Infosys is scheduled to announce results today, while HDFC Bank shall be reporting its Q4 numbers on Saturday.
Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.
FinMin suggests it boosts pre-filled data, rolls out new payment system
Rishi Sunak is seeking a formal review into whether he properly declared his financial interests
Why India must create new programming languages …
Stock markets will be closed on Thursday for Mahavir Jayanti and Dr Babasaheb Ambedkar Jayanti, as well as on Friday on account of Good Friday
Murthy is the daughter of Indian billionaire, Infosys Ltd. co-founder Narayana Murthy, and she owns 0.93% of the company's shares, according to Bloomberg data.
The collaboration between the two has been reinforced through strategic deals aimed at yielding benefits to both firms over next seven years
Analysts believe top-line growth will be driven by broad-based demand
Sources said that Infosys is transitioning services from Russia to other global delivery centres but did not elaborate on any details
Sunak who is married to Murthy's daughter Akshata, was speaking in reference to recent attacks on his wife and her family over the continued presence of Infosys in Moscow amid Russia-Ukraine conflict
Reliance Industries added Rs 79,188.07 crore in valuation and Infosys gained Rs 9,404.12 crore.
Sunak's wife, Akshata Murthy, has a stake worth hundreds of millions in Infosys, founded by her billionaire father Narayana Murthy
The company has committed $1 million towards relief efforts for war victims from Ukraine
Need to get the Indian IT services involved in digitisation work
The UK Chancellor said he had "nothing to do" with Infosys, in which his wife Akshata Murthy holds shares
The Indian-origin finance minister who is the son-in-law of Infosys co-founder Narayana Murthy was asked on air if his advice to businesses was not being followed within his own home
CLOSING BELL: HDFC, Bharti Airtel, Cipla, Britannia, Sun Pharma, Maruti, and Bajaj Auto were the major drags today
Post demerger, GMR Power and Urban Infra, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards.
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