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Indian IT players are expected to benefit significantly from renewed demand, further strengthening India's position as a critical player in the industry
These are issues one can introspect on, come to a conclusion, and do whatever they want, said Infosys co-founder Narayana Murthy about work-life balance
Technical charts show that HCL Technologies, TCS, Infosys and Tech Mahindra shares could fall up to 8% from here on; while, Wipro can potentially rally by another 11%. Check key levels here
The combined market valuation of six of the top 10 valued domestic firms eroded by Rs 1.71 lakh crore last week, with IT majors Infosys and Tata Consultancy Services taking the biggest hit. Last week, the BSE benchmark lost 759.58 points or 0.98 per cent, and the Nifty declined by 228.3 points or 0.97 per cent. From the top 10 pack, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever and ITC faced a combined erosion of Rs 1,71,680.42 crore in their market valuation while Reliance Industries, Bharti Airtel, State Bank of India and Life Insurance Corporation of India (LIC) were the gainers. The valuation of Infosys tanked by Rs 62,948.4 crore to Rs 7,53,678.38 crore, the most among the top 10 firms. Infosys shares tanked nearly 6 per cent on Friday amid profit-taking after the announcement of the third quarter earnings. The market capitalisation (mcap) of TCS tumbled by Rs 50,598.95 crore to Rs 14,92,714.37 crore. Hindustan Unilever's valuation droppe
TCS and Infosys have also announced plans to hire more freshers in the next financial year
While underlying growth continued to be weak in the quarter for most of the top players, what is giving confidence is the commentary that discretionary expenditure is coming back
Despite Infosys posting better than expected results for the third quarter of the financial year 2024-25 (Q3FY25), its stock price heavy profit booking, dropping 5.89 per cent
Market LIVE: Markets in India are likely to open on a cautious note today, following mixed global cues as investors focus on companies reporting December quarter results
From Donald Trump's inauguration on Monday to FII selling here are a few reasons that Indian equities are down today
According to Motilal Oswal Financial Services, Infosys and LTIMindtree, both companies with a high discretionary tilt, have provided a more cautious view on discretionary-spend recovery
The company revised its revenue growth forecast upwards to 4.5-5 per cent, from 3.75-4.5 per cent
Days after HCLTech said it has lowered reliance on H1B visas, Infosys on Thursday reported a significant decrease in its dependence on this visa category and exuded confidence in its "resilient" operational model. "Over the years, our dependence on H1B visas has reduced significantly. First and foremost, our onsite mix has reduced significantly -- we used to be in the 30 per cent range, (but) we are now at the 24 per cent range. Within that, our near shore has increased significantly. "Within the US-onsite population that we have, our H1 independent folks are now at 60 plus percentage. We have now built a pretty resilient model from that perspective. We are, therefore, much more confident from where we are versus where we used to be earlier," Infosys CFO Jayesh Sanghrajka said. On Monday, HCLTech said that around 80 per cent of its workforce in the US comprises local hires, making its dependence on H1B visas among "the lowest in the industry". "...If I look back over the last 4 odd
Markets Today LIVE: Markets in India are expected to open higher following a strong showing on Wall Street after a lower-than-expected core inflation reading there
Indian information technology (IT) company, Infosys, is scheduled to deliver its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) on Thursday, January 15, 2025
Infosys and Tennis Australia unveiled AI-driven innovations for the 2025 Australian Open, enhancing fan engagement, player insights, and digital interactivity with novel technologies
Infosys, which filed this suit in the Northern District of Texas, has requested a jury trial and demanded triple the damages it claims to have suffered
The project will cover people, between 15 to 59 years, across 1.8 crore households. The census is also to identify the skill sets that industries require
US-listed peer Accenture Plc raising its revenue outlook last month showed greater deal flow from widespread generative-artificial intelligence adoption
Engineered to redefine clean mobility, the platform is available in three variants: Diplos Max, Diplos Pro and Diplos I-Pro
Account for over 41% of visas along with Cognizant, HCLTech