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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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Stock Indices Open Lower, Nifty Falls Below 18,100
Among Sensex shares, Ultratech Cement, SBI, IndusInd Bank, Axis Bank, HDFC Bank, Kotak Bank, L&T, Reliance Industries,Tech Mahindra, Wipro, Infosys and TCS were the major losers.
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TCS Says No Delay in Process, Employees to Get 100% Variable Pay For June Quarter
Other IT majors, including Infosys and Wipro, have also reduced or delayed the variable pay of their employees
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TCS, Infosys, Wipro To Post Q3 Numbers Today: Key Things To Know
India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...
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Sensex Ends Higher By Over 250 Points; Nifty Settles Above 14,550
The wholesale price index (WPI)-based inflation rate zoomed to an 8-year high of 7.39 per cent in March as fuel and power prices rose to 10.25 per cent and food went up to 5.28 per cent
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Sensex Ends At Record Highs, Up Nearly 400 Points; Nifty Crosses 14,600
Strong corporate earnings by tech heavyweights such as TCS, Infosys, Wipro, HCL Technologies and HDFC Bank are fuelling the bullishness on Dalal Street, analysts said
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Wipro, HCL Technologies, Infosys Surge After TCS' Strong Earnings
Shares of information technology giants like Wipro, Infosys and HCL Technologies rallied over 5 per cent each in trade on Monday
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TCS, Wipro Record Highs Fuel Rally In IT Shares. Here's Why
TCS kicked off the earnings season on Wednesday, by reporting a net profit of Rs 7,475 crore in the July-September period.
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Sensex Closes 304 Points Higher, Nifty Reclaims 11,800 As Markets Extend Rally To Sixth Day
Wipro, Cipla, TCS, UltraTech Cement and Infosys, ending between 3.01 per cent and 7.34 per cent higher, were the top gainers in the 50-scrip benchmark index.
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Wipro's CEO Departs After Failing To Stanch Market Share Bleed
Wipro Ltd Chief Executive Officer Abidali Z Neemuchwala is leaving after a turbulent four years during which growth stalled and the Indian IT services giant fell farther behind rivals Infosys and Tata Consultancy Services (TCS).
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Sensex Gains Over 450 Points From Day's Low As Markets Recover Early Losses: 10 Things To Know
Domestic stock markets reversed early losses on Thursday on the back of gains in auto, pharma and banking stocks, amid a positive trend in global markets after the US central bank hinted at a reduction in interest rates going ahead. The S&P BSE Sensex index rose as much as 492.82 points from the day's lowest level to touch 39,426.60 in late afterno...
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Sensex Gains Over 100 Points, Nifty Above 11,600
Top gainers on the 50-scrip index were Tata Steel, Bharat Petroleum, GAIL India, Asian Paints, Infosys and Wipro.
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Sensex Closes 464 Points Higher, Nifty Reclaims 10,850: 10 Things To Know
Breaking a three-day fall, domestic stock markets surged over one per cent on Tuesday as a plunge in inflation rates fuelled hopes of monetary easing. The S&P BSE Sensex ended 464.77 points, or 1.30 per cent, higher at 36,318.33 while the NSE Nifty50 settled at 10,886.80, up 149.20 points or 1.39 per cent from the previous close. On the 50-share Ni...
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TCS, Accused Of Favouring Indians Over Americans, Cleared By US Court
A jury in California rejected claims that Tata Consultancy Services Ltd. has discriminated for years against American workers in favor of staffing its US offices with Indians.
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Fewer H-1B Visas Used By Indian IT Companies, More Going To US Firms: Report
Top seven Indian IT companies - including TCS, Infosys, Wipro and Tech Mahindra - experienced a whopping 43 per cent drop in their H-1B visa approvals between 2015 and 2017, NFAP said in its report on H-1B work visa.
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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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Stock Indices Open Lower, Nifty Falls Below 18,100
Among Sensex shares, Ultratech Cement, SBI, IndusInd Bank, Axis Bank, HDFC Bank, Kotak Bank, L&T, Reliance Industries,Tech Mahindra, Wipro, Infosys and TCS were the major losers.
-
TCS Says No Delay in Process, Employees to Get 100% Variable Pay For June Quarter
Other IT majors, including Infosys and Wipro, have also reduced or delayed the variable pay of their employees
-
TCS, Infosys, Wipro To Post Q3 Numbers Today: Key Things To Know
India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...
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Sensex Ends Higher By Over 250 Points; Nifty Settles Above 14,550
The wholesale price index (WPI)-based inflation rate zoomed to an 8-year high of 7.39 per cent in March as fuel and power prices rose to 10.25 per cent and food went up to 5.28 per cent
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Sensex Ends At Record Highs, Up Nearly 400 Points; Nifty Crosses 14,600
Strong corporate earnings by tech heavyweights such as TCS, Infosys, Wipro, HCL Technologies and HDFC Bank are fuelling the bullishness on Dalal Street, analysts said
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Wipro, HCL Technologies, Infosys Surge After TCS' Strong Earnings
Shares of information technology giants like Wipro, Infosys and HCL Technologies rallied over 5 per cent each in trade on Monday
-
TCS, Wipro Record Highs Fuel Rally In IT Shares. Here's Why
TCS kicked off the earnings season on Wednesday, by reporting a net profit of Rs 7,475 crore in the July-September period.
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Sensex Closes 304 Points Higher, Nifty Reclaims 11,800 As Markets Extend Rally To Sixth Day
Wipro, Cipla, TCS, UltraTech Cement and Infosys, ending between 3.01 per cent and 7.34 per cent higher, were the top gainers in the 50-scrip benchmark index.
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Wipro's CEO Departs After Failing To Stanch Market Share Bleed
Wipro Ltd Chief Executive Officer Abidali Z Neemuchwala is leaving after a turbulent four years during which growth stalled and the Indian IT services giant fell farther behind rivals Infosys and Tata Consultancy Services (TCS).
-
Sensex Gains Over 450 Points From Day's Low As Markets Recover Early Losses: 10 Things To Know
Domestic stock markets reversed early losses on Thursday on the back of gains in auto, pharma and banking stocks, amid a positive trend in global markets after the US central bank hinted at a reduction in interest rates going ahead. The S&P BSE Sensex index rose as much as 492.82 points from the day's lowest level to touch 39,426.60 in late afterno...
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Sensex Gains Over 100 Points, Nifty Above 11,600
Top gainers on the 50-scrip index were Tata Steel, Bharat Petroleum, GAIL India, Asian Paints, Infosys and Wipro.
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Sensex Closes 464 Points Higher, Nifty Reclaims 10,850: 10 Things To Know
Breaking a three-day fall, domestic stock markets surged over one per cent on Tuesday as a plunge in inflation rates fuelled hopes of monetary easing. The S&P BSE Sensex ended 464.77 points, or 1.30 per cent, higher at 36,318.33 while the NSE Nifty50 settled at 10,886.80, up 149.20 points or 1.39 per cent from the previous close. On the 50-share Ni...
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TCS, Accused Of Favouring Indians Over Americans, Cleared By US Court
A jury in California rejected claims that Tata Consultancy Services Ltd. has discriminated for years against American workers in favor of staffing its US offices with Indians.
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Fewer H-1B Visas Used By Indian IT Companies, More Going To US Firms: Report
Top seven Indian IT companies - including TCS, Infosys, Wipro and Tech Mahindra - experienced a whopping 43 per cent drop in their H-1B visa approvals between 2015 and 2017, NFAP said in its report on H-1B work visa.
