This was in a month when the benchmark Sensex retreated 3 per cent
Reliance Industries, Infosys, Bharti Airtel, Power Grid and Tata Consultancy Services are some of the stocks mutual funds cashed out of last month
IT services major Infosys on Thursday said it will invest an additional USD 1 million (about Rs 7.2 crore) in ideaForge Technology, a UAV systems manufacturing company.
Last year, Infosys revealed plans to hire 12,000 American workers over the next two years, bringing its hiring commitment in the US to 25,000 over five years
He said the strategy for the companies is to be an active player in every market that they operate and have an articulation of partnership with that country and which reflects its priorities
Companies are going to change their dynamics from a cost and customer perspective in a big way, IT major Infosys President Mohit Joshi said
While the bulk of Infosys's recruitment remains in India -- with 15,000 grads enlisted over the past 12 months -- Infosys is laying the foundation for more hiring abroad at a rapid clip
The founding members include 48 organisations representing 13 industries, with more than 5.5 million employees worldwide and headquarters in three continents
Announcing the coalition during its week-long online Davos Agenda Summit, the WEF said it would work towards improving racial and ethnic justice in the workplace
Infosys Foundation is the philanthropic and CSR arm of Infosys
Margins too surprised positively on higher offshoring and utilisation
Stock market LIVE updates: The Nifty sectoral indices were mixed, with gains in Nifty Pharma and Nifty FMCG indexes, up 0.8% and 0.7%, respectively being offset by losses in Nifty Metal, down 1%
The overall trend of Infosys is optimistic with a rally expected to move in the direction of Rs 1,500 level, as per the weekly chart
In the past one month, Infosys has outperformed the market by surging 16 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex
The government will sell up to 10% stake in SAIL via OFS on January 14-15
Here's a selection of Business Standard opinion pieces for the day
Large deals, digital growth drives outperformance
While double-digit growth in FY22 is a given, near term margins could come under pressure
IT services major Infosys on Wednesday said it will purchase assets and onboard employees of Carter Digital, an Australian experience design agency. "This asset takeover strengthens Infosys' global design and experience offerings, demonstrates its continued commitment in bringing innovative thinking, talent and creativity to its clients, and provides effective global digital solutions," Infosys said in a regulatory filing. Carter brings to Infosys, experts in human centered design, experiential, enhanced digital transformation, customer interaction expertise, and will also cement WONGDOODY (an Infosys brand) into the Australasian market, it added. This is an asset purchase and the transaction is expected to close during the fourth quarter of fiscal 2021, subject to customary closing conditions. Together with Infosys' earlier acquisition of WONGDOODY that offers creative and marketing services, Carter brings complementary capabilities to help global CMOs and businesses thrive in a .
The IT major delivered its highest Q3 sequential growth of 5.3 per cent in 8 years in constant currency