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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 Meltdown: Can Nandan Nilekani bring peace?

Infosys Meltdown: Can Nandan Nilekani bring peace?

Thu, Aug 24, 2017

Many reports have stated that Nandan Nilekani the former CEO of Infosys may return back after Vishal Sikka's resignation from his MD and CEO post on August 18, 2017.

Investors want former CEO Nandan Nilekani to return to Infosys board

Investors want former CEO Nandan Nilekani to return to Infosys board

Wed, Aug 23, 2017

A group of 12 major institutional investors in Infosys Ltd has asked the Indian IT services company to bring former CEO Nandan Nilekani back on to its board to try to resolve a feud with the company`s founders.

Should retail investors tend their shares in Infosys buyback plan?

Should retail investors tend their shares in Infosys buyback plan?

Wed, Aug 23, 2017

Infosys is going through a difficult phase as its CEO and MD Vishal Sikka has resigned due to ongoing tirade with co-founder Narayana Murthy. The stock has fallen nearly 15% but can the share buyback plan stem the loss? What should retail investors do with their shares?

Infosys slips out of 10 most valued companies on NSE

Infosys slips out of 10 most valued companies on NSE

Mon, Aug 21, 2017

Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.

Buyback fails to cheer investors as nine brokerages downgrade Infosys since Sikka's exit

Buyback fails to cheer investors as nine brokerages downgrade Infosys since Sikka's exit

Mon, Aug 21, 2017

Vishal Sikka, CEO and MD, Infosys' resignation has sent shivers down investors' spine as the stock lost nearly Rs 27,000 crore in value. Moreover, a Rs 13,000 crore first-time-ever share buyback has so far failed to cheer sentiments as the stock continued to lose value on Monday August 21, 2017.

Markets open in green but buyback fails to cheer Sikka's Infy exit

Markets open in green but buyback fails to cheer Sikka's Infy exit

Mon, Aug 21, 2017

At 0920 hours, Sensex was trading at 31,567.62, up 42.94 points or 0.14%, while Nifty was trading at 9,866.40, up 29 points or 0.29%.

Narayan Murthy's shadow to loom large over search for Infosys CEO

Narayan Murthy's shadow to loom large over search for Infosys CEO

Sun, Aug 20, 2017

Infosys' search for a new CEO may not be an easy one as the pressure of being under the constant scrutiny of the firm's high-profile founders could see many candidates shying away, said industry leaders and experts.

Need of the hour is to keep the core of Infosys intact

Need of the hour is to keep the core of Infosys intact

Sat, Aug 19, 2017

It cannot be ignored that Narayan Murthy is the co-founder and has had a great stake in building the enterprise -- though the action of making the grievance public seems to have had a counterproductive effect.

Infosys approves Rs 13,000 crore share buyback plan after Sikka resigns

Infosys approves Rs 13,000 crore share buyback plan after Sikka resigns

Sat, Aug 19, 2017

After Vishal Sikka, Managing Director and Chief Executive Officer, Infosys resigned from the post, the company on Saturday approved Rs 13,000 crore share buyback proposal.

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Fri, Aug 18, 2017

Friday turned out be a dramatic day for Infosys Vishal Sikka resigned from his post of MD and CEO with immediate effect. This was not taken well by investors. Share price of Infosys touched a four-year low of Rs 884.40 per piece – a level which was last seen on August 21, 2014.

No change in share buyback plan after Sikka's resignation, Infosys says

No change in share buyback plan after Sikka's resignation, Infosys says

Fri, Aug 18, 2017

On August 17, Infosys share rose to as much as 5% after the company stated it will consider the share buyback proposal in its meeting to be held on August 19, 2017.

Narayana Murthy vs Infosys: 'Statements made by Infosys board below my dignity'

Narayana Murthy vs Infosys: 'Statements made by Infosys board below my dignity'

Fri, Aug 18, 2017

Infosys said that Murthy's continuous assault, including this latest letter, is the primary reason that the CEO, Vishal Sikka, has resigned despite strong Board support.

Infosys hits back at Narayana Murthy; says he is damaging the company

Infosys hits back at Narayana Murthy; says he is damaging the company

Fri, Aug 18, 2017

Attacking Murthy, Infosys said that Murthy has demanded that the Board adopt certain changes in policy, else he will attack board members in the public, which threat was carried out when the Board did not acquiesce.

Vishal Sikka's three year stint at Infosys comes to an end; A snapshot of company's performance in this time

Vishal Sikka's three year stint at Infosys comes to an end; A snapshot of company's performance in this time

Fri, Aug 18, 2017

Infosys has accepted the resignation of Dr Vishal Sikka as the Managing Director and Chief Executive Officer with immediate effect.

MUST READ: Vishal Sikka's letter to Infosys employees

MUST READ: Vishal Sikka's letter to Infosys employees

Fri, Aug 18, 2017

Earlier today I resigned my position as MD & CEO of Infosys. Here is the mail I sent to our employees.

Vishal Sikka resigns from Infosys: Full text of his letter to the Board

Vishal Sikka resigns from Infosys: Full text of his letter to the Board

Fri, Aug 18, 2017

RESIGNATION EMAIL RECEIVED FROM THE VISHAL SIKKA, MD AND CEO BY THE BOARD OF DIRECTORS ON August 18, 2017.

Sensex, Nifty open in red; Infosys tumbles 6% as Sikka resigns

Sensex, Nifty open in red; Infosys tumbles 6% as Sikka resigns

Fri, Aug 18, 2017

At 0921 hours, Sensex was trading at 31,564.52 down 230.94 points or 0.73%, while Nifty 50 was trading at 9,841.55 below 63 points or 0.63%.

Narayana Murthy gets his way; Vishal Sikka resigns from Infosys

Narayana Murthy gets his way; Vishal Sikka resigns from Infosys

Fri, Aug 18, 2017

Vishal Sikka, MD and CEO, Infosys has resigned from his position in the company.

Sensex, Nifty trade in green; Infosys gains 3% on share buyback proposal

Sensex, Nifty trade in green; Infosys gains 3% on share buyback proposal

Thu, Aug 17, 2017

The 31-scrip index was trading at 31,837.21 up 67 points or 0.21%, while the 51-scrip index surged by nearly 28 points or 0.28% trading at 9,924.80.

Stocks that Morgan Stanley thinks may cross $10 billion market cap in the next three years

Stocks that Morgan Stanley thinks may cross $10 billion market cap in the next three years

Mon, Aug 14, 2017

On the back of double-digit and two-year forward earnings growth, there are 14 "mega stocks" dominated by private sector financials and consumer discretionary, which will outperform the markets in coming three years, a Morgan Stanley report said.

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