Category: Infosys

Benchmarks trim losses; trade continues in red

Indian equity markets trimmed their losses and continue to trade weak in late morning session on account of selling in frontline blue chip counters. Sentiments remained down-beat with the repot that the Finance Ministry has cut its ambitious disinvestment revenue target by 57% to Rs 30,000 crore for the current...

Markets retain early gains amid a range bound trade

Indian equity markets retaining their early gains were trading in a range in early noon session, on value buying activities by market-participants. Sentiment got boost with the statement of finance ministry that the country will grow by 7.5 per cent in the current fiscal, slightly higher than international rating agency...

Infosys’ offshore staff get 6.5% pay hike

Infosys, the country’s second largest IT services exporter, has announced a salary hike of 6.5 per cent for its offshore employees and two per cent for its onsite employees, effective April 1. High performing offshore employees will receive up to 9 per cent hike. This year’s salary hike is almost...