infosys dividend

Infosys’ weak Q4 earnings have a price, brokerages slash targets by 9-13%

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Infosys’ weak Q4 earnings have a price, brokerages slash targets by 9-13%

Following a 12% year-on-year (YoY) decline in Infosys‘ March quarter consolidated net profit and lower-than-estimated revenue, brokerages have slashed their target prices while retaining a ‘Buy’ rating on the stock. Nuvama Institutional Equities and Emkay Global revised their targets downward amid topline miss and prevailing uncertainties. On Thursday, India’s second-largest IT services company by market … Read more

Rishi Sunak’s wife Akshata earned Rs 126.6 cr dividend income from Infosys in 2022

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Rishi Sunak’s wife Akshata earned Rs 126.6 cr dividend income from Infosys in 2022

Akshata Murty, wife of Britain’s incoming Prime Minister Rishi Sunak, earned Rs 126.61 crore (USD 15.3 million) in dividend income in 2022, from her shareholding in India’s second-largest IT firm Infosys. Murthy, daughter of co-founder Narayana Murthy, held 3.89 crore shares, or 0.93 per cent, of Infosys at the end of September, according to company … Read more