Market valuation of six of top 10 valued domestic firms erode by Rs 1.71 lakh crore
Last week, the combined market valuation of six of the top 10 valued domestic firms eroded by Rs 1.71 lakh crore.
Last week, the combined market valuation of six of the top 10 valued domestic firms eroded by Rs 1.71 lakh crore.
IT major Infosys on Thursday reported 11.5 per cent increase in net profit at Rs 6,806 crore in the third quarter (Q3) this fiscal, from Rs 6,106 crore in the year-ago period.
The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week.
IT major Infosys has reportedly deferred the annual salary hike in the fourth quarter of FY 2024-25. The company last implemented a salary hike in November 2023.
The combined market valuation of four of the top10 most valued firms eroded by Rs 96,605.66 crore last week.
Infosys COO Pravin Rao said the quantum of salary hikes will be identical to those seen in the previous years.
Infosys increased proficiency is backed by its large deals worth $3.15 billion in the quarter under review.
Blue Acorn iCi is a digital customer experience, commerce and analytics services provider.
GuideVision is an enterprise service management consultancy specialised in offering strategic advisory.
Genesys will retain and manage sales, marketing and a host of additional functions for this solution, the statement added.
