Revenue grows 86%; firm revises revenue and margin guidance upward
Hike will be effective from January 1 next year, quantum to be similar like last year
India's second-largest IT services firm Infosys on Wednesday said it will roll out salary hikes and promotions across all levels effective January 1
'New era' for IT companies as they do better than other sectors in the coronavirus pandemic.
From InfosysQ2 net profit beating estimates, SC asking govt to prepare an action plan on compound interest waiver by Nov 2, Business Standard brings you top news of the evening
On a sequential basis, profit grew 14.45 per cent.
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Edelweiss Securities expects revenue to grow 3.9 per cent QoQ in constant currency terms and 5.4 per cent QoQ in US dollar terms.
Analysts expect Infosys to raise its FY21 guidance to 1-3 per cent growth from 0-2 per cent
IT services major Infosys on Monday said it has completed the acquisition of US-based product design and development firm Kaleidoscope Innovation.
This acquisition deepens Infosys' capabilities in the Adobe, Magento, Salesforce Commerce and Shopify ecosystems
The Aadhaar architect pointed out that Canada is a great centre for artificial intelligence (AI) and University of Toronto and Montreal are big centres for the new-age technology
Buyback tax provision and steep valuations may deter companies still playing safe in the coronavirus pandemic, say analysts
According to ICICI Securities, Tier-1 IT companies will see revenue growth in the range of 1- 3.5 per cent in constant currency terms on a sequential basis.
Infosys said it has completed the acquisition of GuideVision, an enterprise service management consultancy specialised in offering strategic advisory, consulting, etc on the ServiceNow platform
The top four Indian IT firms have cash reserves of nearly $15 billion
The IT index outperformed the market in the April-June (Q1FY21) quarter
The firm believes the strategy it has put in place and investments it has made in the past couple of years will help it achieve the target sooner than later
The better-than-expected performance in the outsourcing business has indicated the recovery of revenue growth for Indian IT firms too, and may happen sooner than expected
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