Core Insights - Infosys Limited is investing ₹300 crore to establish a new campus in Mohali, covering 30 acres of land [1] - The first phase of construction will involve 3 lakh square feet, creating 2,500 new jobs [1] - A subsequent phase will develop an additional 4.80 lakh square feet [1] Company Expansion - Infosys has been operating in Mohali since 2017 and is now expanding its presence in the city [2] - The company has received strong support from the Punjab state government for this project [2] - Sameer Goel, head of the Mohali center, expressed satisfaction with the expansion and the support received [2] Government Initiatives - The Punjab state government has implemented initiatives that have attracted further investments, including a 45-day approval process for industrial projects [3] - The minister noted that there is a growing interest from investors to invest in Punjab [3]

Accessibility StatementSkip Navigation NEW YORK, Sept. 17, 2025 /PRNewswire/ --Â Expedition Infrastructure Partners ("XIP") is pleased to announce its role as strategic institutional advisor to OTG Acquisition Corp. I (NASDAQ: OTGAU, "OTG"), which has raised $230 millionin its recently closed initial public offering. OTG is targeting businesses across the Digital Infrastructure Services sector, a market experiencing unprecedented growth driven by data proliferation, artificial intelligence, high-performance ...

Market Overview - Equity benchmark indices Sensex and Nifty experienced gains in early trade, driven by a global market rally and increasing expectations of a US Federal Reserve interest rate cut next week [1][3] - The BSE Sensex rose by 287.93 points to reach 81,836.66, while the NSE Nifty increased by 84.25 points to 25,089.75 [1] Company Performance - Infosys saw a 1.50% increase after announcing its largest-ever share buyback program valued at ₹18,000 crore [1] - Other gainers included Tata Motors, Maruti, Mahindra & Mahindra, Axis Bank, and Larsen & Toubro, while Hindustan Unilever, HDFC Bank, State Bank of India, and Titan were among the laggards [2] Investment Sentiment - The global stock markets are showing resilience, bolstered by new records in the US market, with bullish sentiments driven by anticipated rate cuts from the Fed [3] - A significant rise in demand for consumer durables, particularly automobiles, is expected to dominate economic news post-September 22nd, providing positive sentiment to the market [3][4] Institutional Activity - Foreign institutional investors (FIIs) sold equities worth ₹3,472.37 crore, while domestic institutional investors (DIIs) purchased stocks worth ₹4,045.54 crore [4] Oil Market - The global oil benchmark Brent crude decreased by 0.87% to $65.79 per barrel [4]

Demand Environment for IT Services - The overall demand for IT services has been evolving over the last 12 to 18 months, with a focus on value creation rather than just cost productivity [1][2] - Clients are increasingly discussing the importance of value creation in their conversations, indicating a shift in priorities [2]

Group 1 - CGI and Kesko have entered a strategic partnership to enhance digital transformation in the retail sector, covering a range of IT services including end-user services and cloud solutions [1][2] - Kesko aims to be a leader in digital services within the retail industry, focusing on automation and AI-based solutions to improve productivity and business renewal [2][3] - The partnership reflects a trend in the IT sector where companies like Kesko are forming close collaborations with partners to achieve shared business development goals [3] Group 2 - CGI leverages AI and data-driven strategies to enhance profitability for retail and consumer organizations by improving customer experiences and optimizing supply chain operations [4] - CGI reported a revenue of CA$14.68 billion for Fiscal 2024, highlighting its significant presence in the IT and business consulting market [4]