Shares of IT major Infosys fell 1% to the day’s low of Rs 1,845.40 on BSE on Thursday after the company was in the news for being under an investigation by the Directorate General of GST Intelligence for alleged evasion of over Rs 32,000 crore GST. The company has however provided clarification on the matter … Read more
Four-month-old Ekagrah Rohan Murty has become a millionaire even before learning how to walk on two legs as his grandfather and billionaire NR Narayana Murthy has gifted him 15 lakh Infosys shares worth over Rs 240 crore. Regulatory filings show that 77-year-old Murthy gifted 15 lakh shares or 0.04% stake to his grandson in an … Read more
Shares of IT major Infosys on Friday rallied up to 6.7% to the day’s high at Rs 1,594 on BSE as it reported decent results after back-to-back disappointments in recent quarters. Investors are betting that Q3 was the bottom for the earnings downgrade cycle for Infosys and the sector as the US macro becomes favourable … Read more
Shares of Infosys on Tuesday fell up to 2.5% to the day’s low at Rs 1,522.50 on BSE after a global company terminated the MOU for a $1.5 billion deal with the IT giant. “The global company has now elected to terminate the Memorandum of Understanding and the parties will not be pursuing the Master … Read more
