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Infosys signs five-year AI deal with $2 billion target spend

Infosys said it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion. ....

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Infosys enters into $454 million deal with Denmark-based Danske Bank

The deal is valued at $454 million for five years with an option to renew for one additional year for a maximum of three times, Infosys said in a statement. ....

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Unbelievable! Infosys' Way of Rewarding Its Employees Will Raise The Bar For Other IT Companies - DEETS HERE

Infosys has allotted over 5.11 lakh equity shares to eligible employees in a bid to expand their ownership in the company. The decision comes at a time when other tech companies are laying off employees as part of cost-cutting measures. Infosys rewarded its staff with equity under two employee-related schemes, 1,04,335 equity shares were allotted under the 2015 Stock Incentive Compensation Plan, and 4,07,527 equity shares under the Infosys Expanded Stock Ownership Program 2019. Last month, the company reported weaker-than-expected Q4FY23 results but is "on the lookout at all times" for good acquisitions., Companies News, Times Now ....

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Infosys share price drops over 11% to trade at ₹1229.30 per share on the NSE, down ₹160 per share

Share price of IT major Infosys dropped an unprecedented 10% in opening trade on Monday April 17, 2023. ....

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Infosys closing its Russia office: Report

IT major Infosys is shutting down its office in Russia, according to a BBC report. The Bengaluru headquartered company has less than 100 employees in Russia who service global clients. ....

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