Infosys (INFY.NS) shares down 2.6% on $1.5B AI deal end. Deal signed in Sept 2023 for enhancing digital experiences. Setback follows CFO Nilanjan Roy’s resignation amid industry uncertainties. Infosys (INFY.NS) witnessed a decline of up to 2.6% in its shares on Tuesday following the unexpected termination of a $1.5 billion deal with an unnamed global … Read more
Indian software massive Infosys said Wednesday it become “transitioning” out of the Russian marketplace following the Ukraine battle and battle of hobby accusations levelled at Rishi Sunak, the British finance minister. Sunak’s wife Akshata Murty holds an almost $1 billion stake in the IT firm, which become based through her father N.R. Narayana Murthy and … Read more
Rishi Sunak, the UK Chancellor of the Exchequer, was questioned on Thursday about Infosys, the Indian software services firm in which his wife Akshata Murty owns a stake. The Indian-origin finance minister, who is the son-in-law of Infosys co-founder Narayana Murthy, was challenged on-air why his counsel to businesses was not being followed within his … Read more
MUMBAI: India plans to sell a five per cent stake in insurance giant LIC in what could potentially be the country’s largest initial public offering, according to a regulatory filing Sunday. Prime Minister Narendra Modi’s government is desperate for proceeds from the IPO of the Life Insurance Corporation of India and the sale of other … Read more
