Tag: Infosys

Cognizant, Infosys, TCS, Wipro deploy over 200,000 Microsoft Copilot licences

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Cognizant, Infosys, TCS, Wipro deploy over 200,000 Microsoft Copilot licences

Microsoft Chairperson and CEO Satya Nadella addressing an audience of developers and AI experts as part of his AI India tour, at Whitefield in Bengaluru, on December 11, 2025. Microsoft Chairperson and CEO Satya Nadella announced strategic partnerships with four leading IT companies — Cognizant, Infosys, TCS and Wipro — as they join forces with Microsoft…

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Mcap of 7 of top-10 most valued firms climbs ₹74,573 crore; HDFC Bank biggest gainer

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Mcap of 7 of top-10 most valued firms climbs ₹74,573 crore; HDFC Bank biggest gainer

Image used for representative purpose only. | Photo Credit: Reuters The combined market valuation of seven of the top-10 most valued firms climbed ₹74,573.63 crore in a holiday-shortened last week, with HDFC Bank emerging as the biggest gainer in line with a positive trend in equities. Last week, the BSE benchmark climbed 780.71 points or…

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IT stocks tumble on U.S. H-1B visa fee hike concerns

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IT stocks tumble on U.S. H-1B visa fee hike concerns

Image used for representation purpose only. | Photo Credit: Reuters IT stocks dropped in morning trade on Monday (September 22, 2025), with Tech Mahindra tumbling over 6%, amid concerns over the steep hike in US H-1B visa fees. Shares of Tech Mahindra tumbled 6.45%, LTI Mindtree slumped 5.61%t, Persistent Systems dropped 5.51%, Hexaware Technologies tanked…

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Narayana Murthy Explains Why He Wants 70-Hour Workweek, Again

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Narayana Murthy Explains Why He Wants 70-Hour Workweek, Again

Narayana Murthy said he realised the only way a country can fight poverty is by creating jobs Kolkata/New Delhi: Infosys co-founder Narayana Murthy has defended his 70-hour workweek comment, again. During a visit to Kolkata, which Mr Murthy described as “the most cultured place in the entire country”, he said young people have to realise…

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Nation

Infosys Pays 90% Bonus As Company Beats Market Expectations

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Infosys Pays 90% Bonus As Company Beats Market Expectations

In the last quarter, the company had reportedly issued variable pay of 80 per cent to the employees. New Delhi: Infosys will pay 90 per cent variable pay to its employees for the second quarter of the fiscal, after the company beat market expectations. Variable pay, or performance-linked bonus, was issued to all eligible junior and…

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Nation

Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

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Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Bombay Stock Exchange (BSE). File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday (October 7, 2024) due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the…

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Business

Stock markets settle flat in highly volatile trade; oil & gas, FMCG shares major drag

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Stock markets settle flat in highly volatile trade; oil & gas, FMCG shares major drag

According to exchange data, equities worth ₹9,791.93 crore were sold by FIIs on Monday, September 30, 2024, while Domestic Institutional Investors DIIs purchased equities valued at ₹6,645.80 crore. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty edged lower on Tuesday (October 1, 2024), extending the losing run to the third day amid profit-taking…

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Cognizant files lawsuit against Infosys over trade secrets, latter denies allegations

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Cognizant files lawsuit against Infosys over trade secrets, latter denies allegations

Cognizant has accused Infosys of illegally accessing data from TriZetto’s software and using it to develop and market a competing product. File | Photo Credit: Jothi Ramalingam B IT major Cognizant’s subsidiary TriZetto has slapped a lawsuit on Infosys in a U.S. federal court, accusing the Bengaluru-headquartered company of stealing trade secrets and information related…

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Business

Top IT Body NASSCOM Backs Infosys After Rs 32,000 Crore GST Notice

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Top IT Body NASSCOM Backs Infosys After Rs 32,000 Crore GST Notice

GST authorities have issued a Rs 32,403 crore notice on Infosys for services availed by the company. New Delhi: Apex IT association Nasscom on Thursday came out in support of Infosys — which is facing a Rs 32,403 crore GST notice, saying that the move reflected a lack of understanding of the industry’s operating model….

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Nation

Infosys slapped with ₹32,403 crore GST notice for overseas expenses

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Infosys slapped with ₹32,403 crore GST notice for overseas expenses

GST authorities have slapped a ₹32,403 crore notice on Infosys for services availed by the company from its overseas branches for five years. File | Photo Credit: Reuters GST authorities have slapped a ₹32,403 crore notice on Infosys for services availed by the company from its overseas branches for five years starting in 2017. Infosys,…

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