Page 21 - Infosys
Infosys extends support for GovHack 2020 in Australia, New Zealand
IT major Infosys on Friday announced extention of its support for GovHack 2020 in Australia and New Zealand
 "Infosys extends support for GovHack 2020 in Australia, New Zealand")
Nasscom welcomes H1B, L1 visa relaxations; remains 'cautiously optimistic'
"We believe this is a step in the right direction and encourages the implementing agencies to ensure that US businesses' access to critical talent is not hampered," Nasscom said
 "Nasscom welcomes H1B, L1 visa relaxations; remains 'cautiously optimistic'")
GDP growth might hit the lowest since 1947, warns N R Narayan Murthy
He also pitched for developing a new system that should allow every player in every sector of the country's economy to operate at full steam with suitable precautions
 "GDP growth might hit the lowest since 1947, warns N R Narayan Murthy")
Rising SaaS adoption to ensure global sway of IT services firms
The final part of the series looks at how Indian firms compete with global peers
 "Rising SaaS adoption to ensure global sway of IT services firms")
LIC's portfolio up 34% in FY21 at Rs 5.79 trn; RIL, Infy top contributors
The study is based on 351 companies' data from Capitaline Plus, where LIC held over 1 percentage point stake in the June quarter. These companies accounted 72% of total m-cap of BSE-listed companies
 "LIC's portfolio up 34% in FY21 at Rs 5.79 trn; RIL, Infy top contributors")
TCS, Infosys, and Dr Reddy's shares hit fresh record highs
Dr Reddy's rallied 5 per cent to Rs 4,524 today, surging 12 per cent in the past two trading days after the company reported a strong operational performance in Q1FY21.
 "TCS, Infosys, and Dr Reddy's shares hit fresh record highs")
Stock calls by Nilesh Jain of Anand Rathi: Sell Tata Motors, Bajaj Finserv
Tata Motors' stock has provided breakdown from a head and shoulder pattern on the daily chart
 "Stock calls by Nilesh Jain of Anand Rathi: Sell Tata Motors, Bajaj Finserv")
Cash-rich Indian IT services companies go aggressive in M&A space
As capital allocation is altered, dividend payout to dip in the ongoing financial year
 "Cash-rich Indian IT services companies go aggressive in M&A space")
Consolidated Edison selects Infosys to digitally transform customer service
It will also enable Con Edison to keep pace with regulatory and technology changes, become technologically nimble, mitigate risks, and become cost effective
Nifty IT index hits record high; Infosys, TCS, HCL Tech gain over 2%
Thus far in the month of July, the Nifty IT index has outperformed the market by surging 19 per cent as against Nifty 50 index which was up 8.25 per cent during the same period
 "Nifty IT index hits record high; Infosys, TCS, HCL Tech gain over 2%")
SD Shibulal's family sells 8.5 million Infosys shares worth over Rs 777 cr
The sale was executed by Citigroup Global Markets India Private Limited as the sole broker
 "SD Shibulal's family sells 8.5 million Infosys shares worth over Rs 777 cr")
Covid-19 impact: IT bigwigs likely to speed up client staff absorption
Experts are of the opinion that this trend is likely to accelerate in the coming quarters owing to vendor consolidation.
 "Covid-19 impact: IT bigwigs likely to speed up client staff absorption")
Expert committee invites public comments on Non-Personal Data framework
Kris Gopalakrishnan-led panel shares insights of regulatory aspects of NPD, harnessing economic value of data and various legal aspects related to digital regulatory framework
 "Expert committee invites public comments on Non-Personal Data framework")
Infosys forms consortium to offer training, help job seekers in US
The consortium will leverage Infosys Wingspan and pymetrics' AI-based talent-matching platform to meet reskilling and employment needs raised by the Covid-19 crisis in America
 "Infosys forms consortium to offer training, help job seekers in US")
From TCS to Wipro, top IT firms' headcount drops first time in a decade
The data compiled by the BS Research Bureau shows that never before have all four firms seen a fall in staff count, at least not for a decade, despite several business cycles.
 "From TCS to Wipro, top IT firms' headcount drops first time in a decade")
Infosys signs pact with Germany's LANXESS for ultra-modern workplace
The workforce of LANXESS would be supported by a multilingual artificial intelligence-powered service desk operating from Europe and India, Infosys said
End of an era at HCL Tech: Nadar challenged global giants at their own game
He was the last founder chairman in the Indian IT services industry to step down.
 "End of an era at HCL Tech: Nadar challenged global giants at their own game")
Is the worst over for IT? Q1 earnings of firms send out growth feelers
Pandemic impact bottomed out in Q1, second half likely to see better growth
 "Is the worst over for IT? Q1 earnings of firms send out growth feelers")
Wipro charters flights to bring back hundreds of staff, kin from US
The company is undertaking similar steps for its employees in the UK and Australia
 "Wipro charters flights to bring back hundreds of staff, kin from US")
Infosys soars 10% after Q1 showing; Sensex ends 419 points higher
M&M, Nestle India, IndusInd Bank, Kotak Bank, HCL Tech, Bajaj Finance and Axis Bank were the other gainers, spurting up to 3.81 per cent
