Infosys

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Wipro chairman Azim Premji's took home Rs 79 lakh in FY17 as compared to Rs 2.17 crore in FY16, and this time the drop could be due to the chairman not being paid commission.

Jun 5, 2017

Karnataka IT Minister Priyank Kharge to meet employees union to discuss IT layoffs

While Karnataka IT minister Priyank Kharge plans to meet the All India IT Employees Association that he will meet them "soon," Ravi Shankar Prasad is likely to meet the IT giants this month.

Jun 1, 2017

Infosys employee's naked body found in office toilet; police suspect murder

Ilayaraja Arunachalam's dead body was discovered by the employees who rushed him to the Chengalpet General Hospital where he was declared dead.

May 31, 2017

After reports of massive layoffs, job portals flooded with resumes seeking IT jobs

While consultancies too have been busy dealing with these resumes, it is mostly the online job portals that seem to be the go-to place for those who have recently been laid off.

May 25, 2017

Happiest Minds acquires Cupola Technology

Cupola Technology is an IoT services company with innovative solutions across the IoT lifecycle

May 13, 2017

IT Layoffs: 56,000 employees with 7 IT firms, including Infosys and Wipro, could lose jobs in 2017

After Infosys, Wipro, Cognizant, Capgemini and Tech Mahindra made news for cutting jobs and deferring appraisals, it is estimated that 56,000 IT employees could lose their jobs this year.

May 13, 2017

IT layoffs: Are slow growth and automation responsible for mass job cuts in the sector?

IT giants like Infosys, Wipro, Cognizant, Tech Mahindra and Capgemini have made news for the reported layoffs, which seem to have a lot to do with the slow growth in the sector and automation.

May 13, 2017

Infosys delays salary hike until July, wait could be longer for senior employees: Report

Infosys employees with less than eight years of experience can expect a hike sometime in July, while those with more experience could expect a hike in the next quarter.

May 12, 2017

Cognizant going the Infosys way? CTS may lay-off 6,000 Indian employees to hire in the US

Cognizant hiring employees in the US might be a way to appease the Trump administration, which has been vocal about its displeasure over US firms outsourcing jobs to other countries.

May 8, 2017

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Infosys to hire 10,000 Americans in the next two years; build four technology hubs

In a statement, Infosys CEO Vishal Sikka says hiring 10,000 American workers and setting up technological hubs will "help invent and deliver the digital futures for our clients."

May 2, 2017

Infosys opens delivery centre in Croatia

The Croatian facility is the latest location across 16 regions in Europe that Infosys has opened as part of its commitment to client servicing and local job creation.

Apr 25, 2017

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Infosys downgraded by Nirmal Bang, IDBI Capital Markets over Q4 results, weak FY2018 revenue guidance

Brokerages raise concerns over revenue guidance for FY2018, deal wins, BFSI revenues from US and weak execution.

Apr 17, 2017

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Infosys shrugs off H-1B visa concerns, plans to ramp up local hiring in US

The plan for addressing H-1 B visa concerns was shared by COO UB Pravin Rao during a conference call post Q4 results.

Apr 17, 2017

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Infosys hits a 3-year low in recruitment; hiring falls 65% in FY2017

Statistics gleaned from Infosys reveal that the net employee addition stood at 6,320, marking a consistent fall over three financial years.

Apr 13, 2017

Infosys Q4 net profit remains flat at Rs 3,603 crore, revenues up 3.4% to Rs 17,120 crore

In dollar terms, Infosys announced that revenues stood at $2,569 million for Q4 and $10,208 million for FY2017; final dividend for FY2017 is Rs 14.75 per share.

Apr 13, 2017

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Infosys recognised as a 'leader' in NelsonHall's NEAT report for big data & analytics services

NelsonHall's Vendor Evaluation & Assessment Tool (NEAT) evaluated 13 vendors on two parameters.

Apr 6, 2017

An employee of Infosys stands at the front desk of its headquarters in Bengaluru

Infosys transfers Rs 65 lakh in unclaimed dividend to investor protection fund in 3 years

The Companies Act mandates that companies should transfer dividend lying unclaimed for seven years, to the Investor Education and Protection Fund.

Feb 24, 2017

Infosys: Sensational board meeting proceedings involving ex-CFO Rajiv Bansal over Panaya acquisition

The acquisition price was far higher than the valuation for Panaya, prompting then CFO Rajiv Bansal to walk out of Infosys board meeting.

Feb 20, 2017

Watch: Microsoft announces strategic partnership with Flipkart; what does this mean for Microsoft Azure cloud platform? [VIDEO]

Microsoft CEO Satya Nadella on Monday announced a strategic partnership with Flipkart, wherein the latter would exclusively use the Microsoft Azure platform.

Feb 20, 2017

Infosys CEO Vishal Sikka says Indian jobs to be worst impacted by automation

Speaking at an investor conference, Sikka completely played down the tussle between the Infosys board and certain founders.

Feb 13, 2017

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Infosys

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Karnataka IT Minister Priyank Kharge to meet employees union to discuss IT layoffs

Infosys employee's naked body found in office toilet; police suspect murder

After reports of massive layoffs, job portals flooded with resumes seeking IT jobs

Happiest Minds acquires Cupola Technology

IT Layoffs: 56,000 employees with 7 IT firms, including Infosys and Wipro, could lose jobs in 2017

IT layoffs: Are slow growth and automation responsible for mass job cuts in the sector?

Infosys delays salary hike until July, wait could be longer for senior employees: Report

Cognizant going the Infosys way? CTS may lay-off 6,000 Indian employees to hire in the US

Infosys to hire 10,000 Americans in the next two years; build four technology hubs

Infosys opens delivery centre in Croatia

Infosys downgraded by Nirmal Bang, IDBI Capital Markets over Q4 results, weak FY2018 revenue guidance

Infosys shrugs off H-1B visa concerns, plans to ramp up local hiring in US

Infosys hits a 3-year low in recruitment; hiring falls 65% in FY2017

Infosys Q4 net profit remains flat at Rs 3,603 crore, revenues up 3.4% to Rs 17,120 crore

Infosys recognised as a 'leader' in NelsonHall's NEAT report for big data & analytics services

Infosys transfers Rs 65 lakh in unclaimed dividend to investor protection fund in 3 years

Infosys: Sensational board meeting proceedings involving ex-CFO Rajiv Bansal over Panaya acquisition

Watch: Microsoft announces strategic partnership with Flipkart; what does this mean for Microsoft Azure cloud platform? [VIDEO]

Infosys CEO Vishal Sikka says Indian jobs to be worst impacted by automation

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious