Tag: Infosys

In Graphics: Post-dated clearing of cheques is history

Economy
The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET takes a look back at how cheques have evolved over...

Currency watch: Rupee rises 7 paise to 88.72 against dollar; domestic markets and crude oil support gains

Business
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex...

Explained: 8 reasons why companies do share buybacks and what it means to investors

Stocks
Infosys’ board meeting on Thursday to consider a share buyback proposal has infused fresh life into the stock, which has rallied 7% in...

Sensex up over 250 pts, Nifty50 above 24,850 on Infosys buyback plans, banks rally

Stocks
Indian benchmark indices Sensex and Nifty opened higher on Tuesday, powered by gains in Infosys after the nation’s No. 2 IT services firm...

M-cap of 6 of top 10 most-valued firms erodes by Rs 1.36 lakh crore; RIL hit hard

Stocks
The combined market valuation of six of the top 10 valued firms eroded by Rs 1,36,151.24 crore last week, with Reliance Industries taking...

Explained: Why TCS firing 12,000 employees may be a canary in the mine and what it means for investors

Stocks
When Mark Zuckerberg announced in November 2022 that Meta would slash its workforce by 13% and lay off around 13,000 employees, shareholders celebrated...

Infosys, Wipro and other IT stocks fall up to 3% after TCS Q1 earnings disappoint on revenue quality

Stocks
Shares of Indian IT majors slumped up to 3% on Friday, with Tata Consultancy Services (TCS), Infosys, and Wipro leading sectoral losses after...

M-cap of 6 of top 10 most valued firms drops by Rs 70,325 crore; HDFC, ICICI Bank top drags

Stocks
The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI...

Infosys, DLF & more: Top stocks on broker’ radar on May 21

Business
Nomura has a buy on Infosyswith the target price at Rs 1,720. Analysts said that at the meeting with the company’s...

Market Wrap: Financials, IT stocks drag D-Street lower; Sensex sheds 200 pts, Nifty below 25,100

Stocks
Indian benchmark indices ended lower on Friday, weighed down by a pull-back in heavy-weight financial and information technology stocks following a rally earlier...

Stocks in news: Stocks in news: ICICI Bank, HDFC Bank, Infosys, Tata Investment, Gensol Engineering, IndiGo

Stocks
Domestic markets witnessed a robust recovery and surged over 4.5% in the holiday-shortened week, driven by favorable cues from both domestic and global...

Wipro likely to stay in slow lane amid challenging business scenario

Stocks
Wipro’s fourth quarter performance, weak on key parameters, resonates the sector wide slack amid delayed ramp ups of large, multi-year transformational projects. Global...

Nifty today: Pre-market action: Here’s the trade setup for today’s session

Stocks
Despite global trade uncertainties, Nifty held on to its gains to close the last week stronger. Analysts expect the Indian markets to remain...

market valuation: 5 of top 10 valued firms add Rs 84,559 crore in valuation last week; HUL major gainer

Stocks
New Delhi, The combined market valuation of five of the top-10 valued firms surged Rs 84,559.01 crore in a holiday-shortened last week, with...
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