Infosys announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harness the power of generative AI to achieve transformative growth. Infosys and Google Cloud share a strong legacy of delivering innovative data analytics and AI solutions, driving customer success. Infosys has already enabled more than 60,000 employees on Google Cloud. Combining the expertise of Infosys Topaz AI capabilities and Infosys Cobalt cloud capabilities, with Google Cloud's gen AI technology, the center of excellence will help address complex challenges across both business and technology domains using innovative enterprise AI solutions. The collaboration will enable a conducive environment for enterprises to co-create customized solutions in areas such as contact center AI, software development lifecycle, agentic AI, speech-to-speech, text-to-image, and application modernization, aimed at optimizing efficiency and business performancePowered by Capital Market - Live

Infosys will hold a meeting of the Board of Directors of the Company on 16 January 2025.Powered by Capital Market - Live

Infosys Compaz, a joint venture between Infosys  and Temasek, today announced that it has strengthened its collaboration with Singapore-based info-communications provider, StarHub to accelerate their operations and drive technology-led innovations. Infosys Compaz will focus on transforming the company into a cloud-centric enterprise, prioritizing AI and cloud technologies, cybersecurity, and digital transformation. Infosys Compaz was chosen by StarHub for its extensive experience in digital transformation, cybersecurity, and generative AI capabilities. Infosys Compaz will also deliver generative AI solutions and workplace transformation technologies that will enable StarHub to actively pursue new market opportunities. In addition, by leveraging Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, and Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies, the collaboration will help global organizations simplify their operations, make meaningful decisions, and achieve cost efficiencies. The collaboration aims to deliver value to StarHub's clients across a wide range of services, including legacy modernisation and product implementation, AI & automation, data & analytics as well as industrialised operations. Infosys Compaz and StarHub will also co-create AI models by using telecommunications data to create offerings that address specific industry use cases and implement effective, tailored solutions.Powered by Capital Market - Live

Infosys announced a strategic collaboration with Kardex, a leading global provider of intralogistics solutions, including automated storage solutions and material handling systems, to transform its business operations using SAP S/4HANA. Leveraging Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, Infosys will help Kardex unify its ERP system in over 30 countries, boost operational efficiency, and scalability. Infosys was selected by Kardex for its extensive experience in executing large-scale digital transformation projects with SAP S/4HANA and its deep expertise in the manufacturing and logistics sectors. As part of this engagement, Infosys will help Kardex harmonize and standardize its business processes to drive productivity, flexibility, and improved decision making. To ensure seamless data transfer, minimize downtime and maintain data integrity, Infosys is leveraging its own tools, including Infosys Data Services Suite (iDSS), a data management solution that helps in end-to-end data life cycle automation. As a part of the engagement, Infosys aims to create a unified system for Kardex, to equip them with real-time insights, enhanced customer experience, and a strong foundation for growth.Powered by Capital Market - Live

Infosys Ltd is up for a third straight session today. The stock is quoting at Rs 1858.8, up 1.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.43% on the day, quoting at 23682.8. The Sensex is at 78137.76, up 1.27%. Infosys Ltd has slipped around 0.78% in last one month. Meanwhile, Nifty IT index of which Infosys Ltd is a constituent, has slipped around 0.99% in last one month and is currently quoting at 41952.8, up 1.64% on the day. The volume in the stock stood at 18.92 lakh shares today, compared to the daily average of 49.62 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 1859.8, up 1.53% on the day. Infosys Ltd is up 28.26% in last one year as compared to a 19.6% jump in NIFTY and a 31.72% jump in the Nifty IT index.The PE of the stock is 27.58 based on TTM earnings ending September 24.Powered by Capital Market - Live

The intimation has been received for levy of penalty and pending tax payment for the period from Q3 2019 to Q1 2024 (calendar year). The IT major said that it is in the process of seeking clarifications on the pending tax amounts and levy of penalty. Infosys is a global leader in next-generation digital services and consulting. The IT major reported a 2.2% rise in consolidated net profit to Rs 6,506 crore on a 4.25% increase in revenues to Rs 40,986 crore in Q2 FY25 over Q1 FY25. Powered by Capital Market - Live

Infosys Ltd rose 1.16% today to trade at Rs 1823.55. The BSE Information Technology index is up 0.49% to quote at 41952.51. The index is down 2.52 % over last one month. Among the other constituents of the index, Magellanic Cloud Ltd increased 0.87% and Oracle Financial Services Software Ltd added 0.84% on the day. The BSE Information Technology index went up 33.91 % over last one year compared to the 22.32% surge in benchmark SENSEX. Infosys Ltd has lost 6.67% over last one month compared to 2.52% fall in BSE Information Technology index and 2.66% drop in the SENSEX. On the BSE, 10128 shares were traded in the counter so far compared with average daily volumes of 2.66 lakh shares in the past one month. The stock hit a record high of Rs 1990.9 on 15 Oct 2024. The stock hit a 52-week low of Rs 1359.1 on 04 Jun 2024.Powered by Capital Market - Live

Infosys announced the launch of its small language models - Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM - built using the powerful NVIDIA AI Stack. The collaboration leverages NVIDIA AI and Infosys Topaz offerings to provide a robust foundation for implementing and scaling enterprise AI. These models are developed as part of the Infosys center of excellence dedicated to NVIDIA technologies and built to help businesses quickly adopt and scale AI. The small language models utilize general and industry-specific data, enhanced by NVIDIA's AI Enterprise and NVIDIA AI Foundry in collaboration with Sarvam AI. The models are fine-tuned with Infosys data and integrated into existing offerings, like Infosys Finacle and Infosys Topaz for business and IT operations, creating robust foundational models for industry-specific applications. Infosys also provides these models as services that include pretraining-as-a-service and fine-tuning-as-a-service, to help businesses build their own custom AI models securely, in compliance with industry standards. As part of the center of excellence, Infosys is working with NVIDIA on NIMTM Agent Blueprints to streamline AI application development and integrate innovations such as the new Digital Human blueprint for customer service, multimodal PDF data extraction and various other use cases for Infosys Topaz offerings. Beyond these, the collaboration extends to digitalization efforts, addressing areas like 3D workflows and digital twins with NVIDIA Omniverse Enterprise, and Infosys Responsible AI suite, using NVIDIA NeMo Guardrails. The center of excellence also unveiled an exclusive AI Experience Zone, featuring the latest capabilities from NVIDIA AI and Infosys Topaz. The zone is designed to foster co-innovation in AI solutions, such as agentic and physical AI use cases, across sectors such as telecommunications, retail, and financial services. Powered by Capital Market - Live

The Board of Infosys at its meeting held on 17 October 2024 has approved merger of WongDoody Inc (wholly owned subsidiary) and Blue Acorn iCi Inc, Outbox Systems Inc., d.b.a Simplus and Kaleidoscope Animations Inc (step-down subsidiaries) with Infosys Nova Holdings LLC (wholly owned subsidiary). WD is a US-based, full-service creative and consumer insights advertising agency (Revenue for FY ending Dec'23 - USD 123.7 million). Simplus provides enterprise-wide digital transformation across the Salesforce ecosystem through advisory, implementation, change management, and managed services (Revenue for FY ending Jan'24 - USD 106.0 million). BA is a leading digital experience company that empowers global brands to deliver remarkable customer experiences and enables clients to navigate large-scale digital transformation programs.(Revenue for FY ending Dec'23 -USD 88.5 million). Kaleidoscope is a product design, development and insights firm, with services focused primarily on medical devices. (Revenue for FY ending Dec'23 - USD 45.0 million)Powered by Capital Market - Live

The Board of Infosys at its meeting held on 17 October 2024 has approved the acquisition of Blitz 24-893 SE through Infosys Singapore, a wholly owned subsidiary of Infosys, for a consideration of EUR 135,000 including cash. Blitz 24-893 SE was incorporated in August 2024 and the company does not have any operations. The objective of the entity would be to provide Information Technology (IT) and Information Technology (IT) enabled services post acquisition. Powered by Capital Market - Live