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INFOSYS RESHUFFLE
Prabhudas Lilladher cuts Nifty target to 26,449, lists 16 high conviction stock picksAmidst global market turmoil from the Iran-US war and El Nino, Prabhudas Lilladher lowered its Nifty 50 target to 26,449. The brokerage ant...- Adani Power surpasses Infosys in market capitalisation after 126% rally in one yearAdani Power has overtaken Infosys in market capitalisation to become India’s 11th most valued company. The stock has surged around 68% so f...
- Market cap rankings see quiet realignment as banks outpace ITIndia's top company rankings show stability at the very top. Reliance Industries remains the most valuable. HDFC Bank has overtaken Tata Co...
- Mutual funds raise tech exposure in March after 8-year low. Tactical move or trend reversal?Mutual funds raised tech exposure in March after an eight-year low, driven by tactical rebalancing and improved valuations. Experts say glo...
- HDFC Bank, BSE and Tata Motors among top stocks mutual funds bought and sold during March crashIndian mutual funds aggressively bought equities last month amidst a market correction. They invested heavily in HDFC Bank and BSE, acting ...
- Motilal Oswal trims HDFC Bank, increases weight in SBI amid latest reshuffle. Here’s the full listMotilal Oswal reshuffled its model portfolio, increasing SBI weight while trimming HDFC Bank. It added stocks across financials, new-age, d...
- Sensex, FTSE reshuffle next week: Adani stocks, RIL, Zomato may get impactedA reshuffle in the FTSE index on June 16 is expected to bring a net inflow of $150-200m into Indian equities, according to Nuvama Instituti...
- Infosys CEO Salil Parekh makes first top-level rejigSalil Parekh will now have 3 more direct reportees in a shift to focus on services
- Infosys reshuffles top deck after poor Q1 show, sees another high level exitAnup Uppadhayay's exit marks at least the sixth top level exit from the company since Vishal Sikka took over as CEO in August 2014.
- Infosys conducts executive reshuffle, names new BPO headNew BPO head Radhakrishnan now has the responsibility of orchestrating a turnaround in the fortunes of the unit whose revenues grew at a me...
- Philips’ Krish Shankar may Join Infosys as HR HeadHe was a business partner for the regional organisation and functions of customer development, supply chain, finance etc at Unilever.
- Bank of America now giving out $300 million of annual business to InfosysBank of America is now again handing out business worth over $300 million to India’s second largest software exporter Infosys.
- Infosys Q1 results: Five things to watch out forHere are five things to watch out for with Infosys’s results -- the company is going back to its old schedule of reporting results.
- Infosys Labs being modelled on the lines of legendary Xerox PARC and Bell LabsThe move is a part of a strategy that comes weeks after the organisational reshuffle that resulted in the wing being realigned to the compa...
- Infosys ropes in former SAP India's MD Anirban DeyAnirban Dey announced his appointment at Bengaluru-based Infosys on Twitter and has also updated his profile on LinkedIn.
- Wipro doubles down on banking customers, rejigs the unitWipro currently generates just over a quarter of its overall revenues from the BFSI business, which pales in comparison to rivals such as T...
- Infosys under Vishal Sikka continues its reshuffle exercise as restructuring takes place at Labs and sales forceWeeks after Infy undertook its biggest organisational reshuffle under Sikka, it has rejigged other parts of its organisation, including Inf...
- Vishal Sikka reshuffles responsibilities of numerous top executivesCompany sources said they would soon appoint a CEO for Edgeverve, who will report to Reh. Edgeverve is modelled like a software startup.
- More powers for V Balakrishnan as Infosys rejigs top deckIn addition to heading BPO, Balawill now oversee the division catering to companies in the utilities and resources sectors in N America, ac...
- Top deck reshuffle at Infosys, executive panel rejiggedApart from top-deck changes, Infy has also been consolidating verticals and service lines as part of its "Infosys 3.0" strategy.
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