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"infosys"

  • Infosys shares declines nearly 3 per cent after revised FY27 guidance

    Infosys shares fell nearly 3 per cent after the IT major lowered the upper end of its FY27 revenue growth guidance despite reporting a 12.2 per cent rise in June quarter net profit. The company also announced Ashiss Kumar Dash as CEO-designate
  • AI to amplify, not replace Infosys: Nandan Nilekani

    Infosys Chairman Nandan Nilekani told shareholders at the 45th AGM that AI will not replace companies like Infosys but amplify those that adapt with speed and purpose. He projected USD 300–400 billion in AI opportunities by 2030, highlighting Infosys’ relevance in enterprise AI integration.
  • India-UK social security pact to cut costs for IT professionals

    India and the UK’s social security pact under the upcoming trade deal will exempt temporarily posted professionals from dual contributions for up to five years, benefiting Indian IT firms and enhancing competitiveness, while boosting bilateral trade and easing mobility for skilled workers
  • Infosys to set up 20-acre permanent campus in Vizag

    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
  • Editorial: AI fury batters IT stocks

    The meltdown was due to worries of AI tools replacing many traditional software and IT outsourcing services
  • Infosys shares jump over 5 pc post earnings announcement

    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
  • Infosys takes Rs 1,289 crore hit on new labour codes in Q3 FY26, net profit dips

    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
  • Mcap of 6 of top-10 most valued firms climbs Rs 75,257 cr; TCS, Infosys biggest winners

    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
  • Mcap of five of top-10 most-valued firms surges Rs 72,285 cr; TCS, Infosys biggest winners

    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
  • Infosys to kick off largest-ever share buyback of Rs 18,000 crore on Nov 20

    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 and NIMHANS launch mental health training manual for workplace wellness

    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 Q2 net profit rises 13 per cent to Rs 7,364 crore

    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
  • US H-1B visa approvals: Amazon tops, TCS second with 5,505 visas

    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
  • Editorial: Ripples in Indian IT industry

    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
  • Infosys to train 150 Karnataka journalists in digital media and AI skills

    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 launches advanced AI and space tech centre in Hubballi

    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
  • Infosys net profit up 8.7 per cent to Rs 6,921 crore in Q1 of FY26

    The IT company said it is on track to hire 20,000 freshers this fiscal year
  • Director General of GST Intelligence closes Rs 32,400 cr GST case against Infosys

    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
  • Infosys shares climb over 3 per cent after March quarter earnings

    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
  • Infosys Q4 net profit declines 12 per cent to Rs 7,033 crore

    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
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