Top 3 firms add Rs 75,855 crore in market valuation last week
Mumbai, Jan 18 (IANS) The combined market valuation of three of India’s top companies surged by Rs 75,855.43 crore last week, even as the overall stock market showed a sluggish trend during the holiday-shortened week. State Bank of India (SBI) and Infosys were the biggest gainers among the top firms. While the Sensex slipped 5.89 […]
Infosys lays off nearly 700 freshers from Mysuru campus, claims IT employees’ union
New Delhi, Feb 7 (IANS) IT giant Infosys has laid off nearly 700 freshers from its Mysuru campus, IT employees’ union Nascent Information Technology Employees Senate (NITES) claimed on Friday. The union claimed that the freshers were being terminated after just a few months of being onboarded to the company. Moreover, the terminated freshers are […]
WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs
Hyderabad, Jan 23 (IANS) IT major Infosys Limited will expand its presence in Hyderabad to create 17,000 jobs. The announcement was made at the World Economic Forum (WEF) in Davos following the meeting of Infosys CFO Jayesh Sanghrajka with the Telangana IT and Industries Minister D. Sridhar Babu on Thursday. The state government and Infosys […]
High valuations of market can constrain further rally, say analysts
New Delhi, March 5 (IANS) While the market is steady, the small cap index is showing some strain with a cut of 0.5 per cent on Monday, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
