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Infosys

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Infosys Finacle wins four international banking excellence awards

The awards were instituted by The Asian Banker. Jun 22, 2017
infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Infosys sued in US: Will it hit firm's plans to hire 10,000 employees in America?

Former head of immigration Erin Green has filed a lawsuit against Infosys, accusing the IT giant of discrimination against non-Asian employees and retaliation by the senior management. Jun 22, 2017
Amazon India

GST cloud: Amazon suspends sellers' platinum rights

Cloudtail India, a top seller on the portal, which is a joint venture between Amazon.com and Infosys co-founder Narayana Murthy's Catamaran Ventures, has emerged as the sole Platinum seller. Jun 19, 2017
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Infosys: Key takeaways from annual report 2017

India's second-largest IT services company Infosys, headed by CEO Vishal Sikka will be holding its 36th AGM on June 24. Jun 17, 2017
infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Infosys' Sandeep Dadlani resigns, Karmesh Vaswani and Nitesh Banga to replace him

After Sandeep Dadlani's resignation to pursue other interests, Infosys has announced the appointment of Karmesh Vaswani as Global Head of retail and Nitesh Banga as the global head of manufacturing. Jun 16, 2017
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Crorepati glut: Infosys grapples with high staff pay

Infosys is reportedly offering an annual package of over Rs 1 crore to its employees abroad and the financial burden on the IT giant is now likely to amplify. Jun 15, 2017
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Infosys refers to risk from 'activist shareholders' in US SEC filing, almost blames founders

In the past few months, founders/former top Infosys executives such as Narayana Murthy, Mohandas Pai and Balakrishnan have raised corporate governance issues. Jun 13, 2017
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Winds of change? Karnataka Govt mulling policy to address concerns of mass layoffs in IT sector

The Karnataka government has been mulling a policy that addresses the concerns of employees, especially those who have unfairly been sacked by their employers. Jun 13, 2017
Infosys

Promoter principle: Swearing by staying power

Infosys shareholders have an abiding faith in promoter competence. Friday's crash said so. Jun 9, 2017
Infosys

Infosys shares fall on media report of stake sale by founders

Shares of the software company fell as much as 3.5 percent to their lowest since May 5. Jun 9, 2017
Azim Premji

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
Cognizant

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
Ilayaraja Arunachalam

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
Résumé

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, happiest minds acquires cupola technology, happiest minds employees, it layoffs

Happiest Minds acquires Cupola Technology

Cupola Technology is an IoT services company with innovative solutions across the IoT lifecycle May 13, 2017
Capgemini

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
iGate

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

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

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
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