By IANS Updated: October 23, 2026, 05:19 PM IST Executive Summary: The Q2 FY27 Performance In a development that has sent ripples through the Indian IT services sector, industry bellwether Infosys announced its financial results for the second quarter of the fiscal year 2027 on Friday. The Bengaluru-headquartered giant reported a net profit of Rs […]
Infosys Q2 FY27 Financial Results: Strong Mega Deals and Surging AI Revenues Offset by Macro Headwinds and Slow-Burn Conversions
BENGALURU — Indian Information Technology (IT) bellwether Infosys has announced its financial results for the second quarter of fiscal year 2027 (Q2 FY27), showcasing a potent mix of robust large-deal momentum, rapid artificial intelligence (AI) adoption, and a steadily expanding workforce. However, the numbers also underline persistent macro headwinds and a complex industry-wide transition where […]
AI Demand Outpaces Supply as Industry Leaders See Profitability on the Horizon, Says Infosys CEO Salil Parekh
GLOBAL — Amid lingering market skepticism concerning the sustainability of artificial intelligence spending, top technology and investment executives have offered a unified, highly bullish outlook. Speaking at the prestigious Bloomberg New Economy Forum, Infosys Managing Director and CEO Salil Parekh, alongside other global tech and infrastructure leaders, emphasized that global enterprise demand for AI is […]
Infosys Assures Investors: No Material Business Impact Expected From US Suspension of PERM Green Card Applications
By Reuters Published: October 11, 2026 Market Snapshot & Overview As Indian benchmark indices staged a robust recovery on the broader trading floor—with the SenseX surging 879.09 points to close at 72,472.33, and the Nifty climbing 288.65 points to settle at 22,520.45, alongside strong gains across commodities like Crude Oil (8,892.00, +28.00), Gold (151,532.00, +1,922.00), […]
IPO-Bound Cars24 Onboards Infosys CFO Jayesh Sanghrajka As Independent Director
SUMMARY To note, Sangharjka has been working with Cars24 in the capacity of an audit committee member since 2021 Over his near 14 year tenure with Infosys, he has headed mergers and acquisitions and handled stakeholder management as well as heading post merger integration of companies The appointment comes at a time when Cars24 is […]