Infosys hit a new high of Rs 1,384, up 6%, bouncing back 7.5% from its early morning low of Rs 1,288 on the BSE.
The subcontracting costs of the company in the quarter stood at Rs 12.9 billion, a growth of 17 per cent over the previous quarter
Company says confident of containing this with 'specific interventions'
Operational efficiencies and rupee depreciation benefits likely to be offset by wage hikes
Company to come out with first quarter results today, three days after TCS posted better-than-expected numbers on all fronts
Infosys ended 4.5% lower at Rs 1,284.50, its sharpest single day fall since August 21, 2017.
With Rs 2.83-trillion market capitalisation, Infosys is 6% or Rs 164 billion away to touch Rs 3-trillion mark.
Form 20F provides information regarding financial information of a company apart from the key risks faced by it
Chairman Nandan Nilekani said digital challenges were pervading every space spanning media, entertainment, healthcare financial services, retail or pharmaceuticals.
Balakrishnan also said Infosys to some extent institutionalised the Capital market.
Company's 'Recommendation Engine' leverages AI, machine learning and analytics to suggest training programmmes best suited for individual staff
Thus far in the calendar year 2018, Infosys has outperformed the market by surging 24% as compared to 4.5% rise in the S&P BSE Sensex.
Starting its journey with a gross revenue of $5 million during its stock market debut on June 14, 1993, Infosys has reached dizzying heights, with a revenue of $10.93 billion in 2017-18
The training will prepare company's designers to create client solutions at junctures of several disciplines, including the humanities, liberal arts, public policy, economics, and engineering
The stock hit a record high of Rs 1,278.55, up 1.6% on the BSE in intra-day trade on Wednesday, surpassed its previous high of Rs 1,278 reported on June 3, 2016.
During the five-year period of the listing on Euronext Paris and Euronext London, the average daily trading volume of Infosys ADSs was significantly lower than its average daily trading volume on NYSE
It added the transaction will also help Infosys further expand its worldwide network of digital studios
Share of young engineers in 18-25 age group drops to 28% in FY18, senior staff ratio goes up
In the latest annual report for 2017-18, the IT firm said such activism may impact the price of its equity and ADSs negatively
Finacle Trade Connect will enable increased automation and transparency while helping efficiently manage risks in trade and supply chain financing operations