Business Standard

Monday, January 20, 2025 | 10:29 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Infosys Ltd News

Infosys, TCS, Wipro: How to trade IT stocks post Q3 results; guide here

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

Infosys, TCS, Wipro: How to trade IT stocks post Q3 results; guide here
Updated On : 20 Jan 2025 | 11:52 AM IST

'Buy' Infosys to best play IT sector revival, say analysts post strong Q3

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

'Buy' Infosys to best play IT sector revival, say analysts post strong Q3
Updated On : 17 Jan 2025 | 8:37 AM IST

Nifty IT index slips 3%; Infosys, LTIMindtree slip up to 6% post Q3 results

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

Nifty IT index slips 3%; Infosys, LTIMindtree slip up to 6% post Q3 results
Updated On : 17 Jan 2025 | 10:52 AM IST

Infosys Q3 results: Net profit rises 11.4% to Rs 6,806 cr, revenue up 7.6%

The company revised its revenue growth forecast upwards to 4.5-5 per cent, from 3.75-4.5 per cent

Infosys Q3 results: Net profit rises 11.4% to Rs 6,806 cr, revenue up 7.6%
Updated On : 16 Jan 2025 | 4:17 PM IST

H1B visa dependence lowered: Infosys confident of resilient business model

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

H1B visa dependence lowered: Infosys confident of resilient business model
Updated On : 16 Jan 2025 | 7:21 PM IST

Q3 results today: Reliance, Infosys, LTIMindtree to post earnings on Jan 16

Q3 FY25 company results today: Reliance, Infosys, LTIMindtree, Havells, and Axis Bank are among 36 firms to release their earnings report for the Oct-Dec quarter on January 16

Q3 results today: Reliance, Infosys, LTIMindtree to post earnings on Jan 16
Updated On : 16 Jan 2025 | 10:49 AM IST

Infosys Q3 Preview: Profits may jump by 11%, revenues to rise by 6%

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 Q3 Preview: Profits may jump by 11%, revenues to rise by 6%
Updated On : 15 Jan 2025 | 1:21 PM IST

Infosys countersues Cognizant, its CEO in battle over misuse of information

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

Infosys countersues Cognizant, its CEO in battle over misuse of information
Updated On : 10 Jan 2025 | 8:37 PM IST

Infosys joins hands with Andhra for skill census of 35 million people

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

Infosys joins hands with Andhra for skill census of 35 million people
Updated On : 10 Jan 2025 | 1:29 PM IST

Nifty IT gains over 2%; TCS rallies 5% on strong order book, robust outlook

IT-bellwether TCS's headline revenue numbers remained flat, but the deal-win total contract value (TCV) was encouraging, signaling potential momentum pick-up ahead

Nifty IT gains over 2%; TCS rallies 5% on strong order book, robust outlook
Updated On : 10 Jan 2025 | 10:09 AM IST

TCS, Infy, HCL Tech: How to trade IT stocks ahead of Q3 results? Key levels

The Nifty IT index outperformed the Nifty 50 and the broader index in the second-half of 2024 with a gain of nearly 20%. Key levels to track on IT shares ahead of Q3 results.

TCS, Infy, HCL Tech: How to trade IT stocks ahead of Q3 results? Key levels
Updated On : 03 Jan 2025 | 11:17 AM IST

Sensex sinks 1,150pts, Nifty dips below 23,900: What's behind market crash?

The key benchmarks - Sensex, Nifty faced another bear attack on Thursday, with the BSE Sensex crashing 1,162 points or 1.44 per cent to its intraday low of 79020

Sensex sinks 1,150pts, Nifty dips below 23,900: What's behind market crash?
Updated On : 19 Dec 2024 | 9:46 AM IST

Nifty IT index slips over 2%; Infosys, LTIMindtree, LTTS down up to 5%

For the Indian IT services sector, which derives over 60 per cent of its revenues from the US, the Fed's cautious stance has mixed implications

Nifty IT index slips over 2%; Infosys, LTIMindtree, LTTS down up to 5%
Updated On : 19 Dec 2024 | 10:24 AM IST

Mamata Banerjee inaugurates Infosys development centre in Kolkata

IT giant Infosys on Wednesday inaugurated a development centre built at a cost of Rs 426 crore at New Town near here. Inaugurating the development centre, Chief Minister Mamata Banerjee said, "This is a New Year gift to West Bengal". "This centre of Infosys will help other IT companies to come to West Bengal. West Bengal is a leading IT state in the country. Nearly 2,200 IT companies have presence in the state, including big ones like TCS, Wipro, IBM and Accenture," she said. The chief minister also said it is a historic day for the state. Banerjee said, "We wanted Infosys in the state and the company fulfilled our dreams." The chief minister said a new Silicon Valley is coming to New Town on 200 acres with the potential to create 75,000 jobs involving an investment of Rs 27,000 crore. "Twenty-eight companies have already started work with 11 data centres coming up," she said. The Infosys campus, built on 50 acres, will have an employment potential of 4,000 IT professionals. Ba

Mamata Banerjee inaugurates Infosys development centre in Kolkata
Updated On : 18 Dec 2024 | 10:49 PM IST

Ajit Mishra of Religare Broking suggests these three stocks to buy today

Stocks to Buy Today: Infosys share price has recently broken out of a three-month consolidation phase and reclaimed its all-time high. We expect this upward momentum to persist

Ajit Mishra of Religare Broking suggests these three stocks to buy today
Updated On : 12 Dec 2024 | 7:02 AM IST

Sensex plunges 1,200pts, Nifty dips below 24k; key reasons for market crash

Stock market crash: Indian bourses were facing a bear attack again on Thursday owing to a weakness in the global markets and after surging significantly in the first two sessions of the ongoing week

Sensex plunges 1,200pts, Nifty dips below 24k; key reasons for market crash
Updated On : 28 Nov 2024 | 1:14 PM IST

Why Nifty IT index fell 2% after two straight sessions of lifetime highs?

The weakness and profit booking in the IT stocks came after two consecutive days of the Nifty IT index hitting lifetime highs and making a new summit at 44,330.60 level on Wednesday

Why Nifty IT index fell 2% after two straight sessions of lifetime highs?
Updated On : 28 Nov 2024 | 11:59 AM IST

Coforge, Wipro, TCS, LTTS rally 11% in one month; Nifty IT hits record

The Nifty IT index hit an all time high on Tuesday, reaching 44,244.60 level, up 1.43 per cent intraday. Meanwhile in the last 30 days, the index has surged 5.24 per cent

Coforge, Wipro, TCS, LTTS rally 11% in one month; Nifty IT hits record
Updated On : 26 Nov 2024 | 1:30 PM IST

Infosys to give 90% bonus payouts to eligible employees for Q2 FY25

The Q2 bonus is also higher than the firm's Q1 FY25 bonus, which was around 80 per cent, and significantly higher than the 60 per cent bonus in Q4 FY24

Infosys to give 90% bonus payouts to eligible employees for Q2 FY25
Updated On : 26 Nov 2024 | 9:49 PM IST

Nifty IT index down 2% on profit booking; TCS, Infosys, Wipro slip up to 3%

At 02:31 pm; Nifty IT index, the top loser among sectoral indices, was down 2.3 per cent, as compared to 0.43 per cent decline in the Nifty 50.

Nifty IT index down 2% on profit booking; TCS, Infosys, Wipro slip up to 3%
Updated On : 18 Nov 2024 | 2:56 PM IST