Shareholders quiz Infosys on AI hit as stock nears six-year low

At least half of Infosys Ltd’s 22 shareholders virtually present at its 45th annual general meeting (AGM) on Tuesday quizzed the management on the company’s declining share prices and the threats posed by automation tools.

Shares of India’s second largest information technology service provider fell 3.4% on Tuesday, approaching a six-year low, despite the management sharing opportunities presented by the technology.

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