Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Microsoft Corp. has tied up with Cognizant, Infosys, TCS and Wipro to accelerate the adoption of agentic AI, CEO Satya Nadella said on Thursday. Microsoft CEO Satya Nadella. (PTI) These companies will deploy over 50,000 Microsoft Copilot licenses, setting up a new benchmark for enterprise-scale AI adoption, according to a statement. “There’s great momentum in […]
With the record date of the Infosys buyback upon us, it’s worth understanding how buyback taxation works in India. Thankfully, Nithin Kamath, co-founder and chief executive officer, took it upon himself to do the math. Zerodha CEO Nithin Kamath. (@Nithin0dha/X) The ₹18,000-crore Infosys buyback—the largest in India’s history along with Tata Consultancy Services Ltd.’s in […]
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company’s ₹18,000 crore share buyback, according to a regulatory filing on Wednesday. The Infosys promoters collectively held 13.05% of the company’s equity as on the buyback announcement date. (Reuters) The promoters collectively hold 13.05 per cent […]
How the stocks of Infosys Ltd. and Wipro Ltd. have moved today, a day after their quarterly results, is emblematic of a wider problem afflicting India’s $283-billion IT services industry. A software professional at work. (Unsplash) The Nifty IT index, a gauge of India’s 10 largest IT firms is down 1.9% since bellwether Tata Consultancy […]
The NSE Nifty 50 reversed losses to trade at a one-year high today, as gains in Reliance Industries Ltd. ahead of its quarterly results offset losses in Infosys and Wipro share prices. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The NSE Nifty 50 rose as much as 0.42% to 25,693.3 points—the […]
Infosys Ltd. has decided to narrow its annual revenue growth guidance after a more than 5% decline in the second quarter of the ongoing fiscal. Infosys CEO Salil Parekh. Infosys share price fell 0.08% to ₹1,472.75 apiece on the BSE before the quarterly results were announced. (Reuters) Consolidated revenue of India’s second largest IT services […]
After mixed quarterly earnings from Tata Consultancy Services Ltd. and HCL Technologies Ltd., the focus now shifts to Infosys Ltd. and Wipro Ltd. which are going to report their second-quarter results today. Infosys CEO Salil Parekh. (ANI) Investors will watch for signs of stability in an IT sector marred by US H-1B visa shock as […]
