Infosys

IT major Infosys posts 4.7 pc increase in Q2 net profit at Rs 6,506 crore

IT major Infosys on Thursday reported a 4.7 per cent increase in net profit (year-on-year) in the July-September period (Q2 FY25) to Rs 6,506 crore from Rs 6,212 crore in the year-ago quarter.

Oct 17, 2024

Sensex plunges 318 pts, Infosys and JSW Steel top losers

The Indian benchmark indices closed in the red on Wednesday as auto, IT, and PSU banks remained under pressure.

Oct 16, 2024

Infosys and LIC Join Forces for Digital Transformation

Infosys and LIC announce Joint Collaboration for Digital Transformation

IT services giant Infosys has announced a strategic collaboration with the Life Insurance Corporation (LIC) of India. This partnership, announced on September 16, is set to revolutionize LIC's digital landscape, marking a significant milestone in its digital transformation journey. Infosys will lead LIC's digital transformation initiative, aptly named DIVE (Digital Innovation and Value Enhancement).

Sep 16, 2024

Sensex falls 885 points, investors lose over Rs 4 lakh crore

Sensex tanks 1,017 points; investors lose over Rs 5 lakh crore

Indian benchmark indices closed in the deep red on Friday as investors remained jittery ahead of an important US jobs report that could determine the speed and size of US Fed rate cut in the coming days.

Sep 6, 2024

Infosys disputes alleged Rs 32,403 Crore GST evasion, share price declines slightly

Infosys has recently been embroiled in a controversy over a Goods and Services Tax (GST) notice alleging tax evasion to the tune of Rs 32,403 crore. The notice, issued by the Karnataka State GST authorities, has been disputed by the company, leading to a slight dip in its share prices.

Aug 1, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Nifty closes at all-time high, Sensex surges by 1,292 pts

Indian equity indices closed in the green on Friday following broad based buying in all segments of the markets.

Jul 26, 2024

CA mocks Infosys' Narayana Murthy, urges to run income tax portal smoothly

In October 2023, Narayana Murthy urged the Indian youth to work 70 hours a week to increase their productivity

Jul 15, 2024

Markets at new all-time high, Nifty trades above 24,500 for first time

India equity benchmarks are trading at record highs on Friday following buying in the IT stocks.

Jul 12, 2024

Sensex closes flat amid profit booking in smallcap and midcap stocks

Indian equity Indices closed flat on Tuesday following profit booking in midcap and smallcap stocks. At closing, Sensex was down 34 points, at 79,441 and Nifty was down 18 points, at 24,123.

Jul 2, 2024

Tata Group retains the spot as India's most valuable brand

The report noted that Tata's ranking reflects the group's strategic initiatives and extensive growth efforts

Jul 1, 2024

Fact Check: Deepfake video on Narayana Murthy reveals the business side of misinformation

Infosys founder Narayana Murthy's two new deepfake videos, which are being shared on social media, purportedly promoting a so-called investing platform "Quantum AI", claiming that the user of this new tech will be able to earn $3,000 (around Rs 2.5 lakh) on the first working day.

Dec 14, 2023

Murthy's 70-hr-a-week work call to youth triggers sharp reactions from founders [details]

Infosys founder Narayana Murthy's advice to youngsters in India, urging them to work 70 hours a week, has sparked sharp reactions from founders and leaders who said that while extended working hours can boost productivity, a balanced approach is equally necessary.

Oct 27, 2023

A Journey of Technological Excellence: Amandeep Singla's Impact on SMBs and Scalable Infrastructure

Amandeep Singla's profound expertise in developing AI/ML infrastructure and data pipelines has provided numerous SMBs with the ability to effectively adopt AI technologies.

Aug 3, 2023

Infosys leads fall in Indian indices, 2nd most expensive market after US

A sharp fall in Infosys after the Q1 results led the markets down sharply by more than 600 points on Friday.

Jul 21, 2023

Celebrations at Infosys as Rishi Sunak set to become next UK Prime Minister

The staff at the office of Bengaluru-based tech giant Infosys on Monday cheered the news of Indian-origin British Conservative politician Rishi Sunak making it to the post of UK Prime Minister, terming the development "double Diwali dhamaka".

Oct 24, 2022

Mindtree and L&T Infotech announce merger; poised to become India's 5th largest IT company [details]

The combined business will overtake Tech Mahindra to become the fifth-largest IT services provider by market capitalization.

May 7, 2022

Issues in IT e-filing portal 'progressively' resolving: FinMin

Issues in Income Tax e-filing portal: FinMin gives Sept 15 deadline to Infosys

The Union Finance Ministry on Wednesday said that the technical issues in the Income Tax e-filing portal are being "progressively" addressed and a positive trend has been witnessed in terms of e-filing on the portal.

Sep 9, 2021

narayana murthy, infosys cofounder narayan murthy, take salary cut says narayan murthy

Indian Sellers Collective asks Narayana Murthy to end partnership with Amazon; here's why [details]

The Indian Sellers Collective, a non-profit trade organisation, has written N. R. Narayana Murthy an open letter requesting him to cease his cooperation with Amazon.

Jul 19, 2021

Sensex up 200 points; IT, metal stocks rise, EY June report positive on revival

The Indian stock market traded on a positive note on Wednesday morning with the BSE Sensex rising over 200 points.

Jun 30, 2021

Sensex is up 200 points; puts equity benchmarks in green [see details]

On Thursday morning, the leading Indian equity indices traded in the green, with the BSE Sensex surging nearly 200 points. Larsen & Toubro, Infosys, and Tata Steel have been the main gainers on the Sensex so far, while Power Grid, NTPC, and Reliance Industries have been the major losers.

Jun 24, 2021

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