News for 'Infosys'

Infosys arm chief Lax Gopisetty missing in Nepal flash-floods

Infosys arm chief Lax Gopisetty missing in Nepal flash-floods

Rediff.com3 hours ago

Infosys has confirmed that Lax Gopisetty, chief of its subsidiary Infosys Public Services, is unreachable following devastating floods in Nepal. Gopisetty was visiting the region personally, and Infosys is working with agencies and his family to ensure his safety. The Ministry of External Affairs also reported hundreds of Indians missing or stranded due to the floods, with India offering assistance to Nepal.

Stock Markets Today: Sensex, Nifty Ride on Blue-chip Stocks

Stock Markets Today: Sensex, Nifty Ride on Blue-chip Stocks

Rediff.com4 days ago

Indian benchmark equity indices, Sensex and Nifty, opened higher on Monday, driven by strong buying in blue-chip stocks like HDFC Bank and Infosys, despite persistent geopolitical tensions and elevated crude oil prices.

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Rediff.com17 hours ago

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.

X account suspended of outfit handling Mohan Bhagwat's NYC event

X account suspended of outfit handling Mohan Bhagwat's NYC event

Rediff.com1 days ago

A US Congress-constituted advisory body on religious freedom, the USCIRF, has urged the Trump administration to revoke the visa issued to RSS chief Mohan Bhagwat, citing concerns over alleged violent attacks against religious minorities by RSS subgroups.

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Rediff.com2 days ago

Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.

Indian IT firms see uptick in outcome-based deals driven by AI

Indian IT firms see uptick in outcome-based deals driven by AI

Rediff.com7 days ago

Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.

Be vigilant, avoid confrontation: HAF's alert for RSS chief's NYC event

Be vigilant, avoid confrontation: HAF's alert for RSS chief's NYC event

Rediff.com1 days ago

A US-based Hindu advocacy group, the Hindu American Foundation (HAF), has issued a community alert for attendees of RSS chief Mohan Bhagwat's event in New York. The alert advises attendees to avoid confrontation with opposing activists and to report any suspicious activity to law enforcement, amidst planned protests by groups like Hindus for Human Rights.

Stock Markets Today: Sensex, Nifty Decline Amid Rising Crude Oil Prices, West Asia Tensions

Stock Markets Today: Sensex, Nifty Decline Amid Rising Crude Oil Prices, West Asia Tensions

Rediff.com17 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty

Stock Markets Today: Sensex Jumps Over 500 Points, Nifty at 24K

Stock Markets Today: Sensex Jumps Over 500 Points, Nifty at 24K

Rediff.com20 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade, driven by a recovery in world markets due to easing US Treasury yields and fresh foreign fund inflows, halting a multi-day losing streak. Track Sensex, Nifty on August 20.

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Rediff.com18 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.

Stock Markets Today: Sensex, Nifty Open Higher as Crude Prices Drop

Stock Markets Today: Sensex, Nifty Open Higher as Crude Prices Drop

Rediff.com2 days ago

Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.

Geopolitical jitters, Iran sanctions weigh on Indian equities

Geopolitical jitters, Iran sanctions weigh on Indian equities

Rediff.com4 days ago

Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.

Indian IT Firms Spend $1.1 Billion To Strengthen STEM Pipeline In US

Indian IT Firms Spend $1.1 Billion To Strengthen STEM Pipeline In US

Rediff.com2 days ago

Nasscom said while the visa programme has been used by companies to address the skill gap in the US by bringing in foreign employees, the number of H-1B employees from Indian companies have come down substantially over the last decade.

TCS inks 1.25 billion Porsche deal, acquires German auto giant's IT unit MHP

TCS inks 1.25 billion Porsche deal, acquires German auto giant's IT unit MHP

Rediff.com3 days ago

Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.

Stock Markets Today: Sensex, Nifty in Red on Rising Crude Prices

Stock Markets Today: Sensex, Nifty in Red on Rising Crude Prices

Rediff.com19 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices and persistent geopolitical uncertainties, particularly following the expiry of the US-Iran ceasefire. Track Sensex, Nifty on August 19, 2026.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com13 hours ago

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

US Visa Pause Clouds Travel Plans

US Visa Pause Clouds Travel Plans

Rediff.com1 days ago

'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com4 days ago

N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.

Why Are Indian IT Firms Cutting H-1B Applications?

Why Are Indian IT Firms Cutting H-1B Applications?

Rediff.com7 days ago

Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.

SC seeks Centre's report on implementation of NEET reforms

SC seeks Centre's report on implementation of NEET reforms

Rediff.com19 Aug 2026

The Supreme Court has directed the Centre to submit an affidavit detailing the steps taken to implement the recommendations of the Radhakrishnan panel and the Nandan Nilekani committee for institutionalising reforms in the National Testing Agency (NTA) and improving NEET exam processes.

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Rediff.com24 Jul 2026

Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

Infosys Q1 Net Profit Up 12.2%, Lowers Full-Year Revenue Growth Forecast

Infosys Q1 Net Profit Up 12.2%, Lowers Full-Year Revenue Growth Forecast

Rediff.com23 Jul 2026

Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.

I-T portal 'largely stable' despite peak load, Infosys penalised for delays

I-T portal 'largely stable' despite peak load, Infosys penalised for delays

Rediff.com21 Jul 2026

The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.

After NEET fiasco, Nilekani to head task force on NTA exam reforms

After NEET fiasco, Nilekani to head task force on NTA exam reforms

Rediff.com26 Jul 2026

Prime Minister Narendra Modi has announced the formation of a high-powered task force, led by Infosys co-founder Nandan Nilekani, to recommend reforms for examinations conducted by the National Testing Agency (NTA). The task force aims to leverage technology for a robust and transparent examination system, following recent public agitation and the resignation of the Education Minister.

Nandan Nilekani: Why Small Businesses Will Drive India's Job Growth

Nandan Nilekani: Why Small Businesses Will Drive India's Job Growth

Rediff.com6 Aug 2026

Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.

Stock Markets Today: Sensex, Nifty Dip as Strait of Hormuz Tensions Keep Crude Prices High

Stock Markets Today: Sensex, Nifty Dip as Strait of Hormuz Tensions Keep Crude Prices High

Rediff.com13 Aug 2026

Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.

Indian Equities Surge for Fourth Day Amid Falling Crude, FII Inflows

Indian Equities Surge for Fourth Day Amid Falling Crude, FII Inflows

Rediff.com3 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, extended their winning streak to a fourth day, with Nifty surging 1.60 per cent, driven by a sharp decline in crude oil prices and renewed foreign fund inflows.

Stock Markets Today: Sensex, Nifty Surge; IT Stocks, HDFC Bank Lead Rally

Stock Markets Today: Sensex, Nifty Surge; IT Stocks, HDFC Bank Lead Rally

Rediff.com29 Jul 2026

Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, with the Sensex jumping 726 points and the Nifty climbing over 200 points, primarily driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows. Track Sensex, Nifty on July 29.

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Rediff.com13 Aug 2026

Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Rediff.com13 Aug 2026

Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.

Stock Markets Today: Sensex, Nifty Rise on Bajaj Finance Q1 result

Stock Markets Today: Sensex, Nifty Rise on Bajaj Finance Q1 result

Rediff.com31 Jul 2026

Indian benchmark indices, Sensex and Nifty, opened higher on Friday, primarily driven by a significant surge in Bajaj Finance shares following its strong Q1 FY27 earnings report, coupled with continued foreign fund inflows and a dip in crude oil prices. Track Sensex, Nifty on July 31.

Stock Markets Today: Sensex, Nifty climb in early trade

Stock Markets Today: Sensex, Nifty climb in early trade

Rediff.com28 Jul 2026

Indian benchmark indices Sensex and Nifty saw gains in early trade, driven by a decline in crude oil prices due to easing geopolitical tensions in West Asia and strong buying interest in the IT sector.

Weak FY27 guidance, AI fears weigh on Infosys

Weak FY27 guidance, AI fears weigh on Infosys

Rediff.com25 Apr 2026

Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.

14,000 sign petition for action against Priyanka's 'gau mutra expert' remark

14,000 sign petition for action against Priyanka's 'gau mutra expert' remark

Rediff.com13 Aug 2026

Over 14,000 members of the academic and scientific community have petitioned Lok Sabha Speaker Om Birla, seeking intervention against Congress MP Priyanka Gandhi Vadra's "gau mutra expert" remark concerning IIT Madras Director V Kamakoti during parliamentary proceedings. The petition calls for the withdrawal of the derogatory expression, arguing it undermines the dignity of an eminent scientist and the institution he leads, and urges for respectful democratic discourse.

Stock Markets Today: Sensex, Nifty Tumble as Crude Oil Breaches $100

Stock Markets Today: Sensex, Nifty Tumble as Crude Oil Breaches $100

Rediff.com24 Jul 2026

Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, with the Sensex falling over 500 points and the Nifty over 150 points, as Brent crude oil prices surged past USD 100 per barrel due to escalating geopolitical tensions in the West Asia. track sensex, Nifty on July 24.

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Rediff.com10 Aug 2026

Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.

Stock Markets Today: Sensex, Nifty Decline as Geopolitical Tensions Push Crude Oil Prices Higher

Stock Markets Today: Sensex, Nifty Decline as Geopolitical Tensions Push Crude Oil Prices Higher

Rediff.com11 Aug 2026

Indian benchmark indices Sensex and Nifty saw declines in early trade, influenced by elevated crude oil prices stemming from renewed geopolitical uncertainties, particularly concerns surrounding the Strait of Hormuz. Track Sensex, Nifty on August 11, 2026.

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

Rediff.com10 Aug 2026

Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.

Stock Markets Today: Sensex, Nifty Dip as Geopolitical Tensions Fuel Crude Price Surge

Stock Markets Today: Sensex, Nifty Dip as Geopolitical Tensions Fuel Crude Price Surge

Rediff.com10 Aug 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant spike in crude oil prices, driven by escalating geopolitical uncertainties, despite positive cues from Asian and US markets.