Sectorally, all but the Nifty Realty index ended the session in the green led by the Nifty Auto index (up 3.4 per cent).
Infosys, Wipro and MindTree on investors' radar ahead of the September earnings. Airline stocks also likely to be in limelight as aviation ministry allows 100 per cent occupancy for domestic flights
Most analysts forecast a nearly 20 per cent year-on-year (YoY) jump in Infosys' revenue during the second quarter of the financial year 2021-22 (Q2FY22)
The market regulator has also directed impounding of illegal proceeds of Rs 2.62 crore
The Nifty IT index surged over 2 per cent in early trade on Friday as against a 0.48 per cent rise in the benchmark Nifty50 index
The tech services giant said over 30 mn taxpayers had logged in and have completed transactions
Business Standard brings the top headlines of the day
Infosys says it acknowledges the difficulties some users continue to experience and says it is working 'expeditiously'
Telecom operator Bharti Airtel's around Rs 21,000 crore rights issue will open on October 5, according to a regulatory filing
Through this collaboration, for customers in manufacturing s[ace, Infosys will leverage its industry cloud blueprints
Infosys on Wednesday announced a strategic collaboration with Amazon Web Services (AWS) to develop quantum computing capabilities and use cases.
NSE Nifty settled the day in the red ahead of the FOMC outcome later today
Vodafone plc has made it clear that it will not make any fresh equity infusion in its Indian telecom business--Vodafone Idea Ltd (VIL)
The new income tax e-filing portal, which was unveiled with much fanfare, is not completely glitch-free even as the deadline set by the government for Infosys to fix the problems expired on Wednesday.
There is no denying that Infosys must take a major part of the blame for the problem
Sebi on Wednesday confirmed its directions passed earlier against certain entities to bar them from the capital markets for allegedly indulging in insider trading in Infosys Ltd's shares.
Infosys on Wednesday announced a strategic collaboration with SAP, a market leader in enterprise application software, to provide Business Process Transformation-as-a-Service to enterprises. Through this collaboration, Infosys will leverage business process intelligence (BPI) from SAP to identify opportunities and obstacles in the transformation journey and create a roadmap for clients, Bengaluru-headquartered Infosys said in a statement. Executive Vice President & Global Head of Enterprise Application Services, Infosys, Dinesh Rao, said, As we navigate through Cloud, BPI becomes an essential component of the transformation journey for enterprises". "Given our strong relationship with SAP, we will continue to deliver value and innovative solutions to our clients", he said. General Manager, Business Process Intelligence, SAP, Rouven Morato, said the value of BPI extends beyond IT and actually impacts how businesses operate.
HCL Tech has signed strategic partnership with South Korean company HANCOM for tech solutions.
Sitharaman encouraged continuous feedback and inputs from India Inc, and said discussions with industry had enabled the government to take a series of actions as the pandemic situation evolved
India's second largest software services firm Infosys on Monday said it will announce its financial results for the September quarter on October 13.