Page 5 - Infosys

Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%

The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%

India Inc takes mental health to heart but challenges remain

Firms using data, sensitising managers to help employees as experts say more awareness, acceptability needed

Nifty IT in pullback mode: Infosys, HCL Tech, KPIT can rally up to 15%

The Nifty IT index has recovered smartly from its September lows, and if the current momentum sustains select IT stocks could witness a medium-term bullish trend.

Mcap of 9 of top 10 firms climbs Rs 79,798 cr; TCS, Infosys biggest winners

Nine of the top 10 valued firms together added Rs 79,798.3 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest winners. In the last week, the 30-share BSE Sensex climbed 630.16 points or 1 per cent. The barometer settled at 62,293.64, its fresh record closing high on Friday. Barring Adani Enterprises, all the 10 most valued firms including Reliance Industries, HDFC Bank, ICICI Bank and Hindustan Unilever Limited witnessed gains in their valuation. The market valuation of TCS jumped Rs 17,215.83 crore to Rs 12,39,997.62 crore. Infosys added Rs 15,946.6 crore taking its valuation to Rs 6,86,211.59 crore. The market valuation of Reliance Industries rallied Rs 13,192.48 crore to Rs 17,70,532.20 crore and that of Hindustan Unilever climbed Rs 12,535.07 crore to Rs 5,95,997.32 crore. ICICI Bank's market capitalisation (mcap) zoomed Rs 6,463.34 crore to Rs 6,48,362.25 crore and that of Bharti Airtel gained Rs 5,451.97 cr

Stocks to Watch: Nykaa, Vedanta, Adani Enterprises, Inox Green, Siemens

Stocks to Watch: Inox Green Energy Services will make its debut on the bourses today. The issue price has been fixed at Rs 65 per share

Here's why Mehul Kothari recommends to Sell Infosys, Buy Redington

According to the technical analyst from Anand Rathi, Infosys can be sold with a stop at Rs 1,630, while Redington is expected to rally to Rs 178.

Infosys Science Foundation names winners of 14th Prize in six categories

The Infosys Prize focuses on the achievements of the recipients and awards them for their contributions to science and research impacting India

IRCTC, Zomato, Infosys: Is investors' love for digital India over?

Some of the other 'digital / new-age' companies debuted at a steep valuation compared to the traditional technology firms. The rally fizzled out as they failed to make a decent profit

Infosys BPM opens AI, automation unit in Poland for global clients

Centre will offer solutions for lowering costs, productivity, and customer experience: Company

Infosys circulates three-phase work-from-office plan internally: Report

This is in line with its Chief Executive Officer (CEO) Salil Parekh's announcement in October that the company will continue its flexible approach in calling the employees back to the office

Background checks and more: How IT companies are detecting moonlighting

IT firms are increasingly resorting to background verification firms for additional checks on employees for moonlighting, says report

Measuring worth: Front-row seats to high return-on-equity stocks

A portfolio of richly valued RoE stocks is expected to outperform the broader market over the longer term.

Growing unemployment: Battle of two parallel realities

The duality between the ground reality of tangible unemployment and the perception created by events like "rozgar melas" will likely continue till the next general election

Reliance Strategic Investments appoints K V Kamath as Independent Director

Kamath served as Chairman of Infosys. In 2015 he was appointed as the first President of the New Development Bank set up by the BRICS countries from where he retired in 2020

Top headlines: Consumer protection rules, Infosys may overtake Cognizant

Business Standard brings you the top headlines at this hour

Infy may overtake Cognizant on revenue front after a decade, say analysts

Slow growth rate and execution challenges impact Cognizant Q4 performance

Cognizant introduces 'two merit cycles' for employees to rein in attrition

Cognizant Technology Solutions has introduced a one-time, 'two merit cycles' for calendar year 2022 (CY22) for its employees to arrest attrition

Rohan Murty wants to use data to make white-collar workers more efficient

The startup, based both in Boston and Bangalore, gets a real-time view of how people in teams get work done by using machine learning

Infosys to take shareholders' nod for Rs 9,300-crore share buyback

Infosys will seek shareholders' nod for its proposed Rs 9,300 crore share buyback between November 3 to December 2 through postal ballot, the company said in a regulatory filing. The Infosys board on October 13 had announced a share buyback of Rs 9,300 crore via the open market route, for a price not exceeding Rs 1,850 per equity share. "...the Company is required to obtain the approval of its Members for the Buyback by way of a special resolution through Postal Ballot or at a general meeting by providing the facility to Members to vote by electronic means. Accordingly, the Company seeks your approval for the Buyback through this Postal Ballot Notice," the filing said. The board decided to return approximately 85 per cent of the free cash flow cumulatively over a five-year period through a combination of semi-annual dividends, share buyback, special dividends etc. "The Company has engaged the services of NSDL for the purpose of providing e-voting facility to all its members. The ..

Infy declares interim dividend; UK PM's wife Akshata to get Rs 64.27 cr

Software giant Infosys declared an interim dividend of Rs 16.50 per equity share for shareholders for 2022-23, while Akshata Murthy, wife of UK PM Rishi Sunak, will get a dividend of Rs 64.27 crore.