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Infosys market valuation jumps by Rs 20,843 crore after earnings announcement; Shares climb nearly 5%
The Infosys stock has emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms.
PTI
Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance
IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…
IT bellwethers slash headcount in FY24 but Indian techies find a home with GCCs
Headcount in the top IT services firms in India is down by 75,000 in the last one year. However, ex…
Infosys to acquire semiconductor design company InSemi for ₹280 crore
Software major Infosys Ltd on Thursday said it will acquire InSemi, a semiconductor design and embe…
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…
Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’
In spite of the many startups laying off employees since last year, the Indian IT sector has so far…
Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations
Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…
Hiring in the IT sector plunges by 66% in FY23
Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…
Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces
$NIFTYIT.NSE Cmp- 27836Nifty IT index made Dragonfly doji on weekly chart, RSI divergence on chart,…
Infosys reports 4% revenue growth in constant currency, announces ₹9,300 crore worth buyback of shares
India’s second largest IT services company Infosys reported a 4% growth sequentially in its revenue…
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…
Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools
Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…
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…
Infosys raises full year guidance after the best revenue growth in at least eight quarters
Technology services giant Infosys saw its revenue grow by 7% on quarter in constant currency terms,…
More employees are leaving Infosys, Tech Mahindra than TCS and Wipro
Shares of information technology (IT) firm Tech Mahindra slumped nearly 4% on February 2 as investo…
US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain
While the market momentum is weak on Friday, information technology (IT) company stocks are the out…
Cognizant faces the worst attrition rate in the industry, hires record number of employees to fill the gap
The Indian information technology (IT) industry is reeling with a very high number of employees lea…
India’s techies are leaving IT firms in hordes — Here’s why
While the demand for information technology (IT) services companies remains robust with the evolvin…
Infosys has a new 'no regret' policy when it comes to employees
Infosys, in its latest earnings call, said that it has temporarily froze hiring, promotions and app…
After TCS, Infosys on a hiring spree — plans to add 18,000 freshers via campus placements
Infosys — second largest software exporter in India — is planning to boost its workforce with aggre…