I used to be in office at 6:20 am: Narayana Murthy
New Delhi, Dec 9 (IANS) After triggering a massive debate over his statement that youth should work 70 hours a week, Infosys (NS:INFY) founder N.R. Narayana Murthy has said that he used...
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'Toughen up': Indian-origin billionaire backs Narayana Murthy's 70-hr work week advice
New Delhi, Dec 4 (IANS) Indian-American businessman and co-founder of Sun Microsystems, Vinod Khosla has backed Infosys (NS:INFY) founder NR Narayana Murthy's suggestion that India's youth...
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We will end up with 5-day work week: Shashi Tharoor
New Delhi, Nov 27 (IANS) Congress leader Shashi Tharoor has weighed in on remarks made by Microsoft (NASDAQ:MSFT) co-founder Bill Gates and Infosys (NS:INFY) founder Narayana Murthy on...
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Nifty 50 index is shining: here are the top constituents in 2023
The Nifty 50 index has done well in 2023 as demand for Indian shares has risen. The index was trading at ₹19,800 on Thursday, higher than the October low of ₹18,840. In all, it has jumped...
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Spending $1 bn annually can help train STEM teachers in India: Murthy
New Delhi, Nov 15 (IANS) Infosys (NS:INFY) founder NR Narayana Murthy on Wednesday called out the need for spending $1 billion annually to train teachers in science, technology,...
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Investors expect markets to continue rising though not at the same pace, say analysts
New Delhi, Nov 12 (IANS) Indian indices rose in the Muhurat trading session in-line with most such sessions in the past, helped also by positive global cues. After a great year for broader...
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Market valuation of top Indian firms sees mixed results amid global economic shifts
In a week marked by the dynamic interplay of market forces and investor sentiment, India's corporate sector presented a mixed bag in terms of market capitalization. While the BSE benchmark...
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Reliance Industries leads as nine of India's top firms see market value surge
In a week marked by a positive trend in equities and a 0.91% increase in the BSE benchmark, nine of India's top-10 most-valued firms experienced a significant surge in their combined market...
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'I had luck in life, I must give back': Murthy's reply to Truecaller CEO's question
New Delhi, Nov 4 (IANS) The co-founder and CEO of Truecaller, Alan Mamedi, in a post on X, revealed that when he first met Infosys (NS:INFY) founder Narayan Murthy eight years back, he had...
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LIC shifts focus to IT firms and HDFC Bank, reduces stakes in other banks
India's largest institutional investor, Life Insurance Corporation (NS:LIFI) (LIC), has adjusted its portfolio, reflecting a shift towards information technology companies and select banks...
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Nifty 50 firms post strong Q2 results, led by cyclicals
A total of 29 Nifty 50 companies have reported their Q2FY24 earnings, showcasing a robust 35% increase in consolidated net profit and over 9% rise in gross sales year-over-year (YoY). The...
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'He has worked 80 to 90 hrs a week': Sudha Murty defends husband
New Delhi, Oct 30 (IANS) Defending Infosys (NS:INFY) founder N. R. Narayana Murthy's recent comment that Indian youth should work for 70 hours a week to boost the country’s overall...
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70-hr work per week: Docs point out risk of heart attack, stress, autistic kids
New Delhi, Oct 28 (IANS) Amid Infosys (NS:INFY) founder Narayana Murthy's advice to youngsters in India, urging them to work 70 hours a week, several doctors across the country informed...
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‘Youngsters should work 70 hours a week’: Narayana Murthy
New Delhi, Oct 26 (IANS) Infosys (NS:INFY) founder NR Narayana Murthy, in a conversation with Padma Shri Awardee and Chairman of Aarin Capital, T.V. Mohandas Pai on the first episode of...
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IT majors interim dividend: Infosys leads in terms of quantum per share but lags by percentage
Chennai, Oct 17 (IANS) Software major Infosys Ltd (NS:INFY) has been gradually increasing the quantum interim dividend to its shareholders over the years.Announcing the second quarter...
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Earnings call: Infosys Reports Strong Q2 FY24 Performance; Revises Revenue Growth Guidance
Infosys Limited (NSE: NS:INFY) reported robust performance for the second quarter of FY24, with a sequential growth of 2.3% and a year-on-year increase of 2.5% in constant currency...
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Top Indian IT companies face headcount drop by over 16K as hiring slows down
New Delhi, Oct 13 (IANS) IT majors Tata Consultancy Services (NS:TCS), Infosys (NS:INFY) and HCLTech cumulatively saw their headcount drop by more than 16,000 in the second quarter of...
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Infosys dividend announcement boosts Akshata Murty's wealth
Akshata Murty, a significant shareholder in Infosys (NS:INFY), is poised for a substantial wealth increase as the company announced an Rs 18 ($1 = Rs 83.2) interim dividend per share for...
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Results of IT majors struggling with weak numbers impacting market
New Delhi, Oct 13 (IANS) The market is likely to be weighed by results of IT majors which are struggling with weak numbers on revenue guidance for FY24 and lack of clarity on growth...
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Infosys shares fall despite Q2 profit rise and strong order book
Shares of Infosys (NS:INFY) fell over 4% in early trade this Friday, reacting to the company's revised revenue guidance for FY24. The tech giant lowered its revenue projections from...
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Infosys shares decline after Q2 results; trims FY24 revenue growth projection
Shares of Infosys (NS:INFY), a global leader in next-generation digital services and consulting, faced a significant decline in both U.S. and Indian markets following the company's Q2...
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Infosys slips below Hindustan Unilever in market cap after Q2 guidance cut
Infosys (NS:INFY)' market capitalization fell over 4% on Friday, following a second-quarter guidance cut, causing the IT firm to slip below Hindustan Unilever (LON:ULVR) Ltd (HUL) in...
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Infosys extends Temasek JV, while HCLTech records high bookings
In the midst of the ongoing market fluctuations, notable movements were observed within the technology sector. Infosys (NS:INFY) extended its joint venture with Temasek for an additional...
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Infosys Shares Plunge Despite Robust Q2 Earnings, Cuts Growth Forecast
Shares of Indian IT consultancy Infosys Ltd. (NYSE: NS:INFY) experienced a significant 7.3% drop on Thursday, marking its worst one-day performance, despite reporting a Q2 net income of...
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Infosys ADRS Slide 6% After Revenue Growth Guidance Cut
On Thursday, Infosys (NS:INFY)' American Depository Receipts (ADRs) witnessed a 6% drop following the company's decision to cut its revenue growth guidance. The software giant attributed...
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Infosys Q2 Revenue Exceeds Estimates, Trims FY24 Outlook
Infosys (NS:INFY), the global digital services and consulting leader, reported its Q2 revenues on Thursday, showing robust growth despite an uncertain macro-environment. The company's...
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Infosys logs Rs 6,212 cr profit for Q2, declares interim dividend of Rs 18
Chennai, Oct 12 (IANS) Information technology (IT) major Infosys (NS:INFY) announced on Thursday that it closed the second quarter of FY24 with higher revenue and net profit.The company...
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Accenture holds off on salary hikes for 2023 amid IT sector challenges
Facing a challenging environment in the IT sector, Accenture (NYSE:ACN) has announced it will not offer salary increases in 2023 to its more than 300,000 professionals in India and Sri...
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Reliance Industries, Tata Consumer, Others Expected to Rebound Despite Underperformance
In the wake of an 11% rally in the Nifty index and a surge of around 29% in the Nifty Midcap 100 and Smallcap 250, a range of large-cap stocks that have been underperforming are predicted to...
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Sensex regains 66k mark
New Delhi, Oct 10 (IANS) The BSE Sensex crossed the 66,000 mark during trade on Tuesday with a gain of 559 points.Sensex is trading at 66,072 points on all round buying in heavyweight...
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India’s services exports go up 8.4% to $28.72 bn in August
Mumbai, Oct 3 (IANS) India's services exports went up by 8.4 per cent to $28.72 billion in August this year over the same month of the previous year, while imports fell 0.8 per cent to...
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IT services growth rate is among the slowest over last decade
New Delhi, Oct 3 (IANS) The growth of the IT services industry is expected to remain weak in 2QFY24, as macroeconomic uncertainty continues to weigh on discretionary spending, as per a...
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Time to cool heat in our relations, says Indian envoy at Toronto event
Toronto, Oct 1 (IANS) The current tensions between Canada and India has cast their shadow on this year’s biggest Indo-Canadian awards night when Sudha Murty, wife of Infosys (NS:INFY)...
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Sudha Murty, the first woman to get Global Indian Award
Toronto, Oct 1 (IANS) Renowned author, philanthropist and wife of Infosys (NS:INFY) co-founder N. R. Narayana Murty, Sudha Murty, was conferred with the Global Indian Award by the Canada...
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