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Infosys-Microsoft expand partnership for AI, Cloud systems

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.

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Top 8 firms add ₹1.21 lakh crore in Mcap; Reliance tops list

Mcap of 8 of top-10 most valued firms surges Rs 1.21 lakh cr

September 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.

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Infosys Boosts Q1 Bonuses Reflecting Strong Financial Growth.

Infosys announces average 80 pc performance bonus to staff

August 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.

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Narayana Murthy's five-month-old grandson's wealth surges by Rs 4.2 Crore

Narayana Murthy's five-month-old grandson's wealth surges by Rs 4.2 Crore

April 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.

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Infosys reports first annual headcount decline in nearly 23 Years, drops by 7.5% in FY 2023-24

Infosys reports first annual headcount decline in nearly 23 Years, drops by 7.5% in FY 2023-24

April 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.

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NR Narayana Murthy speaking at a conclave.

Infant Millionaire? Narayana Murthy gifts Infosys shares worth Rs 240 crores to four-month-old grandson

March 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.

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Presidential Candidate Nominated for Rajyasabha Sudhamurty. Image X.

Sudha Murty Nominated to Rajya Sabha: A Beacon of Women Empowerment

March 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.

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Infosys stock surges more than 7% following strong Q4 results; market capitalization gains ₹42,821 crore

Infosys stock surges more than 7% following strong Q4 results; market capitalization gains ₹42,821 crore

January 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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