Infosys Stock News

Ribbon Communications (RBBN) is collaborating with Infosys (INFY) to deliver an integrated IT Managed Services offering to global enterprises

Mumbai: Second-largest IT exporter Infosys may hire more than 55,000 fresh graduates from campuses in FY23 as it sees a very good runway for growth going forward, a top executive said on Wednesday. The Bengaluru-headquartered company’s chief executive Salil Parekh said there are tremendous opportunities awaiting engineering and science graduates in the tech sector, but […]

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Salil Parekh said Infosys is targeting a 20 per cent jump in annual revenues in FY22 and this presents a great opportunity for a fresher to join the company and grow

Speaking to Noshir Kaka, senior partner of McKinsey & Company at the Nasscom India Leadership Forum on Wednesday, Parekh said that the company has transformed their business to put their capabilities on the cloud to offer Software as a service driven solutions to clients.

Parekh said Infosys is targeting a 20 per cent jump in annual revenues in FY22 and this presents a great opportunity for a fresher to join the company and grow.

Parekh added that Infosys sees a very good runway for growth in the future, which will be primarily led by the services built around the cloud. He reiterated that skilling employees for the work of the future will be among the focus areas.

Second-largest IT exporter Infosys may hire more than 55,000 fresh graduates from campuses in FY23 as it sees a very good runway for growth going forward, says CEO Salil Parekh on Wednesday.

Infosys, CDW and Endava are highlighted in this Industry Outlook Article.

Infosys BPM will provide critical training and growth opportunities to new hires to help ensure success in their respective roles.

Nifty IT has fallen 10 percent in the past 30 days whereas the benchmark Nifty50 is down nearly 5 percent. Stocks such as Tata Consultancy Services, HCL Technologies, Wipro, Tech Mahindra, Infosys, Coforge, Mindtree and L&T Technology Services, Larsen & Toubro Infotech have slumped about 5-20 percent in the past 30 days. Check out some stocks that have the potential to generate strong returns in the coming months:

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“We would definitely be underweight on the pure staples or consumption space and auto. Also, for the consumer sector, the additional issue is the hike in the raw material prices or input cost. On the other hand, we would be comfortable buying into IT sector and Infosys, HCL Tech and TCS in particular.

Infosys BPM in Costa Rica currently has a skilled workforce of more than 300 people across a diverse portfolio of services, including sales and fulfillment, sourcing and procurement, customer services, legal process management, human resource outsourcing, and Robotic Process Automation (RPA). The 400 new employees will be hired at multiple job levels and will be distributed across these service lines, with a primary focus on customer service.

Consequently, on 14 February 2022, the Issued and Subscribed Share Capital of the Company stands increased to 21,029,667,800 divided into 4,205,933,560 Equity Shares of Rs 5/- each.