The company said its board recommended a final dividend of Rs 16 per equity share for the financial year ended March 31, 2022
The company does not do any business with Russian clients today and has no plans of doing so going ahead as well, says CEO Salil Parekh
Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period
Infosys is scheduled to announce results today, while HDFC Bank shall be reporting its Q4 numbers on Saturday.
Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.
The collaboration between the two has been reinforced through strategic deals aimed at yielding benefits to both firms over next seven years
The next two quarters, according to analysts at Motilal Oswal Securities, are likely to see a sharp margin impact and corporate commentaries will worsen before they get better
Reliance Industries added Rs 79,188.07 crore in valuation and Infosys gained Rs 9,404.12 crore.
This rise in inflation in the US, according to analysts at Jefferies, is one big factor that will see most IT companies hike wages going ahead
Post demerger, GMR Power and Urban Infra, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards.
With more than 300 digital experts, Oddity is one of the largest independent digital agencies from Germany. For CY21 the company had revenue of Euro 21.6 mn
Overall, India's rank is 120 on the world Sustainable Development Goals (SDG) index with Finland topping the tables
Accenture's order wins, downward revision in Ebit margin, and the evolving Russia-Ukraine conflict need to be closely watched, said analysts
The strong guidance indicates that spending on change programs continues to be robust, a positive for Indian IT.
The IT services companies, who make most of their revenues servicing clients in US tend to benefit from a weaker rupee.
Infosys BPM in Costa Rica currently has a skilled workforce of more than 300 people
The NSE IT index has been moving in a tight range, a breakout in either direcion can trigger a 2,000 points movement.
The nervousness in the IT stocks, analysts believe, is on account of rising employee costs at a time the business growth has been modest year-on-year in the December 2021 quarter (Q3FY22)
Infosys continues to defend the support from past four months; TCS shares have three supportive technical parameters that attract buying and accumulation.
Infosys, Tata Consultancy Services (TCS) and Tanla Platforms from the IT sector hit their respective new highs today.