Amid growing concerns over artificial intelligence (AI) disrupting jobs, top technology industry leaders have a clear message for employees -- "stay calm and upskill".
The company has decided to consolidate its delivery functions horizontally
Besides, the company has sought nod from shareholders for issuing bonus in the ratio of 1:1
Sources said the spin-off, a joint venture company, was yet to be named.
Infosys said it is in discussion with over 10 institutions globally for deploying the solution
The project is supported by the Department of Jobs through IDA Ireland.
She was among the key executives brought in by Sikka from SAP and was overseeing large deals
Sikka has influenced the company to break away from the old mould in more ways than one.
ESOPs allow employees to own equity in the company, which is seen as a morale booster for them.
David, is set to join Hewlett Packard Enterprise as a senior VP for Enterprise Services Delivery.
Murthy's letter comes even as Sikka celebrates the completion of three years at the helm of India's second largest software exporter.
In the past two years, Sikka has brought in new measures by putting project managers to pitch how they cut time, saved costs and improved productivity
Experts, however, are of the opinion that a world manned mostly by bots is still some time away. Also, new jobs -- of bot builders and supervisors -- will emerge with time.
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
Infosys on Friday posted a 3.5 per cent rise in quarterly net profit, lagging analyst estimates.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
Prominent recruiters were Flipkart, Urban Ladder, AskmeBazaar etc
Ever since India became a force to reckon with in software services, doing for clients what they want done, the big void that has been constantly talked about is its absence from the space of software products - those over which you own intellectual property rights.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
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