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Infosys Ltd News

Infosys stock best IT bet post Q1, say analysts; target price increased

This came after Infosys trumped street estimates in its financial performance for the first quarter of financial year 2024-25 (Q1FY25) while also giving higher growth guidance than expected for FY25

Infosys stock best IT bet post Q1, say analysts; target price increased
Updated On : 19 Jul 2024 | 9:41 AM IST

Infosys to hit campuses; total hiring target at 15,000-20,000 for FY25

IT major's Q1FY25 headcount dropped by 1,908 employees

Infosys to hit campuses; total hiring target at 15,000-20,000 for FY25
Updated On : 18 Jul 2024 | 5:31 PM IST

Q1 results: Infosys tops profit estimates, lifts FY25 revenue forecast

Sees 7.1% rise in Q1 earnings, 100 bps improvement in margin to 21.1%

Q1 results: Infosys tops profit estimates, lifts FY25 revenue forecast
Updated On : 18 Jul 2024 | 4:07 PM IST

Infosys hits 52-week high ahead of Q1 results; check what street expects

Shares of Infosys, the second biggest domestic information technology (IT) company soared up to 1.90 per cent, hitting their 52-week high at Rs 1,758.60 per share on the BSE

Infosys hits 52-week high ahead of Q1 results; check what street expects
Updated On : 18 Jul 2024 | 1:45 PM IST

Q1 Preview: Infosys to lead IT-pack, may see profits rise up to 10% YoY

Infosys is expected to lead the tier 1 Indian IT universe with the strongest growth, led by ramp-ups of multiple mega-deals, and a low base effectively providing one per cent kicker to June 2024

Q1 Preview: Infosys to lead IT-pack, may see profits rise up to 10% YoY
Updated On : 16 Jul 2024 | 9:21 AM IST

How to trade TCS post Q1 results? Key levels to track on Infy, HCLT, Wipro

IT stocks outlook: TCS can potentially rally another 6 per cent from present levels; while Infosys, Wipro and LTIMindtree can rally up to 15%, suggest charts.

How to trade TCS post Q1 results? Key levels to track on Infy, HCLT, Wipro
Updated On : 12 Jul 2024 | 9:56 AM IST

IT stocks gain post TCS decent Q1 results; Mphasis, Sonata rally up to 6%

IT stocks today: TCS, Mphasis, Accelya Solutions India, Sonata Software, and Kellton Tech Solutions rose in the range of 3 per cent to 6 per cent

IT stocks gain post TCS decent Q1 results; Mphasis, Sonata rally up to 6%
Updated On : 12 Jul 2024 | 10:19 AM IST

Sensex, Nifty Outlook July 12: Gap-up open likely post TCS Q1; Asia down

All you need to know before the market opens on Friday: GIFT Nifty hints at likely 100-point opening gain; TCS Q1 beat analyst expectation, Infy ADR jumped 3% in the US; Japan's Nikkei down over 2%.

Sensex, Nifty Outlook July 12: Gap-up open likely post TCS Q1; Asia down
Updated On : 12 Jul 2024 | 7:19 AM IST

Infosys, Sector Alarm partner to transform enterprise biz systems on cloud

Indian IT services company Infosys on Tuesday announced a five-year collaboration with Sector Alarm, one of Europe's leading providers in security, to migrate their core enterprise business systems on the cloud. According to a release, Infosys will work closely with Sector Alarm to migrate their disparate, on-premises Enterprise Resource Planning (ERP) platform onto Microsoft Dynamics 365 Finance and Operations (F&O), helping them modernise their financial and business operating models. "Infosys, a global leader in next-generation digital services and consulting, today announced a strategic five-year collaboration with Sector Alarm, one of Europe's leading providers in security, who are partially owned by global investment firm KKR, to transform their core enterprise business systems on the cloud," the release said. Capitalising on Infosys' digital transformation capabilities, the Microsoft platform will enable Sector Alarm to streamline finances, gain business insights, and help .

Infosys, Sector Alarm partner to transform enterprise biz systems on cloud
Updated On : 09 Jul 2024 | 8:52 PM IST

Hemant Lamba submits resignation as Infosys Executive Vice President

Infosys on Friday said Hemant Lamba, Executive Vice President and Global Head of Strategic Sales, has resigned from the company. The Bengaluru-headquartered IT services firm informed about the resignation of the Senior Management Personnel in a statutory filing. "This is to inform that Hemant Lamba, Senior Management Personnel, has resigned from the services of the company," Infosys said in a BSE filing. In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am writing to inform you of my decision to resign from the services of Infosys. I am thankful for the opportunity and experiences I have had over the years".

Hemant Lamba submits resignation as Infosys Executive Vice President
Updated On : 05 Jul 2024 | 11:14 PM IST

Infosys Foundation, ICT Academy join hands to skill 48,000 students

Infosys Foundation, the philanthropic and CSR arm of software services firm Infosys Ltd, and ICT Academy of Tamil Nadu, a non-profit organisation, have joined hands with an aim to skill 48,000 students over a period of three years in various fields. The students will be trained in IT, banking, financial services and insurance, retail, e-commerce, logistics, knowledge process outsourcing, and soft skills. Infosys Foundation has committed a grant of over Rs 33 crore towards this project, it said in a statement on Wednesday. It announced that it has signed a Memorandum of Understanding (MoU) with ICT Academy to increase the employability of young learners in rural India. "This collaboration will aim to enable students pursuing engineering, arts, and science courses in tier 2 and tier 3 cities across the country to gain relevant skills that are necessary today for career development," the statement said. Through this MoU, Infosys Foundation said it will further help establish 'Centres

Infosys Foundation, ICT Academy join hands to skill 48,000 students
Updated On : 03 Jul 2024 | 1:17 PM IST

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results

Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results
Updated On : 02 Jul 2024 | 10:33 AM IST

Nifty IT index jumps 2%; Tech Mahindra, Persistent trade at 52-week highs

The Nifty IT index has outperformed surging 14% in the last one month owing to the recent portfolio shift after the election outcome, and hope for a better calendar year 2025.

Nifty IT index jumps 2%; Tech Mahindra, Persistent trade at 52-week highs
Updated On : 01 Jul 2024 | 12:42 PM IST

Infosys BPM opens 2nd office in Puerto Rico's Aguadilla, to create 325 jobs

Centre will serve more clients in aerospace, healthcare, insurance, financial services

Infosys BPM opens 2nd office in Puerto Rico's Aguadilla, to create 325 jobs
Updated On : 28 Jun 2024 | 11:15 AM IST

Tata Group retains top spot as India's most valuable brand at $28.6 billion

India's most valuable brands 2024: Tata Group nears $30 billion mark, Taj remains India's strongest brand, while HDFC's merger boosts brand to third position

Tata Group retains top spot as India's most valuable brand at $28.6 billion
Updated On : 27 Jun 2024 | 2:39 PM IST

Infosys, CEO Parekh settle insider trading matter with Sebi; pay Rs 25 lakh

Matter pertains to 2020-21 when IT major entered into a partnership with global asset manager Vanguard

Infosys, CEO Parekh settle insider trading matter with Sebi; pay Rs 25 lakh
Updated On : 27 Jun 2024 | 11:18 AM IST

How to trade IT stocks amid Nasdaq fall, rupee levels, Accenture results?

Technical charts suggest that Infosys can potentially rally up to 10% from present levels; while TCS and HCL Technologies still look weak.

How to trade IT stocks amid Nasdaq fall, rupee levels, Accenture results?
Updated On : 21 Jun 2024 | 11:16 AM IST

Infosys launches Aster for AI-powered marketing for business growth

It drives AI-led transformation of marketing with integrated, real-time view across customers, brands and channels, enabling companies to increase ROI from marketing

Infosys launches Aster for AI-powered marketing for business growth
Updated On : 18 Jun 2024 | 6:28 PM IST

IT index records sharpest intraday rally in over 4 months; up 9% in 3 days

Infosys, Wipro, Coforge, Persistent Systems, Mphasis and LTIMindtree rallied up to 6% on the NSE

IT index records sharpest intraday rally in over 4 months; up 9% in 3 days
Updated On : 07 Jun 2024 | 1:13 PM IST

Some clarity on GenAI is beginning to emerge now: Nandan Nilekani

The real power of AI, Nilekani said, will come from configuring all the different models and tools to get the best solutions

Some clarity on GenAI is beginning to emerge now: Nandan Nilekani
Updated On : 03 Jun 2024 | 6:02 PM IST