, amounting to Rs. 6,106 crore.
05 Jan 2024
Narayan MurthyNarayana Murthy opens up about his 'big regret' regarding wife
Infosys co-founder Narayana Murthy recently expressed regret for not involving his family members, especially wife Sudha Murty, in the company.
26 Dec 2023
Stock MarketSensex gains 230 points, Nifty settles above 21,440 mark
On Tuesday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.32% to 71336.80 points, the Nifty jumped 0.43% to 21,441.30 points.
23 Dec 2023
Artificial Intelligence and Machine LearningInfosys loses $1.5 billion AI contract from global customer
Infosys has revealed that an unnamed global company has chosen to terminate a Memorandum of Understanding (MoU) for a $1.5 billion deal centered on artificial intelligence solutions.
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 MurthyIndian 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 CloudInfosys, Google Cloud strengthen partnership to aid firms become AI-ready
Infosys has announced plans to expand its partnership with Google Cloud.
13 Oct 2023
Tata Consultancy Services (TCS)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
IndiaInfosys 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
BusinessInfosys 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
IndiaIndia, 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
MicrosoftInfosys, 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
NVIDIANVIDIA 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
NiftyNifty 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 NadalTennis 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
BusinessInfosys 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 MarketSensex 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
HCLHere'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 MarketSensex loses 887 points, Nifty settles below 19,750 mark
On Friday, the benchmark Sensex and Nifty indices witnessed a slump.
21 Jul 2023
Stock MarketInfosys 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 MarketSensex gains 502 points, Nifty breaches 19,550 mark
On Friday, the benchmark Sensex and Nifty indices showed an upward trend.
30 Jun 2023
Stock MarketSensex 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 NilekaniInfosys 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 MarketSensex 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
IndiaIndia 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
BengaluruBengaluru: 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).
24 Apr 2023
Tata Consultancy Services (TCS)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
FinanceInfosys 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.
