Infosys, HCL Technologies, Tech Mahindra, Larsen & Toubro Infotech, Coforge and Mindtree were up in the range of 3 per cent to 6 per cent on the NSE
HDFC, TCS, and Bajaj Finance emerged as the biggest gainers
IT services major Infosys on Friday said it has divested one-third of its holding in US-based Whoop for about USD 10 million (about Rs 73.5 crore). In 2015, Infosys had announced making a USD 3 million investment in US-based wearable device startup Whoop for a minority shareholding in the company. "The company had made a minority investment of USD 3 million during December 2015 in Whoop Inc, the human performance company headquartered in Boston, USA. ...The company would like to inform that it has divested one-third of its holding for about USD 10 million," Infosys said in a filing on Friday.
Edelweiss Securities says that the robust tech up-cycle would benefit firms like HCL Technologies, Infosys, TCS, and Tech Mahindra
Nifty IT index hit a record high of 23,408, up 2% on the NSE
The company isn't trying to scale the solution commercially, is only showcasing it to various jurisdictions. Will be happy to help anyone who sees value in it
Nilekani spoke at the Infosys Media Day 2020 event on Tuesday
Such a setup would allow more women to become a part of workforce, says company
Infosys will ring the closing bell at the New York Stock Exchange (NYSE) to commemorate its eighth anniversary of listing on the exchange
Digital acceleration, large deal wins, client mining, market share gains and margin improvement remain key long term drivers for IT sector, according to analysts
Aerospace and defence technology major Rolls-Royce and Infosys have signed a strategic partnership for sourcing engineering and R & D services for Rolls-Royce's civil aerospace business.As part of the overall partnership, Rolls-Royce will transition a significant part of its engineering centre capabilities for civil aerospace in Bengaluru to Infosys.Leveraging its expertise in core engineering services, digital transformation capabilities, and Rolls-Royce product knowledge acquired through the partnership, Infosys will provide a full range of high-end engineering and R & D services integrated with advanced digital service to Rolls-Royce."India has grown to become a key contributor to the Rolls-Royce global engineering ecosystem, delivering high levels of technical capability to support a broad range of complex business demands," said Kishore Jayaraman, President of Rolls-Royce India and South Asia."Infosys has been a valued partner to Rolls-Royce for many years, and we now ...
The prize consists of a gold medal, a citation and a purse of $100,000
The deal involves transferring of 500-600 Daimler employees to the information technology (IT) firm, the report said.
Infosys and the ATP on Friday announced the renewal of their partnership for three years
The solution has been built on the Salesforce Platform in support of Salesforce Work.com for Vaccines as the COVID-19 pandemic continues
Bajaj Finance emerged as the biggest gainer, reflecting bullish investor sentiment
On the other hand, PSU stocks and banks have been laggards - with ONGC, Indian Oil, IndusInd Bank, and Coal India delivering the worst returns.
Infosys co-founder S D Shibulal gets over 400,000 shares as gift
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Experts say the move will also encourage companies to focus on innovative products and solutions and improve BPM delivery efficiencies