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The Latest Breaking News from Infosys

Infosys Gushes Free Cash Flow Based on AI - INFY Stock Looks Cheap to Value Investors

Infosys Ltd, the Indian consulting and software company, is becoming a free cash flow producer based on its generative AI software services. INFY stock looks cheap based on a reasonable FCF yield metric.

Barchart

Rishi Sunak awaits a multimillion-dollar payday after losing his $177,000 PM gig

Book deals, speaking engagements, and a return to finance will add to Sunak’s massive net worth.

Fortune

Rishi Sunak’s family firm Infosys still in dispute with HMRC for unpaid tax

RISHI Sunak’s family firm Infosys is still in a dispute with HMRC for unpaid corporation tax...

The National (Scotland)

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JSS signs MoU with Infosys to implement Infosys Springboard initiative

JSS Mahavidyapeetha partners with Infosys for digital literacy initiative, offering free courses to students and promoting inclusive education.

The Hindu

‘I would like to see the private sector spend more money on research’

Kris Gopalakrishnan, co-founder of Infosys and president of Infosys Science Foundation (ISF), spoke to The Hindu after the foundation announced certain changes to the Infosys Prize which includes lowering the upper age limit to 40 years.

The Hindu

Rishi Sunak’s wife Akshata Murty handed another £10.5m dividend — enough to buy 116,000 pairs of Adidas Sambas

Murty owns a 0.94% stake in the Indian tech outsourcer Infosys, which was founded by her father

Evening Standard

Congress has not won Lok Sabha seat in Bengaluru after 1999, but hopeful of turning the tide in 2024

Bengaluru South was one of the first Lok Sabha seats to be won by the BJP in Karnataka in 1991 along with Mangalore (now Dakshina Kannada), Bidar and Tumakuru seats. Of them, the party has retained Bengaluru South and Dakshina Kannada seats since then.

The Hindu

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Rishi Sunak insists he did not keep green card to move back to US

Prime minister says he held on to his US residency until 2021 only because he had not got around to revoking it

The Guardian - UK

Tory plans to abolish non-dom status riddled with loopholes, Labour says

Analysis suggests wealthiest would save millions and Sunak’s own family could benefit to tune of £250m

The Guardian - UK

Sudha Murty takes oath as Rajya Sabha MP

Sudha Murty, philanthropist and Rajya Sabha MP, known for her literary contributions and role in founding Infosys.

The Hindu

Doubly thrilled to receive this honour on Women’s Day: Sudha Murty on Rajya Sabha nomination

Renowned author Sudha Murthy nominated to Rajya Sabha by President of India on International Women's Day.

The Hindu

Insurance giant Fidelity hit by data breach — thousands of customers may have had data stolen

Fidelity data was taken after an attack on Infosys that happened late in 2023.

TechRadar

Govt. to hold meeting with Infosys on non-utilisation of land in Hubballi

Bengaluru Industries Minister to meet Infosys over non-utilisation of land in Hubballi, employment generation concerns.

The Hindu

Govt. will withdraw benefits to firms that failed to provide jobs to land losers: M.B. Patil

Large and Medium Industries Minister M. B. Patil on Tuesday told the Legislative Assembly that the government would take strict action including withdrawal of incentives to the industries that have failed to provide jobs to land losers despite availing incentives and subsidies from the government including allotment of land.

The Hindu

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TechRadar

Infosys blamed for Bank of America data breach

Bank of America data breach was a supply chain attack, the victim says, as it offers two years of ID theft protection to its customers.

The Guardian - UK

The chilling soulless cruelty of Rishi Sunak is the stuff of nightmares

Another week, another personal nadir for the PM. And now his smirking face has spilled over into my dreams

International Business Times UK

Rishi Sunak Accused of Giving 'VIP Access' To Indian IT Firm Infosys

A new report has emerged which reveals that the UK trade minister helped Rishi Sunak's wife-linked Indian IT firm Infosys get better access to trade deals for ease of business in the UK.

The Guardian - UK

Sunak faces fresh Infosys scrutiny as minister accused of giving it ‘VIP access’

Dominic Johnson told firm owned by PM’s wife’s family he would ‘do what he could’ to help grow it in UK

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The Hindu

Technology can help in enabling access to judicial services at finger tips: Nandan Nilekani

Nandan Nilekani discusses how technology can enable access to judicial services and simplify legal processes in India.

The Hindu

The deepening embrace between tennis and technology

The use of technology, such as Hawk-Eye and analytics, has transformed tennis and improved decision-making in the sport.

The Hindu

Bachchan, Ambani, Adani and Tendulkar… who’s who from all fields to attend Ram temple inauguration

India's elite, including Amitabh Bachchan, Mukesh Ambani, and Sachin Tendulkar, have been invited as state guests for the Ram temple consecration.

TechRadar

Young people have "enormous responsibility to work very, very hard" - tech titan doubles down on his call for employees to work punishingly long hours

Infosys co-founder Narayana Murthy asks workers to be extremely productive, says he worked up to 90 hours/week.

International Business Times

India's TCS, Infosys See Revenue Dips On Client Spending Cuts

Indian IT giants TCS and Infosys both signalled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector.

The Hindu

Narayana Murthy warns about deepfake video of him endorsing trading apps

Infosys founder Narayana Murthy on Thursday flagged that there are deepfake pictures and videos of him circulating on social media, cautioning users “to not fall prey” to such information and to report such instances to the concerned authorities.

International Business Times UK

Microsoft Believes Indian Tech Firms Will Play A Key Role In AI Development, Adoption Globally

The world's largest vendor of computer software, Microsoft is working with India's IT and ITeS companies in multiple markets to facilitate AI implementation.

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