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Infosys Q3 net declines 7 3% to ₹6,106 cr due to employee absence, holidays

Infosys Q3 net declines 7 3% to ₹6,106 cr due to employee absence, holidays
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it q2 earnings: Top IT companies may log muted Q2 growth on macro uncertainty

Though the top tier firms have been announcing large deal wins over the past few weeks, brokerages believe they are unlikely to translate into a major change in revenue growth forecast of the Indian IT firms.

Infosys appraisal: Infosys to start next appraisal cycle as pending hikes drag on

The countrys second largest IT exporter will start its ‘performance review cycle–October 2023 with self-evaluation on September 29, according to an email sent to managers. Manager evaluation will happen by October-end while rating will be communicated to individual employees in the first week of December, said the email, a copy of which ET has seen.

Infosys rolls out 80% average variable payout for Q1

Bengaluru-based Infosys has announced that 80 per cent of the variable pay will be distributed to eligible employees for the quarter ending June 30, according to media reports. This amount will be included with the August month s salary. In contrast, Infosys had paid out 60 per cent of the variable pay in the fourth quarter of financial year FY23.

Infosys Dives 10% After Outlook Cut Renews Tech Spending Fears

(Bloomberg) Infosys Ltd. fell its most in about three months after a cut to its annual sales forecast spurred renewed concerns that companies will hold off on technology spending for longer than anticipated.Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stoc

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