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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.

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Infosys and NVIDIA expand collaboration to drive productivity gains with generative AI applications and solutions
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Infosys announces strategic collaboration with STARK Group for digital transformation leveraging AI technologies
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Cloud spending remains high: 67% of companies increased cloud spending this year, and 80% intend to raise their spending next year. Utilization: Only 47% of current cloud commitments are utilized, over $300 billion in corporate cloud commitments remain untapped. Cost is a headache: Roughly 50% of companies struggle to manage their cloud costs. Cloud is complex: Nearly two-thirds of respondents (65%) use three or four cloud vendors. Companies unable to control cloud deployments: 43% of companies report having unclear policies regarding the department or function head authorized to deploy cloud resources. Overall, cloud still matters: 73% agree that cloud migration achieves objectives, which drives further cloud interest and investment.
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Infosys partners with women's tennis World No.1 Iga Świątek, leveraging AI to enhance her training and match strategy. They will also create programs to empower young women in STEM careers.
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Infosys announces three-year partnership with Rafael Nadal, developing AI-powered match analysis tool
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Infosys Foundation USA announces $200,000 investment to support upskilling for tech careers in Indiana.
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Infosys, a global leader in digital services and consulting, has unveiled its sonic brand identity, a unique melody that will serve as an auditory reinforcement of the company's core identity and brand purpose. The sonic landscape will be integrated across Infosys' platforms and brand assets, creating a deeper emotional connection with stakeholders. To mark the debut of their sonic identity, Infosys has invited stakeholders to engage with their sonic brand, triggering transformative digital learning experiences for underprivileged students and jobseekers in India. Infosys has been recognized as one of the top 100 most valuable global brands and one of the top three most valuable IT services brands globally.
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Infosys (NSE: INFY) reports $4,617 million Q1 revenues with 4.2% YoY growth and $2.3 billion large deal TCV. Operating margin stable at 20.8%. ROE improved 180 bps to 32.8%. FY24 revenue guidance revised to 1.0%-3.5% and operating margin guidance retained at 20%-22%. Strong large deal closures and robust deal pipeline position the company well for future growth.
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Infosys and the International Tennis Hall of Fame have launched a dynamic Metaverse museum, bringing the ITHF experience to tennis fans worldwide. The Metaverse allows fans to explore the ITHF, view holographic statues of Hall of Famers, and discover iconic items from tennis history. The experience aims to redefine the fan experience and engage new tennis enthusiasts.
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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 $21.53 as of November 15, 2024.

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

The market cap of Infosys American Depositary Shares (INFY) is approximately 89.2B.

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

89.19B
4.15B
12.85%
1.63%
Information Technology Services
Technology
Link
United States of America
Bengaluru