Infosys

Indian techies to get double-digit salary hike in 2019?

The NASSCOM said that top performers in IT companies may even get a 20 per cent salary hike.

2 days ago

Indian IT industry hired over 1 lakh engineers in 2018 - four times more than 2017

The $167 billion IT services industry in India has a workforce of 3.7 million people.

5 days ago

Infosys employee kidnapped and robbed in Bengaluru

Anurag Sharma works as a senior systems manager at Infosys' Chennai campus. He had come to Bengaluru for some work on January 26 and was returning home late on January 31.

12 days ago

Infosys raises revenue growth outlook to 9%; proposes share buyback

Infosys Q3 data beat TCS and expected to buoy market as the company seeks to repurchase Rs 8,260 crore stocks in second such programmes in two years.

Jan 12, 2019

Earnings, GST decisions may roil markets this week

The US-China trade talks and crude prices may keep the global markets on edge squeezing domestic traders' risk appetite.

Jan 7, 2019

IT earnings season set to begin under overhang of US slowdown fears

Analysts watch closely top Indian companies' outlook commentary for understanding the trend in the $167-billion digital services outsourcing industry.

Jan 4, 2019

Connecticut: Infosys inaugurates high-tech innovation hub in Hartford

The hub will also help organisations learn through making, bring expertise in technologies like blockchain, extended reality and cognitive capabilities with design thinking, agile and DevOps.

Dec 6, 2018

Retaining talent: Infosys doubles pay for 'skilled up' employees

The programmes are for Infosys employees associated with the company for more than three years to stop them from moving to another company or pursue higher studies.

Nov 27, 2018

Infosys to create 1,200 jobs, open 3 innovation hubs in Australia by 2020

To meet Australia's growing demand for digital expertise, the $11-billion Indian firm also formed an education ecosystem for providing learning opportunities.

Nov 21, 2018

Infosys to open technology hub in Texas, plans to hire 500 Americans by 2020

Last May, Infosys had announced to hire 10,000 American workers by 2019 and till date, the IT behemoth has employed 6,200 American workers.

Nov 14, 2018

Infosys to roll out salary increments for senior employees from January

The junior level employees had the rise in April and the senior executives' increments were scheduled for July which did not take place.

Nov 9, 2018

Tough road ahead for TCS as it faces charges of racial discrimination in US

The Mumbai-based company would have to offer a good reason to the American jury for why the engineers employed at its US operations are 13 times as likely to be sacked if they're not South Asian.

Nov 5, 2018

Mukesh Ambani sets up Estonian JV for e-governance; takes up e-residency

There are just about 2,000 Indians who have opted to become e-residents of Estonia so far, primarily to access the business opportunity presented by the European Union.

Nov 4, 2018

Infosys retains revenue growth guidance after 10 percent profit jump

The Bengaluru-headquartered company added 7,834 employees on a net basis, compared with a reduction in the same period last year.

Oct 16, 2018

Infosys, TCS, Tata Motors and HDFC in list of world's best regarded companies

Trustworthiness, social conduct, performance of the company's product or service and the company as an employer were some of the parameters on which the list was compiled.

Oct 3, 2018

TCS sued by 3 US citizens over employment discrimination

The three complaints -- Darryl Stacy, Donald Stephen Bradley, and Hesham Hafez -- have alleged that TCS prefers to bring in the human resources from India even though there are able and trained US citizens

Sep 25, 2018

Infosys partners with Google for developing cloud transformation, migration services

The $10.9 billion IT behemoth has built Artificial Intelligence (AI) and machine learning solutions on the Google platform to digitise the data supply chain, such as analytics workbench.

Sep 22, 2018

Infosys to pay ex-CFO Rajiv Bansal Rs 12.2 crore after losing arbitration case

Bansal alleged that Infosys paid him Rs 5.2 crore and withheld the balance stating that he did not meet certain requirements.

Sep 18, 2018

Infosys buys Finnish firm Fluido Oy for $76 mn

Though the company did not disclose the acquisition cost in its release, it mentioned in a regulatory filing on the BSE that "100 per cent of Fluido's shares have been acquired in cash for Euro 65 million", which translates to $75.8 million (Rs 546 crore).

Sep 15, 2018

Rupee depreciation may benefit the IT companies

The Indian IT companies are expected to witness an improvement in margins by as much as 100 basis points in their second quarter on the current fiscal year.

Sep 11, 2018