Latest Updates Around The World
Agreements with the U.S. and European Union helped allay fears that geopolitics and tariff turbulence would continue to weigh on the $5.2 trillion market. However, this relief has done little to offset concerns about business fundamentals, especially after Indian stocks posted the worst returns among major global peers in January.Earnings growth has been lagging for […]
Global money managers are warming up to the shares of Indian software exporters again as they focus their activities on artificial intelligence.While revenues from developing AI-based products are still small, analysts and investors are excited about the growth shown by companies including Tata Consultancy Services Ltd., Infosys Ltd. and HCL Technologies Ltd. TCS said revenue […]
Infosys Ltd, one of India’s leading information technology companies, was set for strong buying on Friday, January 16, after several brokerage firms raised their target prices following a positive surprise from the company. Infosys raised its constant currency revenue growth expectations for FY26 from the previous range of 2-3% to 3-3.5%, signaling a clearer improvement […]
U.S.-traded shares of Infosys Ltd soared as much as 40% within minutes of Friday’s opening bell, briefly adding tens of billions of dollars to the Indian IT group’s market capitalization and prompting the New York Stock Exchange to halt trading, in a market dislocation that has focused attention on short selling, automated trading systems and […]
Leading IT service player Infosys LTD announced a purchase of RS 18,000 crore on Thursday via a tender route, the largest since the list. The IT-Majoor, based in Bengaluru, will purchase around 10 crore shares, which represents 2.41% of equity on RS 1,800 each, which will be 19% premium compared to the current market price. […]
