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Rishi Sunak Faces Conflict Of Interest Questions Over India-UK Trade Deal. Here's Why
British Prime Minister Rishi Sunak could face some transparency questions related to wife Akshata Murty's Infosys shares, worth an estimated 500 million pounds, in a proposed free trade agreement (FTA) with India, according to a media report.
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Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
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Infosys Shares Recover After Declining In Morning Trade
Infosys on Thursday reported a better-than-expected 13.4 per cent rise in profit in the December quarter and raised its annual sales forecast on a strong deal pipeline even as it warned of "constraints" in certain verticals.
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Infosys Q3 Profit Rises By $808 Million, Beats Estimates
Infosys reported a quarterly profit that beat estimates today, helped by a strong deal pipeline despite a challenging macro environment.
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Infosys to Acquire Denmark-Based BASE Life Science for EUR 10 Million to Strengthen Footprint in Europe
Infosys on Wednesday said it will acquire Denmark-based BASE life science for EUR 110 million (nearly Rs. 900 crore) in an all-cash deal. The acquisition will deepen Infosys' expertise in life sciences domain as well as strengthen its footprint across Europe.
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IT Department Says Taxpayers Facing Issues Accessing E-Filing Portal, Infosys Taking ‘Proactive Measures’
The Income Tax Department announced on Saturday that taxpayers were facing issues with accessing the ITD e-filing portal, and that IT firm Infosys was taking “proactive measures” to deal with the irregular traffic on the portal. The new e-filing portal has faced intermittent issues since it was launched in June 2021, as professionals and taxpay...
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Infosys Flags "Irregular Traffic" On Income Tax Returns Website
The Income Tax department on Saturday said software provider Infosys is taking "proactive measures" to deal with the 'irregular traffic' as taxpayers face issues in accessing the e-filing portal.
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Infosys to Move Business Out of Russia Over Ukraine Invasion
Software services firm Infosys has announced that it'll move its business out of Russia over the invasion of Ukraine.
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Infosys To Acquire Germany-Based Oddity For $50 Million In All Cash Deal
Infosys will acquire Oddity, Germany-based digital marketing, experience, and commerce agency, in an all-cash deal for $50 million (about Rs 380 crore), the company said on Tuesday.
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Sensex Surges Over 500 Points Ahead Of Budget, Nifty Above 17,500; ICICI Bank, Infosys Among Top Gainers
The Indian equity benchmarks on Tuesday traded higher in opening deals led by gains in banking and information technology stocks with the Union Budget 2022-23 presentation in focus.
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TCS, Infosys, Wipro To Post Q3 Numbers Today: Key Things To Know
India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...
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Infosys Profit Rises To Rs 5,421 Crore In Q2, Revenue Guidance Raised On Higher Demand
Infosys announced its July-September quarter results for the financial year 2021-22 on Wednesday, October 13, reporting a net profit of Rs 5,421 crore, up 11.88 per cent year-on-year, on a consolidated basis. The country's second-largest information technology (IT) services provider by market value, raised its annual revenue guidance as pandemic-le...
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Infosys Profit Rises In June Quarter Led By Large Deals From Businesses: Key Highlights
Infosys announced its April-June quarter results for the financial year 2021-22 on Wednesday, July 14, reporting a net profit of Rs 5,195 crore, up 22.7 per cent year-on-year, on a consolidated basis. The net profit of the country's second-largest information technology (IT) services provider by market value increased in the quarter driven by secur...
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Infosys Co-Founder S D Shibulal Hikes His Stake, Buys Shares Worth Rs 100 Crore
S D Shibulal bought 7,58,755 shares of the company amounting to Rs 100 crore in a block deal transaction from Kumari Shibulal.
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Infosys Inks Deal With European Soft-Drink Maker Britvic, Stock Edges Lower
As Britvic's strategic partner, Infosys will provide end-to-end IT services and deliver a technology-driven approach to fulfill Britvic's business goals and strategic digital transformation roadmap
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Rishi Sunak Faces Conflict Of Interest Questions Over India-UK Trade Deal. Here's Why
British Prime Minister Rishi Sunak could face some transparency questions related to wife Akshata Murty's Infosys shares, worth an estimated 500 million pounds, in a proposed free trade agreement (FTA) with India, according to a media report.
-
Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
-
Infosys Shares Recover After Declining In Morning Trade
Infosys on Thursday reported a better-than-expected 13.4 per cent rise in profit in the December quarter and raised its annual sales forecast on a strong deal pipeline even as it warned of "constraints" in certain verticals.
-
Infosys Q3 Profit Rises By $808 Million, Beats Estimates
Infosys reported a quarterly profit that beat estimates today, helped by a strong deal pipeline despite a challenging macro environment.
-
Infosys to Acquire Denmark-Based BASE Life Science for EUR 10 Million to Strengthen Footprint in Europe
Infosys on Wednesday said it will acquire Denmark-based BASE life science for EUR 110 million (nearly Rs. 900 crore) in an all-cash deal. The acquisition will deepen Infosys' expertise in life sciences domain as well as strengthen its footprint across Europe.
-
IT Department Says Taxpayers Facing Issues Accessing E-Filing Portal, Infosys Taking ‘Proactive Measures’
The Income Tax Department announced on Saturday that taxpayers were facing issues with accessing the ITD e-filing portal, and that IT firm Infosys was taking “proactive measures” to deal with the irregular traffic on the portal. The new e-filing portal has faced intermittent issues since it was launched in June 2021, as professionals and taxpay...
-
Infosys Flags "Irregular Traffic" On Income Tax Returns Website
The Income Tax department on Saturday said software provider Infosys is taking "proactive measures" to deal with the 'irregular traffic' as taxpayers face issues in accessing the e-filing portal.
-
Infosys to Move Business Out of Russia Over Ukraine Invasion
Software services firm Infosys has announced that it'll move its business out of Russia over the invasion of Ukraine.
-
Infosys To Acquire Germany-Based Oddity For $50 Million In All Cash Deal
Infosys will acquire Oddity, Germany-based digital marketing, experience, and commerce agency, in an all-cash deal for $50 million (about Rs 380 crore), the company said on Tuesday.
-
Sensex Surges Over 500 Points Ahead Of Budget, Nifty Above 17,500; ICICI Bank, Infosys Among Top Gainers
The Indian equity benchmarks on Tuesday traded higher in opening deals led by gains in banking and information technology stocks with the Union Budget 2022-23 presentation in focus.
-
TCS, Infosys, Wipro To Post Q3 Numbers Today: Key Things To Know
India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...
-
Infosys Profit Rises To Rs 5,421 Crore In Q2, Revenue Guidance Raised On Higher Demand
Infosys announced its July-September quarter results for the financial year 2021-22 on Wednesday, October 13, reporting a net profit of Rs 5,421 crore, up 11.88 per cent year-on-year, on a consolidated basis. The country's second-largest information technology (IT) services provider by market value, raised its annual revenue guidance as pandemic-le...
-
Infosys Profit Rises In June Quarter Led By Large Deals From Businesses: Key Highlights
Infosys announced its April-June quarter results for the financial year 2021-22 on Wednesday, July 14, reporting a net profit of Rs 5,195 crore, up 22.7 per cent year-on-year, on a consolidated basis. The net profit of the country's second-largest information technology (IT) services provider by market value increased in the quarter driven by secur...
-
Infosys Co-Founder S D Shibulal Hikes His Stake, Buys Shares Worth Rs 100 Crore
S D Shibulal bought 7,58,755 shares of the company amounting to Rs 100 crore in a block deal transaction from Kumari Shibulal.
-
Infosys Inks Deal With European Soft-Drink Maker Britvic, Stock Edges Lower
As Britvic's strategic partner, Infosys will provide end-to-end IT services and deliver a technology-driven approach to fulfill Britvic's business goals and strategic digital transformation roadmap
