Infosys

Jeff Bezos' Prediction About India Rests Squarely On Us: Narayana Murthy

India News | Indo-Asian News Service | Wednesday January 15, 2020

Praising Amazon CEO Jeff Bezos for his comment that 21st century will be India's century, software major Infosys founder Narayana Murthy on Wednesday said the responsibility of making that prediction come true rests squarely on our shoulders.

"Not Used To Delays," Says Narayana Murthy At Event, Jeff Bezos Present

India News | Indo-Asian News Service | Wednesday January 15, 2020

Infosys founder NR Narayana Murthy on Wednesday could not hide his displeasure at the delay in kicking off the Amazon "Smbhav" summit, saying he is not used to such delays.

From 2014 To 2020, Stark Difference As Jeff Bezos Begins India Visit

Business | Saritha Rai, Bloomberg | Thursday January 16, 2020

India's e-commerce market is projected to grow to $150 billion by 2022, according to a 2018 report by software industry group Nasscom and consulting firm PwC India. Competition for this rapidly expanding sector is intensifying as Asia's richest man, Mukesh Ambani, prepares to go live with JioMart, an online shopping platform challenging Amazon and ...

"An India Where An Immigrant Can...": Satya Nadella Amid Citizenship Row

India News | Edited by Jimmy Jacob | Tuesday January 14, 2020

Microsoft Chief Executive Officer (CEO) Satya Nadella said on Monday he was saddened by "what is happening", amid protests across the country over the new Citizenship (Amendment) Act (CAA). "I think what is happening is sad... It's just bad...I would love to see a Bangladeshi immigrant who comes to India and creates the next unicorn in India or bec...

Infosys Profit Beat Powers Sensex, Nifty To Close At Record Highs

Business | Written by Abhishek Vasudev | Monday January 13, 2020

The S&P BSE Sensex and NSE Nifty 50 indexes closed at record highs on Monday powered by surge in Infosys which rose after beating profit estimates in December quarter.

Infosys Zooms After Posting Stellar Q3 Numbers, Clean Chit To Top Brass

Business | Edited by Peter Noronha | Monday January 13, 2020

The Bengaluru-based IT services company also raised its revenue guidance in constant currency terms for the ongoing financial year to range of 10-10.5 per cent from 9-10 per cent guided earlier. The results were declared after market hours on Friday.

Sensex Jumps 300 Points As Markets Scale New All-Time Highs: 10 Things To Know

Business | Written by Sandeep Singh | Monday January 13, 2020

Domestic stock markets scaled new peaks on Monday tracking gains in Asian peers, where equities held hear 19-month highs. The S&P BSE Sensex index rose 299.91 points to an all-time high of 41,899.63 during the session, and the broader NSE Nifty benchmark moved to a record 12,337.75, up 80.95 points from the previous close. Gains across most sectors...

Sensex, Nifty Likely To Open Higher Today

Business | Edited by Sandeep Singh (with inputs from Reuters) | Monday January 13, 2020

The S&P BSE Sensex index had ended 147.37 points - or 0.36 per cent - higher at 41,599.72 on Friday, and the broader NSE Nifty benchmark settled at 12,256.80, up 40.90 points - or 0.33 per cent - from the previous close.

India Inc's Kiran Shaw And Mohandas Pai Swap Tweets On Deepika Padukone

India News | Edited by Anindita Sanyal | Monday January 13, 2020

Former Infosys director Mohandas Pai and Biocon chief Kiran Mazumdar Shaw sparred on Twitter on Sundayover actor Deepika Padukone's visit to Jawaharlal Nehru University to show silent support with the assaulted students.

Infosys Profit At Rs 4,457 Crore In December Quarter, Beats Estimates

Business | Edited By Abhishek Vasudev | Friday January 10, 2020

Infosys' revenue jumped 2 per cent to Rs 23,092 crore compared with Rs 22,629 crore in the previous quarter.

Infosys Audit Committee Finds No Evidence of Financial Impropriety

Business | Edited By Abhishek Vasudev | Friday January 10, 2020

"The Audit Committee conducted a thorough investigation with the assistance of independent legal counsel Shardul Amarchand Mangaldas & Co. and PricewaterhouseCoopers Private Ltd. The findings of the investigation were adopted by the board of directors of the Company. The Audit Committee concluded that no restatement of previously announced financia...

Nifty Fails To Sustain Record High, Closes At 12,257; Sensex Rises 147 Points

Business | Edited by Peter Noronha | Friday January 10, 2020

The gains have however been muted compared to the tear-away rally witnessed in the previous session. The Sensex had galloped by as much as 634.61 points or 1.55 per cent and the Nifty had raced ahead by 190.55 points or 1.58 per cent on Thursday.

Sensex Hovers At 41,500, Nifty Off Record Highs; Banking Stocks Drag

Business | Edited by Peter Noronha | Friday January 10, 2020

At 2.30 pm, the BSE Sensex had shaved off 270 points from its intra-day highs of 41,775 to trade at 41,505, higher by 45 points or 0.1 per cent, and the Nifty was quoting at 12,226, up 10 points, after touching a life-time high of 12,311. The broader markets were outperforming the benchmark indices, with the BSE midcap and Smallcap indices adding 0...

Nifty Scales All-Time High At 12,301, Sensex Climbs 300 Points; Metals, Pharma Stocks Lead Gains

Business | Edited by Peter Noronha | Friday January 10, 2020

U.S. President Donald Trump had refrained from ordering military action and Iran's foreign minister said the missile strikes on Iraqi bases housing the U.S. forces had "concluded". Optimism surrounding the US-China trade deal also added to the positive sentiment on Wall Street.

What Nobel Laureate Amartya Sen Said On Citizenship Law

India News | Press Trust of India | Thursday January 9, 2020

Nobel laureate Amartya Sen on said the Citizenship (Amendment) Act, or CAA, violates constitutional provisions. "The CAA law that has been passed in my judgment should be turned down by the Supreme Court on the grounds of it being unconstitutional because you cannot have certain types of fundamental human rights linking citizenship with religious d...