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Infosys Limited American Depositary Shares - INFY STOCK NEWS

Welcome to our dedicated page for Infosys American Depositary Shares news (Ticker: INFY), a resource for investors and traders seeking the latest updates and insights on Infosys American Depositary Shares stock.

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.

News

Infosys Collaborates with Musgrave to Drive Cognitive First IT Transformation

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Infosys has signed a seven-year strategic collaboration with Musgrave, Ireland's leading food retail, wholesale, and foodservice company. The collaboration aims to automate Musgrave's IT operations using Infosys Topaz and Infosys Cobalt, leveraging AI and Cloud offerings. Through its Cognitive First framework, Infosys will integrate AI, ML, knowledge management, and cognitive automation capabilities to amplify enterprise intelligence across the value chain for Musgrave.
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Infosys Brings AI-First Technologies to Centre Court for a More Immersive Australian Open 2024 Experience

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Infosys and Tennis Australia have launched digital platforms with generative AI features to empower fans, players, and media at the 2024 Australian Open. Infosys is advancing its AI footprint with technologies for fan engagement, player performance, and digital content creation. The company is also leveraging a digital skilling platform to build future leaders in Australia. The AO experience has been reimagined in many new ways, including AI-powered fan engagement challenges, AI-generated match story visual cards, graffiti-inspired AI art, and AI watching match action to provide winning insights for players and coaches. Infosys has also launched an all-new Generative AI experience 'Rafa Forever' to celebrate the tennis legend Rafael Nadal. The press release includes statements from Craig Tiley, CEO of Tennis Australia, and Andrew Groth, Executive Vice President Asia Pacific, Infosys.
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Infosys, a Top 3 IT services brand globally. Leads the IT services industry with the fastest CAGR in brand value over 5 years. Infosys' Salil Parekh is the no.1 IT services CEO in Brand Guardianship Index 2024

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Infosys has been recognized as the Top 3 IT services brand globally and the fastest growing IT services brand over a 5-year period by Brand Finance. The company's brand value has more than doubled in the last 5 years, reaching over US$14 billion in 2024, and Infosys' CEO, Salil Parekh, has been acknowledged as the top IT services ranking in Brand Finance's Brand Guardianship Index (BGI) 2024. Infosys has also onboarded tennis icons Rafael Nadal and Iga Świątek as brand ambassadors and launched its 'Champions Evolve' campaign, strengthening its brand thrust through strategic collaborations with Madison Square Garden, ATP, Roland Garros, and other key partners. The company continues to focus on its ESG Vision 2030, demonstrating extraordinary leadership and community impact.
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Infosys: Resilient performance in a seasonally weak quarter; Large deal momentum continues with 71% net new deals

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Infosys (INFY) reported $4,663 million in Q3 revenues with a 1.0% decline in constant currency. The large deal TCV for the quarter was $3.2 billion, with 71% being net new. Operating margin was 20.5%, and attrition declined to 12.9%. FY24 revenue guidance was revised to 1.5%-2.0% and operating margin guidance at 20%-22%.
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Infosys to Harmonize the Systems of LKQ Europe

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Infosys (NYSE: INFY) announces a 5-year collaboration with LKQ Europe, a leading distributor of automotive aftermarket parts, to harmonize business processes and improve product availability.
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European Firms Struggle to Generate Value from Generative AI, Yet Will Double Spending in 2024: Infosys Research

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Infosys (NYSE: INFY) research shows European GenAI investment to increase by 115% to $2.8 billion, but faces ethical and regulatory concerns.
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Infosys and TK Elevator Extend Strategic Collaboration

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Infosys (INFY) announces a strategic long-term collaboration with TK Elevator to consolidate, harmonize, and modernize TK Elevator's digital landscape with an AI-first strategy. The engagement aims to innovate and transform the company's application and IT environment, leveraging Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies. The collaboration will transition the operations of all TK Elevator's business applications across North America and major markets in Europe to Infosys, enabling integrated applications management and contributing to a simplified and agile digital landscape.
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Infosys Collaborates with Proximus, Offering Fiber and New Digital Services to More Customers

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Infosys (INFY) collaborates with Proximus to modernize IT stack and broaden offerings
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Two-thirds of global executives report cloud has returned positive ROI over last two years, says MIT Technology Review Insights report with Infosys Cobalt

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Infosys (INFY) and MIT Technology Review Insights release the '2023 Global Cloud Ecosystem' report, highlighting the impact of cloud capabilities on global digital transformation, including sustainability, AI, and cybersecurity. The report reveals that 54% of organizations use cloud tools for ESG compliance, but there is room for improvement in addressing carbon emissions. Cloud deployments drive cost-efficiency, with 82% tracking positive ROI. Data governance and cybersecurity concerns remain, but the zero-trust paradigm gains acceptance. Cloud is also leveraged for diversity, equity, and inclusion compliance.
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Infosys and Better collaborate to offer Mortgage as a Service

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Infosys (INFY) and Better Home & Finance Holding Company (BETR) collaborate to launch Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labelled platform. Better's digital technology has already funded over $100 billion in fully digital loans, and Infosys aims to help clients reap the advantages of Mortgage as a Service faster.
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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.

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Infosys Limited American Depositary Shares

NYSE:INFY

INFY Rankings

#130 Ranked by Market Cap
#1349 Ranked by Dividends

INFY Stock Data

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