India is due to post industrial output later in the day, with analysts expecting a return to modest growth, and is due to post wholesale and consumer prices data next week amid expectations vegetable prices have eased.
She was among the key executives brought in by Sikka from SAP and was overseeing large deals
'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
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The rupee resumed slightly lower at 62.05 per dollar as against the last weekend's level of 62.04 at the Interbank Foreign Exchange market. It recovered to 61.88 per dollar before quoting 61.93 at 1045 hours.
Cos can apply for PAN card number online through e-Biz portal.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
Foreign portfolio investors were net buyers in equities to the tune of Rs 119 crore, as per provisional stock exchange data.
Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.
The rupee had lost 15 paise to hit two-week closing low of 60.68 against the dollar in yesterday's trade on consistent demand for the US currency from importers and some banks on strong global cues.
Most high-profile exit since co-founder Narayana Murthy returned to the helm.
Data late on Wednesday showed consumer price inflation eased more than-expected to a 25-month low of 8.10 per cent in February, while industrial output unexpectedly expanded, albeit only by 0.1 per cent.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
The company expects around $40 million annualised revenue from the acquisition but declines to share financial details of the deal.
The US is the biggest market for the outsourcing industry.
Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
Seeking class action status in a suit filed on August 1 in the US District Court in Wisconsin, Brenda Koehler said Infosys systematically discriminates against people of non-South Asian descent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The catchwords today are digital, analytics, robotics.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
Annualised staff attrition rate at Infosys rose to a record 20.1 per cent in the September quarter.
The Street is especially looking forward to the management commentary to get a sense of its new direction
Sensex dull at close, Infosys rules, ITC drags.
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