Infosys

Murthy gets backing of proxy advisory firms on Panaya deal report

Bengaluru-based independent advisory firm Ingovern has shown support to Murthy's stance but has also asked the founders of Infosys for a specific action plan to put the company back on the stability track.

Aug 8, 2017

Infosys turns down Murthy's plea to make Panaya report public

Management transparency, corporate governance, and fair work environment are the core principles around which the company functioned and flourished.

Aug 4, 2017

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Infosys and high-level exits: Here's what CEO Vishal Sikka thinks

Infosys CEO Sikka has finally opened up about the senior level exits in the company and has suggested that it is not really a cause for concern as the firm's attrition is "far lower" than other companies.

Aug 4, 2017

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Tech Mahindra senior executives to take 10-20% pay cuts amid industry slowdown

About 20 of Tech Mahindra senior executives have offered to take a pay cut and have written an email, stating the same, to Tech Mahindra CEO CP Gurnani and chief people officer Rakesh Soni.

Aug 4, 2017

Murthy back after the break, wants Panaya probe report made public

Sikka and his team are still struggling to move past the allegations and its aftermath after Murthy earlier this year demanded Panaya probe to go public.

Aug 3, 2017

Vishal Sikka completes 3 years, swears by $20 billion target

Sikka is still positive on his dual strategy to get in new businesses to improve Infosys' digital capabilities.

Aug 3, 2017

TCS, Infosys and Tech Mahindra's workforce dwindles in Q1 FY18; bleak days far from over?

Tata Consultancy Services, Infosys, Wipro, HCL Technologies and Tech Mahindra – which totally had 9,84,913 employees at the end of the quarter ended June 30 saw the number decline by 1,821 people,

Aug 1, 2017

EdgeVerve head Anirban Dey quits; Infosys in need of a retention plan stat!

Anirban Dey, the global head and chief business officer of Edge products at EdgeVerve, Infosys Ltd's products and platforms unit, has resigned and is currently serving notice period.

Jul 31, 2017

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Infosys to put Europe to work, hire locals in next investment push

The European business expanded 4.7 per cent during the June quarter as Infosys witnessed broadbased growth across sectors.

Jul 30, 2017

After high-level exits at Infosys, hard focus on Vishal Sikka's longevity

Infosys has witnessed a number of high-level exits in the last few months and the firm's co-chairman Ravi Venkatesan hopes that CEO Vishal Sikka turns things around and stays on at the company.

Jul 27, 2017

Another high-level exit: Is Vishal Sikka having a tough time retaining executives?

After executive vice president Ritika Suri quit a week back, Yusuf Bashir, MD of the $500-million Infosys Innovation Fund has resigned from his post at Infosys.

Jul 26, 2017

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Bringing Infosys board, founders on the same page 'doable', says co-chairman

Says that Sikka, who has driven a lot of positive changes after taking over as Infosys CEO, was co-founder Narayana Murthy's choice.

Jul 25, 2017

Your CEO may be earning 1,200 times more than you!

A study has said that the median employee remuneration of many private Indian firms fell or remained the same during fiscal 2017 while the top executives took home salary packages that are 1,200 times more than the median employee.

Jul 24, 2017

Thought only Infosys had crorepati executives? You haven't seen TCS' list yet

TCS paid salaries amounting up to Rs 1 crore to its employees in India in FY2017, and the amount is much higher than what its competitors Infosys and Wipro shelled out to its employees.

Jul 20, 2017

L&T Infotech focuses on hiring in India even as IT firms ramp up US recruitment

Larsen and Toubro Infotech has said that the firm's focus remains on India and that is where most of the hiring activity is going to take place, even as many IT firms are hiring in the US.

Jul 19, 2017

Narayana Murthy reveals he regrets quitting Infosys as chairman in 2014

While Narayana Murthy did say that he regretted leaving, he clarified that he does not really miss being on the campus on a daily basis.

Jul 18, 2017

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Infosys reports marginal fall in June quarter net profit

Shares up as Infosys raises revenue guidance for fiscal 2018.

Jul 14, 2017

Infosys to hire 2,000 employees at its North Carolina innovation hub

The firm had earlier said that it would start four technology hubs in the country and hire 10,000 local workers. The North Carolina hub is the second one of the four hubs.

Jul 7, 2017

IT majors to lay off at least 56,000 employees this year [VIDEO]

IT majors Wipro, Infosys, Cognizant, Tech Mahindra are planning to lay off 56,000 engineers this year. The year 2017 witnessed massive IT Sector layoffs in India.

Jul 6, 2017

IT layoffs: Job cuts in the sector exaggerated, believes Infosys HR head Krishnamurthy Shankar

Krishnamurthy Shankar said that as the industry grows at a rapid pace each year, employees will definitely need to keep up with the changing standards.

Jul 4, 2017