The Nifty IT index slumped over 6 per cent after Accenture lowered its FY26 growth forecast and reported weaker bookings, triggering a broad-based sell-off in Indian technology stocks led by Infosys and TCS.
For more than two decades, India's information technology industry built something genuinely admirable: a world class services engine that became the back office of the global economy.
Parallel developments at Infosys Pune and TCS Nashik highlight rising scrutiny on workplace conduct in Maharashtra’s IT sector, with probes, denials and regulatory action unfolding simultaneously.
Indian equity benchmarks traded sharply higher on Friday, mirroring gains in global markets despite fresh geopolitical tensions and concerns over the closure of the Strait of Hormuz.
According to police, the incident occurred in the Shiv Vatika Township in Lasudiya area.
Infosys is the latest entry to the list of IT firms clamping down on moonlighting employees. However, the IT behemoth is mulling a system that will allow employees to work on external projects too.
Ravi Kumar S started his career as a nuclear scientist at the Bhabha Atomic Research Center. After working for three years he moved on to PricewaterhouseCoopers as a Senior Consultant. He also served Cambridge technology partners for one year as Associate Director.
The techies of Infosys hit the road with the cycles to promote Non-Motorised Transport (NMT) for a greener and livable and sustainable city.
According to sources, the IT major will come up with a data centre at the site. This apart, another IT major Wipro is coming up with its second campus Rajarhat. Wipro’s first campus was set up at Salt Lake Sector V in 2005-06. Both Infosys and Wipro were given 50 acres of land for setting up their campuses.
Infosys will harness its Enterprise Service Management (ESM) Café, built on the Now Platform, along with ServiceNow OTM, to improve resilience.
