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Infosys has announced a strategic collaboration with Harness, an AI software delivery platform, to accelerate agentic AI-led software delivery transformation for enterprises globally. In a press release filed with the exchanges on Tuesday, April 7, the company said that the partnership will integrate Infosys' Topaz Fabric and Cobalt cloud capabilities with the Harness Software Delivery Platform. This collaboration is aimed at improving productivity, streamlining software engineering processes, ...Read More >
BENGALURU, Feb 17 : Infosys unveiled a partnership with Anthropic on Tuesday, days after investor concerns that AI tools would disrupt the traditional business models of Indian IT services firms shaved billions off their market value. The selloff was triggered, in part, by the launch of a tool by Amazon and Alphabet-backed Anthropic, which has seen its revenue run-rate in India doubling in four months. Anthropic has leaned heavily into the enterprise AI market and last month launched Claude Co ...Read More >
Infosys, on Tuesday said it has been awarded a £1.2 billion, 15-year contract by the NHS Business Services Authority (NHSBSA) to deliver Future NHS Workforce Solution. As per the contract, Infosys would develop a cutting-edge, data-driven workforce management solution, that would replace the existing Electronic Staff Record (ESR) system, and facilitate payroll functions for 1.9 million NHS employees in England and Wales who are paid £55 billion annually, said a press release. According to a c ...Read More >
India's second largest software exporter also narrowed its revenue estimates for the fiscal year by lifting the lower end of the growth guidance, to 2-3% from 1-3% in constant currency, which excludes the impact of currency movements. This is a further improvement from the previous quarter, when it tweaked the outlook from the earlier 0-3% growth. It retained the operating margin guidance of 20-22%. Infosys on Thursday beat analyst estimates with a 13.2% year-on-year and 6.4% sequential increas ...Read More >
Bengaluru (Karnataka) [India], October 16: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $5,076 million in Q2 revenues, year on year growth of 2.9 and sequential growth of 2.2 in constant currency. Operating margin was at 21.0. Free cash flow generation was strong at $1.1 billion, 131.1 of net profit. TCV of large deal wins was $3.1 billion, with net new of 67. Employee headcount increased by 8,203. Second consecutive ...Read More >
A dedicated skywalk from the station also leads directly to the Infosys Metro Plaza, where ID checks grant access to the campus. Bengaluru's newly inaugurated Yellow Line metro has found an early corporate champion in Infosys, which is urging its employees to swap road commutes for the "efficient" rail corridor to curb traffic congestion. According to a TOI report, the IT giant circulated an internal email highlighting the benefits of the metro, particularly during peak hours, while detailing s ...Read More >
HCLTech CEO C Vijayakumar earned $10.85 million (about ₹94.6 crore) in the financial year 2024-25, making him one of the highest-paid executives in the Indian IT sector and surpassing the earnings of chiefs at larger rivals TCS and Infosys. The company's board has also approved an over 71 per cent increase in his current remuneration to $18.6 million (about ₹154 crore) for the next financial year, according to the company's annual report. Vijayakumar's FY25 compensation places him ahead of ...Read More >
Bengaluru: HCLTech CEO C Vijayakumar has emerged as the highest-paid Indian IT CEO, crossing the $10 million mark and topping the compensation charts.US-based Vijayakumar earned Rs 94.6 crore in the 2024-25 financial year, which comprised a base pay of Rs 15.8 crore, a performance-linked bonus of Rs 13.9 crore, long-term RSUs worth Rs 56.9 crore, and a bonus of Rs 1.7 crore. Vijayakumar's peers include TCS CEO K. Krithivasan, who earned Rs26.5 crore for the 2023-24 financial year, marking a 4.6% ...Read More >
Infosys, India's second-largest IT firm, announced an average 85% performance bonus for eligible employees for Q2 FY25. Mid-and junior-level staff will receive the bonus with November salaries, though individual amounts vary based on performance. This follows strong Q2 results, with Infosys exceeding growth expectations and raising its FY25 revenue guidance.Infosys, country's second-largest IT services company, has announced an 85% average performance bonus payout to its eligible employees for t ...Read More >
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