Infosys Stock News

Infosys BPM will collaborate with CINDE, the Costa Rica Investment Promotion Agency which is a private, non-political, and non-profit organization, to leverage its business ecosystem in the region and recruit top talent for the new roles.

Infosys BPM in Costa Rica currently has a skilled workforce of more than 300 people

Pandemic-led sluggish enterprise IT spending has clouded the outlook for the Zacks Computers - IT Services Industry. However, the solid uptake of digital remote working and healthcare solutions makes

Infosys Co-founder Nandan Nilekani has rejected the news claiming that he has launched a crypto project.

Pandemic-led sluggish enterprise IT spending has clouded the outlook for the Zacks Computers - IT Services Industry. However, the solid uptake of digital remote working and healthcare solutions makes

Read more about Infosys, Tech M: Tech charts suggest its time to bottom fish IT stocks on Business Standard. The NSE IT index has been moving in a tight range, a breakout in either direcion can trigger a 2,000 points movement.

Goldman Sachs has upgraded Mphasis to a ‘buy’ from ‘neutral’ and Mindtree to ‘neutral’ from ‘sell’ with a target price of Rs 3,465 and Rs 3,919 respectively.

The Indian equity indices staged a gap up opening on Tuesday led by gains in information technology shares after a steep fall in the previous session.

Infosys, Tata Consultancy Services, HDFC, Larsen & Toubro, HDFC Bank and Reliance Industries were among the top movers in the Sensex.

INFY Weekly Outlook and Analysis: For the Week: (Feb 14, 2022 Feb 18, 2022) BSE: 500209| NSE: INFY| ISIN: INE009A01021| SECTOR: I.T. Infosys closed the Weekly on Negative Note losing -1.13% Infosys Share Price: 1721.35 Weekly High: 1773.90 Weekly Low: 1695.40 Weekly Range: 78.50 Points Weekly Support & Resistance The post Infosys Outlook for the Week (Feb 14, 2022 Feb 18, 2022) appeared first on Equitypandit .

Gender gap is closing fast across India''s top information technologies services companies. Companies like Tata Consultancy Services, Infosys, Wipro, Tech Mahindra, Mphasis and Mindtree have at least three women in 10 employees as of December 31, 2021, their HR heads told ET.Most of them are now chasing a target of 45-50% for female employees in their total headcount in the coming quarters, with several initiatives lined up, like increased campus and lateral hiring, building leadership pipelines and skilling focused on women.Professional services firm Aon''s recent survey tracking 20 top IT services companies, shared exclusively with ET, also confirms the trend of companies looking to increase the number of female employees from the existing 30% to 45% in less than 24 months. Already, the number of women in these 20 companies is more than the India Inc average of 26%, said Jang Bahadur Singh, Aon''s IT/ITeS lead -- human capital solutions practice.The ball has already started rolling. For instance, Tech Mahindra improved the gender diversity ratio by 5% in the last two quarters, chief people officer Harshvendra Soin told ET.

Futures Reverse Overnight Rout As Doubts Emerge About Aggressive Fed Hiking After initially sinking sharply, with S&P futures dropping as much as 1% overnight on concerns that aggressive rate hikes from the Fed aimed at curbing stubbornly high inflation could plunge the US into recession and crash risk assets, US equity futures have recovered most of their losses after an overnight article from Bloomberg reported that the " Fed Doesn’t Yet Favor a Half-Point Hike or an Emergency Move " easing investor nerves that a massive hike is imminent. Contracts on the Nasdaq were also flat after earlier retreating as much as 1.2% as growth stocks are especially sensitive to rising rates and bond yields. Still, absent a powerful bounce today, the S&P 500 is set to snap a two-week winning streak. The benchmark S&P 500 has struggled to gain for three weeks in a row since November as the Fed signaled it was prepared to tighten monetary policy to rein in red-hot inflation, but strategists say a broader selloff across stock markets is unlikely.

Tech Mahindra was the top loser in the Sensex pack, shedding around 3 per cent, followed by Infosys, HCL Tech, SBI, Kotak Bank and HDFC.

Sensex closed 773 points lower at 58,153 and Nifty lost 231 points to end at 17,374. Tech Mahindra, Infosys and HCL Tech were the top Sensex losers, falling up to 2.94%.

BENGALURU: Indian shares ended sharply lower on Friday, dragged by worries of more foreign outflows after red-hot US inflation data increased bets on aggressive interest rate hikes by the Federal Reserve. The NSE Nifty 50 index fell 1.3% to 17,374.75, while the S&P BSE Sensex closed 1.3% lower at 58,152.92. For the week, both indexes fell nearly 1%. The Reserve Bank of India (RBI) on Thursday maintained its dovish stance and said continued policy support was warranted to help the economic recovery. "There was some enthusiasm post the (RBI) policy. But, with global cues, again the (foreign) outflows are going to happen," said Anita Gandhi, director at Arihant Capital Markets, adding that the outflows would continue if the US rate hikes happened in March. Indian shares slip as Bajaj Finance weighs; state-run lenders climb Foreign investors have sold a net $5.58 billion in Indian equities so far this year, Refinitiv data showed, compared with a net purchase of $5.08 billion in the same period last year.