Infosys expands tech ties with Australia's Telstra
Infosys will serve as the strategic partner for Telstra International-the global arm of Telstra-to advance technology leadership, drive innovation, and support Telstra's new Connected Future 30 initiative, according to an official release.
"This collaboration further underscores our commitment to delivering next-generation enterprise solutions that will help Telstra International accelerate innovation and enhance operational resilience," said Raja Shah, EVP and Industry Head, Global Markets, Infosys.
Infosys will adopt an AI-first approach to modernise and streamline critical systems for Telstra International, aimed at enhancing connectivity, driving business growth, and accelerating AI adoption, it added.
Chris Ellis, Head of IT, Software Engineering & IT, Product & Technology at Telstra, called the expanded collaboration with Infosys "pivotal" for the company.
"It strengthens our focus on world-class product engineering and software excellence-modernising and accelerating how we deliver, scale, and evolve digital experiences," he said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
an hour ago
- Economic Times
Sensex falls over 200 pts, Nifty below 24,700 as Trump revives tariff threat over Russian oil imports
India's benchmark indices, Sensex and Nifty, opened marginally lower on Tuesday, as investor sentiment turned cautious following renewed tariff threats from U.S. President Donald Trump over the country's continued imports of Russian oil. ADVERTISEMENT The BSE Sensex slipped 213 points, or 0.26%, to 80,806, while the NSE Nifty declined 37 points, or 0.15%, to 24,685. The decline followed remarks from Trump late Monday, in which he vowed to impose "harsh tariffs" on Indian goods if re-elected, citing New Delhi's purchases of discounted Russian crude. India's government dismissed the criticism as 'unjustified' and pledged to defend its economic interests, signalling an escalation in trade tensions between the two countries. Foreign portfolio investors have extended their selling streak to 11 consecutive sessions through Monday, according to provisional exchange data. The persistent outflows come ahead of the Reserve Bank of India's policy decision due Wednesday, where the central bank is widely expected to hold rates steady. On the 30-stock Sensex pack, shares of Infosys, Reliance Industries, ICICI Bank, BEL, Hindustan Unilever and HDFC Bank led the laggards, slipping between 0.4% and 1%. The Oil & Gas sector slipped 0.4% in early trade, dragged lower by a more than 2% decline in Hindustan Petroleum Corp Ltd (HPCL), which led sectoral losses. ADVERTISEMENT Meanwhile, the IT and FMCG sectoral indices were also trading 0.3% lower. In contrast, the broader Nifty Smallcap 100 index rose 0.4%, defying the downtrend, while the Nifty Midcap 100 index traded largely unchanged. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
an hour ago
- Time of India
Sensex falls over 200 pts, Nifty below 24,700 as Trump revives tariff threat over Russian oil imports
India's benchmark indices, Sensex and Nifty , opened marginally lower on Tuesday, as investor sentiment turned cautious following renewed tariff threats from U.S. President Donald Trump over the country's continued imports of Russian oil. The BSE Sensex slipped 213 points, or 0.26%, to 80,806, while the NSE Nifty declined 37 points, or 0.15%, to 24,685. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Japanese Insole: I Was Losing So Much Weight I Had to Stop Using It KenkoSlim Undo The decline followed remarks from Trump late Monday, in which he vowed to impose "harsh tariffs" on Indian goods if re-elected, citing New Delhi's purchases of discounted Russian crude. India's government dismissed the criticism as 'unjustified' and pledged to defend its economic interests, signalling an escalation in trade tensions between the two countries. Foreign portfolio investors have extended their selling streak to 11 consecutive sessions through Monday, according to provisional exchange data. The persistent outflows come ahead of the Reserve Bank of India's policy decision due Wednesday, where the central bank is widely expected to hold rates steady. On the 30-stock Sensex pack, shares of Infosys, Reliance Industries, ICICI Bank, BEL, Hindustan Unilever and HDFC Bank led the laggards, slipping between 0.4% and 1%. Live Events The Oil & Gas sector slipped 0.4% in early trade, dragged lower by a more than 2% decline in Hindustan Petroleum Corp Ltd (HPCL), which led sectoral losses. Meanwhile, the IT and FMCG sectoral indices were also trading 0.3% lower. In contrast, the broader Nifty Smallcap 100 index rose 0.4%, defying the downtrend, while the Nifty Midcap 100 index traded largely unchanged. Expert Views The latest tweet from President Trump that he will 'substantially raise U.S. tariffs on India' for buying Russian oil is a serious threat,' said Dr VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, adding that "If he walks his talk, the India-U.S. relations will further strain and the impact on India's exports to the US can be worse than thought earlier. India's GDP growth and corporate earnings in FY26 also will be impacted." Vijayakumar noted that equity valuations remain elevated and do not appear to have priced in such a scenario. 'India's response, with facts, that 'targeting India is unjustified and unreasonable' sends a message that India will not be making undue concessions and compromises. This means, the market is in uncharted territory in the near-term.' A sharper escalation, Vijayakumar added, could push the Nifty below the key support level of 24,500. 'Investors may wait and watch for the developments to unfold. Moving some money to fixed income also can be thought of,' he said.
News18
an hour ago
- News18
Stock Market Today: Sensex Falls Over 120 Points, Nifty Below 24,700 In Opening Trade; Check Details
Last Updated: Stock Market Updates Today: Among the top losers are HDFC Bank, Reliance, Infosys, BEL, ICICI Bank, and Hindustan Unilever falling up to 0.79%. Stock Market Updates Today: The domestic equities markets on Tuesday witnessed a slightly weak opening after US President Donald Trump's announcement to 'substantially" raise tariffs on Indian goods. The BSE Sensex fell 121.6 points to trade at Rs 80,894 in the morning trade, while the NSE Nifty slipped slightly by 30 points to 24,694 in the opening trade. Among the 30 companies on the Sensex, 16 were trading in red while 14 were in green during the morning trade. Among the top losers were HDFC Bank, Reliance, Infosys, BEL, ICICI Bank, and Hindustan Unilever falling up to 0.79%. Among the gainers were Maruti Suzuki India, NTPC, HCL Tech, Bajaj Finance, and Tata Motors rising up to 0.86%. However, broader markets saw buying, with the BSE SmallCap trading higher by 0.38% and the BSE MidCap was up by 0.12%. Sector-wise, the Nifty IT, Nifty FMCG, Nifty Financial Services, and Nifty Oil & Gas were trading in red falling by up to 0.33%. On the other hand, Nifty PSU Bank, Nifty Metal, Nifty Media, Nifty Pharma were trading in green rising by up to 0.30%. It remains to be seen how things evolve. India's response, with facts, that 'targeting India is unjustified and unreasonable" sends a message that India will not be making undue concessions and compromises. This means the market is in uncharted territory in the near term, he added. 'If US President Trump raises tariffs on India further the market will react negatively breaking the Nifty support of 24500. Investors may wait and watch for the developments to unfold. Moving some money to fixed income also can be thought of," Vijayakumar added. Trump on Monday again threatened to substantially raise tariffs on Indian goods, citing India's continued purchases and resale of Russian oil. India's foreign ministry responded, saying it will take all necessary steps to protect its national interests and economic security. Trump had already imposed higher-than-expected 25% tariffs on Indian imports last week, while US officials continue to highlight multiple hurdles that are delaying a trade deal with India. Technical View Though Nifty failed to breach the previous day's high, the successful close above 24670, the key pivot pencilled in yesterday encourages us to continue playing upsides. 'We have eyes on 24900 initially followed by 25261. Slippage past 24670 could however force us abandon the upswing expectations, but a collapse is less expected today," said Anand James, Chief Market Strategist, Geojit Investments Limited. view comments First Published: August 05, 2025, 09:34 IST News business » markets Stock Market Today: Sensex Falls Over 120 Points, Nifty Below 24,700 In Opening Trade; Check Details Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
