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As On 08-Dec-2022 EOD, Market Closed
SENSEX
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  • Infosys to accelerate Telenor Norway's IT modernization

    The IT major said that it has joined hands with Telenor Norway for its business transformation program to become a digital telecommunications company.

    Telenor Norway is Telenor's wholly owned Norwegian telecommunications operator. Through this engagement, Infosys will accelerate Telenor Norway's modernization journey while supporting its ‘Beyond Connectivity' strategy. This collaboration will drive Telenor Norway's business growth and make the company future ready. Infosys was chosen to assist Telenor on this modernization journey for its strong global transformation experience and diverse talent pool.

    As part of the engagement, Infosys will leverage its tools and accelerators to support the transformation of Telenor's IT stack in areas of digital, analytics & AI, and operations. The collaboration will also focus on upskilling and competency development.

    Infosys will jointly drive and execute Telenor's modernization roadmap for capability uplifting, business agility, and revenue growth while ensuring operational stability to meet the company's transformation objectives.

    While assisting in Telenor's ‘Beyond Connectivity' strategy, Infosys will jointly build the required IT capabilities and enable them to become a digital-first organization. This will result in faster time to market and new revenue streams for Telenor.

    Anand Swaminathan, EVP, Communications, Media and Technology, Infosys, said, "Ensuring customer success is vital for us at Infosys. Our primary focus in this endeavour is providing superior end user digital experience and operational excellence for Telenor Norway and their customers. Our shared value system through this unique collaboration will enable Telenor Norway in their journey towards 'Beyond Connectivity' with agility, simplicity and innovation.”

    Infosys is a global leader in next-generation digital services and consulting. The IT major reported a 5.7% decline in consolidated net profit to Rs 5,360 crore on 6.8% increase in net sales to Rs 34,470 crore in Q1 FY23 over Q4 FY22.

    The scrip shed 0.26% to currently trade at Rs 1386.70 on the BSE.



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Flash News 08-Dec-2022
  •  ( 17:42) HUL forays in health & wellbeing category  
  •  ( 16:26) Bank stocks outperform as Nifty Bank hits record high  
  •  ( 16:26) Barometers end near the day's high after volatile session  
  •  ( 15:42) Ashok Leyland appoints Shenu Agarwal as CEO  
  •  ( 15:40) Trent to sell 3.22% in Tata Unistore to Tata Digital  
  •  ( 15:30) Kalpataru Power board OKs NCD issue of Rs 99 cr  
  •  ( 13:08) Kalyan Jewellers to expand retail footprint by over 30% in CY23  
  •  ( 12:34) Barometers turn range bound; Nifty hovers below 18,600; VIX down 1.91%  
  •  ( 12:09) Dredging Corporation bags reclamation dredging contract from NRL  
  •  ( 11:53) Talbros Automotive bags order worth Rs 60 crore  
  •  ( 11:13) Sun Pharma Gujarat plant gets import alert from USFDA  
  •  ( 11:09) Macrotech Developers launches QIP issue  
  •  ( 10:26) VA Tech Wabag appoints Pankaj Malhan as deputy MD & group CEO  
  •  ( 10:22) Dharmaj Crop Guard lists at Rs 266 v/s IPO price Rs 237  
  •  ( 10:12) Tvs Motor arm acquires entire stake in German co  
  •  ( 09:54) JSW Steel crude steel production jumps 16% YoY in November  
  •  ( 09:50) Eveready Inds appoints Bibek Agarwala as CFO  
  •  ( 09:39) HCL Tech tie-up with Intel and Mavenir to deliver 5G enterprise solutions  
  •  ( 09:30) Market breadth strong  
  •  ( 09:30) Barometers trade with minor cuts  
  •  ( 08:38) Most Asian stocks trading lower  
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08 December 2022 00:00
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