Infosys Partners with Cursor for Strategic Collaboration
Infosys announced a strategic collaboration with Cursor, an AI-powered development platform, with the aim of helping enterprises worldwide accelerate their AI value journey. As part of this collaboration, the companies will set up a Center of Excellence to accelerate enterprise adoption of software engineering agents in the development of AI native products. The CoE will enable Infosys software engineers to leverage Cursor's enterprise-grade, AI-assisted development capabilities across greenfield and brownfield opportunities. By integrating Cursor with Infosys Topaz Fabric, a purpose-built agentic services suite, Infosys will aim to help clients to build, modernize, and scale enterprise systems with increased velocity and higher quality. The CoE will feature an AI Engineering Experience Zone where clients can firsthand experience Infosys Topaz Fabric engineering capabilities. The CoE will also serve as a hub for scaling Cursor's AI software development capabilities across Infosys' global developer workforce.
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- Institutional Investment Surge: Vanguard Group added 1.2 million shares in December, a 2.5% increase; BlackRock raised its stake by 6.9% as of September 30, 2025, while Bank of America and Morgan Stanley increased their positions by 9.8% and 11.21%, respectively, indicating strong institutional confidence in UiPath.
- Significant Revenue Growth: In Q3 of fiscal 2026, UiPath reported revenue of $411 million, a 16% year-over-year increase, with annual recurring revenue (ARR) hitting $1.78 billion, up 11%, showcasing robust performance in the SaaS sector.
- Expanding Customer Base: The number of customers with ARR over $100,000 grew by 12% to 2,506, while those exceeding $1 million increased by 10% to 333, reflecting UiPath's appeal and market penetration among high-value clients.
- Strong Cash Flow and Debt Position: The company saw free cash flow rise by 8.2% to $25.11 million, with a net cash position of $744.1 million and total debt of only $82 million, indicating solid financial health despite not yet achieving net profitability, suggesting strong future growth potential.
- Tariff Reductions: Trump announced a U.S.-India trade agreement that eliminates trade barriers for India and reduces U.S. tariffs on Indian goods from 25% to 18%, significantly enhancing trade relations between the two nations.
- Oil Procurement Agreement: The deal ends the 25% punitive tariff imposed due to India's purchases of Russian oil, with Trump stating that India will cease buying Russian oil and increase imports from the U.S. and potentially Venezuela.
- India's Purchasing Commitment: Prime Minister Modi committed to purchasing over $500 billion worth of American products across energy, technology, agriculture, and coal sectors, indicating India's strong interest in U.S. markets and collaboration.
- Improvement in Trade Relations: This agreement is expected to alleviate trade tensions caused by U.S. tariffs of up to 50% on Indian goods, while India is also exploring a free trade deal with the EU to further diversify its international trade relationships.
- Tariff Reduction Impact: The White House's announcement to cut India's import tariff from 25% to 18% is expected to enhance trade relations between the two countries, driving up stock prices for IT consulting firms, particularly those with significant operations in India like Accenture and Infosys.
- Stock Performance: Following this news, Accenture's stock rose by 1%, Infosys increased by 4%, and Wipro surged by 7%, reflecting market optimism regarding the prospects of the Indian IT sector.
- Strategic Cooperation Commitment: As part of the agreement, India committed to purchasing more American goods and ceasing Russian oil imports, which is viewed as a potential measure to alleviate the war in Ukraine, further solidifying U.S.-India economic ties.
- Market Reaction: In addition to IT consulting firms, manufacturing stocks like Apple also saw a 2% increase, indicating a broad positive market response to the improvement in U.S.-India trade relations, which could stimulate growth across multiple sectors.
- Partnership Extension: Infosys extends its partnership with Madison Square Garden Entertainment and Sports, becoming the Official Digital Innovation Partner, which is expected to enhance the experience for over 2 million attendees annually, further solidifying Infosys's influence in the sports and entertainment sectors.
- Venue Renaming: The theater at Madison Square Garden has been renamed the Infosys Theater, marking a significant increase in brand visibility at a key location, which is anticipated to attract more audience engagement and enhance brand recognition.
- Tech-Driven Fan Experience: Infosys will leverage its AI-first Topaz platform to provide innovative fan engagement solutions for the New York Knicks and New York Rangers, which is expected to enhance fan participation and satisfaction, thereby driving brand loyalty for the teams.
- Brand Integration and Visibility: Infosys will gain sustained visibility across MSG's digital platforms, in-arena signage, and GardenVision features, which is expected to enhance its market influence through multi-channel brand integration and drive business growth.
- Tax Policy Shift: India's Finance Minister announced a 20-year tax exemption for hyperscalers using data centers to service global clients, which is expected to significantly lower operational costs for these companies, thereby attracting more foreign investment and enhancing India's competitiveness in the global cloud computing and AI sectors.
- Market Potential Surge: Experts indicate that with already low data center infrastructure costs in India, the tax holiday will make the country a preferred base for hyperscalers, especially when compared to competing hubs like Singapore, UAE, and Ireland, providing a clear cost advantage.
- Optimistic Investment Outlook: This policy is projected to drive India's data center market capacity to more than double from the current 1.2 gigawatts to over 3 gigawatts within the next five years, meeting the surging demand for AI workloads and attracting significant investments from tech giants including Google, Microsoft, and Amazon.
- Long-Term Economic Impact: The tax holiday will remove the primary friction point for global hyperscalers entering India, expected to substantially increase capital inflows, promote long-term investment returns, and elevate India's position in the global AI race.
- Accessibility Innovation: Infosys's MatchFeel technology provides tactile feedback for visually impaired fans, allowing them to experience live match dynamics through real-time data, significantly enhancing inclusivity and fan engagement at the event.
- AI Interaction Robot: The Rally robot in the Infosys Fan Zone engages fans with real-time match data, offering unique experiences such as game predictions and photo opportunities, showcasing the potential of AI in sports events.
- AI Tactical Insights: The Keys to the Match feature delivers three key tactical insights for each match, helping fans better understand game dynamics and enhancing viewer engagement and enjoyment of the tournament.
- Sustainability Commitment: The Infosys Fan Zone maintains a fully offset carbon footprint, demonstrating the company's commitment to environmental sustainability while the Future Leaders Program fosters digital skills and leadership among youth.











