Business Standard

Infosys

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 | 10:35 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 | 10:51 PM IST
Updated On : 16 Dec 2024 | 7:46 PM IST

Narayana Murthy bats for tech, cautions against 'unsupervised learning'

While addressing the Chamber, Murthy also urged entrepreneurs to embrace "compassionate capitalism"

Narayana Murthy bats for tech, cautions against 'unsupervised learning'
Updated On : 15 Dec 2024 | 11:32 PM IST

Nifty IT hits life high, tops 46,000; why are IT stocks in demand today?

The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices

Nifty IT hits life high, tops 46,000; why are IT stocks in demand today?
Updated On : 12 Dec 2024 | 11:42 AM 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 | 7:19 AM IST

Nifty IT index hits record high on December 10: Here's what drove the rally

By 11:11 AM, the Nifty IT index had come off its peak but was still trading 0.82 per cent higher at 45,199.40. In comparison, the broader Nifty50 index was up a modest 0.11 per cent at 24,646.30

Nifty IT index hits record high on December 10: Here's what drove the rally
Updated On : 10 Dec 2024 | 12:35 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 | 1:29 PM IST

Stocks to Watch, Nov 27: Wipro, NTPC Green, JSW Steel, SAIL, Angel One

From NTPC to Wipro here is a list of stock that will be on investors' radar today

Stocks to Watch, Nov 27: Wipro, NTPC Green, JSW Steel, SAIL, Angel One
Updated On : 27 Nov 2024 | 7:20 AM 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

AI will play a huge role in financial inclusion, says Nandan Nilekani

He also added that all the building blocks of digitisation in India have been created in a way that promotes financial inclusion

AI will play a huge role in financial inclusion, says Nandan Nilekani
Updated On : 19 Nov 2024 | 6:45 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 | 2:58 PM IST

Sudha Murty praises son-in-law Rishi Sunak's 'good Indian cultural values'

Well-known author and Rajya Sabha MP Sudha Murty has spoken of her pride in son-in-law Rishi Sunak, a British citizen with good Indian cultural values imbibed from his parents' upbringing in the UK. Murty joined Sunak and her daughter Akshata Murty as the guest of honour at Bharatiya Vidya Bhavan's annual Diwali gala in London on Saturday evening. The parents of the British Indian former prime minister, Usha and Yashvir Sunak, were also in the audience as Bhavan UK students showcased a variety of Indian classical music and dance forms. I always believe when you are abroad, your parents must do two things: one is good education, which gives you wings in return and you can fly anywhere and settle; the second is great culture, your origin which is Indian origin or roots which you can get at Bharatiya Vidya Bhavan along with your parents, said Murty, delivering her keynote address. I want to congratulate Ushaji, my sambandhi and a good friend of mine, who gave her son Rishi Sunak, form

Sudha Murty praises son-in-law Rishi Sunak's 'good Indian cultural values'
Updated On : 17 Nov 2024 | 8:09 PM IST
Updated On : 15 Nov 2024 | 7:56 PM IST

IT shares buck trend; Wipro, Infy, TechM gain 2%; Coforge hits new high

At 12:23 pm; the Nifty IT index was the top gainer among sectoral indices, up 1 per cent, as compared to 0.31 per cent decline in the Nifty 50.

IT shares buck trend; Wipro, Infy, TechM gain 2%; Coforge hits new high
Updated On : 08 Nov 2024 | 1:03 PM IST

AI, GenAI, most talked-about tech, still far from full enterprise adoption

Lack of frameworks in strategy, data, and tech slows AI adoption, says a latest report by Infosys Knowledge Institute

AI, GenAI, most talked-about tech, still far from full enterprise adoption
Updated On : 06 Nov 2024 | 4:30 PM IST

Nifty IT down over 3%: Why have IT stocks slipped in trade today?

Meta Platforms warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings report on Wednesday

Nifty IT down over 3%: Why have IT stocks slipped in trade today?
Updated On : 31 Oct 2024 | 11:23 AM IST

Dividends, splits: Mazagon Dock, Crisil, 4 others to go ex-date tomorrow

Here is the complete list of companies whose shares will turn ex-date tomorrow along with their respective corporate announcements, and other key details

Dividends, splits: Mazagon Dock, Crisil, 4 others to go ex-date tomorrow
Updated On : 30 Oct 2024 | 3:53 PM IST

Dividend, Bonus: Infosys, RIL, 2 other stocks to remain in focus today

Here is the complete list of companies whose shares will turn ex-date tomorrow along with their respective corporate announcements, and other key details

Dividend, Bonus: Infosys, RIL, 2 other stocks to remain in focus today
Updated On : 28 Oct 2024 | 8:21 AM IST

Tech Mahindra boosts workforce by 6,653 in Q2, headcount climbs to 154,273

As of September, Tech Mahindra's employee count rose to 154,273 from 147,620 last quarter, while attrition slightly increased to 10.6 per cent, with IT attrition at 11 per cent

Tech Mahindra boosts workforce by 6,653 in Q2, headcount climbs to 154,273
Updated On : 23 Oct 2024 | 1:18 PM IST