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Infosys Research projects Asia Pacific businesses to nearly triple spends on generative AI in 2024

Infosys Research projects Asia Pacific businesses to nearly triple spends on generative AI in 2024

Sat, Jan 27, 2024

While the spending trails North America, APAC's adoption, effectiveness, and growth are among the highest globally, according to Infosys Research.

Q3 Review: Are HCLTech and Wipro better bets as compared to Infosys and TCS?

Q3 Review: Are HCLTech and Wipro better bets as compared to Infosys and TCS?

Mon, Jan 15, 2024

IT shares today: In Monday's trade, the Nifty IT was up over 1 per cent with Wipro rising nearly 6 per cent, Infosys up over 2 per cent, HCLTech over 3 per cent, and TCS with half a per cent gain.

TCS & Infosys: Strong rise in IT sector after the Q3 results

TCS & Infosys: Strong rise in IT sector after the Q3 results

Fri, Jan 12, 2024

After the results of IT giant TCS and Infosys, there is a strong rise in the entire sector.. Who is better between TCS and Infosys? TCS vs Infosys: Who is the king of IT? Know complete details in this video

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Infosys collaborates with Microsoft for generative AI

Infosys collaborates with Microsoft for generative AI

Tue, Sep 26, 2023

Both organisations will bring together their respective artificial intelligence (AI) capabilities -- Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services -- for transitioning to AI from digital, thus driving efficiency and productivity among businesses, the domestic IT firm said.

Infosys to train 50,000 employees on NVIDIA AI technology

Infosys to train 50,000 employees on NVIDIA AI technology

Wed, Sep 20, 2023

"Infosys plans to set up an NVIDIA Centre of Excellence, where it will train and certify 50,000 of its employees on NVIDIA AI technology to provide generative AI expertise to its vast network of customers across industries," Infosys and NVIDIA said in a joint statement.

Infosys' shares gain after completing Danske Bank's IT centre acquisition in India

Infosys' shares gain after completing Danske Bank's IT centre acquisition in India

Mon, Sep 04, 2023

With its global expertise and industry solutions, Infosys will accelerate the bank’s digital agenda by significantly enhancing its IT operations and capabilities.

Infosys ropes in tennis World No.1 Iga Swiatek as Brand Ambassador a day after signing deal with Rafael Nadal

Fri, Aug 25, 2023

Infosys has been the digital innovation partner for tennis events like the ATP Tour, Roland-Garros, Australian Open and The International Tennis Hall of Fame. Infosys will collaborate with Nadal on the development of cutting-edge digital innovation projects.

Infosys onboards tennis icon Rafael Nadal as brand ambassador

Thu, Aug 24, 2023

Infosys-Rafael Nadal deal: Nadal is a perfect embodiment of what it takes individuals or business leaders to evolve and continually navigate their next, Infosys said in its press release.

Goldman Sachs expects India's IT growth to pick up in medium term, initiates coverage

Goldman Sachs expects India's IT growth to pick up in medium term, initiates coverage

Wed, Aug 23, 2023

Goldman Sachs also gave HCL Tech a "neutral" rating, seeing risks to near-term revenue growth. However, it viewed the company as "well-placed" in the medium term.

Infosys Foundation commits over Rs 100 crore for girl students' STEM scholarship

Infosys Foundation commits over Rs 100 crore for girl students' STEM scholarship

Thu, Aug 17, 2023

Infosys' philanthropic arm Infosys Foundation has committed over Rs 100 crore to launch a STEM scholarship programme for underprivileged girl students.

Infosys' $1.6 billion deal with telecom firm Liberty Global explained

Infosys' $1.6 billion deal with telecom firm Liberty Global explained

Wed, Aug 16, 2023

Infosys and Liberty Global have entered into a five-year agreement. Infosys will help to develop Liberty Global’s Horizon entertainment and connectivity platforms under the deal.

Infosys gains nearly 2% as company inks $1.64 billion deal with Liberty Global; here is what JP Morgan says

Infosys gains nearly 2% as company inks $1.64 billion deal with Liberty Global; here is what JP Morgan says

Wed, Aug 16, 2023

Infosys share price: The 5-year agreement, which has an option to be extended to 8 years and beyond, will have Infosys taking over the operations of the UK-headquartered company's entertainment and connectivity platforms, with its AI offering Infosys Topaz.

Infosys, Liberty Global sign $1.64 billion deal to scale digital platforms

Infosys, Liberty Global sign $1.64 billion deal to scale digital platforms

Tue, Aug 15, 2023

Indian software services exporter Infosys and Liberty Global have signed a 1.5 billion euro ($1.64 billion) agreement to evolve and scale the communications firm's digital entertainment and connectivity platforms, the companies said.

Infosys slides, drags peers as forecast cut fans demand worries

Infosys slides, drags peers as forecast cut fans demand worries

Fri, Jul 21, 2023

Shares of Infosys fell as much as 10% on Friday, dragging its peers and the benchmark index, after India's No.2 software exporter halved its full-year revenue growth outlook, fuelling worries about slowing demand for IT services.

Infosys tumbles 9% as FY24 revenue guidance lowered sharply; should you buy, sell, or hold?

Infosys tumbles 9% as FY24 revenue guidance lowered sharply; should you buy, sell, or hold?

Fri, Jul 21, 2023

Infosys Q1 results review: The substantial cut in the guidance is mainly attributed to lower-than-expected volume and discretionary spends, delays in decision-making, and push-outs in anticipated mega deals.

L&T, Infosys, Coforge, DLF, Reliance Industries, Utkarsh Small Finance Bank, HUL among top stocks to watch today

L&T, Infosys, Coforge, DLF, Reliance Industries, Utkarsh Small Finance Bank, HUL among top stocks to watch today

Fri, Jul 21, 2023

Stocks to watch today: Hindustan Unilever Ltd on Thursday reported a 6.9 per cent rise in consolidated profit after tax at Rs 2,556 crore in the first quarter ended June 30, 2023,

As TCS, Infosys, and Wipro announce their AI initiatives, what are they working on, their target, and more?

As TCS, Infosys, and Wipro announce their AI initiatives, what are they working on, their target, and more?

Thu, Jul 20, 2023

Indian IT giants like TCS, Infosys, and Wipro have announced billions of dollars of investment in Artificial Intelligence space. TCS is working to create its own ChatGPT-like AI platform, which will be equivalent to that used for enterprise code generation while Infosys recently signed a 5-year deal to invest $2 billion.

Infosys Q1 Highlights: PAT falls 3% to Rs 5,945 crore, misses analysts' estimates; IT major trims revenue guidance

Thu, Jul 20, 2023

Infosys Q1 highlights: Infosys — India's second-largest IT services company — reported its financial results for the April-June period on July 20. Catch minute-by-updates on Infosys earnings, and much more, here.

Gartner Forecasts Worldwide IT Spending to Grow 4.3% in 2023

Gartner Forecasts Worldwide IT Spending to Grow 4.3% in 2023

Wed, Jul 19, 2023

Decreased expenditure on IT in 2023, Gartner's estimate on IT expenditure In which sector is the maximum expenditure on IT? How did it stop, replacement of software?

Infosys and Coforge Performance Breakdown: What to Expect?

Infosys and Coforge Performance Breakdown: What to Expect?

Wed, Jul 19, 2023

How will be the results of #Infosys and Coforge? What to look for in Infosys and Coforge results? Know full details from Kushal Gupta

Infosys signs five-year AI deal with $2 billion target spend

Infosys signs five-year AI deal with $2 billion target spend

Tue, Jul 18, 2023

Infosys share price: The company said it has entered into a framework agreement with one of its existing strategic clients to provide artificial intelligence (AI) and automation-led development, modernisation, and maintenance services. The total client target spend over five years is estimated at $2 billion, the company said in its statement.

Infosys' CISO Vishal Salvi quits company to join cybersecurity firm Quick Heal as CEO

Infosys' CISO Vishal Salvi quits company to join cybersecurity firm Quick Heal as CEO

Wed, Jul 05, 2023

Salvi, who has almost three decades of experience in the cybersecurity and information technology domains in India and globally, has held the positions of global chief information security officer, business head of the cybersecurity service line, and senior vice president at Infosys.

IT sector Q1FY24 preview: No positive surprises seen; Infosys may tighten revenue guidance

IT sector Q1FY24 preview: No positive surprises seen; Infosys may tighten revenue guidance

Mon, Jul 03, 2023

IT sector Q1 preview: A soft discretionary spending environment, combined with the pullback of projects in financial services and telecom, is expected to impact the revenue growth of the companies. This, coupled with project ramp downs and a lower conversion of total contract value (TCV) to annual contract value (ACV), will impact near-term growth, they add.

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