Infosys Ltd

Supply side challenges, higher employee costs, high attrition rates and pricing pressures continue to weigh on the sector

Labour union says non-compete clauses in employment contracts are discriminatory

It is standard business practice for employment contracts to include controls of reasonable scope and duration to protect confidentiality of information, says Infosys

Analysts bullish on IT major, advise add on declines

The company’s performance was largely within the management’s guided range

Company projects growth of 13-15 per cent for FY23

Buzzing stocks: Infosys, Den Networks, Tata Steel, TVS Motor, HeidelbergCement, Thermax, Fino Payments, Indiabulls Real Estate, RITES, Jaykay Enterprises, Indsil Hydro, Shivalik Bimetal, Sat Industries

In the ranking of top-10 firms, RIL maintained its top position.

Rejecting claims of tax avoidance, British finance minister Rishi Sunak said non-domiciled status had been tarnished by some British-born people who have attempted to use it to dodge tax

Company says do not have any active business relationships with local Russian enterprises

Amid calls for sanctions against Russia, pressure is mounting on the UK’s Chancellor of Exchequer Rishi Sunak to clarify if he is benefitting from his wife’s stake in Infosys

Strategic acquisition to further strengthen Infosys’ digital experience capabilities in Germany, across Europe, and Northeast Asia