News for 'Infosys'

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Rediff.com8 Sep 2026

Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.

Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets

Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets

Rediff.com2 days ago

Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.

Nilekani, Kamath brothers among prominent names in K'taka SIR notice list

Nilekani, Kamath brothers among prominent names in K'taka SIR notice list

Rediff.com7 days ago

Prominent individuals, including Infosys co-founder Nandan Nilekani and Zerodha founders Nithin and Nikhil Kamath, have appeared on a notice list during Karnataka's Special Intensive Revision (SIR) of electoral rolls due to various discrepancies. Authorities clarify that these notices are part of a verification process and officials will assist in resolving the issues without inconveniencing the individuals, also debunking reports about CM D K Shivakumar's mother receiving a notice.

Stock Markets Today: Sensex, Nifty Gain as Global Markets Rise, Crude Prices Ease

Stock Markets Today: Sensex, Nifty Gain as Global Markets Rise, Crude Prices Ease

Rediff.com1 hour ago

Indian benchmark equity indices, Sensex and Nifty, rallied in early trade, driven by positive global market trends and easing crude oil prices, despite the US Federal Reserve's hawkish stance tempering overall sentiment. Track Sensex, Nifty on September 18.

Stock Markets Today: Sensex, Nifty Tumble as Crude Nears $100/barrel

Stock Markets Today: Sensex, Nifty Tumble as Crude Nears $100/barrel

Rediff.com9 Sep 2026

Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com9 Sep 2026

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

Value Buying Fuels Market Rebound: Sensex Climbs 333 Pts, Nifty Above 23,200

Value Buying Fuels Market Rebound: Sensex Climbs 333 Pts, Nifty Above 23,200

Rediff.com1 days ago

Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by value buying in banking stocks and select heavyweight counters, with the Sensex climbing 332.63 points and the Nifty ending above 23,200.

Stock Markets Today: Sensex Slips After Opening higher, Nifty Flat

Stock Markets Today: Sensex Slips After Opening higher, Nifty Flat

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, traded marginally higher in early trade despite the US Federal Reserve's recent rate hike and indications of further tightening, with the National Stock Exchange's much-anticipated Rs 22,569-crore IPO also opening for subscription.

Nandan Nilekani calls for population-scale tokenisation infrastructure in India

Nandan Nilekani calls for population-scale tokenisation infrastructure in India

Rediff.com6 days ago

Infosys Chairman Nandan Nilekani stressed the need for India to develop population-scale tokenisation infrastructure capable of handling billions of transactions, rather than merely focusing on issuing tokens. He highlighted the importance of interoperability, liquidity, and high volumes for tokenisation to expand across various asset classes and use cases.

India's AI Professionals Redefine Workflows, Outpacing Global Peers

India's AI Professionals Redefine Workflows, Outpacing Global Peers

Rediff.com3 Sep 2026

A Microsoft Work Trend Index report reveals India has the highest share of "Frontier Professionals" globally, with 32% of its AI users employing AI agents in multi-step workflows, double the global average. Indian professionals are not just adopting AI but are actively redesigning work processes, demonstrating strong leadership alignment and a focus on human oversight and critical thinking. Major Indian IT firms like Infosys, TCS, and Wipro show rapid adoption and significant productivity gains with Microsoft 365 Copilot.

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Rediff.com4 Sep 2026

Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.

West Asia Tensions, Soaring Oil Prices Drag Sensex to 3-Month Low

West Asia Tensions, Soaring Oil Prices Drag Sensex to 3-Month Low

Rediff.com9 Sep 2026

The benchmark Sensex plummeted 813 points to a three-month low, with the Nifty settling below 23,450, as escalating tensions in West Asia drove crude oil prices above USD 100 per barrel, leading to widespread selling in IT, FMCG, financial services, and oil & gas shares.

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Rediff.com6 days ago

Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.

Stock Markets Today: Sensex, Nifty Sink as Brent Breaches $108/barrel

Stock Markets Today: Sensex, Nifty Sink as Brent Breaches $108/barrel

Rediff.com7 days ago

Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.

Stock Markets Today: Sensex, Nifty Flat in Early Trade; Oil Above $100

Stock Markets Today: Sensex, Nifty Flat in Early Trade; Oil Above $100

Rediff.com10 Sep 2026

Indian benchmark indices, Sensex and Nifty, traded flat in early deals due to elevated crude oil prices exceeding USD 100 per barrel and persistent geopolitical tensions, which subdued investor risk appetite.

Stock Markets Today: Sensex, Nifty Dip as West Asia Conflict, US Rate Hike Concerns Weigh

Stock Markets Today: Sensex, Nifty Dip as West Asia Conflict, US Rate Hike Concerns Weigh

Rediff.com7 Sep 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices, escalating US-Iran hostilities, and renewed concerns over a potential US interest rate hike.

How UPI Rewired India's Money Story

How UPI Rewired India's Money Story

Rediff.com20 hours ago

Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.

Infosys arm chief Lax Gopisetty missing in Nepal flash-floods

Infosys arm chief Lax Gopisetty missing in Nepal flash-floods

Rediff.com29 Aug 2026

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.

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.

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

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

Rediff.com24 Aug 2026

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 Dip on Renewed West Asia Tensions, rising crude

Stock Markets Today: Sensex, Nifty Dip on Renewed West Asia Tensions, rising crude

Rediff.com31 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to renewed tensions in West Asia, which led to a rebound in crude oil prices, coupled with weak global market trends and foreign fund outflows.

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

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

Rediff.com28 Aug 2026

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.

Why Pay Hikes Remain Muted

Why Pay Hikes Remain Muted

Rediff.com31 Aug 2026

Surging growth in sales by companies hasn't translated into higher salaries just yet.

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

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

Rediff.com27 Aug 2026

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.com26 Aug 2026

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 Equities Extend Losses as West Asia Tensions Fuel Oil Price Hike

Indian Equities Extend Losses as West Asia Tensions Fuel Oil Price Hike

Rediff.com2 Sep 2026

Indian stock markets, including the Sensex and Nifty, experienced their third consecutive day of declines, driven by a global selloff, escalating tensions in West Asia, and a subsequent rise in crude oil prices.

'Will cost you dearly': Rijiju warns New York protesters over Indian flag desecration

'Will cost you dearly': Rijiju warns New York protesters over Indian flag desecration

Rediff.com31 Aug 2026

Union Minister Kiren Rijiju strongly condemned the alleged desecration of the Indian flag and pro-Khalistan slogans by protesters outside Madison Square Garden in New York, where RSS chief Mohan Bhagwat addressed the Indian-American community. Rijiju warned against insulting the nation and its flag, while Bhagwat spoke on unity in diversity.

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.com21 Aug 2026

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.

Global headwinds push Indian markets marginally lower as oil prices surge

Global headwinds push Indian markets marginally lower as oil prices surge

Rediff.com1 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.

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, Nifty Gain on Bank Stocks, Global Cues

Stock Markets Today: Sensex, Nifty Gain on Bank Stocks, Global Cues

Rediff.com3 Sep 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after a three-day slide, driven by strong buying in blue-chip bank stocks and a firm trend in global markets, supported by easing US bond yields and record foreign-currency deposit inflows.

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.com27 Aug 2026

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 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.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com1 Sep 2026

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'

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

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

Rediff.com26 Aug 2026

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.