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Infosys revises revenue guidance amid slowdown
India’s 2nd largest IT major tweaked its revenue guidance to 1.5-2% for FY24 as compared to 1-2.5% given in previous Q2; Headcount fell by 6,101 to...
Infosys Q2 net profit rises 3.1% to Rs 6,215 crore; revises FY24...
The earnings (before minority interest) of the Bengaluru-based company stood at Rs 6,026 crore in the year-ago period
Clients insist on in-office work, says Infosys CEO Salil Parekh
Infosys, the renowned IT services company, is facing demands from some of its clients to handle projects exclusively from office, despite the...
Falling biz from existing clients haunts IT firms
This is the key reason behind tepid growth projections despite robust deal pipelines
See very good opportunities in M&A environment: Infosys
Says will evaluate entities offering good fit
Infosys lowers guidance for FY24
Infosys pegs revenue growth guidance of 4-7% for FY24 as against 16-16.5% projection made during Q3 earnings announcement in Jan; IT major’s net...
Revenue gap between Cognizant, Infy falling
The competition between 2 large-tier IT firms is going to be intense as demand environment turns tepid; Infosys remains one of the fastest growing...
IT cos feeling heat of pricing pressure
Indian IT firms may not be able to raise contract prices amid tepid demand environment; Overall pricing environment remains stable with less clients...
