Infosys

Wipro ADRs plunge more than 4% on Nasdaq, NYSE in response to downbeat Q4 results

In sharp contrast to Wipro, Infosys ADRs rose more than 8 percent after its upbeat Q4 results and FY2017 guidance.

Apr 22, 2016

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IT jobs to drop 20% in FY17: Nasscom chief

Nasscom chairman C P Gurnani attributes the drop to IT companies automating processes.

Apr 22, 2016

TCS added more employees than Wipro and Infosys put together in FY16

Tata Consultancy Services Limited added 34,187 employees on a net basis, more than 17,857 by Infosys and 14,695 by Wipro in 2015-16.

Apr 21, 2016

Infosys leads Sensex rally; Nifty closes above 7,900

Bengaluru-based Infosys spurted more than 8 percent on Monday in response to its upbeat fourth quarter results declared on Friday.

Apr 18, 2016

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Market cap of Sensex companies rises by $10 billion

The three-day truncated week of trading closed on a buoyant note due to positive macroeconomic data and positive monsoon forecast.

Apr 17, 2016

Infosys ADRs rise 8% on Nasdaq, employees get 6-12% salary hike

India's second-largest IT software services exporter declared its Q4 and full year results on Friday.

Apr 16, 2016

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TCS, Wipro Q4 results, trade data to influence trading next week

Indian stock market benchmark indices Sensex and Nifty had risen sharply this week on the back of easing inflation, IIP data and a positive monsoon forecast.

Apr 16, 2016

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Infosys Q4 net profit grows 3.8% to Rs. 3,597 crore; clientele touches 1092

On a year-on-year basis, Infosys reported a consolidated profit rise of 9.4 percent to Rs.13,491 crore, and a revenue growth of 17.1 percent to Rs.62, 441 crore.

Apr 15, 2016

India Inc to post best Ebidta growth in 6 quarters during Q4, FY16: Crisil

Revenues of IT services companies are expected to grow in double digits, a Crisil report noted.

Apr 11, 2016

Sensex, Nifty fall on profit booking, expected weak corporate earnings

Benchmark indices Sensex and Nifty fell almost one percent Thursday.

Apr 7, 2016

N.R. Narayana Murthy, Chairman Emeritus of Infosys

Nasscom rejects Murthy's 'immigration agents' comment on Indian IT firms

NR Narayana Murthy's comment does not reflect what the Indian IT industry is doing for companies in the US, Nasscom president said.

Apr 7, 2016

Sensex, Nifty gain ahead of RBI's policy meet April 5

Shares of e-commerce retailer Infibeam, which debuted on stock exchanges Monday, ended the day with a gain of over three percent.

Apr 4, 2016

Sensex, Nifty slump 9% in FY16, but post biggest monthly gains in 4 years

The benchmark index Sensex closed at 25,341 Thursday, losing 9.35 percent over its March 31, 2015, closing of 27,957.

Mar 31, 2016

Sensex, Nifty close down over 1% on profit booking; Infosys hits 52-week high

Indian benchmark indices Sensex and Nifty lost almost 1.5 percent on profit-booking Monday.

Mar 28, 2016

Top Indian IT firms eye $100 billion IT outsourcing contracts

TCS, Infosys and other Indian IT firms are gearing up for outsourcing contracts worth $100 billion, up for renewal next fiscal, says ET.

Mar 28, 2016

Market cap of Sensex stocks up by Rs 38,620 crore

Indian stock markets witnessed truncated trading week in which market capitalisation of select frontline stocks rose sharply.

Mar 26, 2016

Infosys employee in Brussels missing after attack

Raghavendra Ganesan used the same metro route to commute to office every day where one of the blasts took place.

Mar 23, 2016

Infosys in the dock over corporate ethics

Infosys is being questioned for re-appointing an independent director for a third term, against the spirit of corporate governance norms.

Mar 23, 2016

Market cap of TCS, Infosys, RIL, ONGC, ITC up by Rs 37,000 crore

A rally in stock markets during the week ended March 18 saw the market capitalisation of select Sensex stocks rise sharply.

Mar 20, 2016

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Liquor, petrol, diesel, aerated drinks to cost more in Karnataka

Karnataka CM Siddaramaiah, who also holds the finance portfolio, proposed to raise taxes on these items while presenting the budget for 2016-17 Friday.

Mar 18, 2016

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