Infosys

Higher utilization & GenAI at work? Why bench strength at top Indian IT outsourcers has nearly halved

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Higher utilization & GenAI at work? Why bench strength at top Indian IT outsourcers has nearly halved

The top Indian IT outsourcing companies have experienced a significant reduction in their bench strength within a short period. However, this may not necessarily be a negative development for these global services leaders. By leveraging higher utilization rates and generative artificial intelligence (GenAI), they are able to drive efficiencies throughout their talent hierarchy as the … Read more

Akshata Murty gets proactive on UK PM Rishi Sunak’s campaign trail

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Akshata Murty gets proactive on UK PM Rishi Sunak’s campaign trail

London: Akshata Murty, Britain’s Indian First Lady, has begun getting proactive as her husband hit the campaign trail in a tough race ahead for the governing Conservatives, starting with a supportive message to say she’s with him “every step of the way” hours after a rain-soaked Rishi Sunak announced July 4 as the general election … Read more

Narayana Murthy’s mantra: Infosys founder lists steps for India to catch up with China, even overtake it

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Narayana Murthy’s mantra: Infosys founder lists steps for India to catch up with China, even overtake it

Can India catch up with China, and if yes, how? Narayana Murthy, the co-founder of Infosys, has spelt out the mantras for India to be in a position to not only catch up with China, but also potentially overtake it.Murthy believes that India has the potential to compete with China, its South Asian rival, despite … Read more

‘Friend not a foe’: Infosys founder Narayana Murthy compares advent of Gen AI to installation of ATMs

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‘Friend not a foe’: Infosys founder Narayana Murthy compares advent of Gen AI to installation of ATMs

Infosys founder NR Narayana Murthy believes that generative artificial intelligence (AI), like any other technology will help improve human productivity. Murthy, a strong advocate of technology, has addressed the concerns surrounding the potential misuse and job loss associated with the latest technological disruption Gen AI.In an interview with ET, Murthy has interestingly drawn a comparison … Read more

Why Infosys’ Narayana Murthy wants to be remembered ‘not as a good man but…’

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Why Infosys’ Narayana Murthy wants to be remembered ‘not as a good man but…’

Infosys founder NR Narayana Murthy wants to be remembered as a fair man. “One of the things I learnt early as a leader is that you have to take tough, unpleasant decisions. However, the most important thing is to be fair in every transaction,” Murthy told ET in a recent interview.In 1981, NR Narayana Murthy … Read more

maruti suzuki market cap: Maruti Suzuki breaches Rs 4 lakh crore m-cap mark as stock races to fresh 52-week high

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maruti suzuki market cap: Maruti Suzuki breaches Rs 4 lakh crore m-cap mark as stock races to fresh 52-week high

Shares of Maruti Suzuki India (MSIL) jumped 4% on Wednesday to hit a fresh 52-week high of Rs 12,722.70 on the NSE. The company also entered the coveted club of stocks with a market capitalisation of Rs 4 lakh crore. Currently, there are 13 other stocks with a market capitalisation of Rs 4 lakh crore … Read more

Shriram Housing: Shriram Housing may see $260 million in inflows post Nifty inclusion

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Shriram Housing: Shriram Housing may see 0 million in inflows post Nifty inclusion

Mumbai: Shriram Housing Finance will receive flows worth $260 million as part of its inclusion into the Nifty on March 28, according to a brokerage Nuvama Research. UPL, which is being excluded from the benchmark index, could see outflows to the tune of $95 million. The rejig will take place on March 28, but the … Read more

Big movers on D-Street: What should investors do with Infosys, Wipro and IREDA?

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Big movers on D-Street: What should investors do with Infosys, Wipro and IREDA?

Benchmark indices closed higher for the third straight session on Friday. The 30-share Sensex climbed 190 points to settle at 72,831 and the Nifty advanced 84 points to 22,096. Stocks that were in focus include names like IREDA, which rose 5%, Infosys, which declined 3%, and Wipro, whose shares fell 2.5% on Friday. Here’s what … Read more

tcs mcap: Five of top 10 firms take Rs 1.97 lakh cr hit in market valuation; TCS, Infy biggest losers

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tcs mcap: Five of top 10 firms take Rs 1.97 lakh cr hit in market valuation; TCS, Infy biggest losers

The combined market valuation of five of the 10 most valued firms eroded by Rs 1,97,958.56 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit amid volatile trends in equities. Last week, the BSE benchmark climbed 188.51 points or 0.25 per cent. The market valuation of TCS tanked … Read more

Opening bell: Sensex rose 200 points, Nifty at 21,884

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Opening bell: Sensex rose 200 points, Nifty at 21,884

NEW DELHI: Equity benchmark indices witnessed gain in early trade on Wednesday. Sensex climbed 228.45 or 0.32% to 72,240.50 while Nifty was around 21,884. Tata Steel, Bajaj Finserv, Titan, NTPC, Sun Pharma were trading higher whereas Hindustan Unilever, ICICI Bank, Mahindra & Mahindra, Axis Bank and L&T were among the losers.The stock market witnessed a … Read more