Infosys News - Latest Updates & Headlines
India's IT services companies to report subdued growth during 4QFY25: Report
New Delhi, April 5: India's information technology sector is expected to report subdued growth for the fourth quarter of FY25 (January-March period), according to a report by Systematix Institutional Research.
Indian IT services sector projected to clock mid-single-digit USD growth in FY26
New Delhi, April 2: The Indian IT services sector is projected to clock mid-single-digit USD growth over the medium to long term, led by 2-3 per cent market growth and the rest through market share gains, HSBC Research said on Wednesday.
Sensex, Nifty open higher amid mixed global cues
Mumbai, April 2: Indian equity indices opened in the green on Wednesday as heavyweights like Infosys, ICICI Bank, Tech Mahindra and Maruti Suzuki continued to lift the market sentiment amid mixed global cues.
Combined market valuation of top 8 firms rises by Rs 88,000 crore; HDFC Bank leads gains
Mumbai, March 30: The combined market valuation of eight out of the top ten most-valued Indian companies has increased by Rs 88,085.89 crore this week.
India's strength's been using technology for masses, AI can help achieve 8% growth: Nandan Nilekani
New Delhi, March 17: Nandan Nilekani, Co-Founder and Chairman of IT services major Infosys, suggested on Monday that for India to achieve 8 per cent growth, it has to use AI tools to take things to people.
Time to bring a billion Indians into AI-driven digital economy: Nandan Nilekani
New Delhi, March 13: There is an urgent need to build artificial intelligence (AI) solutions suited for India's language diversity, to bring a billion Indians into the AI-driven digital economy, Infosys co-founder and Aadhaar architect, Nandan Nilekani, has said.
IT Minister Ashwini Vaishnaw Challenges TCS, Infosys, Wipro to develop indigenous Mobile OS
New Delhi, March 7: Union Information and Technology Minister, Ashwini Vaishnaw on Friday challenged the technology giants such as TCS, Infosys, and Wipro to develop an operating system for mobile phones.
Former Infosys CFO Mohan Das Pai meets Dy CM Shivakumar over development of Bengaluru
Bengaluru, March 1: Former Infosys CFO T.V. Mohandas Pai met Karnataka Deputy Chief Minister D.K.
Responsible AI: Infosys unveils open-source toolkit to promote its ethical use
Bengaluru, Feb 26: As India doubles down on the safe use of artificial intelligence (AI), IT major Infosys on Wednesday launched an open-source 'Responsible AI' toolkit that aims to address risks and ethical concerns.
Infosys lays off nearly 700 freshers from Mysuru campus, claims IT employees' union
New Delhi, Feb 7: IT giant Infosys has laid off nearly 700 freshers from its Mysuru campus, IT employees' union Nascent Information Technology Employees Senate (NITES) claimed on Friday.
Reading is more important than digital life: Rajya Sabha MP Sudha Murthy at Jaipur Literature Festival
Jaipur, February 1: Rajya Sabha MP Sudha Murthy attended the Jaipur Literature Festival on Saturday, where she shared her views on the differences between acquiring knowledge through reading books and through digital media.
Indian stock market opens higher, IT sector shows promise post Q3 earnings
Mumbai, Jan 24: Indian benchmark indices opened higher on Friday, extending gains to day three this week, as Nifty Bank, auto, FMCG and IT sectors led the morning trade.
WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs
Hyderabad, Jan 23: IT major Infosys Limited will expand its presence in Hyderabad to create 17,000 jobs.
Infosys to create 17,000 new jobs in Telangana, expand IT campus in Pocharam, Hyderabad
Davos, January 23: Infosys Limited has announced plans to significantly expand its IT campus at Pocharam in Hyderabad, creating 17,000 additional jobs.
Sensex jumps 566 points, Nifty holds at 23,000 as US tariff fears ease
Mumbai, Jan 22: The Indian stock market witnessed a roller-coaster ride on Wednesday, as benchmark indices Sensex and Nifty bounced back strongly in the latter half of the day after uncertainties over impending US trade tariff eased.
Indian stock market opens lower amid weak global cues
Mumbai, Jan 17: The Indian stock market opened lower on Friday amid weak global cues as selling was seen in the IT and private bank sectors.
Infosys clocks 11.5 pc net profit growth at Rs 6,806 crore in Q3
New Delhi, Jan 16: IT major Infosys on Thursday reported 11.5 per cent increase in net profit at Rs 6,806 crore in the third quarter (Q3) this fiscal, from Rs 6,106 crore in the year-ago period.
AP Govt enters into MoU with Infosys for skill census pre-validation
Amaravati, January 10: The leading software company, Infosys, has come forward to take up the ambitious skill census program to take forward in a more beneficial way to improve the employment opportunities in the state by providing necessary technical assistance, a statement said.
Infosys may delay annual salary hike over global uncertainties
New Delhi, Jan 6: IT major Infosys has reportedly deferred the annual salary hike in the fourth quarter of FY 2024-25. The company last implemented a salary hike in November 2023.
PM Modi meets former Infosys CEO Vishal Sikka, says India committed to taking lead in AI
New Delhi, January 4: Prime Minister Narendra Modi on Saturday said that India is committed to taking the lead in AI, with a focus on innovation and creating opportunities for the youth.
IT companies gears up for Q3 results with tier 1 companies to report modest revenue growth: Report
New Delhi, January 4: As the quarterly results season begins next week, the Indian IT services sector is preparing for a mixed performance in the third quarter of FY25, a period traditionally considered weak due to seasonal furloughs, according to a report by Centrum.