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03.07.25 - 01:12
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Midcap IT cos to outpace large firms in growth (Times of India)
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Analysts predict midcap IT firms will likely surpass large caps in the June quarter, showing steady deal signings despite economic uncertainties. While large caps, except Infosys and LTIMindtree, may face revenue declines, midcaps like Coforge and Persistent are expected to grow. Cross-currency tailwinds should further bolster earnings....
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02.07.25 - 11:30
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Q1 results: Muted quarterly earnings likely for India′s IT giants as deal momentum slows (Times of India)
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India's IT sector anticipates a subdued first-quarter performance, with top firms like TCS and Wipro facing flat or declining revenue. Infosys and LTIMindtree expect modest growth, while mid-tier companies may outperform. BFSI shows recovery signs, but deal activity is slow. Companies are managing margins through cost controls, and GenAI offers a positive outlook despite varied margin performance across firms....
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26.06.25 - 13:12
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Infosys AGM: Nilekani flags global uncertainty; AI central to firm′s strategy (Times of India)
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Infosys chairman Nandan Nilekani warned businesses face a "perfect storm" due to tariff conflicts, AI disruption, and energy transition. He urged companies to prioritise innovation, supply chain diversification, and digital architecture overhauls. Infosys is positioning itself as an AI-native company, training employees and working on numerous generative AI projects while expanding into tier-2 and 3 cities....
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17.06.25 - 04:54
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Dalal Street ignores Iran-Israel conflict, sensex up 678 points (Times of India)
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Indian stock market soared on Monday. Sensex closed 678 points higher. Nifty also saw a significant rise. HDFC Bank, ICICI Bank, and Infosys led the gains. Domestic funds invested heavily, offsetting foreign fund outflows. Investors grew richer by Rs 3.3 lakh crore. A potential ceasefire between Israel and Iran may further boost the market. Gold prices fell on ceasefire news....
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15.06.25 - 09:01
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Top firms see valuation dip: HDFC Bank lead Rs 1.65 lakh crore Mcap loss; tech stocks rise (Times of India)
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Last week witnessed a significant downturn in the market valuation of eight of the top-ten highest-valued firms, collectively losing ₹1,65,501.49 crore, mirroring a decline in domestic equities. HDFC Bank experienced the steepest fall. While TCS and Infosys saw gains, Reliance Industries, ICICI Bank, SBI, LIC, Bajaj Finance, and Hindustan Unilever also faced valuation decreases....
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09.06.25 - 01:30
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Cognizant accuses Infosys of ′fishing expedition′ (Times of India)
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Cognizant, in recent legal filings, claims Infosys's counterclaims in their trade secrets dispute don't accuse CEO Ravi Kumar of anticompetitive behavior since he joined Cognizant in 2023. Cognizant argues Infosys's actions are a 'fishing expedition' without evidence Kumar undermined Infosys's healthcare platform, Helix....
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06.06.25 - 22:01
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Infosys gets clean chit in Rs 32k crore GST case (Times of India)
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Infosys has announced the closure of pre-show cause notice proceedings by the Director General of GST Intelligence (DGGI) regarding a Rs 32,000-crore tax controversy. The DGGI closed proceedings for financial years 2018-19 to 2021-22, following a similar closure for the financial year 2017-2018 earlier this month....
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02.06.25 - 22:54
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Infosys promoters get Rs 2.3k crore dividend (Times of India)
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Infosys promoters are set to receive a substantial dividend payout of Rs 2,330 crore, driven by their significant 14.6% stake in the company. Nandan Nilekani and NR Narayana Murthy will earn Rs 175 crore and Rs 65 crore respectively, while even the grandchildren of promoters, like Ekagrah Rohan Murty, are benefiting from substantial dividend earnings....
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02.06.25 - 20:00
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Infosys CEO Salil Parekh′s pay jumps 21.6% to Rs 80.62 crore in FY25 (Times of India)
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Infosys CEO Salil Parekh's FY25 compensation surged to Rs 80.62 crore, a 21.6% increase driven by exercised stock options. This contrasts with Wipro CEO's $6.2 million and TCS CEO's Rs 26.52 crore earnings. While Infosys reported a modest 1.8% rise in annual net profit and surpassed revenue guidance, Q4 saw an 11.7% profit decline....
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