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June 08, 2023 01:45 PM IST Motilal Oswal is bullish on Infosys recommended buy rating on the stock with a target price of Rs 1520 in its research report dated June 07, 2023.
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June 07, 2023 12:13 PM IST Infosys' employee pyramid has remained steady year-on-year, primarily due to lower fresher hiring rates.
- June 07, 2023 11:31 AM IST
The rivalry between Tata Consultancy Services (TCS) and Infosys, India's two IT majors, has always been intense. In this analysis, we delve into their financial performance to understand how these companies stack up and what do their numbers tells us. After a forgettable performance in the fourth quarter, technology behemoths are bracing for more uncertainty in the near term, thanks to the banking turmoil and fears of a recession in the US. Management commentary from both TCS and Infosys painted a grim picture. Growth, margins and discretionary tech spends are some of the areas of concern — watch to know more!
- June 07, 2023 12:26 PM IST
Former TCS CEO Rajesh Gopinthan drew Rs 29.16 crore in remuneration in FY23, an over 13.17 percent YoY increase from Rs 25.75 crore that he earned the previous year.
- June 06, 2023 04:37 PM IST
About 1934 shares advanced, 1501 shares declined, and 121 shares remained unchanged on June 6
- June 05, 2023 09:45 AM IST
For fiscal year FY24, the IT giant has set a revenue growth target of 4-7 percent. This marks the first time since FY18 that the company's revenue is expected to fall within this guided range.
- June 03, 2023 12:13 PM IST
Salil Parekh made 627 times the median remuneration — Rs 9 lakh — of the IT services company’s employees but he was still not the highest paid. Infosys president Mohit Joshi earned Rs 57.32 crore in FY23. He leaves the company on June 9 to take over as Tech Mahindra CEO
- June 02, 2023 09:55 AM IST
The Infosys board had declared a final dividend of Rs 17.50 a share, taking the total dividend payout to Rs 34 a share for FY23
- June 02, 2023 09:42 AM IST
HCLTech reported the sharpest fall of 11% in 5-year CAGR. However, at $55,704 aggregate revenue per employee, it’s still the highest among the top five
- June 01, 2023 06:03 PM IST
India's tier-1 IT firms have a high correlation to S&P500 revenue growth, which is expected to decelerate over the next two quarters
- May 30, 2023 01:02 PM IST
Nitesh joins R Systems after a career spanning 25 years, including 23 years at Infosys, where he held a number of executive positions
- May 24, 2023 03:47 PM IST
Nilekani also said that the AA framework is incentivising people to join the system, boosting the growth of a formal economy.
- May 25, 2023 07:04 AM IST
While most analysts still have a ‘buy’ call on both the IT majors, TCS comprehensively beats Infosys on most parameters, even as it commands a higher price multiple.
- May 24, 2023 01:26 PM IST
Fresh engineering graduates in India hired by top IT companies are facing financial strain, mental health issues and dashed career aspirations due to prolonged delays in onboarding.
- May 24, 2023 09:18 AM IST
Catamaran Ventures LLP, which began operations in 2009, will raise its assets under management to as much as $2 billion and is exploring strategic partnerships in three new areas: deep tech, precision engineering and manufacturing, and renewables, according to Chairman MD Ranganath.
- May 23, 2023 07:01 PM IST
Our specially curated package of the big stories to help you stay at the top of your game.
- May 23, 2023 03:08 PM IST
Infosys’ efforts in AI come a time when technology demand is slowing down in its major markets such as the US and Europe.
- May 22, 2023 01:31 PM IST
Bhanurekha K, an Infosys employee, died after the car she was travelling in was submerged in an underpass at KR Circle, less than a kilometre away from the Vidhana Soudha, the seat of power
- May 22, 2023 12:41 PM IST
Bengaluru rain: As Infosys employee Bhanu Rekha's family started crying for help, passersby rushed to their rescue. They threw sarees and ropes to help the family remain afloat. Those entrapped tried to climb up to higher ground but failed. While two of them were dragged out by swimmers of the emergency services personnel, others were brought out using a ladder.
- May 18, 2023 03:26 PM IST
Five interesting anecdotes that Sudha Murty revealed on The Kapil Sharma Show - from her first meeting with Narayana Murthy to the time she was called 'behenji' in London.
- May 18, 2023 12:35 PM IST
Anindya Chatterjee, CEO of Saleswah CRM, said he sat next to Narayana Murthy on a flight from Singapore to Hong Kong in the early 2000s.
- May 18, 2023 12:03 PM IST
While the average payout is 60 percent, an employee’s final variable payout will depend on their unit or department’s guidelines.
- May 17, 2023 08:04 AM IST
For Infosys, this marks the biggest deal since the company signed Daimler in late 2020.
- May 16, 2023 04:15 PM IST
Venkatasamy Vignesh, a 28-year-old techie from Tamil Nadu left his job at Infosys and followed his passion in agriculture. Vignesh is now involved in brinjal farming in Japan.
Moneycontrol's Ankita Sengupta interviews Vignesh to know the story behind this shift.
Watch!
- May 16, 2023 03:40 PM IST
Sudha Murty recalled the incident at London's Heathrow airport when two co-passengers judged her based on her appearance.
