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.
Tech majors Infosys and Microsoft on Wednesday announced to expand their collaboration to help accelerate customer adoption of generative AI and Microsoft Azure globally.
Former Infosys CEO Mohandas Pai on Sunday said that the latest Hindenburg allegations against the SEBI are rubbish and a “character assassination by a Vulture Fund."
IT giant Infosys on Thursday reported a drop in headcount by 1,908 in the April-June quarter of the current fiscal (FY25).
IT giant Infosys has started functioning from its offices in New Town from Wednesday. This was announced by the state IT minister, Babul Supriyo. He has congratulated Infosys on the occasion and mentioned that it will fulfil the dream of Chief Minister Mamata Banerjee.
Reliance Industries, TCS and Infosys took the biggest hit in the league.
