STARTUP/TECHNOLOGY
Infosys Q1 Profit Rises 12% To ₹7,769 Cr As AI-Powered Deals Drive Growth
IT services major Infosys kicked off FY27 on a strong note, reporting a 12.2% year-on-year increase in consolidated net profit to ₹7,769 crore for the first quarter ended June 30, 2026, driven by robust demand for artificial intelligence (AI)-led transformation services and large deal wins. The country’s second-largest IT services company posted consolidated revenue of […]
CW Bureau
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Jul 23, 2026
STARTUP/TECHNOLOGY
Ashiss Kumar Dash Named Infosys CEO Designate, To Replace Parekh
Indian IT major Infosys has announced the appointment of Ashiss Kumar Dash as its Chief Executive Officer (CEO) Designate, setting the stage for a planned leadership transition at India’s second-largest IT services company. Dash will take over as Managing Director & CEO from April 1, 2027, following the completion of incumbent CEO Salil Parekh’s second […]
CW Bureau
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Jul 23, 2026
STARTUP/TECHNOLOGY
Infosys Offers AI Across 90% Of Top Clients, Eyes $300 Bn Opportunity
Infosys is rapidly emerging as a global leader in artificial intelligence (AI) services, with AI-led programmes now deployed across 90% of its top 200 clients, according to Chief Executive Officer and Managing Director Salil Parekh. In the company’s Annual Report 2026, Parekh said Infosys is accelerating its transition towards AI-powered services, positioning itself to capture […]
CW Bureau
·
May 30, 2026