Page 17 - Infosys
Sensex ends choppy day 25 pts lower; midcaps skid; M&M up 6%, HDFC down 2%
Stock market LIVE updates: India VIX ticked up 4 per cent in the intra-day trade, but ended 2 per cent higher
 "Sensex ends choppy day 25 pts lower; midcaps skid; M&M up 6%, HDFC down 2%")
Stocks to watch: Infosys, Wipro, Airtel, TechM, Tata Motors, Tata Elxsi
Bharti Airtel said it is initiating the process to revise its foreign investment limit to 100 per cent with immediate effect
 "Stocks to watch: Infosys, Wipro, Airtel, TechM, Tata Motors, Tata Elxsi")
Market Ahead, January 13: All you need to know before the opening bell
Infosys, Wipro, Amtek Auto, GTPL Hathaway and six other firms are slated to release their Q3 numbers today
 "Market Ahead, January 13: All you need to know before the opening bell")
Infosys Q3 preview: Large deals, acquisitions to drive PAT by up to 16% YoY
Analysts say the company may revise its FY21 revenue guidance upwards
 "Infosys Q3 preview: Large deals, acquisitions to drive PAT by up to 16% YoY")
IT stocks rally post TCS Q3 results; Nifty IT index scales record high
Infosys, Wipro, MphasiS and HCL Technologies from the Nifty IT index were up between 2 per cent and 3 per cent
 "IT stocks rally post TCS Q3 results; Nifty IT index scales record high")
TCS, Infosys: Positive Q3 results may trigger next leg of rally in IT stks
In a departure from past trend, analysts believe that Indian IT companies may post a strong performance for the third quarter of FY21 (Q3FY21)
 "TCS, Infosys: Positive Q3 results may trigger next leg of rally in IT stks")
IT Q3 preview: Large deal wins to drive earnings but margins may take a hit
Brokerages expect large-cap IT firms to report revenue growth in the range of 2-3 per cent in constant currency (cc) terms
 "IT Q3 preview: Large deal wins to drive earnings but margins may take a hit")
IT shares in demand ahead of Q3 results; TCS, Infy, HCL Tech hit new highs
Analysts at Motilal Oswal said the multiple mega deal wins in Cloud and Captive should add incremental growth to the sector's already buoyant organic growth momentum
Stocks to watch: Tata Steel, Adani Green, Vedanta, Infosys, United Spirits
Shareholders of Union Bank of India approved the bank's proposal for raising up to Rs 6,800 crore equity capital to fund business growth
 "Stocks to watch: Tata Steel, Adani Green, Vedanta, Infosys, United Spirits")
Large IT outsourcing contracts back on the market as clients optimise cost
In the past 10 months, large Indian IT services firms had signed a number of major outsourcing projects involving millions of dollars.
 "Large IT outsourcing contracts back on the market as clients optimise cost")
On the road to recovery: Marquee companies raise advance tax payment
Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table
 "On the road to recovery: Marquee companies raise advance tax payment")
Gains in IT stocks, Brexit agreement hope push markets further up
The gains in the indices were led by IT majors Infosys and TCS
 "Gains in IT stocks, Brexit agreement hope push markets further up")
Infosys shares gain nearly 3% after Daimler deal for IT infrastructure
Shares of Infosys closed with nearly 3% gains on Wednesday after the company said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation.
 "Infosys shares gain nearly 3% after Daimler deal for IT infrastructure")
IT shares extend rally; TCS, Infosys, HCL Tech, Tech Mahindra hit new highs
The large deal wins for both Infosys and Wipro reinforces positive stance on the IT Services industry, analysts at Motilal Oswal said
IT shares gain up to 6%; Nifty IT, Infosys scale fresh record highs
Infosys, HCL Technologies, Tech Mahindra, Larsen & Toubro Infotech, Coforge and Mindtree were up in the range of 3 per cent to 6 per cent on the NSE
 "IT shares gain up to 6%; Nifty IT, Infosys scale fresh record highs")
Market value of 8 of 10 most valued firms zooms Rs 1.25 trillion
HDFC, TCS, and Bajaj Finance emerged as the biggest gainers
 "Market value of 8 of 10 most valued firms zooms Rs 1.25 trillion")
Infosys divests partial stake in US-based Whoop for about $10 million
IT services major Infosys on Friday said it has divested one-third of its holding in US-based Whoop for about USD 10 million (about Rs 73.5 crore). In 2015, Infosys had announced making a USD 3 million investment in US-based wearable device startup Whoop for a minority shareholding in the company. "The company had made a minority investment of USD 3 million during December 2015 in Whoop Inc, the human performance company headquartered in Boston, USA. ...The company would like to inform that it has divested one-third of its holding for about USD 10 million," Infosys said in a filing on Friday.
 "Infosys divests partial stake in US-based Whoop for about $10 million")
Nifty IT index, Infosys, TCS at record high; charts signal more upside
Edelweiss Securities says that the robust tech up-cycle would benefit firms like HCL Technologies, Infosys, TCS, and Tech Mahindra
 "Nifty IT index, Infosys, TCS at record high; charts signal more upside")
IT shares gain on Accenture's strong performance; Infosys, TCS hit new high
Nifty IT index hit a record high of 23,408, up 2% on the NSE
 "IT shares gain on Accenture's strong performance; Infosys, TCS hit new high")
Infosys open to work with stakeholders for vaccine management solution
The company isn't trying to scale the solution commercially, is only showcasing it to various jurisdictions. Will be happy to help anyone who sees value in it
