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3 mins read

Margin recovery likely an uphill task for Infosys after Q1 shock

India’s second largest IT services company Infosys reported a sequential decline in its net profit …

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6 mins read

Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23

India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…

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2 mins read

TCS, Infosys, Wipro continue their downward slide into a 52-week low

The fear of the US slipping into recession has imploded the valuations of Indian IT companies. The …

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6 mins read

TCS, Infosys, L&T triplets tank on US troubles — wiping $10 billion off tech wealth

Indian tech giants TCS, Infosys, L&T's tech triplets and other stocks tanked, reflecting a global m…

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3 mins read

Azim Premji and Shiv Nadar lose $20 billion of their personal wealth – thanks to the Great Indian IT meltdown

Fears of a global economic slowdown – worse yet, a recession – have caused a meltdown in IT compani…

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3 mins read

Infosys could remain the ‘vendor of choice’ even if recession comes, say analysts

This is a part of the tech meltdown that is seen in the US as well. Both these falls are trigger…

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1 min read

Infosys hikes CEO Salil Parekh's salary by 88% to ₹79.75 crore per annum

This makes him one of the highest paid executives in India. The company provided the sharp hike …

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5 mins read

TCS, Infosys, Wipro and other IT companies' dream run could be over, say analysts

Indian information technology stars’ dream run in the post-pandemic era could be slowing down, with…

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5 mins read

Wipro outshines TCS, Infosys and others with a 31% jump in share price over the last two months

The Indian information technology (IT) giant, Wipro, touched the ₹3 lakh crore ($41 billion) market…

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2 mins read

Infosys becomes the first Indian IT major to pull out of Russia, announces $1 million humanitarian aid fund

“We have started to transition all of our work from our centres in Russia to our centres outside…

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1 min read

Infosys is looking to hire 50,000 employees this year while expecting the attrition rate to come down

Infosys, India’s second-biggest information technology (IT) company in terms of market capitalisati…

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1 min read

Infosys, Wipro, HDFC Bank and other stocks to watch out for on April 15

The Indian stock markets could open on a negative note on April 15 after the massive ending in the …