Daily Headlinez Top News Updates
Infosys has reportedly asked more employees to work at least four days every week from the office. In an email to employees, the company noted that “it is imperative for us to lead by example” and that it would extend its existing four-day office mandate to employees at job level 6A and above in specific…
Nalini Anantharaman (Credits: Infosys Science Foundation) Every field of science has researchers who focus on questions that sit at the crossroads of several disciplines. In mathematics and theoretical physics, one such scholar is Nalini Anantharaman. Known for her work on dynamical systems and quantum chaos, she has built an academic career that links geometry, analysis…
Nandan Nilekani stresses AI diffusion, says India can lead on use cases New Delhi: Infosys chairman Nandan Nilekani warned that resentment among white-collar workers could hinder progress in AI unless the transition is managed carefully. He also stressed the need to build use cases that benefit larger sections of the population, while supporting career transitions…
BofA maintained its buy recommendation on Infosys with the target price at Rs 1,840. Analysts said there were several positives on positioning and net opportunity could be bigger but the path is still evolving. They also said that enterprise AI isn’t plug and play. Currently revenue from AI-first offerings stands at 5.5%, which is not…
Salil Parekh, CEO and MD, Infosys (File photo) New Delhi: Infosys CEO Salil Parekh suggested that stock market investors may be misreading the impact of AI tools from companies like Anthropic, arguing that rather than shrinking opportunities for IT services firms, such technologies are likely to expand and reshape the demand for their capabilities. He…
Indian IT sector stocks have been bleeding for the last few days, facing a massive selloff on increasing fears that artificial intelligence (AI) tools and models will hit the basic revenue model of the technology sector. The index tracking Indian IT sector stocks such as Tata Consultancy Services Ltd. and Infosys Ltd. has lost a…
The combined market valuation of six of the top-10 most valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities.The 30-share BSE Sensex declined 953.64 points, or 1.14 per cent, during the week.Besides…
Drawing a practical analogy, the JPMorgan report calls IT firms the ‘plumbers of the technology world’. (AI image) India’s IT sector is witnessing an unprecedented rout with stocks tanking on fears of artificial intelligence making the main roles at technology sector giants redundant. It’s a selloff like never before – but is the situation so…
MUMBAI: Strong selling in IT stocks, led by sector leaders Infosys and TCS, pulled sensex down by 559 points on Thursday to close at 83,675 points, BSE data showed. Nearly 400 points of the index’s fall was contributed by the slide in these two stocks, mainly on the back of questions about the viability of…
India’s unique talent pool would be its biggest strength in weathering the US immigration crackdown. (AI image) US President Donald Trump’s hike in H-1B visa fee – an important visa programme – may have a limited impact on India’s IT sector which currently uses this visa provision extensively. Trump has introduced a weighted H-1B visa…
