Infosys: News

14 Apr 2024

Stock Market

Market valuation of 7 Indian firms skyrocketed by ₹59,404 crore

In a week shortened by the Eid-Ul-Fitr holiday, seven of India's ten most valued firms witnessed a combined market valuation surge of ₹59,404.85 crore.

09 Apr 2024

HDFC Bank

Sensex crosses 75,000 mark for first time

The Indian stock market reached a significant milestone on Tuesday as Sensex surpassed the 75,000 mark for the first time.

31 Mar 2024

Government of India

Infosys to get Rs. 6,300 crore tax refund from government

Infosys, a prominent software services provider in India, is set to receive a significant tax refund of Rs, 6,329 crore from the Indian government's income tax department.

28 Mar 2024

Haryana

Ashoka University responds after videos show students raising casteist slogans

Ashoka University in Haryana has issued a detailed statement after videos of its students shouting casteist slogans inside the campus flooded social media.

18 Mar 2024

Narayana Murthy

Narayana Murthy gifts 4-month-old grandson Infosys shares worth Rs. 240cr

Narayana Murthy, founder of Infosys, has gifted the company's shares worth over Rs. 240 crore to his four-month-old grandson, Ekagrah Rohan Murty.

18 Mar 2024

Stock Market

Sensex gains 105 points, Nifty settles above 22,050

On Monday, major indices of the stock market ended flat but in the green.

15 Feb 2024

Karnataka

Infosys, Jubilant, Foxconn under fire for not hiring Karnataka locals

During a recent Karnataka Assembly debate, major companies including Infosys, Foxconn, and Jubilant FoodWorks were criticized.

TCS's m-cap surpasses Rs. 15 lakh crore for first time

Tata Consultancy Services (TCS) achieved a market capitalization of over Rs. 15 lakh crore for the first time, as its stock rose nearly 4% in today's trading session.

29 Jan 2024

Stock Market

Sensex gains over 1,240 points, Nifty settles near 21,740 mark

On Monday, the stock market closed on a bullish note. The Sensex gained 1,240.9 points or 1.76%, to settle at 71,941.57 points, while the Nifty climbed 385 points or 1.8%, closing at 21,737.6 points.

29 Jan 2024

Pune

Pune: Infosys techie shot dead in hotel room by boyfriend

A 26-year-old software engineer was allegedly shot dead by her boyfriend in a hotel room on the outskirts of Pune, Maharashtra, on Saturday.

12 Jan 2024

Nifty

Why Nifty IT index has jumped 5% today

The Nifty IT Index skyrocketed 5% on Friday, reaching a 52-week high.

Infosys, TCS's combined headcount drops by over 11,700 in Q3

India's leading IT services firms, Infosys and Tata Consultancy Services (TCS), have witnessed a decrease in their workforce for the quarter ending December 31.

11 Jan 2024

Business

Infosys's Q3 net profit falls 7% YoY to Rs. 6,106cr

Infosys, India's second-largest IT services company, saw a 7.3% year-on-year (YoY) decline in net profit for the third quarter of FY24, amounting to Rs. 6,106 crore.

05 Jan 2024

Narayan Murthy

Narayana Murthy opens up about his 'big regret' regarding wife

Infosys co-founder Narayana Murthy recently expressed regret for not involving his family members, especially wife Sudha Murty, in the company.

26 Dec 2023

Stock Market

Sensex gains 230 points, Nifty settles above 21,440 mark

On Tuesday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.32% to 71336.80 points, the Nifty jumped 0.43% to 21,441.30 points.

Infosys loses $1.5 billion AI contract from global customer

Infosys has revealed that an unnamed global company has chosen to terminate a Memorandum of Understanding (MoU) for a $1.5 billion deal centered on artificial intelligence solutions.

10 Nov 2023

Manish Tewari

'I work on Sundays': Manish Tewari advocates 70-hour work week

Congress veteran Manish Tewari, on Friday, endorsed the suggestion made by Infosys co-founder N R Narayana Murthy for young individuals to commit to a 70-hour work week in order to enhance India's productivity.

26 Oct 2023

Narayana Murthy

Indian youth should work 70 hours a week: Narayana Murthy

Infosys co-founder Narayana Murthy has said Indian youth should work 70 hours a week if the country wants to compete with rapidly advancing economies, in a recent episode of 3one4 Capital's podcast 'The Record.'

18 Oct 2023

Google Cloud

Infosys, Google Cloud strengthen partnership to aid firms become AI-ready

Infosys has announced plans to expand its partnership with Google Cloud.

Headcount in India's top IT firms down by over 16,000

During the second quarter of FY24, India's top IT firms, Tata Consultancy Services (TCS), Infosys, and HCLTech, witnessed a significant drop in headcount.

12 Oct 2023

India

Infosys headcount declines for third consecutive quarter to 3.29 lakh

IT services giant Infosys, has seen its headcount drop for the third quarter (ending September 30) in a row, with a decrease of 7,530 employees in Q2.

12 Oct 2023

Business

Infosys Q2 net profit rises over 3% to Rs. 6,212cr

Infosys announced its Q2 financial results on Thursday, showing a 3.17% year-on-year (YoY) increase in net profit to Rs. 6,212 crore, up from Rs. 6,021 crore in the same quarter previous year.

30 Sep 2023

India

India, Argentina sign 'Social Security Agreement' for workers

India and Argentina inked a "Social Security Agreement (SSA)" on Friday to safeguard the legal rights of professionals employed in each other's nations, The Hindu reported.

26 Sep 2023

Microsoft

Infosys, Microsoft partner to accelerate adoption of generative AI

IT major Infosys is expanding its strategic partnership with Microsoft to create industry-leading generative artificial intelligence (AI)-enabled solutions for enterprises across various sectors.

20 Sep 2023

NVIDIA

NVIDIA plans to train 50,000 Infosys employees in AI technology

US chip maker NVIDIA has announced a collaboration with Infosys, to establish a center of excellence for training and certifying 50,000 Infosys employees on NVIDIA's AI technologies.

15 Sep 2023

Nifty

Nifty IT hits fresh 52-week high, up 27% since April

It's been approximately five months since April 17, 2023, when the Nifty IT index touched a 52-week low of 26,184.45. Since then IT stocks have shown an impressive comeback.

24 Aug 2023

Rafael Nadal

Tennis icon Rafael Nadal becomes Infosys's brand ambassador

Indian IT giant Infosys has inked a three-year partnership with tennis icon Rafael Nadal, marking his first-ever collaboration with a digital services firm.

15 Aug 2023

Business

Infosys secures $1.6bn Liberty Global contract to enhance digital platforms

Indian IT services giant Infosys has secured a $1.6 billion deal with digital communications firm Liberty Global.

14 Aug 2023

Stock Market

Sensex and Nifty close with marginal gains amid sell-off pressure

On Monday, the stock market ended on a sluggish note but managed to stay in green. While the Sensex settled at 65,401.92 points, the Nifty closed at 19,434.55 points.

31 Jul 2023

HCL

Here's how much Indian IT CEOs earned in FY23

Chief executive officers (CEOs) of Indian IT giants have always been paid handsomely.

21 Jul 2023

Stock Market

Sensex loses 887 points, Nifty settles below 19,750 mark

On Friday, the benchmark Sensex and Nifty indices witnessed a slump.

21 Jul 2023

Stock Market

Infosys shares plummet as much as 10%: Here's what happened

The Indian stock market has had multiple record highs in the last few trading sessions. However, things turned out to be much different today.

14 Jul 2023

Stock Market

Sensex gains 502 points, Nifty breaches 19,550 mark 

On Friday, the benchmark Sensex and Nifty indices showed an upward trend.

30 Jun 2023

Stock Market

Sensex gains 806 points, Nifty settles near 19,200 mark

On Friday, the stock market ended on a strong, positive note as the benchmark Sensex and Nifty indices witnessed a surge.

20 Jun 2023

Nandan Nilekani

Infosys co-founder Nandan Nilekani donates Rs. 315cr to IIT Bombay 

Nandan Nilekani, the co-founder of Infosys, has donated Rs. 315 crore to the Indian Institute of Technology (IIT) Bombay, which he joined for a Bachelor's degree in electrical engineering in 1973.

06 Jun 2023

Stock Market

Sensex and Nifty end flat: Check today's top gainers

On Tuesday, major indices of the stock market ended flat with the Sensex settling at 62,792.88 points and the Nifty closing at 18,599 points.

31 May 2023

India

India Inc. brand value is now worth over $100 billion

The past few months have been tumultuous for businesses worldwide. The same was the case for India Inc.

25 May 2023

Bengaluru

Bengaluru: Rains, thunderstorms to continue; doctors issue infection warning

Heavy rains accompanied by thundershowers and gusty winds will likely continue in Bengaluru till May 29, according to the India Meteorological Department (IMD).

Hirings drop in TCS, Infosys, HCL in FY23: Here's why

IT companies around the world have been struggling for the past year. Things haven't been any different in India as well.

17 Apr 2023

Finance

Infosys shares nosedive nearly 15%: Here's why

Infosys, India's second-largest IT firm, recently announced its quarterly results. The company's performance in the fourth quarter of FY23 was underwhelming at best.