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The Latest Breaking News from Infosys

Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why

IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.

The Economic Times

Infosys, TCS and other IT stocks slide for third straight session as AI worries mount

Indian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted client spending and rising concerns over AI-driven disruption. The Nifty IT index fell sharply, with major names including Infosys and Tata Consultancy Services sliding on cautious guidance and deflationary headwinds.

The Economic Times

ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?

Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprises. This move, alongside a similar initiative by Anthropic, threatens the traditional service integration model of Indian IT giants. The market reaction highlights concerns over AI's disruptive potential and existing…

The Economic Times

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Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in April

Mutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reductions were observed in Wipro, HDFC Bank, and Hindalco Industries across large, mid, and smallcap segments. This active portfolio management reflects ongoing strategic shifts by fund managers.

The Economic Times

Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?

Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff followed OpenAI’s launch of its Deployment Company, renewing fears of accelerated AI-led disruption. Weak sentiment persisted despite a record-high Wall Street rally and a weaker rupee.

The Economic Times

Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claim

The Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an employee's PF funds. Despite the EPFO's claims of technical difficulties, the commission found an inordinate and unexplained delay, amounting to deficiency in service. The EPFO was directed to…

The Economic Times

After Debate on 70-Hour Workweek, Narayana Murthy Urges Indian Youth to Prepare for AI Future

📍 New Delhi, India - After his remarks on a 70-hour workweek sparked nationwide debate, Infosys co-founder N. R. Narayana Murthy has turned his attention to a topic far bigger: artificial intelligence and the future of work. His message to young Indians isn’t fear-mongering, but preparation. Murthy’s recent comments come…

Times Life

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Why Sundar Pichai, Satya Nadella and Shantanu Narayen Built Their Careers Outside India

When Indians see familiar names leading companies like Google, Microsoft and Adobe, pride feels natural. These leaders were educated in Indian institutions, shaped by Indian classrooms and mentors. Yet their rise to the top happened thousands of miles away. To understand why, we must look not at emotion, but at…

Times Life

As Infosys Links Up With Anthropic, Should You Buy INFY Stock?

Infosys stock inches higher on a partnership with Anthropic. Here’s why the announcement warrants buying INFY stock today.

Barchart

Cognizant, Infosys employed highest number of H-1Bs in Texas since 2020, claims report amid major crackdown

At a time when the Texas government has aggressively taken up the issue of H-1B visa holders allegedly stealing American jobs, a report by Dallas Express claimed that two Indian IT conglomerates, Cognizant and Infosys, are the top employers of H-1B visa holders in the state since 2020. The data…

The Times of India

With CTO Rahul Patil, Claude takes a deep breath and blows SaaS away

Anthropic's latest Claude AI, driven by CTO Rahul Patil's focus on cost-effective infrastructure, has disrupted the software services market. By offering industry-specific plugins that perform entire workflows, Claude now acts as a digital worker, bypassing traditional software middlemen and erasing billions in market value. This shift, dubbed the 'Patil effect,'…

The Times of India

Taking a swing: Aussie Open serves AI insights to fans

Tennis-talking robots, virtual reality matches and an innovation to let visually impaired fans follow the action are being tested at the Australian Open.

AAP

Infosys co-founder once again calls for longer than 70-hour weeks - and no, he's not joking

Infosys co-founder Narayana Murthy advocates 72-hour work weeks, despite global studies showing shorter schedules improve productivity and employee wellbeing.

TechRadar

Infosys Wins $1.6 Billion UK Healthcare Deal To Modernize Workforce Platform

Infosys Limited (NYSE:INFY) on Tuesday announced that it has been awarded a £1.2 billion ($1.59 billion), 15-year contract by the NHS Business Services Authority (NHSBSA) to deliver the Future NHS Workforce Solution.

Benzinga

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Benzinga

Infosys And Salesforce Accelerate Agentic AI For Businesses

Infosys Ltd. (NYSE:INFY) has launched the Infosys Customer Experience Suite for Salesforce, Inc. (NYSE:CRM), a set of solutions aimed at helping enterprises scale their digital workforce and improve customer interactions. The suite builds on Infosys’ long-standing collaboration with Salesforce and focuses on its Agentforce offerings for process automation and AI-driven…

Evening Standard

Starmer eyes expansion of digital ID system to manage public services

The Prime Minister is on a trade mission to Mumbai.

The Guardian - UK

Keir Starmer to look at India’s digital ID system during visit to Mumbai

Prime minister hopes to learn from success of scheme rolled out to most of country’s 1.4bn citizens

Benzinga

Telenor Taps Infosys For HR Makeover On Oracle Cloud

Infosys Ltd. (NYSE:INFY) announced a partnership with Telenor Shared Services (TSS) to deploy Oracle (NYSE:ORCL) Cloud Human Capital Management (HCM). The project aims to simplify human resources operations, improve employee engagement, and raise productivity through a unified digital system.

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Fortune

One of Silicon Valley’s most prominent Democrats just called Trump’s $100k H-1B visa fee a 'great solution'

Other tech leaders, like Elon Musk, have said they will ‘go to war’ to defend the program.

Al Jazeera

H-1B fee hike: Who’s gaining from these visas – Indian IT or US firms?

Indian companies were the biggest beneficiaries for years. But that’s changed; US firms now dominate visa recipients.

Barchart

These Stocks Benefit From a Fed Rate Cut, Including 1 Surprise Buy Yielding Nearly 6%

As expected, the Fed has lowered rates by 25 basis points at its September meeting. Here are the stocks to buy after the rate cut.

Benzinga

Wall Street's Most Accurate Analysts Spotlight On 3 Tech Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga

RWE Taps Infosys To Revamp Workplace Tech, Boost Efficiency

Infosys Ltd. (NYSE:INFY) and German energy leader RWE have strengthened their partnership to revamp RWE's workplace technology. The goal is to boost efficiency and align with sustainability goals. This latest initiative underscores the growing importance of digital modernization across legacy industries.

Benzinga

Under the Radar: No Forecasts, No Guesswork—Just the Trend

When it comes to questions about the stock market, more often than not the correct answer is “I do not know.”

Geekflare

Infosys BPM Automates Invoice Processing with AI

Infosys BPM, which is the business process management arm of the company, has launched AI agents for invoice processing as part of its flagship Accounts

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