As Indian firms turn towards disruptive technologies to optimise operations, banks too are joining the social media and mobility bandwagon to offer personalised services to customers this year, IT services
IT bellwether Infosys today reclaimed the spot of being the most influential stock on the BSE index, racing past FMCG major ITC.
As per the exchanges site, Infosys is now
Telecom regulator TRAI today got a new Secretary, Sudhir Gupta, ahead of it releasing the final guidelines spectrum trading and auction of CDMA radiowaves.
Gupta, a principal adviser with TRAI,
State-owned life insurer LIC has pared its stake in IT major Infosys to 3. 71% during the October-December quarter raising about Rs 2 600 crore
IT major Infosys today regained its status as Indian stock market's most influential stock in key benchmarks, pushing FMCG giant ITC to the second position.
At close of trade today,
Already facing an exodus of top management, Infosys is also struggling to retain talent at mid and junior levels, with 1,823 people leaving the firm in the October-December quarter.
Infosys Ltd raised its sales growth outlook for the year after posting a higher-than-expected 21 per cent rise in quarterly net profit as improving US and European economies revived demand
Infosys Ltd is poised to overtake ITC Ltd as the stock with biggest weighting in the benchmark BSE Sensex and broader Nifty.
Infosys weighting in the BSE Sensex currently stands
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William D. Green
Chairman & CEO, Accenture