Restricted stock units can be an effective tool to curb employee attrition and retain key talent
Infosys now plans to re-purpose Skava's micro services-based business and re-focus Panaya's suite of products.
Both Raazi and Veere Di Wedding are interesting films that worked. There is no point reading a trend in them, says Vanita Kohli-Khandekar.
The company has decided to consolidate its delivery functions horizontally
"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.
Four Indian-Americans, including top US attorney Preet Bharara, are among 38 distinguished personalities who have been honoured with this year's prestigious "Great Immigrants: The Pride of America" award.
Infosys new chief executive officer and managing director Vishal Sikka took charge of the company in August.
Even as high attrition rates continue to haunt Infosys, the country's second-largest IT services firm is confident of bringing it down to 12-14 per cent in the next two quarters as it gets back to the growth trajectory.
If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years.
Owaisi's five seats in Bihar's Muslim-majority Seemanchal region ought to ring alarm bells, observes Virendra Kapoor.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
Pai argued that at a time when the salary for entry level software engineers had not been raised in the IT industry in India for the past seven years, it was totally wrong to hike the compensation for top-level executives.
Reliance gold scheme does not require demat account.
This challenge has been made a little more daunting with the addition of two new uncertainties.
Infosys had guided for a revenue growth in the range of 11.5-13.5%, which has now been lowered to 10-12%.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
Now mergers, acquisitions, sale of assets, fundraising, strategic intent and competitive position in the market are part of business life everywhere.
IT major Infosys on Friday announced a 3.1% increase in profit to Rs 3,096 cr, besides announcing a 1:1 share bonus
As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.
India accounted for 2.2 per cent of the revenues of Infosys.
Even after this sale, the founder group will continue to have a substantial shareholding in the company.
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity.
'Employees find work challenging and fun'.
Infosys needs to be more innovative and disruptive with its product and services, keeping its focus on growth.
Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
Infosys co-founder N R Narayana Murthy on Monday denied that he had withdrawn his concerns about governance lapses at the firm, saying the board has to address these "properly" and "full transparency should be displayed and people responsible for it should become accountable".
Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways.
Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.
New initiatives expected to bear fruit by middle of 2015
The report published by an English daily said the promoters wanted to sell their entire stake as they were unhappy over the manner in which the company was being run.
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
Reminiscing time spent at the firm he co-created with six other friends in 1981, Infosys non-executive chairman S Gopalakrishnan said many major events in his life are linked to major milestones of Infosys.
Prospects are grim for many, as humans and organisations aren't keeping up with the pace of technology. Shyamal Majumdar ponders the future of employment.
"We remain open to opportunities if appropriate valuations come up," said Reliance MF CEO Sundeep Sikka. Reliance MF, which is India's biggest mutual fund in terms of assets under management, has also become the first fund house to cross an average AUM of Rs 1 lakh crore. "Consolidation has already started in the industry and, going forward, only top 5-7 fund houses would command the major chunk of funds as investors will have confidence in large fund houses," Sikka said.
The whistleblower, claiming to be an employee working in the finance department, said he was submitting a 'whistleblower complaint' unanimously as the matter stated was 'volatile' and that he feared retaliation on disclosing the identity.
The latest whistleblower complaint accusing him of pressuring finance team members to inflate profitability has come right out of the blue. There's another allegation that he made racist remarks against some board colleagues. For a man with a singular focus on the business and clients, all of this must have blindsided him.
Reliance MF, the country's largest fund house, has witnessed an increase of about 13 per cent with the average AUM crossing the Rs 1,00,000 crore mark in May as compared to Rs 88,387.98 crore at the end of April. In May 2008, it had crossed the Rs 100,000 crore mark, but in terms of total assets under management. This time, the level has been crossed in the average monthly AUM, which is taken into consideration in the data released by the Association of Mutual Funds of India.
Monthly SIP inflow is Rs 6,000 crore, with a little over 1.75 million accounts
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