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1 min read
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
6 mins read
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…
6 mins read
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…
1 min read
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…
5 mins read
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…
3 mins read
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…
7 mins read
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…
5 mins read
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…
4 mins read
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,…
7 mins read
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…
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…
5 mins read
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…
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…
2 mins read
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,…
3 mins read
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…
3 mins read
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…
2 mins read
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…
4 mins read
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…
2 mins read
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…
1 min read
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…