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Infosys Ltd - INFY STOCK NEWS

Welcome to our dedicated news page for Infosys (Ticker: INFY), a resource for investors and traders seeking the latest updates and insights on Infosys.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Infosys's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Infosys's position in the market.

Rhea-AI Summary
Infosys reported strong financial performance in FY24 with revenues of $18.6 billion, a large deal TCV of $17.7 billion, and operating margin of 20.7%. The company's FY25 guidance includes revenue growth of 1%-3% and operating margin of 20%-22%. The Board recommended a final dividend of `20 per share and a special dividend of `8 per share for FY24. Infosys also received India Income Tax orders and had a one-time impact on financial services client contracts. The company announced various strategic collaborations with clients in different sectors, showcasing its expertise in AI and cloud services.
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Infosys announced the acquisition of in-tech, a leading Engineering R&D services provider focused on the German automotive industry. This strategic move strengthens Infosys' Engineering R&D capabilities, expands its footprint in Europe, and enhances its offerings in e-mobility, connected and autonomous driving, electric vehicles, and more. The acquisition brings deep client relationships, industry expertise, and a multidisciplinary team of 2200 people across multiple locations.
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Infosys collaborates with Proximus to revamp customer service operations platform using Infosys Cobalt, enhancing usability and customer experience. Proximus standardizes processes on ServiceNow platform with Infosys' help, accelerating business value and minimizing customizations.
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Infosys and Intel expand collaboration to accelerate AI journeys for global enterprises through advanced AI solutions. Infosys Topaz to integrate Intel-based solutions for Gen AI adoption and skill up employees on Intel products.
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Infosys Finacle and Zand Bank collaborate to enhance corporate banking services with advanced cloud-native solutions on Microsoft Azure. Zand's adoption of Finacle modular core banking system signifies a strategic move towards innovation and cutting-edge technologies like AI and blockchain.
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Infosys collaborates with Handelsblatt Media Group to enhance digital storytelling using AI technology, making complex economic reports more accessible and engaging for the public.
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Infosys renews its digital innovation partnership with the ATP Tour until 2026, focusing on AI-driven features to enhance the fan experience and player performance in professional tennis. The partnership has led to a 50% increase in traffic on the ATP website's stats section and over 5.7 million digital engagements from fans worldwide. Infosys and ATP will continue to innovate with AI and data to personalize experiences for players and fans, including initiatives like the ATP Carbon Tracker to monitor and offset players' carbon footprint.
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Infosys (NYSE: INFY) receives The 2024 World's Most Ethical Companies® recognition by Ethisphere for the fourth consecutive year. Infosys is one of 136 honorees globally, standing out in the software and services industry. The assessment is based on Ethisphere's Ethics Quotient® covering various aspects of ethics, compliance, and governance.
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PROG Holdings, Inc. and Infosys announce a collaboration to enhance technology operations, focusing on cloud and AI modernization. Infosys will provide digital services to improve operational efficiencies, accelerate technology enhancements, and widen PROG Holdings' leadership in the virtual lease-to-own market.
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PROG Holdings, Inc. (NYSE: PRG) partners with Infosys to enhance technology operations through cutting-edge digital services, AI initiatives, and cloud-first approach, aiming to boost operational efficiencies, accelerate technology enhancements, and widen leadership in virtual lease-to-own market.
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Infosys Ltd

NYSE:INFY

INFY Rankings

INFY Stock Data

73.74B
3.61B
12.13%
1.17%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
India
Bangalore

About INFY

Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore.