October 9, 2024, 06:32 PM - 2 min read
The collaboration aims to provide innovative solutions that enhance customer experiences and drive enterprise AI adoption. This includes integrating Microsoft's generative AI offerings with Infosys' existing solutions like Infosys Topaz, Cobalt, and Aster.
Read moreSeptember 29, 2024, 05:03 PM - 2 min read
The combined market valuation of eight of the top-10 most valued firms surged Rs 1,21,270.83 crore last week, with Reliance Industries becoming the biggest gainer, in line with an outstanding rally in benchmark equity indices.
Read moreAugust 21, 2024, 05:12 PM - 2 min read
In a recent development that is likely to boost employee morale, Infosys has announced a significant increase in performance bonuses for the first quarter of fiscal year 2024-25. The IT giant has distributed an average bonus of 80%, up from 60% in the previous quarter. This increase comes in the wake of a strong financial performance by the company, which reported a 7.1% rise in net profit.
Read moreApril 19, 2024, 04:58 PM - 2 min read
Narayana Murthy gifted his grandson Ekagrah Murty 15 lakh shares, amounting to a 0.04 percent stake in the IT major, resulting in Ekagrah Murty receiving Rs 4.2 crore with the total dividend of Rs 28.Narayana Murthy gifted his grandson Ekagrah Murty 15 lakh shares, amounting to a 0.04 percent stake in the IT major, resulting in Ekagrah Murty receiving Rs 4.2 crore with the total dividend of Rs 28.
Read moreApril 18, 2024, 10:13 PM - 2 min read
IT giant Infosys experienced its first annual headcount decline in almost 23 years, with a reduction of 25,994 employees during the financial year 2023-24, bringing the total headcount to 317,240, marking a 7.5 percent decrease from the previous fiscal year.
Read moreMarch 18, 2024, 07:18 PM - 2 min read
Following this transfer, Narayana Murthy's ownership stake in Infosys has decreased from 0.40 per cent to 0.36 per cent. The transaction occurred "off-market" on March 15.
Read moreMarch 8, 2024, 01:43 PM - 2 min read
Philanthropist and celebrated author Sudha Murty has been nominated to the Rajya Sabha, marking a significant milestone in her illustrious career.
Read moreJanuary 12, 2024, 11:33 AM - 2 min read
"Infosys reported broadly in-line performance for the quarter. The revenue growth was above estimates; while EBIT margin was in-line with expectation," according to a report by YES Securities.
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