Page 26 - Infosys

Clean chit for Infosys from US SEC on whistleblower case, stocks gain 16%

In an exchange filing, the company said that the US regulator has concluded the investigation

Whistleblower case: SEC concludes probe; no action expected, says Infosys

In October last year, Infosys had informed stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management

Coronavirus scare: IT services firms draw business exigency plans

With uncertainties around growth outlook, most companies are likely to go slow on their payback plans to shareholders

Scrap LTCG, tax on buybacks, dividends: What Street wants amid market gloom

Mohandas Pai, former CEO and board member at Infosys, made a pitch for removing the tax on share buybacks

How coronavirus is turning Bengaluru technology hub into a ghost town

The bustling campuses of IT majors like Infosys and Wipro are deserted as thousands of their techies are missing in action since Monday

Mindtree, Tech Mahindra: IT stocks that should be on your watchlist

Mindtree will see an upside bias once it breaks out above Rs 920 levels

Investor wealth tumbles Rs 9.74 trillion in two days as markets plunge

In two days, investors have lost Rs 9,74,176.71 crore wealth. At close of trade on Tuesday, the market capitalisation of BSE-listed companies was at Rs 1,19,52,066.11 crore.

Market Wrap, March 17: Sensex slips 811 pts, Nifty ends at 3-yr low

ICICI Bank (down 9 per cent) being the biggest loser and Hindustan Unilever (HUL) -- up around 3.5 per cent -- the biggest gainer

Infosys evacuates Bengaluru building amid COVID-19 scare among employees

This was following reports of its employee coming in contact with a suspected coronavirus patient

Coronavirus impact: Infosys revenue growth likely to decline in FY21

However, the IT services firm is better-placed to handle the slowdown arising from COVID-19.

FinMin flags 17 'areas of dissatisfaction' with Infosys-designed GSTN

Infosys, which in 2015 won the contract for managing backend for GST Network (GSTN), has drawn flak from the ministry over the tech glitches, some of them have been unresolved for almost two years.

HCL Technologies, Tech Mahindra may withstand coronavirus impact

Impact likely to be higher for Infosys and TCS who have higher dependency on discretionary spend, say experts

GST portal glitches to dominate agenda of Council meeting on Saturday

States may ask Infosys to have a point of contact; IT firm chairman Nilekani to a presentation on Saturday

Govt gives Infosys 15 days to submit plan to quickly fix glitches in GSTN

It was also decided to ask Infosys Chairman Nandan Nilekani to make an urgent presentation before the GST Council on March 14

Three Infosys employees with I-T dept held for taking bribes from taxpayers

The police suspected the trio might have made about Rs 15 lakh so far as commission from taxpayers

Make GSTN portal efficient for tax payers: Finance ministry to Infosys

The ministry told Infosys it was the company's responsibility to deliver satisfactory performance of the portal and it should meet expectations of the tax payers

Mid-tier IT companies may do better than larger peers, say analysts

The ability to forge partnerships with large technology firms in niche areas and strong leadership are seen as the factors behind these optimistic projections

Infosys pays Rs 6 lakh in fees to settle ex-CFO severance payment row

Generally, compoundable offences are those which can be settled by paying certain amount of money

Infosys' Finacle platform sees demand as banks move their data to cloud

Finacle, which is the flagship core banking system (CBS) from Infosys' stable, had started providing services in the cloud environment in 2016

What is Stop-loss and how you can use it to limit losses in trading?

Simply put, a stop-loss is designed to limit an investor's loss on a stock. Setting a stop-loss order for 15 per cent below the price at which you bought the stock will limit your loss to 15 per cent.