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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 >
New Delhi, Aug 14 (PTI) IT company Infosys plans to acquire 75 per cent stake in Versent Group, a wholly-owned subsidiary of Australian telecom firm Telstra, for 233.25 million Australian dollars or about Rs 1,336 crore, the company said in a regulatory filing. The acquisition is part of strategic collaboration between Infosys and Telstra to form a joint venture to provide AI-enabled cloud and digital solutions for Australian businesses. "Infosys will acquire 75 per cent of the shareholding in ...Read More >
Aug 14 (Reuters) - Australian power producer Origin Energy (ORG.AX), opens new tab signalled higher operating earnings at its energy retailing segment in the coming year on Thursday after reporting better-than-expected 2025 earnings, sending its shares to the highest in over a decade. The country's largest gas and electricity retailer forecast underlying operating earnings from its Energy Markets division between A$1.4 billion and A$1.7 billion ($916.4 million-$1.11 billion) in fiscal 2026. Th ...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 >
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