The 34th annual general meeting (AGM) of IT major Infosys held Monday was an exceptional one.
Sanghrajka has spent 13 years in Infosys over two stints and has performed various leadership roles in the finance section.
M&M conducted raids across six auto spare part makers and sales outlets.
The time is ripe to accede to the founders' plea to declassify them as promoters.
'It is not that the H1B visa employees are coming in to displace jobs.'
India's innately hierarchy-prone corporate culture produces its share of willing sycophants, says Kanika Datta.
A good agricultural harvest and a timely arrival of monsoon, besides a slew of government schemes, have also come as a bounty.
'The focus for IT companies will shift from adding scale to building a smaller, more specialised, talent pool with specific domain expertise,' says Shyamal Majumdar.
Nilanjan Roy spent 13 years with Bharti Airtel, prior to which he worked for 15 years with Unilever across their global operations.
Sikka says tools like automation, artificial intelligence or natural language processing are technological innovations which are aimed at amplifying the human potentials further.
An appraisal of performance of the board and practice of values and their synergy with the organisational strategy are all crucial for an organisation to evolve into an institution, say Ramachandran Kavil & Sougata Ray.
In 2015, Infosys, under the leadership of then CEO Vishal Sikka, had bought Israeli automation technology firm Panaya for around $ 200 million and e-commerce service provider Skava for $1 20 million. The buyouts were mired in controversy owing to allegation of over-payment apart from not being an ideal fit.
Parekh, who is joining the company from Capgemini, will take over on January 2, 2018..
In FY16, Infosys had 48 employees in India who were paid more than Rs 1 crore in annual compensation, as compared to 111 in FY15.
Also looks at setting up development and training centres in the US to tide over visa-related issues
With the appointment of Vishal Sikka as CEO and Managing Director of the company, IT major Infosys has elevated 12 leaders to the position of Executive Vice President with additional responsibilities.
After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.
ESOPs allow employees to own equity in the company, which is seen as a morale booster for them.
Rao, in his letter, appealed to employees to stay the course, focusing on execution and expanding the services that the company had built over the past few years.
Former CFO V Balakrishnan seeks exit of Infosys chairman, co-chairman R Seshasayee, co-chairman Ravi Venkatesan, audit committee chairman Roopa Kudva and nomination committee chairman Jeffrey S Lehman.
The talented pair will be directed by an equally talented director.
Nearly 1,500 akansha petis (boxes of aspirations) have been placed in colleges for students to reveal what they expect from a BJP government. While demonetisation figured high in villages, BJP strategist Siddharth Sikka says city youth were "more concerned" about law and order and sanitation.
The company expects its 2017-18 revenue to grow between 6.1 per cent and 8.1 per cent in dollar terms and 6.5-8.5 per cent in constant currency terms.
The new move is expected to help boost employee morale.
The company's net profit stood at Rs 2,875 crore (Rs 28.7 billion) in the same period last year.
Annualised staff attrition rate at Infosys rose to a record 20.1 per cent in the September quarter.
Infosys is planning to hire the first 500 within two years.
Infosys has a new M&A head to enhance trust on inorganic growth.
Ideally, one should opt for a 5 to to 10- year period in an MF scheme or exit when the goal is reached.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
In a statement, Rosen Law Firm said it is investigating potential securities claims on behalf of shareholders of Infosys resulting from allegations that the company may have issued materially misleading business information to the investing public.
Raghu Krishnan profiles the man in the eye of the storm at Infosys.
Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016.
Nandan Nilekani said one board member had received two anonymous complaints on September 30, 2019 - one dated September 20, 2019, titled 'Disturbing unethical practices' and an undated note with the title, 'Whistleblower Complaint'.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
While Tech Mahindra's Gurnani earned Rs 146 crore in 2017-18, his actual gross salary component was Rs 2.77 crore. Wipro's Neemuchwala, on the other hand, took home Rs 18.23 crore
said its consolidated net profit has gone up by 7 pc to Rs 3,708 crore while total income in the October-December quarter rose 8.3 pc to Rs 18,093 crore.
'Raazi is being hailed for breaking the glass ceiling for Daughters of Bollywood Inc,' says Sunil Sethi.
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