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Infosys To Receive Tax Refund Of ₹ 6,329 Crore Amidst ₹ 2,763 Crore Tax Liability For Multiple Assessment Years

Infosys To Receive Tax Refund Of ₹ 6,329 Crore Amidst ₹ 2,763 Crore Tax Liability For Multiple Assessment Years
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Infosys ADRs climb 4% overnight post Q3 results. Is the worst behind for IT major?

Infosys views its deal pipeline and booking as robust and continues to expect improvement in client sentiment after the positive commentary by the US Fed in December 2023.

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TCS salary hike: TCS rolls out salary hikes, takes 200-bps impact on operating margin

"We have gone ahead and rolled out our annual salary increase with effect from April 1st. Our operating margin of 23.2% reflects the 200-bps impact of this hike, offset through improved efficiencies," TCS CFO Samir Seksaria said. ....

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Infosys posts disappointing set of numbers in Q4FY23, sees deferrals and rampdowns

Infosys also saw a one-time impact on revenue, according to the company s leadership. ....

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IT hiring cools: TCS, Infosys & Wipro cut quarterly net employee additions by half in July-Sept

Bengaluru-based Wipro has seen the sharpest decline of 94.7% from 11,475 net additions in July-Sept 2021 to 605 net additions in July-Sept 2022.
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