Latest Updates Around The World
Infosys has announced an average organization-wide performance bonus of 85 percent for the quarter ending December, according to a report by the Economic times. This offers workers a morale boost at a time when tech stocks are under pressure over concerns that artificial intelligence could automate large parts of IT services work. The payout will […]
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 […]
Infosys’ ADRs fell nearly 2% on Wednesday after the company reported its December quarter results, as investors weighed a modest profit decline and margin pressure against stronger revenue performance and an upward revision to full-year growth expectations.India’s second-largest IT services company reported a consolidated net profit of Rs 6,654 crore for the third quarter, down […]
India’s second-largest IT services company on Wednesday reported a 2% year-on-year (year-on-year) decline in its consolidated net profit at Rs 6,654 crore in the third quarter, compared to Rs 6,806 crore in the previous year’s quarter. Revenue from operations during the same period rose 9% year-on-year to Rs 45,479 crore.The company has revised up its […]
