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Stock market outlook: Infosys and Reliance Industries results, rupee movement to guide markets, say experts

Stock market outlook: Infosys and Reliance Industries results, rupee movement to guide markets, say experts

Sun, Oct 14, 2018

"However, worries about US Fed rate hike, US-China trade dispute and political uncertainties in India on account of upcoming state elections may impact sentiment in the short-term," said Vinod Nair, Head of Research, Geojit Financial Services.

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Infosys gets thumbs up from Moody's

Infosys gets thumbs up from Moody's

Thu, Oct 04, 2018

Moody's Investors Service Wednesday assigned an A3 local currency issuer rating to Infosys based on the IT major's "internationally diverse revenue base and strong financial profile". Infosys' A3 rating reflects a "degree of insulation from the domestic economy as well as a level of fundamental strength", the rating agency said.

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Infosys, TCS, Tata Motors, M&M among 12 Indian firms under Fortune's best regarded companies list; Govt's GIC Re, SAIL also bag spot

Infosys, TCS, Tata Motors, M&M among 12 Indian firms under Fortune's best regarded companies list; Govt's GIC Re, SAIL also bag spot

Tue, Oct 02, 2018

Interestingly, Infosys and Tata Consultancy Services were among top 50 in the 2018 list. 

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Infosys, TCS and Tata Motors in Forbes' global best companies list

Infosys, TCS and Tata Motors in Forbes' global best companies list

Mon, Oct 01, 2018

Other Indian companies that made it to the coveted list include Infosys at the 31st place, Tata Consultancy Services (35), Tata Motors (70), Tata Steel (131), Larsen & Toubro (135), Grasim Industries (154), General Insurance Corporation Of India (156), Mahindra & Mahindra (164), Asian Paints (203), Steel Authority of India (227) and ITC (239).

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Four of 10 most valued companies add Rs 76,959 crore in m-cap

Four of 10 most valued companies add Rs 76,959 crore in m-cap

Mon, Oct 01, 2018

Last week four of the 10 most valued companies together added Rs 76,959.69 crore in market valuation, with Tata Consultancy Services (TCS) stealing the show with the maximum gain.

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TCS steals the show; Reliance, HDFC, Infosys make maximum gain in m-cap; SBI, ONGC, other lose

TCS steals the show; Reliance, HDFC, Infosys make maximum gain in m-cap; SBI, ONGC, other lose

Sun, Sep 30, 2018

Four of the 10 most valued companies together added Rs 76,959.69 crore in market valuation last week, with Tata Consultancy Services (TCS) stealing the show with the maximum gain.

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'Nifty may see further bounce towards 1,1130 level'

'Nifty may see further bounce towards 1,1130 level'

Wed, Sep 26, 2018

Nifty rebounded piercingly from the crucial support of ‘Rising Trendline’ and ‘150 EMA’ on the daily chart. Thus, we may see further bounce towards 11130 level.

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Stocks in Focus: State Bank of India, Infosys, Sun Pharmaceutical, Dr Reddy

Stocks in Focus: State Bank of India, Infosys, Sun Pharmaceutical, Dr Reddy

Tue, Sep 25, 2018

Continuous selling pressure from the foreign institutional investors (FII), rupee depreciation, adverse macroeconomic factors, uncertainty on national and state election, and overvalued stocks and indices – all these factors together can lead to a correction in the market.

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Infosys shares gain over 3% on partnering with Google Cloud

Infosys shares gain over 3% on partnering with Google Cloud

Mon, Sep 24, 2018

 IT-giant Infosys touched an intraday high of Rs 729.95 per piece which resulted in gains of 3.35% so far on BSE. 

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Reliance, SBI, Maruti Suzuki to Infosys, top companies lose Rs 89,779 crore in m-cap; TCS, HDFC, ONGC gain

Reliance, SBI, Maruti Suzuki to Infosys, top companies lose Rs 89,779 crore in m-cap; TCS, HDFC, ONGC gain

Sun, Sep 23, 2018

Seven of the 10 most valued Indian companies suffered a cumulative erosion of Rs 89,779.67 crore in market valuation last week, in tandem with a weak broader market.

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Infosys partners Google Cloud to develop 'Data Native Intelligent Enterprise'

Infosys partners Google Cloud to develop 'Data Native Intelligent Enterprise'

Sat, Sep 22, 2018

India's second largest IT firm Infosys Friday announced partnership with Google for developing cloud transformation and migration services.

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Infosys hiring 1,000 American techies in US state

Infosys hiring 1,000 American techies in US state

Sat, Sep 22, 2018

On Friday, Indian software major Infosys announced hiring 1,000 Americans in the Arizona state as part of its commitment to employ 10,000 Americans to bridge the IT skill gap in the US by 2023.

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Big setback for Infosys; firm loses Rs 12.17 cr salary case against Rajiv Bansal

Big setback for Infosys; firm loses Rs 12.17 cr salary case against Rajiv Bansal

Tue, Sep 18, 2018

 The former CFO Rajiv Bansal had invoked the arbitration clause in his severance contract demanding the rest of his allotted payout.

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Infosys asked to pay ex-CFO Rajiv Bansal severance of Rs 12.17 cr

Infosys asked to pay ex-CFO Rajiv Bansal severance of Rs 12.17 cr

Tue, Sep 18, 2018

The IT firm had agreed to pay Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the company suspended payments after he got Rs 5 crore as co-founder N R Narayana Murthy and others objected to the severance package as excessive.

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Infosys invests $1.5-million more in US firm TidalScale

Infosys invests $1.5-million more in US firm TidalScale

Mon, Sep 17, 2018

Software major Infosys on Monday said it invested an additional $1.5 million (Rs 10.9 crore) in the US-based TidalScale, doubling it to $3 million in the software services firm

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Reliance, TCS , Infosys finish with gains while 7 of top 10 companies lose Rs 75,684 cr in m-cap

Reliance, TCS , Infosys finish with gains while 7 of top 10 companies lose Rs 75,684 cr in m-cap

Sun, Sep 09, 2018

The market capitalisation (m-cap) of Hindustan Unilever Ltd (HUL) tumbled Rs 29,449.99 crore to Rs 3,54,774.44 crore.

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Infosys share prices surge 4.4% intraday, hit record high of Rs 748.50

Infosys share prices surge 4.4% intraday, hit record high of Rs 748.50

Tue, Sep 04, 2018

In its first quarter of April-June, Infosys reported a consolidated net profit of about Rs 3,612 crore, which is 3.7 per cent compared to the net profit reported in the same quarter last year. The consolidated net profit at Rs 3,612 crore, or Rs 16.62 per share, was higher than Rs 3,483 crore, or Rs 15.24 per share, net earnings in the same period of the previous fiscal. 

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Sudha Murty's video helping flood-Hit kodagu people goes viral

Sudha Murty's video helping flood-Hit kodagu people goes viral

Thu, Aug 23, 2018

The video shows Murthy opening a carton and passing on relief material to people seated on the other side of the room, besides packing material herself and supervising the packing process.

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Did CFO Ranganath exit just cost Infosys Rs 10,080 cr?

Did CFO Ranganath exit just cost Infosys Rs 10,080 cr?

Mon, Aug 20, 2018

The market capitalisation of the company eroded by Rs 10,079.73 crore to Rs 3,02,545.31 crore at close.

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Infosys shares fall 4% on CFO Ranganath's exit

Infosys shares fall 4% on CFO Ranganath's exit

Mon, Aug 20, 2018

On August 18, Ranganath, fondly known as Ranga, who has been working with Infosys for close to two decades, resigned in a surprise move that raises questions about stability at the country's second largest IT services firm.

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