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The Latest Breaking News from Infosys

Rishi Sunak to stand for Conservative party leader

Former chancellor throws his hat into the ring in race to succeed Boris Johnson

The Guardian - UK

Who are Rishi Sunak’s in-laws? The Indian entrepreneurs wealthier than the King

Personal story of Narayan Murthy, the ‘Steve Jobs of India’ and father-in-law to the UK’s new PM, mirrors his country’s own path to becoming a successful global IT hub

The Independent UK

Rishi Sunak and Sajid Javid: the ministers who called out PM’s ‘tone’ and ‘values’

How does Rishi Sunak, once seen as Johnson’s most likely replacement, measure up against Sajid Javid?

The Guardian - UK

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Here's How Much $100 Invested In Infosys 20 Years Ago Would Be Worth Today

Infosys (NYSE:INFY) has outperformed the market over the past 20 years by 5.72% on an annualized basis producing an average annual return of 12.72%. Currently, Infosys has a market capitalization of $78.03 billion.

Benzinga

Looking Into Infosys's Recent Short Interest

Infosys's (NYSE:INFY) short percent of float has risen 7.02% since its last report. The company recently reported that it has 25.77 million shares sold short, which is 0.61% of all regular shares that are available for trading.

Benzinga

$100 Invested In This Stock 10 Years Ago Would Be Worth $300 Today

Infosys (NYSE:INFY) has outperformed the market over the past 10 years by 1.92% on an annualized basis producing an average annual return of 12.62%. Currently, Infosys has a market capitalization of $76.12 billion.

Benzinga

Tax portal develops snag on first anniversary, govt. asks Infosys to look into issue

Many users complain they were unable to log in, some flag search malfunction

The Hindu

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A year on since launch, I-T portal marred with another glitch; Infosys directed to fix issue

Many users complained of issues while accessing the I-T portal and reported that it was hacked on June 7

The Hindu

Infosys Foundation launches 4 mobile medical labs

Laboratories to provide cost effective diagnostic solutions and curb the spread of communicable diseases primarily among the rural population of Karnataka

The Hindu

Rishi Sunak’s wife invests in firm linked to Qatari rulers

Akshata Murty also shown to hold stake in luxury furniture firm backed by Rupert Murdoch’s daughter

The Guardian - UK

Salil Parekh reappointed as CEO and MD of Infosys for next five years

Mr. Parekh has more than thirty years of global experience in the IT services industry with a track record of driving digital transformation for enterprises

The Hindu

Many instances of terror incidents in India involve educated youth: Defence Minister Rajnath Singh

Speaking at the convocation ceremony of Dr. D. Y. Patil Vidyapeeth in Pune, Defence Minister Rajnath Singh said the future of any country depends on its youth as they are its biggest strength and a catalyst and source of change

The Hindu

Rishi Sunak and wife hit rich list with £730m fortune amid cost-of-living crisis

Driven by Akshata Murty’s £690 million stake in Infosys, the Chancellor and his wife entered the Sunday Times list for the first time.

The Independent UK

Rishi Sunak and Akshata Murty make Sunday Times Rich List amid cost of living crisis

The pair ranked 222nd on the list with a combined fortune of £730million

Evening Standard

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The National (Scotland)

Rishi Sunak named in Sunday Times Rich List among record number of billionaires

RISHI Sunak and Akshata Murty have made the Sunday Times Rich List for the first time with their joint £730 million fortune as Russian…

Manchester Evening News

'Fantastic' that Rishi Sunak is on Sunday Times Rich List with £730m fortune, Dominic Raab says

The Chancellor and his wife’s finances have come under intense scrutiny in recent months

Wales Online

Rishi Sunak and Akshata Murty make rich list with £730million fortune

It has been estimated Ms Murty’s non-dom status could have saved her £20 million in taxes

The Independent UK

Rishi Sunak and Akshata Murty make Sunday Times Rich List with £730m fortune

Meanwhile, Roman Abramovich tumbled down the rankings after sanctions and the enforced sale of Chelsea football club hit his wealth.

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news in one place.

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Benzinga

Here's Why JP Morgan Downgraded Indian IT Sector To Underweight; Reiterated Overweight On Infosys

JP Morgan Chase & Co (NYSE: JPM) analysts said that soaring inflation, supply chain issues, and the Ukraine war would bring an end to the growth boom India's IT services industry enjoyed during the pandemic. The analysts downgraded the sector to "Underweight."

The National (Scotland)

Rishi Sunak told to explain wife's alleged business links to Russia

RISHI Sunak has been told to urgently answer questions about his wife’s alleged business links to Russia.

The Independent UK

Labour demands answers from Rishi Sunak on Russian presence of company in which wife has £400m stake

Infosys promised to leave Moscow base after invasion of Ukraine

The Guardian - UK

Boris Johnson to hail Ukraine’s ‘finest hour’ in address to Kyiv parliament

PM to be first world leader to address parliament since war began, as his chancellor faces questions over Infosys

The Independent UK

Labour demands explanation over Rishi Sunak’s wife’s £400m Infosys stake

The Indian IT giant is reportedly still operating in Moscow despite having said it would close its Russian operation.

The Hindu

Technopark in Thiruvananthapuram celebrates employees returning to the office after two years

Companies at Technopark in Thiruvananthapuram organise programmes, contests and team outings to welcome back employees, who in turn are setting social media abuzz with ‘#back2office’ photographs and videos

The Hindu

Markets continue to fall for 2nd day; Sensex declines 85 points

Titan, Wipro, Tech Mahindra, Infosys, Maruti, Asian Paints, Larsen & Toubro, and SBI were among the major laggards, and NSE Nifty declining by 33.45 points or 0.20% to close at 17,069.10

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