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This share gives 36% return to its shareholders in FY19
Sun, Jun 23, 2019
Infosys has generated 36 per cent return for shareholders in 2018-19. Infosys co-founder and Chairman Nandan Nilekani told shareholders at the company's 38th Annual General Meeting (AGM).
Infosys using automation to transform clients' business, says Nandan Nilekani
Sat, Jun 22, 2019
Nilekani said the management was working to dissolve silos across its global operations to ensure its clients have instant access to ideas emanating from Infocions so as to leverage their best when they interact with them.
Sensex, Nifty dip on US H-1B Visa row; IT, Tech stocks bleed
Thu, Jun 20, 2019
The BSE Sensex shed 137 points and lost the psychological 39,000 levels while the 50-stock Nifty went down 42 points at 11,649 levels.
"India has wage problem, not job problem: Mohandas Pai
Sun, Jun 16, 2019
Former Infosys CFO and multi-sector investor T V Mohandas Pai has said India does not face a job problem, but one of the wages, as a lot of low paid jobs being created do not find favour with degree holders.
Six of top-10 firms add Rs 34,250 cr in m-cap; TCS leads
Sun, Jun 16, 2019
Six of the 10 most valued Indian companies together added Rs 34,250.18 crore in market valuation last week, with TCS accounting for the lion's share of the gains. The m-cap of Tata Consultancy Services (TCS) jumped Rs 27,523.74?crore to Rs 8,45,149.61 crore.
Infosys Q1 results 2019 on July 12: Here's when TCS, Wipro will announce April-June quarter results
Sat, Jun 15, 2019
Infosys will announce its financial results for April-June quarter of FY 2019-20 on July 12, according to a BSE filing.
Sensex, Nifty end flat with negative bias; PSBs, IT slip
Thu, Jun 13, 2019
Markets ended flat on Thursday with gains being capped by banking and auto stocks. Weak global cues and rising retail inflation, too, contributed to a lackluster trade. The S&P BSE Sensex ended 15 points, or 0.04 per cent, lower at 39,741 levels dragged by select blue-chip counters like IndusInd Bank, Reliance Industries, YES Bank and Infosys. While PowerGrid and M&M were the top gainers, YES Bank and IndusInd slipped the most.
From one FAANG to another: Jeff Bezos' Amazon creates this big opportunity for Indian FAANG stocks - Here's how
Thu, Jun 13, 2019
India also has its own list of FAANG stocks including IT-majors like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies and Tech Mahindra.
Sensex closes above 40,000 for first time, Nifty too ends at record closing high
Mon, Jun 03, 2019
Sensex closed above 40,000 for the first time today, while the Nifty ended the day at record high of 12,103. Sensex closed 553 points higher at 40,267 level. Nifty50 has made an intraday high as well as new high of 12,103 after crossing the earlier high of 12,041.5, whereas Sensex hit all time high of 40,308.
Infosys CEO Salil Parekh drew Rs 24.67 crore pay package in FY19
Mon, May 20, 2019
Salil Parekh, the chief executive officer of Infosys, took home a pay package of Rs 24.67 crore in the last financial year, the company's annual report showed.
Infosys proposes to allocate up to 50mn shares to incentivise staff; CEO to get stock units worth Rs 10cr
Fri, May 17, 2019
Infosys board has approved an 'Expanded Stock Ownership Program 2019' that intends to allocate five crore shares to a broad base of employees.
'Infosys Expanded Stock Ownership Program 2019' gets Board of Directors' approval
Thu, May 16, 2019
Infosys announced that its board of directors has approved the 'Infosys Expanded Stock Ownership Program 2019' that links long term employee incentives with shareholder value creation.
Heavy selling drags Sensex 487 pts, Nifty ends around 11,360
Wed, May 08, 2019
Benchmark indices finished near day's low on Wednesday amid weak global cues. The Sensex has closed below 38,000, while Nifty also break below 11,350 during intraday. At close, the Sensex was down 487.50 points at 37789.13, while Nifty was down 138.40 points at 11359.50. About 685 shares have advanced, 1778 shares declined, and 148 shares are unchanged.
Late selling drags Sensex 324 pts, Nifty ends a tad below 11,500
Tue, May 07, 2019
The late selling pulled Nifty50 below its crucial support of 11,500, dragged by Reliance Industries, ICICI Bank, ITC, IOC and Tata Motors which fell 2-4 percent. The BSE Sensex closed at 38,276.63, down 323.71 points and Nifty50 fell 100.35 points to 11,497.90. However, Infosys, HUL, L&T, Wipro, ONGC and Titan Company bucked the trend, rising 1-2 percent.
Sensex loses 39K, Nifty trades sideways; Infosys, Cadila Healthcare, PC Jeweller stocks dip
Thu, May 02, 2019
The BSE Sensex 50 points after closing at 38,981, below psychological 39,000 levels. The 50-stock Nifty index went down 23 points to 11,723 while bank Nifty index 56 points after closing at 29,708 levels.
Infosys turns barren campus land into rain forest in Karnataka
Sun, Apr 28, 2019
Global software major Infosys has transformed a barren land into a rain forest in its 360-acre sprawling campus in Karnataka`s port city on the west coast.
Great news for techies, Infosys and TCS are hiring, recruitment jumps by whopping 350 per cent
Wed, Apr 24, 2019
In some excellent news for techies in India, two of the biggest software companies have been on a hiring spree in the fiscal. The major ones, Infosys and TCS have taken on thousands on their rolls. This is very welcome as it comes amid a slowdown in job growth across sectors.
Top entrepreneurs cast their vote for 2nd phase of Lok Sabha polls
Thu, Apr 18, 2019
Apart from celebrities and politicians , Top entrepreneurs has voted for the 2nd phase of Lok Sabha Election.
Wipro Q4 adds to profit, but growth lags Infosys, TCS; Should you buy this Azim Premji led company's stock?
Wed, Apr 17, 2019
Wipro presented its last quarter and fiscal year result for FY19 on Tuesday. The firm bagged consolidated net profit of Rs 2,484 crore in Q4F1Y9, higher by 37.74% compared to profit of Rs 1,808 crore a year ago same period.
Good news for Infosys employees: IT company to provide incentives to staff with digital skills
Mon, Apr 15, 2019
Infosys will roll out an incentive scheme this year for employees equipped with digital skills and will aggressively re-deploy staff on projects offering opportunities to work on new technologies