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Infosys Limited American Depositary Shares - INFY STOCK NEWS

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Infosys Limited (NYSE: INFY) is a pioneering Indian multinational corporation specializing in business consulting, information technology, and outsourcing services. Founded in Pune and headquartered in Bangalore, Infosys is a global leader in IT services with an extensive workforce of nearly 250,000 employees. The company predominantly derives its revenue from North America, employing an offshore outsourcing model that constitutes 60% of its total income.

Infosys offers an array of services including traditional IT consulting, managed services, cloud infrastructure solutions, and business process outsourcing (BPaaS). The firm is renowned for its innovation in next-generation digital services, leveraging advanced technologies such as Artificial Intelligence (AI), cloud computing, and generative AI through its proprietary Infosys Topaz platform.

Recently, Infosys announced a strategic collaboration with Germany's Handelsblatt Media Group, aiming to revolutionize digital storytelling through AI technologies. This partnership will employ Infosys Topaz to enhance accessibility and user engagement with Handelsblatt’s economic and financial reports.

Infosys has also expanded its digital banking solutions through Infosys Finacle, recently partnering with UAE's pioneering digital-only bank, Zand. This collaboration involves deploying cloud-native solutions on Microsoft Azure to deliver a future-ready, AI-powered banking experience.

In addition to its technological advancements, Infosys has shown a strong financial performance. For FY24, the company reported $18.6 billion in revenue, with substantial growth margins and robust free cash flow. Furthermore, Infosys has announced significant partnerships and acquisitions, including a deal to acquire in-tech, a German Engineering R&D services provider, strengthening its capabilities in the automotive sector.

Infosys is deeply committed to sustainability and social responsibility, fostering an inclusive workplace where diverse talent thrives. The company’s dedication to digital transformation is evident through its sustained efforts in AI and cloud services, aiming to empower businesses and communities worldwide.

Rhea-AI Summary
Infosys and Intel expand collaboration to accelerate AI journeys for global enterprises through advanced AI solutions. Infosys Topaz to integrate Intel-based solutions for Gen AI adoption and skill up employees on Intel products.
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Infosys Finacle and Zand Bank collaborate to enhance corporate banking services with advanced cloud-native solutions on Microsoft Azure. Zand's adoption of Finacle modular core banking system signifies a strategic move towards innovation and cutting-edge technologies like AI and blockchain.
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Infosys collaborates with Handelsblatt Media Group to enhance digital storytelling using AI technology, making complex economic reports more accessible and engaging for the public.
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Infosys renews its digital innovation partnership with the ATP Tour until 2026, focusing on AI-driven features to enhance the fan experience and player performance in professional tennis. The partnership has led to a 50% increase in traffic on the ATP website's stats section and over 5.7 million digital engagements from fans worldwide. Infosys and ATP will continue to innovate with AI and data to personalize experiences for players and fans, including initiatives like the ATP Carbon Tracker to monitor and offset players' carbon footprint.
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Infosys (NYSE: INFY) receives The 2024 World's Most Ethical Companies® recognition by Ethisphere for the fourth consecutive year. Infosys is one of 136 honorees globally, standing out in the software and services industry. The assessment is based on Ethisphere's Ethics Quotient® covering various aspects of ethics, compliance, and governance.
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PROG Holdings, Inc. and Infosys announce a collaboration to enhance technology operations, focusing on cloud and AI modernization. Infosys will provide digital services to improve operational efficiencies, accelerate technology enhancements, and widen PROG Holdings' leadership in the virtual lease-to-own market.
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PROG Holdings, Inc. (NYSE: PRG) partners with Infosys to enhance technology operations through cutting-edge digital services, AI initiatives, and cloud-first approach, aiming to boost operational efficiencies, accelerate technology enhancements, and widen leadership in virtual lease-to-own market.
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Infosys launches Responsible AI Suite to address ethical concerns in AI adoption, offering a comprehensive set of solutions and services to help enterprises navigate the challenges of responsible AI deployment.
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Dow Jones and Infosys announce the launch of enhanced WSJ Preference Center to provide users with personalized digital experiences. The new tools offer customization options to improve relevance and surface insights users don't want to miss.
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Infosys celebrates its 25-year partnership with SAP, reiterating its commitment to accelerating digital transformation and creating sustainable business value for customers through Infosys Cobalt. The alliance aims to develop innovative solutions for enterprises across industries, leveraging the power of AI and SAP's extensive portfolio of cloud applications.
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FAQ

What is the current stock price of Infosys American Depositary Shares (INFY)?

The current stock price of Infosys American Depositary Shares (INFY) is $22.77 as of December 24, 2024.

What is the market cap of Infosys American Depositary Shares (INFY)?

The market cap of Infosys American Depositary Shares (INFY) is approximately 94.3B.

What services does Infosys Limited provide?

Infosys offers IT consulting, managed services, cloud infrastructure solutions, and business process outsourcing (BPaaS), leveraging advanced technologies like AI and cloud computing.

Where is Infosys Limited headquartered?

Infosys is headquartered in Bangalore, India.

What recent partnerships has Infosys entered?

Infosys recently partnered with Handelsblatt Media Group and UAE's Zand Bank to enhance digital storytelling and banking services, respectively.

How many employees does Infosys have?

Infosys employs nearly 250,000 people globally.

What is Infosys Topaz?

Infosys Topaz is an AI-first set of services, solutions, and platforms that leverage generative AI technologies to accelerate business value.

What financial performance did Infosys report for FY24?

Infosys reported $18.6 billion in revenue for FY24, with a strong operating margin of 20.7% and robust free cash flow of $2,882 million.

What acquisitions has Infosys recently made?

Infosys has acquired in-tech, an Engineering R&D services provider focused on the German automotive industry, to bolster its digital engineering capabilities.

What is Infosys Finacle?

Infosys Finacle is a subsidiary of Infosys that provides digital banking solutions, including core banking, lending, digital engagement, and AI-powered services.

How does Infosys contribute to sustainability?

Infosys is committed to being an environmentally sustainable organization, fostering an inclusive workplace, and driving continuous improvement through digital skills and innovation.

In which regions does Infosys generate most of its revenue?

Infosys derives 60% of its revenue from North America through its offshore outsourcing model.

Infosys Limited American Depositary Shares

NYSE:INFY

INFY Rankings

INFY Stock Data

94.31B
4.14B
12.29%
2.12%
Information Technology Services
Technology
Link
United States of America
Bengaluru