Infosys Q3: Higher growth guidance drives IT stocks

Shares of information technology (IT) companies were in demand  on Friday, with the National Stock Exchange’s (NSE’s) Nifty IT index rallying 3.3 per cent. Photograph: Vivek Prakash/Reuters This came after Infosys reported steady sequential growth, driven by health care boost

Stock markets end higher on rally in Infosys shares

Equity benchmark indices Sensex and Nifty ended higher on Friday, driven by a sharp jump in Infosys after the company raised its revenue growth guidance for FY26. Photograph: Shailesh Andrade/Reuters After two days of losses, the 30-share BSE Sensex climbed

Infosys Q3 net falls 2.2% to Rs 6,654 crore

IT services major Infosys on Wednesday reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore in the October-December quarter of FY26. Illustration: Dado Ruvic/Reuters The Bengaluru-headquartered firm had registered a net profit (attributable to owners

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India’s second-largest IT services firm announced its December quarter earnings. Kindly note the image has

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

India’s third-largest telecom operator Vodafone Idea (Vi) has secured a 10-year breather on adjusted gross revenue (AGR) payments from the Department of Telecommunications (DoT). Photograph: Anushree Fadnavis/Reuters This is expected to ease pressure on its balance sheet and enable the

IDFC First Bank cuts savings account rates, introduces new balance slabs

Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. Photograph: Courtesy, Wikimedia Commons The interest slabs and rates for