For fiscal year FY24, the IT giant has set a revenue growth target of 4-7 percent. This marks the first time since FY18 that the company's revenue is expected to fall within this guided range.

Parekhs compensation included Rs 30.6 crore in stock options as he exercised 1,24,783 stock units under the 2015 stock option plan and 73,962 units under the 2019 plan during the last fiscal.

Artificial intelligence (AI) technology should be regulated to ensure effective adoption and impact, Rajan Mittal, vice chairman, Bharti Enterprises said Friday.

From the Sensex pack, Tata Steel, Maruti, M&M, Sun Pharma, L&T, and Bharti Airtel closed higher, while Infosys, Wipro, HCL Tech, TCS, and IndusInd Bank ended in the red.

Shares of Infosys, IndusInd Bank, Mahindra CIE Automotive, Havells India, JSW Energy, Page Industries and Steelcast will trade ex-dividend on June 4th. Infosys has proposed a final dividend of INR17.50 per equity share and IndusInd Bank has recommended a final dividend of INR14 per equity share for FY23. Steelcast has announced a special dividend of INR3.15 per equity share and Page Industries announced an interim dividend of INR60 per equity share. When a company trades ex-dividend, its stock does not carry the value of the next dividend payment.

The Infosys board had declared a final dividend of Rs 17.50 a share, taking the total dividend payout to Rs 34 a share for FY23

Infosys and IndusInd Bank's shares traded ex-dividend on Friday after the companies recommended a final dividend of Rs 17.50 and Rs 14 per equity share, respectively. The record date for both companies is June 2. The final dividend for Infosys will be paid on July 3 while IndusInd bank awaits shareholders' approval at the annual general meeting. Infosys' equity dividend in the past 12 months was Rs 16.50 per share, resulting in a dividend yield of 1.25%. IndusInd Bank profit increased by 50% to Rs 2,040 crore for the March quarter.

Shares of Infosys and IndusInd Bank went ex-dividend on Friday. Infosys declared a final dividend of Rs 17.50 per equity share for the FY ended March 31, to be paid on July 3. IndusInd Bank has fixed June 2 as the record date for its recommended dividend of Rs 14 per equity share. In the past 12 months, Infosys declared a dividend of Rs 16.50 per share, resulting in a dividend yield of 1.25%. IndusInd Bank's net profit for the March quarter rose by 50% YoY to Rs 2,040 crore, and net interest income rose by 17% to Rs 4,669 crore.

In the backdrop of the flooding in Bengaluru during the monsoon season last year, the Bruhat Bengaluru Mahanagara Palike (BBMP), the civic body, is on the verge of an agreement with IISc Bangalore to create a model to predict an area's susceptibility to flooding for the city, sources in the BBMP told ET.

"I think with the larger size of the opportunities, the scale itself becomes much larger, much larger. So, today is actually probably the best time in the history of modern India that you should be out there investing because a $3 trillion economy will grow. You will simply add $150-200 billion in GDP every year, which used to be the GDP when I entered the market, just the scale is massive. Nothing is lost. It is not too late. Get in now."

Technology giant TCS and India's most valuable company Reliance Industries have topped the list of the country's most valuable brands, according to Interbrand, the renowned global brand consultancy. Tata Consultancy Services (TCS) topped the 2023 50 Most Valuable Indian Brands list with a brand value of Rs 1.09 lakh crore.

Amazons 10th anniversary in India coincides with the ecommerce behemoth cutting costs, laying off thousands of employees, shuttering non-performing experiments and resetting its overall business globally.

India's tier-1 IT firms have a high correlation to S&P500 revenue growth, which is expected to decelerate over the next two quarters

Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 550555.40 Crore) operating in IT Software sector.

From the Sensex pack, ITC, Bajaj Finserv, Kotak Bank, and Bajaj Finance were the top gainers, rising 1-2%. Axis Bank, HCL Tech, Wipro, UltraTech Cement, and Maruti also closed with gains. On the flip side, Tata Steel, Tech Mahindra, Sun Pharma, Nestle, L&T, and SBI closed with losses.

​So maybe I am not a very big fan of buying commodities because commodity assumes a bigger amount of cycles. But I feel that I think when given opportunity corrected prices I think if the stocks are available in the course of its journey, probably one could buy them at lows.

Top four IT majors, Tata Consultancy Services (TCS), Infosys, HCLTech and Wipro, added 80 large clients which are classified as deals in the $10 million to $100 million range in the fiscal ending 2023 versus 132 clients in FY22, according to ETs analysis.

LaundryMate claimed that it has built Indias largest laundry facility in Bengaluru, which has a capacity to process 65,000 garments per day, with machines from Belgium, Italy, Turkey, the US and Dubai, and a water treatment and recycling solution imported from the Netherlands.

ITC, Infosys and SBI will trade ex-dividend this week. ITC's board recommended a final dividend of Rs 6.75 and a special dividend of Rs 2.75 per equity share. SBI declared a dividend of Rs 11.30 per equity share and the payment date is fixed on June 14. On the other hand, Infosys has announced to pay a final dividend of Rs 17.50 per equity share. The record dates for the dividend payments have also been announced.

Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 548460.38 Crore) operating in IT Software sector.

From the Sensex pack, NTPC, HCL Tech, Infosys, Tech Mahindra, Wipro and Reliance opened with gains, while Sun Pharma, IndusInd Bank, Power Grid, Axis Bank, and ICICI Bank were trading with cuts.

The DoT is of the view that it won't be feasible to directly allot spectrum to enterprises for private networks under the present legal framework, according to officials aware of the details.

On Thursday, when the NSE's May contracts expired, traders cut their bearish bets and carried forward bullish positions, helping the benchmark indices eke out gains in a late rally after trading lower for most of the trading session.

The market breadth was skewed in the favour of the bulls. About 1,877 stocks gained, 1,616 declined, and 118 remained unchanged on the BSE.

Market expert Dilip Bhat advises buying IT stocks, citing companies such as Infosys, TCS and Tech Mahindra as noteworthy, as companies are well managed, offer high EBITDA conversion rates into free cash and strong payouts. Bhat also believes that despite offering potential for solid returns, the banking sector may not offer significantly great returns from current levels so do not expect to make a large amount of money, but holding onto banking stocks will provide resilience for the overall portfolio.

Digital capital or information collateral, as in the case of the Account Aggregator model, lays the foundation of increased formalisation of the economy, Infosys cofounder and non-executive chairman Nandan Nilekani said on Wednesday.

​​Chandrasekhar, who is the Minister of State for IT and Electronics, said the world of technology will continue to disrupt and shift, and added that constant innovation is the only real solution for longevity of ventures in an unending world of change and disruption.

From the Sensex pack, Sun Pharma, Titan, ITC, IndusInd Bank, Tech Mahindra and Power Grid were the top gainers, while Infosys, Nestle, Kotak Bank, HUL, Tata Steel closed lower.

The money manager of billionaire Infosys Ltd. founder Narayana Murthy will hire professionals and double its $1 billion in investments in the next five years, betting India will emerge as a high-quality manufacturing hub.

Infosys Topaz leverages Infosys applied AI framework and the Infosys Cobalt cloud.

​The greater the lag effects on the US economy of the Fed's restrictive policy and henceforth, the more aggressive Fed's eventual policy shift towards easing which is what markets are pricing in at the moment.

​Now Siemens had actually outsourced a lot of its manufacturing and what we hear from the market is a lot of their vendors are themselves copying the Siemens technology and selling it as this is Siemens' product so you can buy it at a cheaper price than us.

The man allegedly slipped and fell in the drain. His body was found 5km away from the spot, newswire agency ANI reported today.

Most sectoral indices were trading in the green zone with IT stocks leading the upside. LTIMindtree, Mphasis, Infosys, LTTS, Wipro and Tech Mahindra were all up around 1% each, tracking the recent upside seen in Nasdaq.

The Indian market may remain stable on Monday, keeping in line with the mixed global cues. The S&P BSE Sensex increased by 300 points on Friday, and Nifty50 finished over the 18,200 level. India VIX descended by 3.91% from 12.79 to 12.30 levels, reducing the volatility and aiding the market. Options data shows the maximum Call OI at 18,200, and the maximum Put OI at 18,200. The experts suggest a broad trading range between 17,900 to 18,400 zones and an immediate trading range between 18,050 to 18,350 zones.

The move to impose a 20% tax collected at source (TCS) on credit card purchases for international transactions, and the inclusion of credit card transactions in tax categories will have an impact on ordinary consumers, not just the rich, says international tax expert TP Ostwal. He added that the significant annual amount spent on foreign travel makes the implementation of this tax burdensome and added a potential extra layer of compliance for banks and the financial sector. Ostwal suggested that any changes should focus on clarifications around existing rules and the imposition of a 5% tax on selected transactions.

We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

The underlying business and economic processes feed growth back into the input, enhancing growth further. Thats the actual meaning of the term compounding when applied to investments and growth.

Bhanurekha K, who worked at Infosys, was trapped in a flooded underpass at KR circle in a car with a few other people. While everyone was rescued and rushed to St. Martha's hospital, Bhanurekha did not survive.