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 ADR slumped by more than 9 per cent in pre-market trade after the company cut revenue guidance.
Making waves in the news is Nandan Nilekani, the co-founder and non-executive chairman of Infosys, who has recently grabbed attention…
Tech major Infosys on Tuesday launched Topaz -- an AI-first set of services, solutions and platforms using generative AI technologies to empower global firms, the company announced.
The company’s board has selected D Sundaram to take over as the lead independent director of the company in her place.
Software giant Infosys on Friday declared an interim dividend of Rs 16.50 per equity share for shareholders for the year 2022-23, while Akshata Murthy, wife of UK Prime Minister Rishi Sunak, will get a dividend of Rs 64.27 crore.
