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Infosys Posts 7% Increase In Q1 Net Profit At Rs 6,386 Crore
Infosys today reported 7.1 per cent increase in net profit at Rs 6,368 crore for the April-June quarter of the current financial year compared to the same period of 2023-24.
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Infosys Profit Jumps 30% To Rs 7,969 Crore In Fourth Quarter
IT company Infosys today said its consolidated profit jumped 30 per cent to Rs 7,969 crore in the fourth quarter ended March 2024.
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IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
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Tech Stocks Drag Indian Shares Lower; Infosys Hits 8-Month Low
Indian shares touched three-week lows on Monday, hammered by losses in IT stocks after Infosys crashed 9% on missing March-quarter profit estimates, while inflation concerns globally also weighed on investors' sentiment.
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Top Stocks That Should Be On Your Radar Today - SBI, PNB, Airtel, Infosys, IndiGo
If the Nifty50 continues to trade in the range of 10,480-10,300, traders should follow a stock-centric approach, say experts.
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Infosys To Open Tech Hub In US, Create 1,000 Jobs
Infosys has inaugurated its first technology and innovation hub in Indianapolis, Indiana.
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Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
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Infosys Says Not Named In FIR In Income Tax Fraud Case
According to a report, some income tax officials and a few staffers of Infosys filed revised tax returns using forged documents in the names of 250 taxpayers and claimed refunds illegally.
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TCS, Infosys, HCL Tech Shares Jump After Cognizant Results, Forecast
Cognizant Technology Solutions fourth-quarter profit and revenue beat analysts' estimates and the IT services firm gave an upbeat forecast.
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Nifty Settles Past 11,000 For First Time, Sensex Hits 36,000: 10 Points
BSE Sensex closed 342 points, 0.96% higher, to close at 36,140 points. Nifty closed 1.07% higher, to close at 11,084 points. Higher global markets and optimism about India Inc's third-quarter earnings and economic recovery lifted domestic market sentiment. Adding to the market cheer, the International Monetary Fund (IMF) on Monday revised up its fo...
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GST Rate Changed For 29 Goods, 53 Categories Of Services
The GST Council in its 25th meeting also considered simplification of return filing process, the finance minister said.
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TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
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Sensex Conquers 35,000, Nifty Hits 10,800 As Records Tumble: 10 Points
Continuing its record-breaking spree in the New Year, the Sensex hit the 35,000 milestone today. The benchmark index surged 310 points to close at 35,081. Another benchmark index Nifty hit 10,800 today, before closing at 10,788, up 88 points. Apart from a global market rally, optimism about acceleration in corporate earnings growth and economic gro...
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Why Infosys, TCS, HCL Tech, Tech Mahindra Shares Have Rallied To 1-Year Highs
The momentum in IT stocks come in the wake of weakness in the rupee as well as bets by investors that global IT spending will pick up this year, benefitting the Indian outsourcers.
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Infosys Q3 Net Profit Jumps 38% To Rs 5,129 Crore On Tax Reversal
In the December quarter, Infosys posted revenue of Rs 17,794 crore while operating margin improved to 24.3 per cent.
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Infosys Posts 7% Increase In Q1 Net Profit At Rs 6,386 Crore
Infosys today reported 7.1 per cent increase in net profit at Rs 6,368 crore for the April-June quarter of the current financial year compared to the same period of 2023-24.
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Infosys Profit Jumps 30% To Rs 7,969 Crore In Fourth Quarter
IT company Infosys today said its consolidated profit jumped 30 per cent to Rs 7,969 crore in the fourth quarter ended March 2024.
-
IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
-
Tech Stocks Drag Indian Shares Lower; Infosys Hits 8-Month Low
Indian shares touched three-week lows on Monday, hammered by losses in IT stocks after Infosys crashed 9% on missing March-quarter profit estimates, while inflation concerns globally also weighed on investors' sentiment.
-
Top Stocks That Should Be On Your Radar Today - SBI, PNB, Airtel, Infosys, IndiGo
If the Nifty50 continues to trade in the range of 10,480-10,300, traders should follow a stock-centric approach, say experts.
-
Infosys To Open Tech Hub In US, Create 1,000 Jobs
Infosys has inaugurated its first technology and innovation hub in Indianapolis, Indiana.
-
Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
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Infosys Says Not Named In FIR In Income Tax Fraud Case
According to a report, some income tax officials and a few staffers of Infosys filed revised tax returns using forged documents in the names of 250 taxpayers and claimed refunds illegally.
-
TCS, Infosys, HCL Tech Shares Jump After Cognizant Results, Forecast
Cognizant Technology Solutions fourth-quarter profit and revenue beat analysts' estimates and the IT services firm gave an upbeat forecast.
-
Nifty Settles Past 11,000 For First Time, Sensex Hits 36,000: 10 Points
BSE Sensex closed 342 points, 0.96% higher, to close at 36,140 points. Nifty closed 1.07% higher, to close at 11,084 points. Higher global markets and optimism about India Inc's third-quarter earnings and economic recovery lifted domestic market sentiment. Adding to the market cheer, the International Monetary Fund (IMF) on Monday revised up its fo...
-
GST Rate Changed For 29 Goods, 53 Categories Of Services
The GST Council in its 25th meeting also considered simplification of return filing process, the finance minister said.
-
TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
-
Sensex Conquers 35,000, Nifty Hits 10,800 As Records Tumble: 10 Points
Continuing its record-breaking spree in the New Year, the Sensex hit the 35,000 milestone today. The benchmark index surged 310 points to close at 35,081. Another benchmark index Nifty hit 10,800 today, before closing at 10,788, up 88 points. Apart from a global market rally, optimism about acceleration in corporate earnings growth and economic gro...
-
Why Infosys, TCS, HCL Tech, Tech Mahindra Shares Have Rallied To 1-Year Highs
The momentum in IT stocks come in the wake of weakness in the rupee as well as bets by investors that global IT spending will pick up this year, benefitting the Indian outsourcers.
-
Infosys Q3 Net Profit Jumps 38% To Rs 5,129 Crore On Tax Reversal
In the December quarter, Infosys posted revenue of Rs 17,794 crore while operating margin improved to 24.3 per cent.
