"infosys"

Infosys will set up a 20-acre campus in Visakhapatnam with capacity for 7,000 employees, expanding its presence in Andhra Pradesh. The move highlights growing tech investment and local talent development in the region

The meltdown was due to worries of AI tools replacing many traditional software and IT outsourcing services

Infosys shares jumped over 5 per cent after the IT major raised its FY26 revenue growth guidance to 3–3.5 per cent. Despite a decline in quarterly net profit, strong AI momentum and improved outlook boosted investor sentiment

The IT company reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore in the October-December quarter of FY26, as compared to Rs 6,806 crore in the year-ago period

Last week, the combined market valuation of six of India’s top-10 firms rose by Rs 75,256.97 crore, led by TCS and Infosys, while HDFC Bank, ICICI Bank, Bajaj Finance, and LIC saw declines amid a 338-point drop in the BSE index

Five of India’s top-10 most valued firms, led by TCS and Infosys, added over ₹72,284 crore in market value last week, while Reliance, HDFC Bank, SBI, L&T and LIC saw declines. TCS gained the most, adding nearly Rs 36,000 crore

The company aims to buy back 10 crore fully paid-up equity shares of face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital

Infosys, in collaboration with NIMHANS, has launched ‘Wellness Matters: Mental Health First Aider Training Manual’ to promote workplace well-being. The initiative aims to build a supportive environment, training HR professionals to identify and assist employees facing mental health challenges

Infosys reported a 13.2 per cent rise in Q2 net profit to Rs 7,364 crore, with revenue up 8.6 per cent. The IT firm raised its FY26 growth outlook, declared an interim dividend of Rs 23 per share, and added over 8,000 employees

Tata Consultancy Services ranks second in H-1B visa approvals in 2025, after Amazon, with 5,505 visas, according to USCIS. The new $100,000 visa fee aims to curb H-1B programme abuse, potentially affecting Indian IT companies and foreign STEM workers in the US

A new Bill introduced by a Republican Senator, if passed, will make outsourcing more expensive for American businesses, thereby directly affecting Indian IT service providers

The Karnataka Media Academy has signed an MoU with Infosys under its CSR programme, Springboard, to train 150 journalists in digital skills, AI, and personality development. The initiative prioritises district-level and women journalists, aiming to strengthen media capacity across Karnataka

Infosys has inaugurated a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka. Part of its global Living Labs network, the facility enhances digital innovation and pushes its local workforce beyond 1,000 employees

The IT company said it is on track to hire 20,000 freshers this fiscal year

Infosys announced that the GST department has closed tax proceedings related to a Rs 32,403 crore notice for 2017-2022. The case involved IGST under the Reverse Charge Mechanism. With this, the matter is now officially resolved

The stock bounced back after a muted beginning and rallied 2.95 per cent to Rs 1,462.20 on the BSE. Shares of the firm climbed 3 per cent to Rs 1,462.70 at the NSE

Revenues for the March quarter came in at Rs 40,925 crore, 7.9 per cent higher from Rs 37,923 crore in Q4 FY24. Employee count at the end of FY25 was 3,23,578

As per the list, Tata Consultancy Services retained the top spot, followed by Accenture (#2) and Infosys (#3)

Earlier this month, India's second largest IT services company faced backlash after it laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments

The company last week laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts