Infosys To Hold Analysts' Meet On April 23, May Unveil New Strategy
New Delhi: Infosys on Saturday announced it will hold an analysts' meet on April 23 in Mumbai where the Bengaluru-based outsourcing giant is expected to unveil its new strategy. The IT major on Friday reported a 2.4 per cent rise in the March quarter net profit and projected better revenues in FY19 as it focuses on digital business and increasing localisation in key markets like the US and Europe.
"This is to inform that the Company will organize an analyst meeting in Mumbai on April 23, 2018 at Hotel Taj Lands End, Bandra between 4:00 PM and 7:30 PM," the company said in a BSE filing.
Infosys said the proceedings of the meet will be webcast live on the company's website along with the presentations made at the event and transcripts of discussions.
Also Read: Infosys CEO Salil Parekh Delivers In His First Quarter, Net Profit At Rs. 3,690 Crore
Outlining the strategy, the firm's CEO Salil Parekh Friday said Infosys will focus on four pillars -- scaling digital business ($2.79 billion in revenue currently), energising client's core technology landscape via artificial intelligence and automation, re-skilling employees, and expanding localisation in markets like US, Europe, and Australia.Â
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
-
When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.