Download the app
App StorePlay Store
Beige
Login
← All tags

infosys

ICICI Prudential reshuffles April stock picks adding HDFC Bank while cutting RIL and Infosys

ICICI Prudential reshuffles April stock picks adding HDFC Bank while cutting RIL and Infosys

ICICI Prudential Mutual Fund, managing Rs 11.72 lakh crore across 272 funds, reshuffled its top holdings in April, according to Motilal Oswal Financial Services. HDFC Bank emerged as the biggest gainer, with its allocation rising to about 6.7% after adding roughly 2.59 crore shares. ICICI Bank slipped slightly even as shares were added. Meanwhile, RIL and Infosys saw weight reductions, alongside trimming in Bharti Airtel and NTPC. The changes also included select additions to Axis Bank and Maruti Suzuki.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Infosys and TCS plunge again as investors fear AI disruption and weak client spending

Infosys and TCS plunge again as investors fear AI disruption and weak client spending

Indian IT stocks extended losses for a fourth straight session as investors reduced exposure amid softer growth visibility, muted client spending and fresh fears of AI-driven disruption. The Nifty IT index slid sharply, dragging major players like Infosys and Tata Consultancy Services lower on cautious guidance and deflationary pressure.

Summarised by Beize from a story on The Economic Times on 14 May 2026

Your news, in seconds

App StorePlay Store
Nifty IT drops 3% as Infosys TCS slide up to 5% amid fresh AI fears

Nifty IT drops 3% as Infosys TCS slide up to 5% amid fresh AI fears

Indian IT stocks took a sharp hit as Infosys, TCS and peers fell as much as 5%, pulling the Nifty IT index down around 3%. The selloff followed OpenAI’s launch of a Deployment Company, reviving worries that AI disruption could accelerate for IT services. Sentiment stayed weak even as Wall Street logged record highs and the rupee weakened.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Infosys Wins 500 Million Truist Deal to Build AI Back Office in Hyderabad Under BOT Model

Infosys Wins 500 Million Truist Deal to Build AI Back Office in Hyderabad Under BOT Model

Infosys has landed a landmark $500+ million deal with US lender Truist Financial to build and operate a Global Capability Centre in Hyderabad for five years under a build-operate-transfer model. The centre is expected to hire about 4,500 people, including 2,000 in the first phase, and support IT, finance, HR, sales and AI-led operations using Infosys Topaz AI.

Summarised by Beize from a story on IndianWeb2 on 10 May 2026
Infosys names Nitin Paranjpe non executive vice chairman as leadership reshuffle begins

Infosys names Nitin Paranjpe non executive vice chairman as leadership reshuffle begins

Infosys has named board member Nitin Paranjpe as its non-executive vice chairman, according to an exchange filing dated April 30. The appointment is seen as a move to strengthen the company’s leadership structure as Infosys adjusts to evolving strategic priorities. Paranjpe’s role adds a new layer of board-level oversight at the IT services giant.

Summarised by Beize from a story on Republic on 1 May 2026
Infosys slips out of Indias top 10 as LIC and Bajaj Finance surge ahead

Infosys slips out of Indias top 10 as LIC and Bajaj Finance surge ahead

Infosys has dropped out of India’s top 10 most valuable firms in April 2026 after losing nearly ₹2 lakh crore in market value since January. Even with stronger Q4 FY26 revenue and profit, disappointing FY27 guidance and AI-driven concerns over legacy IT demand pressured the stock. LIC and Bajaj Finance replaced Infosys, underscoring a shift toward banks and non-IT leaders.

Summarised by Beize from a story on IndianWeb2 on 30 Apr 2026

Never miss a story

App StorePlay Store
Infosys appoints Nitin Paranjpe as non executive vice chairman to bolster Nandan Nilekani strategy

Infosys appoints Nitin Paranjpe as non executive vice chairman to bolster Nandan Nilekani strategy

Infosys has appointed Nitin Paranjpe as non-executive vice chairman, effective immediately. Paranjpe currently leads HUL as non-executive chairman and serves as non-executive vice chairman of Heineken NV. He will support Infosys chairman Nandan Nilekani in guiding the board and strategic agenda, while Nilekani said he will continue as chairman as needed.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Infosys plans 20 acre permanent campus in Vizag for 7000 professionals

Infosys plans 20 acre permanent campus in Vizag for 7000 professionals

Infosys is set to build a 20-acre permanent campus in Visakhapatnam, designed for around 7,000 professionals. The move signals growing confidence in the region’s business potential and highlights the widening demand for skilled tech talent. The facility is expected to strengthen Vizag’s position as an emerging IT and employment destination, backed by long-term investment from a global IT player.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Infosys plans 7000 seater campus in Vizag as it nearly quadruples workforce in two years

Infosys plans 7000 seater campus in Vizag as it nearly quadruples workforce in two years

Infosys is scaling its Visakhapatnam operations, adding new capacity after growing its headcount from about 250 in early 2024 to nearly 1,900 today, with another 750 seats expected soon. The company has been allotted 20 acres for a permanent 7,000-seater campus, supported by Andhra Pradesh’s IT and skilling initiatives and local recruitment from freshers to laterals.

Summarised by Beize from a story on IndianWeb2 on 30 Apr 2026
Infosys CEO says AI will reshape India IT talent pyramid and demand new specialized skills

Infosys CEO says AI will reshape India IT talent pyramid and demand new specialized skills

Infosys CEO Salil Parekh expects AI to alter India’s IT talent pyramid, shifting demand toward specialized skills while keeping big structural changes gradual. The company is already adjusting hiring and training to better integrate AI tools. Parekh stresses that Infosys measures AI’s value through client outcomes, not intermediate metrics like token usage, which is being leveraged internally for development.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026

Reading on mobile?

App StorePlay Store
Infosys wins 500 million GCC deal to build and run bank back office in Hyderabad

Infosys wins 500 million GCC deal to build and run bank back office in Hyderabad

Infosys has secured a deal worth over $500 million from US bank Truist Financial to establish and operate a global capabilities centre in Hyderabad. The centre will support roles from sales, HR and finance to IT, hiring up to 4,500 people. Built on a five-year built-operate-transfer model, Infosys plans to make it AI-first using its Topaz platform.

Summarised by Beize from a story on Startup Talky on 29 Apr 2026
Banks surge up market cap charts as HDFC overtakes TCS and Airtel breaks into top tier

Banks surge up market cap charts as HDFC overtakes TCS and Airtel breaks into top tier

India’s market cap rankings are seeing a quiet reshuffle at the top. Reliance stays No 1, but HDFC Bank has overtaken Tata Consultancy Services. Bharti Airtel makes a major jump into the top tier, while Infosys slips down the order. ICICI Bank holds steady and State Bank of India rises despite volatility.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Infosys won’t commit on pay hikes leaving employees waiting amid cautious growth forecast

Infosys won’t commit on pay hikes leaving employees waiting amid cautious growth forecast

Infosys management stayed non-committal on when employees will see salary revisions, pointing to macroeconomic uncertainty and client spending. Staff, already facing a four-month delay in communication, reacted with disappointment as the company also projected cautious revenue growth for 2026-27, keeping timelines unclear.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Infosys tops LinkedIn 2026 career growth list as AI reshapes hiring priorities in India

Infosys tops LinkedIn 2026 career growth list as AI reshapes hiring priorities in India

Infosys has been ranked India’s top company for career growth in LinkedIn’s 2026 list, with Accenture and Amazon close behind. The report flags a shift in hiring: employers increasingly want professionals who pair technical skills with communication and problem-solving to work effectively alongside AI. The result is a career path guided as much by human capability as by code.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026

Follow your favourite sources

App StorePlay Store
Infosys OKs 52 crore ESOPs for CEO Salil Parekh while employee wage hikes stay stalled

Infosys OKs 52 crore ESOPs for CEO Salil Parekh while employee wage hikes stay stalled

Infosys has approved about ₹52 crore in performance-linked ESOPs for CEO Salil Parekh, including grants tied to ESG and Total Shareholder Return. The units will vest over 1–2 years based on milestones. The move comes while FY27 employee salary hikes remain undecided, as management cites a low-growth environment and pressure on discretionary spending.

Summarised by Beize from a story on IndianWeb2 on 27 Apr 2026
Acko prepares $250 million IPO filing as Infosys shares slump sharply again

Acko prepares $250 million IPO filing as Infosys shares slump sharply again

New-age insurer Acko is set to confidentially file draft papers for a potential $250 million stock market debut. In the same tech roundup, Infosys faces a sharp market cap plunge, underlining how uneven sentiment is across India’s listed tech and insurance names.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Infosys slips out of India top 10 as Rs 2 lakh crore value evaporates

Infosys slips out of India top 10 as Rs 2 lakh crore value evaporates

Infosys has fallen out of India’s top 10 most valuable companies after losing about Rs 2 lakh crore in market value. The move has shaken investor confidence around growth momentum and whether clients will keep spending as the IT sector reshapes itself. While AI could create new demand, the transition is also creating fresh risks for established firms like Infosys.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Ultratech Cement joins Infosys as futures open interest jumps fast

Ultratech Cement joins Infosys as futures open interest jumps fast

Ultratech Cement and Infosys were among five NSE F&O stocks that saw a sharp jump in futures open interest on April 24, with gains exceeding 8%. Traders are likely adding fresh positions or expanding existing ones, pointing to higher participation and potential directional moves in these counters. Watch the next session for follow-through or reversal.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026

Stay informed on the go

App StorePlay Store
India tech giants struggle as $115 billion rout deepens after weak results

India tech giants struggle as $115 billion rout deepens after weak results

India’s leading software exporters are under pressure as Infosys and HCL Technologies reported results that missed expectations. Investor fears over slowing growth, worsened by a weak global economy and AI-driven disruption, have dragged valuations across the IT sector. The selloff has erased tens of billions in market value, intensifying doubts about the next phase of earnings momentum.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Infosys tops list as mutual funds pile in again see which other stocks made top five

Infosys tops list as mutual funds pile in again see which other stocks made top five

Infosys is among the top five stocks held by the highest number of mutual fund schemes, according to data compiled as of April 17, 2026. The list tracks which companies attract the broadest fund participation rather than just the biggest holdings, offering a snapshot of what fund managers collectively favor right now.

Summarised by Beize from a story on The Economic Times on 26 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play