Nifty IT News and Updates

Keep track of all breaking news on Nifty IT from all sources in a single place.

24 May 2025, 09:01PM

8321.50

0.72%

F&O Query: Should you short Coforge futures?

Business Line

Broadly, the next short-term price swing depends on the direction in which the stock moves out of the range of 8,000-8,600

Coforge Ltd. is trading above all available SMAs

Short Take: Coforge F&O contract adjustments

Business Line | 24 May 2025, 09:00PM

Oracle Financial Services Software Ltd.

24 May 2025, 10:35AM

8366.50

0.87%

Oracle to buy $40 billion of Nvidia chips for OpenAI's US data center, FT reports

Business Line

The cloud service provider will purchase around 400,000 of Nvidia's most powerful GB200 chips and lease the computing power to OpenAI, the report said

Number of FII/FPI investors decreased from 707 to 698 in Mar 2025 qtr

Wipro Ltd.

23 May 2025, 09:50PM

247.36

0.58%

Wipro warns tariff hikes, immigration curbs, trade war may hit growth

Business Standard

Wipro said it derives over 62 per cent of its revenue from US clients and around 27 per cent from Europe

Wipro Ltd. is trading below its 50 day SMA of 253.2

Changes in tariffs, US immigration policies may negatively hit biz: Wipro

Business Standard | 23 May 2025, 09:00PM 2 more

Tata Consultancy Services Ltd.

23 May 2025, 05:03PM

3514.60

1.08%

Tata Consultancy Services carries out internal probe into M&S cyberattack

Business Standard

TCS is investigating if it was the entry point in a cyberattack on UK retailer M&S, which led to major disruptions and data theft, potentially costing the company 300 million (3,318 cr) in profit

Tata Consultancy Services Ltd. is trading above its 50 day SMA of 3472.9

Wipro Ltd.

21 May 2025

247.36

0.58%

Wipro Consumer eyes strong growth in foods biz in FY26, open to acquisitions

Business Line

The company's food portfolio consists of acquired brands Nirapara and Brahmins besides its snacks brand Granamma

Wipro Ltd. is trading below its 50 day SMA of 253.2

Wipro Ltd.

20 May 2025

247.36

0.58%

Ambani couple, Premji, Kamath among Time's most influential philanthropists

Business Standard

Billionaire industrialist Mukesh Ambani and Nita Ambani, former Wipro chairman Azim Premji and Zerodha co-founder Nikhil Kamath have been named Tuesday by Time magazine in its inaugural list of the 100 most influential people in philanthropy. The TIME100 Most Influential People in Philanthropy 2025 list tells the stories of how generous donors and leaders of foundations and non-profits are directing funding into the communities that need it most, according to the publication. The list includes Mukesh and Nita Ambani who, Time said, gifted Rs 407 crore (about USD 48 million) in 2024, placing them among the country's biggest donors. Noting that Mukesh and Nita Ambani are empowering millions, the Time profile said the billionaire philanthropist couple's charitable initiatives are as varied and wide-ranging as the business empire that earned them an estimated USD 110 billion fortune. It listed the initiatives taken by Mukesh and Nita Ambani and added that Nita Ambani, founder and chair

Wipro Ltd. is trading above its 30 day SMA of 245.0

Infosys Ltd.

20 May 2025

1564.80

1.12%

Infosys asks Bengaluru employees to work from home due to heavy rain

Business Standard

In an internal email, Infosys stated that employees may choose to work from home in coordination with their respective managers, given the forecast of continued heavy rainfall over the next 24 hours

Infosys Ltd. is trading above its 50 day SMA of 1535.1

Wipro Ltd.

20 May 2025

247.36

0.58%

PUMA India partners with major marathons to boost running culture

Business Standard

The upcoming 8th edition of the Mumbai Half Marathon will be held on August 17, while the 12th edition of the Wipro Bengaluru Marathon is scheduled for September 21.

Wipro Ltd. is trading below its 50 day SMA of 253.2

Infosys Ltd.

16 May 2025

1564.80

1.12%

Infosys hands out average bonus payout of 65% for Q4 FY25

Business Line

According to a source, Infosys has rolled out an average bonus payout of 65% for Q4 FY25, considering the macroeconomic factors

Number of FII/FPI investors increased from 1758 to 1775 in Mar 2025 qtr.

Infosys trims Q4 bonus to 65% for managers, cites poor demand, costs

Business Standard | 16 May 2025 4 more

Tata Consultancy Services Ltd.

16 May 2025

3514.60

1.08%

Tata Consultancy Services emerges payout master in India's IT industry

Business Standard

TCS has cumulatively returned about 2.06 trillion to shareholders since 2020-21 (FY21), nearly matching its 2.07 trillion in net profit over the same period