Investors in India's information technology (IT) companies are likely in for more pain ahead as muted earnings for the first quarter of 2025-26 (Q1FY26) play spoilsport at the bourses in the worst-performing sector this year amid macro uncertainties. Investors, analysts suggest, can look for better opportunities in the markets as things stand.
Infosys Technologies and Reliance Industries have emerged as 'India's most respected companies' in a survey conducted by IMRB International, based on a nationwide peer-perception survey.
Software major Infosys Technologies Ltd has been felicitated by Sun Microsystems Inc with the "Strategic Partner Award" at their annual Asia Pacific International Software Vendor Summit.
Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.
Some major contracts coming up for renewal include TCS' deals with Star Alliance, a consortium of airlines based in Germany, and Nielsen; Infosys' deals with GE Appliances and Daimler; HCLTech's with UK-based life insurer Chesnara; Wipro's with German electric utility company E.ON and Petrobras of Brazil; and Tech Mahindra's with Circle Health.
Infosys Technologies on Tuesday announced that Finacle universal banking solution has achieved the highest scalability and transactions throughput per second of 11,180 in online mode and 19,568 TPS in batch mode.
Infosys Technologies has drawn up mega expansion plans for its subsidiary in China to build up service delivery capabilities and serve the local market.
Infosys Technologies has been inducted into the Global Most Admired Knowledge Enterprises (MAKE) Hall of Fame.
India's second largest software exporter, Infosys Technologies on Thursday announced it would set up two software development centres in China with a total investment of $65 million in the next five years.\n\n
The project is supported by the Department of Jobs through IDA Ireland.
Among the Sensex pack, HCL Technologies, ICICI Bank, Tata Motors, Sun Pharmaceuticals, Tata Consultancy Services, Infosys, Kotak Mahindra Bank and Mahindra and Mahindra were the gainers. In contrast, HDFC Bank, Bajaj Finance, Larsen & Toubro, Tech Mahindra, UltraTech Cement and IndusInd Bank were among the laggards.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
'Keeping a bench increases cost. If you keep a bench, the skills may not remain relevant.' 'In the future, bench strength will literally be zero.'
Infosys Technologies Ltd allotted 4059 equity shares under an employee stock option plan.
Infosys is likely to continue on a high-growth path. As the company moves up the value chain, due to higher billing rates earned, revenues are expected to grow.
The subsidiary, Infosys Technologies S. De RL De CV, will provide business consulting and information technology services for clients in all industries
Take the rediff business quiz and see how much you know about Indian IT major Infosys Technologies.
For the third year, the Wharton Infosys Business Transformation Awards will 'salute' corporations and leaders who bring about real, lasting change through information technology, an Infosys statement said.\n\n\n\n
Software services major Infosys Technologies on Wednesday said its cash and cash equivalents stood at over $2 billion at the end of last fiscal in spite of credit crisis worldwide.
Software services firm Infosys Technologies has imposed a fine on its chief executive officer S 'Kris' Gopalakrishnan and an independent director Jeffrey Sean Lehman for violating company rules.
Infosys, which is sitting on a cash pile of over $3 billion, has met criticism from investors and analysts as rivals like Tata Consultancy Services and Wipro have boosted their businesses with multiple acquisitions.
Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.
There is lot of mutual respect among the founders of Infosys. We have similar value systems. We have a long-term view of the business. We want to create a respected institution, says S Gopalakrishnan, President, Infosys.
Cognizant has said it aims to be back among India's top four IT services companies by 2027 by improving revenue, market share, bagging large deals, and gradual margin expansion. The Nasdaq-listed company does a major part of its business in India, but has trailed peers such as Tata Consultancy Services and Accenture over the last few years as growth tapered, margins squeezed, and attrition soared.
For the first time ever, India's second largest software exporter Infosys Technologies would aggressively scout for talent in US universities, from where it would hire 300 fresh graduates.
The partnership would develop Nvidia Cuda (Compute Unified Device Architecture) Technology-enabled software solutions.
'Our phones are taken away as we enter the room.' 'They are just asking us to sign without any discussion. If you ask for a discussion, they say, 'Sign first'.'
Infosys Technologies has been ranked number one in the 3Q03 Professional Services Business Quarterly Benchmark by Technology Business Research Inc.
Among public sector banks, Infosys has kept the majority of its deposits with Punjab National Bank.
S Gopalakrishnan's passion for gizmos goes beyond BlackBerrys and iPods. The Infosys head says, he likes to "play around with new technology".
Indian-origin tech companies cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H-1B visas issued to different employers, about 24,766 visas were issued to Indian-origin companies.
Infosys Technologies, India's second largest information technology services firm, has discontinued some of its loan schemes for employees.
On key parameters, TCS appears to be on a better wicket.
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