Edition:
India

Infosys Ltd (INFY.NS)

INFY.NS on National Stock Exchange of India

767.85INR
18 Oct 2019
Change (% chg)

Rs-1.65 (-0.21%)
Prev Close
Rs769.50
Open
Rs763.80
Day's High
Rs773.80
Day's Low
Rs760.00
Volume
10,037,200
Avg. Vol
7,982,385
52-wk High
Rs847.00
52-wk Low
Rs599.85

Latest Key Developments (Source: Significant Developments)

India's Infosys Exec Says Remains Optimistic For U.S. Markets
Friday, 11 Oct 2019 

Oct 11 (Reuters) - Infosys Ltd Exec Says: :INDIA'S INFOSYS EXEC SAYS 6 OF 7 LARGE SEGMENTS SHOWING DOUBLE DIGIT GROWTH THIS QUARTER.EUROPEAN MARKET IS SOMEWHAT SOFTER, SEE SOME IMPACT OF BREXIT.RETAIL SEGMENT AFFECTED BY MACROS LIKE TRADE WAS AND HAS SEEN REDUCED SPENDING.CONTINUE TO SEE SOME WEAKNESS IN EUROPEAN BANKS AND CAPITAL MARKETS.VOLATILITY IN RETAIL BUSINESS EXPECTED TO CONTINUE FOR SOME TIME.REMAINS OPTIMISTIC FOR U.S. MARKETS.TAKEN A CROSS-CURRENCY HIT OF 15 TO 20 BPS THIS QUARTER.Q2 VOLUNTARY ATTRITION UNDER 18%.SEE GOOD STRENGTH IN TELECO, ENERGY UTILITY SEGMENT IN EUROPE.HIRED ABOUT 14000 PEOPLE IN Q2.  Full Article

India's Infosys Sept Qtr Consol Profit Attributable Dips
Friday, 11 Oct 2019 

Oct 11 (Reuters) - Infosys Ltd ::SEPT QUARTER PROFIT 38.29 BILLION RUPEES VERSUS PROFIT OF 38.79 BILLION RUPEES LAST YEAR.SEPT QUARTER REVENUE FROM OPERATIONS 196.66 BILLION RUPEES VERSUS 182.97 BILLION RUPEES LAST YEAR.SEPT QUARTER CONSOL PROFIT ATTRIBUTABLE 40.19 BILLION RUPEES VERSUS PROFIT OF 41.10 BILLION RUPEES LAST YEAR.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 226.29 BILLION RUPEES VERSUS 206.09 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL PROFIT WAS 40.16 BILLION RUPEES.  Full Article

India's Infosys Q2 Operating Margin At 21.7%
Friday, 11 Oct 2019 

Oct 11 (Reuters) - Infosys Ltd ::Q2 20 OPERATING MARGIN AT 21.7%.SEPT QUARTER ANNUALIZED STANDALONE EMPLOYEE ATTRITION AT 19.4% VERSUS 19.9% LAST YEAR.SEPT QUARTER ANNUALIZED CONSOLIDATED EMPLOYEE ATTRITION AT 21.7% VERSUS 22.2% LAST YEAR.GROSS ADDITION OF 96 CLIENTS IN SEPT QUARTER VERSUS 73 ADDITIONS LAST YEAR.  Full Article

Infosys Revises FY 20 Revenue Guidance To 9%-10% In Constant Currency
Friday, 11 Oct 2019 

Oct 11 (Reuters) - Infosys Ltd ::SAYS DECLARED AN INTERIM DIVIDEND OF 8 RUPEES PER EQUITY SHARE.SAYS INCREASED LOWER END OF FY 20 REVENUE GUIDANCE; REVISED GUIDANCE IS 9%-10% IN CONSTANT CURRENCY.SAYS MAINTAINED FY 20 OPERATING MARGIN GUIDANCE RANGE OF 21%-23%.APPROVED TO EXECUTE BUSINESS TRANSFER AGREEMENT WITH KALLIDUS AND SKAVA SYSTEMS TO TRANSFER BUSINESS OF SKAVA TO INFOSYS.LARGE DEAL WINS WERE $2.8 BILLION IN QUARTER.  Full Article

Infosys Expands Strategic Partnership With Google Cloud
Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - INFOSYS LTD::EXPANDS STRATEGIC PARTNERSHIP WITH GOOGLE CLOUD.EXPANDED PARTNERSHIP WITH GOOGLE CLOUD TO BECOME A GOOGLE CLOUD MANAGED SERVICE PROVIDER.  Full Article

Infosys Approves Follow-On Investment Of $6 Mln In Trifacta Inc
Friday, 12 Jul 2019 

July 12 (Reuters) - Infosys Ltd ::APPROVED A FOLLOW-ON INVESTMENT OF USD 6 MILLION IN TRIFACTA INC.FROM FY 2020, EXPECTS TO RETURN APPROX 85% OF FREE CASH FLOW CUMULATIVELY OVER 5-YEAR PERIOD.ON TRACK TOWARDS COMPLETING PREVIOUSLY ANNOUNCED SHARE BUYBACK OF 82.60 BILLION RUPEES.COMPANY HAS TILL DATE BOUGHT BACK SHARES WORTH 59.34 BILLION RUPEES.  Full Article

Infosys CEO Says See Good Traction In Large Deals Pipeline
Friday, 12 Jul 2019 

July 12 (Reuters) - Infosys Ltd ::INFOSYS LTD CEO SAYS SEE GOOD TRACTION IN LARGE DEALS PIPELINE.INFOSYS LTD CEO SAYS FOCUS ON HAVING OPERATIONAL EFFICIENCY AND DISCIPLINE IN MAINTAINING COSTS.INFOSYS LTD EXEC SAYS TOO PREMATURE TO SAY ANYTHING ON 20% TAX ON BUYBACKS.INFOSYS LTD EXEC SAYS LOOKING TO HIRE 18,000 FRESHERS THIS YEAR.  Full Article

Infosys Announces Strategic Partnership With Toyota Material Handling Europe
Monday, 24 Jun 2019 

June 24 (Reuters) - Infosys Ltd ::ANNOUNCES STRATEGIC PARTNERSHIP WITH TOYOTA MATERIAL HANDLING EUROPE.SIGNS LONG-TERM AGILE INTEGRATED APPLICATION AND INFRASTRUCTURE MANAGEMENT AGREEMENT WITH TOYOTA MATERIAL HANDLING EUROPE.  Full Article

Infosys Announces Collaboration With Microsoft To Deliver Smart Buildings And Spaces Solutions
Thursday, 6 Jun 2019 

June 6 (Reuters) - Infosys Ltd ::ANNOUNCES COLLABORATION WITH MICROSOFT TO DELIVER SMART BUILDINGS AND SPACES (SB&S) SOLUTIONS.  Full Article

Infosys Says Jaggaer Partners With Edgeverve
Thursday, 6 Jun 2019 

June 6 (Reuters) - Infosys Ltd ::JAGGAER PARTNERS WITH EDGEVERVE TO DELIVER ADVANCED RPA FOR SPEND MANAGEMENT.  Full Article

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Infosys U.S. listed shares plunge after whistleblower complaints

BENGALURU U.S.-listed shares of Infosys Ltd fell nearly 16% in premarket trading on Monday after the Indian software services exporter said it had received whistleblower complaints alleging "unethical practices" by the company's executives.