Market capitalisation of 7 of top-10 most-valued firms erode by Rs 1.16 lakh cr; HDFC Bank biggest laggard

Market capitalisation of 7 of top-10 most-valued firms erode by Rs 1.16 lakh cr; HDFC Bank biggest laggard

Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI The combined market valuation of seven of the top-10 most-valued firms eroded by ₹1.16 lakh crore last week, with HDFC Bank emerging as the biggest laggard. In the holiday-shortened week, the BSE benchmark fell by 982.56 points or 1.37 per … Read more

Infosys accuses Cognizant of unethical poaching

Infosys surges 7 pc to power Sensex gains of more than 600 points

Infosys Bengaluru: Bengaluru-based tech giant Infosys has accused major rival tech company Cognizant of unethical poaching tactics and also sent an official letter in this regard, sources said on Wednesday. There is a standoff between the two tech giants over senior management staff. Infosys had sent a written communication to Cognizant a few weeks ago, … Read more

Infosys Rolls Out Salary Hikes, Below 10% Likely This Time, Entry-Level Staff Not Covered: Report

Infosys Rolls Out Salary Hikes, Below 10% Likely This Time, Entry-Level Staff Not Covered: Report

The salary revision at Infosys will come into effect from November 1, 2023. The latest salary hike at Infosys, which is for 2023-24, does not cover entry-level employees, and the average hike this time is likely to be below 10 per cent IT major Infosys has started its delayed pay hike. A “large number of … Read more

Narayana Murthy’s new deepfake video promises people can earn Rs 2.5L in 1 day

Narayana Murthy’s new deepfake video promises people can earn Rs 2.5L in 1 day

New Delhi: Infosys founder Narayana Murthy’s two new deepfake videos, which are being shared on social media, purportedly promoting a so-called investing platform “Quantum AI”, claiming that the user of this new tech will be able to earn $3,000 (around Rs 2.5 lakh) on the first working day. One of the videos showed a morphed … Read more

Infosys Shares Recover After Falling Over 1% Following CFO Nilanjan Roy’s Resignation

Infosys Rolls Out Salary Hikes, Below 10% Likely This Time, Entry-Level Staff Not Covered: Report

Last Updated: December 12, 2023, 10:49 IST Infosys share price dips 1% amidst CFO Nilanjan Roy’s resignation. Shares of Infosys opened over a percent lower on December 12 after the company’s chief financial officer, Nilanjan Roy, stepped down Shares of Infosys opened over a percent lower on December 12 after the company’s chief financial officer, … Read more