Moneycontrol PRO
you are here: HomeNewsInfosys
infosys
Jump to
  • What Infosys’s pay hike bonanza tells us about India’s IT services export model May 20, 2022 10:30 AM IST

    What Infosys’s pay hike bonanza tells us about India’s IT services export model

    Rising salaries whittle away Indian IT’s cost advantage; Companies will have to focus on automation, innovation and productization 

  • JP Morgan downgrades Indian IT services sector to underweight May 19, 2022 11:21 AM IST

    JP Morgan downgrades Indian IT services sector to underweight

    Rising margin headwinds in the near term and revenue headwinds in the medium term from a potential macro slowdown will mean that the sector’s earnings upgrade cycle is behind

  • Government extends April GST payment deadline till May 24 May 17, 2022 11:01 PM IST

    Government extends April GST payment deadline till May 24

    Earlier in the day, the CBIC had said that a technical glitch has been reported by Infosys in the generation of April GSTR-2B and auto-population of GSTR-3B on the portal.

  • Infosys skips meeting with Labour Ministry, IT union again May 17, 2022 07:53 PM IST

    Infosys skips meeting with Labour Ministry, IT union again

    Before today's meeting, the Labour Ministry had issued another notice to Infosys to hold a joint discussion on April 28, which the IT major did not attend.

  • Govt mulls extending April GST payment deadline; asks Infosys to fix glitch on portal May 17, 2022 02:45 PM IST

    Govt mulls extending April GST payment deadline; asks Infosys to fix glitch on portal

    The Central Board of Indirect Taxes and Customs (CBIC) said a technical glitch has been reported by Infosys in generation of April 2022 GSTR-2B and auto-population of GSTR-3B on portal.

  • Mcap of eight of top-10 firms tumbles over Rs 2.48 lakh crore May 15, 2022 11:46 AM IST

    Mcap of eight of top-10 firms tumbles over Rs 2.48 lakh crore

    The market valuation of Reliance Industries tumbled Rs 1,30,627.7 crore to reach Rs 16,42,568.98 crore.

  • Hot Stocks | Here's why you should buy Infosys, Kotak Mahindra Bank for short term May 12, 2022 07:25 AM IST

    Hot Stocks | Here's why you should buy Infosys, Kotak Mahindra Bank for short term

    After consolidating for more than four months, Kotak Mahindra Bank has given a breakout of a triangle pattern on the daily chart.

  • IT stocks fall even as rupee weakens amid bleak outlook, margin pressure May 11, 2022 06:48 AM IST

    IT stocks fall even as rupee weakens amid bleak outlook, margin pressure

    Macroeconomic factors including uncertainty related to the ongoing Russia-Ukraine war are likely to have some impact on IT services companies with considerable presence in Eastern Europe

  • Labour Ministry calls Infosys for joint discussion on non-compete clause Apr 27, 2022 06:52 PM IST

    Labour Ministry calls Infosys for joint discussion on non-compete clause

    As per the clause, employees who have quit the firm are banned from working with the clients, with who they were associated for 12 months before they quit.

  • Non-compete clause standard, won’t limit career growth: Infosys Apr 20, 2022 08:48 PM IST

    Non-compete clause standard, won’t limit career growth: Infosys

    While these provisions are not new and are common among companies, they have gained prominence against the backdrop of increased attrition. Infosys reported 27.7 percent attrition for the quarter ended March 31, 2022.

  • IT employees union files complaint against Infosys, seeks removal of non-compete clause Apr 20, 2022 10:47 AM IST

    IT employees union files complaint against Infosys, seeks removal of non-compete clause

    This comes in the backdrop of IT major’s Q4 earnings that showed the attrition continues to spike amid a robust demand environment. The company hired 85,000 freshers in the year ended March 31, 2022, while the attrition stood at 27.7 percent.

  • Situation in Ukraine hasn't impacted demand among European clients: Infosys CEO Apr 19, 2022 10:46 PM IST

    Situation in Ukraine hasn't impacted demand among European clients: Infosys CEO

    "Today we have no center in Ukraine but the other areas we have been expanding in and that has developed quite well," he said.

  • Why markets have fallen in eight out of nine sessions Apr 19, 2022 05:33 PM IST

    Why markets have fallen in eight out of nine sessions

    Benchmarks Sensex and Nifty declined for eight out of nine trading sessions, falling over 7% each. Investors lost Rs 10 lakh crore market value in this period

  • Buy Infosys ; target of Rs 2018: YES Securities Apr 19, 2022 01:04 PM IST

    Buy Infosys ; target of Rs 2018: YES Securities

    YES Securities is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 2018 in its research report date April 14, 2022.

  • Hold Infosys; target of Rs 2000: ICICI Direct Apr 18, 2022 05:23 PM IST

    Hold Infosys; target of Rs 2000: ICICI Direct

    ICICI Direct recommended hold rating on Infosys with a target price of Rs 2000 in its research report dated April 17, 2022.

  • Infosys | Globalisation’s poster child is facing political headwinds Apr 18, 2022 03:50 PM IST

    Infosys | Globalisation’s poster child is facing political headwinds

    Infosys and its disciples are increasingly being battered by forces that refuse to follow the logic of the global market

  • Infosys, TCS poor show in Q4 weighs on IT stocks, BSE IT index declines over 5% Apr 18, 2022 02:40 PM IST

    Infosys, TCS poor show in Q4 weighs on IT stocks, BSE IT index declines over 5%

    Earlier, analysts predicted IT firms to report robust revenue growth, with mid-cap companies expected to outperform their larger rivals

  • Watch out! Tech-tonic shifts are taking hold in India Apr 18, 2022 10:10 AM IST

    Watch out! Tech-tonic shifts are taking hold in India

    In the current geopolitical environment, it becomes critical to keep track of major geographical revenue contributors 

  • Infosys’s decision to exit Russia after the UK row is poor optics Apr 18, 2022 10:02 AM IST

    Infosys’s decision to exit Russia after the UK row is poor optics

    The company had a skeletal presence in Russia implying little impact of the exit on performance, but the timing raises questions on why it took that decision

  • Sell-off in Infosys shares wipes out Rs 48,000 crore in MCap after analysts lower margin estimates Apr 18, 2022 09:44 AM IST

    Sell-off in Infosys shares wipes out Rs 48,000 crore in MCap after analysts lower margin estimates

    The stock fell as much as 9%, its biggest fall since 23 March 2020 and touched a low of Rs 1592 a share. At 9.30am, the scrip was trading at Rs 1642 on BSE, down 7% from its previous close.

  • Neutral Infosys; target of Rs 1659: Arihant Capital Apr 16, 2022 03:13 PM IST

    Neutral Infosys; target of Rs 1659: Arihant Capital

    Arihant Capital recommended Neutral rating on Infosys with a target price of Rs 1659 in its research report dated April 16, 2022.

  • Buy Infosys; target of Rs 2094: KR Choksey Apr 16, 2022 02:57 PM IST

    Buy Infosys; target of Rs 2094: KR Choksey

    KR Choksey is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 2094 in its research report dated April 16, 2022.

  • We have given very strong guidance, will continue to gain market share: Infosys CEO Salil Parekh Apr 14, 2022 02:45 PM IST

    We have given very strong guidance, will continue to gain market share: Infosys CEO Salil Parekh

    While FY22 was a banner year for the IT services major, the fourth quarter disappointed, as revenues and margins came below expectations.

  • Accumulate Infosys; target of Rs 1899: Prabhudas Lilladher Apr 14, 2022 01:42 PM IST

    Accumulate Infosys; target of Rs 1899: Prabhudas Lilladher

    Prabhudas Lilladher recommended accumulate rating on Infosys with a target price of Rs 1899 in its research report dated April 14, 2022.

  • TCS, Infosys hired record 1.85 lakh freshers last financial year as attrition spiked Apr 14, 2022 12:31 PM IST

    TCS, Infosys hired record 1.85 lakh freshers last financial year as attrition spiked

    With companies fighting for a limited talent pool, attrition has been on the rise for the last three quarters. As a result, supply side crunch has become a huge challenge for the firms.

Sections
ISO 27001 - BSI Assurance Mark