Bengaluru-based Infosys raised its annual revenue growth forecast Infosys, the country’s second-largest IT company, on Wednesday reported a 14 percent rise in net profit to Rs 4,845 crore in the July-September period compared to the previous quarter, beating analyst estimates. In an after-hours regulatory filing, TI’s senior said its revenue …
Read More »Infosys to implement salary increases, promotions at all levels
Infosys announced today that it will implement salary increases and promotions at all levels beginning January 1. Infosys also said that it is awarding a 100% variable salary along with a special incentive for the second quarter. Infosys had more than 2.40 lakh employees at the end of September. Infosys …
Read More »Wipro, Infosys, Vedanta, Future Retail, banks
Here is a list of the top ten stocks that may appear in the news on Wednesday: Wipro: The company expects its IT services revenue to grow up to 3.5% sequentially in the December quarter. The board of directors approved the repurchase of up to 4.16% of the company’s shares …
Read More »RIL, Vodafone Idea, Infosys, Tata Motors
Here is a list of the top ten stocks that may appear in the news on Friday: Banks and financial services: The Supreme Court has ordered banks not to label loans that were standard as of August 31 as delinquent, even if there was a default, until new orders are …
Read More »H-1B visa suspension will not have much impact on Indian technology companies: analysts
Analysts suggest that the Trump administration’s suspension of H-1B visas and other temporary work permits, which American unemployed may not have a major impact on Indian technology service companies, is intended to protect. Indian technology majors like TCS, Infosys, Wipro, Tech Mahindra and HCL Technologies have reduced their dependency by …
Read More »Work from home: IT seeks changes in laws as work from home set to become norm
[ad_1] New Delhi | Bengaluru | Pune: India’s information technology sector is seeking revisions in the country’s taxation and labor laws as over half the workforce in the $ 191 billion industry could begin to deliver services remotely as part of the changes being wrought by the ongoing pandemic. At …
Read More »Will Infosys break its tradition of annual revenue guidance?
[ad_1] The Bengaluru-based company lost the bell tower label to Tata Consultancy Services Ltd (TCS) a long time ago, due to a leadership crisis in the past decade. Still, the fact that it provides an annual revenue guide, while TCS doesn’t, makes its earnings announcement a long-awaited affair. When Infosys …
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