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India s Infosys Q3 profit misses view, tightens FY rev forecast on weak demand

India s Infosys Q3 profit misses view, tightens FY rev forecast on weak demand
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Infosys to roll out 80% average variable pay for Q2: Report

Employees who fall below the manager category and above entry levels will be eligible for this range of payout

Guidance down revision rules the results of Indian IT companies in Q2

Infosys bags $1 6 billion deal from Liberty Global, will add 400 new employees from the telecom company

The IT services company added that this deal will allow Liberty Global to realise run-rate savings in excess of €100 million per annum inclusive of other savings and technology investments.

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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