Page 22 - Infosys

MARKET WRAP: Sensex up 420 pts as Infosys rallies 10%, Nifty ends at 10,740

All that happened in the markets today

Infosys hits record high on strong Q1 nos; analysts see up to 30% upside

Infosys' profit before tax (PBT) stood at Rs 5,792 crore, up 12 per cent year-on-year (YoY).

Infosys ripe for re-rating after strong performance in June quarter

While the company's revenue grew by 8.5 per cent year-on-year to Rs 23,665 crore, its profit before tax (pre-tax profit) was up by 12.1 per cent year-on-year

Infosys beats street estimates; PBT rises 12% to Rs 5,792 crore in Q1

Becomes first domestic company to provide revenue and profitability guidance, indicating confidence of better days ahead

Infosys posts 11.4% YoY rise in Q1 net at Rs 4,233 crore; beats estimates

Infosys' revenue for the quarter under review stood at Rs 23,665 crore, up 8.5 per cent YoY.

Sensex slips 758 pts from day's high, ends 19 pts up; RIL dips 4% post AGM

Catch all the live market updates here

Infosys, HCL Tech, L&T Infotech, Granules, Laurus Labs hit record highs

Reliance Industries, Larsen & Toubro Infotech and Dr Lal Pathlabs from S&P BSE500 index hit record highs today.

Nifty IT index jumps 4%; Infosys gains 3% ahead of June quarter results

In its result announcement on Tuesday, Wipro said some of its verticals have started witnessing green shoots.

Vanguard inks partnership with Infosys, to transfer 1,300 employees

All Vanguard staff currently performing relevant roles will be offered comparable positions at Infosys in close proximity to Vanguard's offices in Malvern, Charlotte, and Scottsdale

Infosys Q1 preview: Revenue may dip 4%; magnitude of pricing pressure eyed

The fall in EBIT margin could be limited due to the benefit from rupee depreciation, cut in travel costs, and optimisation on variable costs, according to analysts.

Sensex ends 99 pts up on buying in RIL, IT stks; Nifty closes above 10,800

All that happened in the markets today

Capgemini bucks trend, rolls out wage hikes, promotions amid Covid crisis

Performance review likely to see some retrenchments

Infosys to gain as clients look to consolidate vendor base: Nandan Nilekani

Speaking on the learnings from the pandemic, Nilekani said, organisations would emerge more agile and resilient from the crisis

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

Covid-19 crisis: Infosys charters a flight to get back staff stuck in US

Plans to deploy more such planes to bring back other employees

Indian IT firms may report 5-9% contraction in revenues for June quarter

Hospitality and travel, as well as manufacturing and retail, are the segments likely to see maximum hit

IT shares extend gain; Infosys rallies 9%, TCS surges 7% in one week

TCS on Tuesday said its board will meet on July 9 to approve the financial results for the June quarter.

Indian IT services firms relying less on visas as approval rates nosedive

According to the US Citizenship and Immigration Services data, the share of Indian companies among the top 10 visa recipients has dropped from 51 per cent to 24 per cent during the 2016-19 period.

India-China border dispute: Tech firms at risk of losing Huawei link

Among the Indian IT companies, top-tier firms such as TCS, Infosys, Wipro and Tech Mahindra are learnt to be service providers for Huawei.

Infosys launches personalised medicine solution for pharmaceutical cos

The solution uses advanced analytics to manage individual patient treatment lifecycle from enrolment and scheduling to post medical treatments and can notably reduce patient treatment lifecycle