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Rishi Sunak Faces Conflict Of Interest Questions Over India-UK Trade Deal. Here's Why
British Prime Minister Rishi Sunak could face some transparency questions related to wife Akshata Murty's Infosys shares, worth an estimated 500 million pounds, in a proposed free trade agreement (FTA) with India, according to a media report.
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Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
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Infosys Shares Hit Over 2-Year Low After Missing Q4 Profit Estimates
Infosys Ltd shares slumped as much as 10% today to their lowest level in over two years after the IT services exporter forecast revenue growth this fiscal would be the slowest in six years.
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Infosys Q3 Profit Rises By $808 Million, Beats Estimates
Infosys reported a quarterly profit that beat estimates today, helped by a strong deal pipeline despite a challenging macro environment.
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Infosys Misses Profit Expectations As Costs Surge; Raises Annual Revenue Outlook
India's Infosys Ltd on Sunday reported Junequarter profit that missed estimates, hurt by higher employee expenses, but the IT services company raised its annual revenue outlook,
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Tech Stocks Drag Indian Shares Lower; Infosys Hits 8-Month Low
Indian shares touched three-week lows on Monday, hammered by losses in IT stocks after Infosys crashed 9% on missing March-quarter profit estimates, while inflation concerns globally also weighed on investors' sentiment.
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Infosys Q3 Results: Net Profit Rises 16.6% Beating Estimates, Revenue Up 12.3%
Infosys Q3 Results: The software services firm reported a 16.5 per cent rise in net profit to Rs 5,197 crore, while revenue from operations rose 12.3 per cent to Rs 25,927 crore
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Best Day For Infosys Shares In Nearly 4 Months After Strong June Quarter Earnings
Shares in Bengaluru-based Infosys surged more than 14 per cent to a record high on Wednesday, a day after the country's second biggest IT company reported better-than-expected earnings for the quarter ended June 30. Large deal wins and tighter costs helped the IT major beat analysts' estimate of profit and reinstate its full-year outlook. On the BS...
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Infosys Set For Best Day In Over 7 Years After Profit Beats Estimate
Infosys reported a 11.5 per cent jump in profit in a quarter that was expected to be disruptive for the country's nearly $200-billion IT industry.
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Infosys Profit Beat Powers Sensex, Nifty To Close At Record Highs
The S&P BSE Sensex and NSE Nifty 50 indexes closed at record highs on Monday powered by surge in Infosys which rose after beating profit estimates in December quarter.
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Infosys Profit At Rs 4,457 Crore In December Quarter, Beats Estimates
Infosys' revenue jumped 2 per cent to Rs 23,092 crore compared with Rs 22,629 crore in the previous quarter.
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Infosys Surges Over 7% On Beating Estimates In June Quarter
Infosys share: Infosys, country's second largest software services company on Friday reported net profit of Rs. 3,802 crore for quarter ended June 30.
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Infosys Beats Estimates In June Quarter With Rs 3,802 Crore Profit
Infosys, the country's second largest software services company, on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. That marked a decline of 6.76 per cent compared to the previous quarter, but beat analysts' estimates. The IT major, however, raised its revenue growth guidance to 8.5-10 per cent for the current financia...
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Infosys Reports Profit Of Rs 3,609 Crore In December Quarter: 10 Points
Infosys on Friday reported a net profit of Rs 3,609 crore for the October-December period. That marked a decrease of 12.2 per cent from Rs 4,110 crore in the previous quarter, according to a regulatory filing by the company.The net profit in the quarter ended December 31 fell short of analysts' estimates. On an average, 25 analysts had estimated th...
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Infosys CEO Salil Parekh Reveals Three-Year Transformation Plan
According to Infosys estimates, market opportunities in digital are at about $160 billion.
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Rishi Sunak Faces Conflict Of Interest Questions Over India-UK Trade Deal. Here's Why
British Prime Minister Rishi Sunak could face some transparency questions related to wife Akshata Murty's Infosys shares, worth an estimated 500 million pounds, in a proposed free trade agreement (FTA) with India, according to a media report.
-
Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
-
Infosys Shares Hit Over 2-Year Low After Missing Q4 Profit Estimates
Infosys Ltd shares slumped as much as 10% today to their lowest level in over two years after the IT services exporter forecast revenue growth this fiscal would be the slowest in six years.
-
Infosys Q3 Profit Rises By $808 Million, Beats Estimates
Infosys reported a quarterly profit that beat estimates today, helped by a strong deal pipeline despite a challenging macro environment.
-
Infosys Misses Profit Expectations As Costs Surge; Raises Annual Revenue Outlook
India's Infosys Ltd on Sunday reported Junequarter profit that missed estimates, hurt by higher employee expenses, but the IT services company raised its annual revenue outlook,
-
Tech Stocks Drag Indian Shares Lower; Infosys Hits 8-Month Low
Indian shares touched three-week lows on Monday, hammered by losses in IT stocks after Infosys crashed 9% on missing March-quarter profit estimates, while inflation concerns globally also weighed on investors' sentiment.
-
Infosys Q3 Results: Net Profit Rises 16.6% Beating Estimates, Revenue Up 12.3%
Infosys Q3 Results: The software services firm reported a 16.5 per cent rise in net profit to Rs 5,197 crore, while revenue from operations rose 12.3 per cent to Rs 25,927 crore
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Best Day For Infosys Shares In Nearly 4 Months After Strong June Quarter Earnings
Shares in Bengaluru-based Infosys surged more than 14 per cent to a record high on Wednesday, a day after the country's second biggest IT company reported better-than-expected earnings for the quarter ended June 30. Large deal wins and tighter costs helped the IT major beat analysts' estimate of profit and reinstate its full-year outlook. On the BS...
-
Infosys Set For Best Day In Over 7 Years After Profit Beats Estimate
Infosys reported a 11.5 per cent jump in profit in a quarter that was expected to be disruptive for the country's nearly $200-billion IT industry.
-
Infosys Profit Beat Powers Sensex, Nifty To Close At Record Highs
The S&P BSE Sensex and NSE Nifty 50 indexes closed at record highs on Monday powered by surge in Infosys which rose after beating profit estimates in December quarter.
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Infosys Profit At Rs 4,457 Crore In December Quarter, Beats Estimates
Infosys' revenue jumped 2 per cent to Rs 23,092 crore compared with Rs 22,629 crore in the previous quarter.
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Infosys Surges Over 7% On Beating Estimates In June Quarter
Infosys share: Infosys, country's second largest software services company on Friday reported net profit of Rs. 3,802 crore for quarter ended June 30.
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Infosys Beats Estimates In June Quarter With Rs 3,802 Crore Profit
Infosys, the country's second largest software services company, on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. That marked a decline of 6.76 per cent compared to the previous quarter, but beat analysts' estimates. The IT major, however, raised its revenue growth guidance to 8.5-10 per cent for the current financia...
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Infosys Reports Profit Of Rs 3,609 Crore In December Quarter: 10 Points
Infosys on Friday reported a net profit of Rs 3,609 crore for the October-December period. That marked a decrease of 12.2 per cent from Rs 4,110 crore in the previous quarter, according to a regulatory filing by the company.The net profit in the quarter ended December 31 fell short of analysts' estimates. On an average, 25 analysts had estimated th...
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Infosys CEO Salil Parekh Reveals Three-Year Transformation Plan
According to Infosys estimates, market opportunities in digital are at about $160 billion.
