With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
Also looks at setting up development and training centres in the US to tide over visa-related issues
Company expects to be back to industry leading growth in FY17.
The buyback, if successful, will surpass RIL's 2012 share repurchase of Rs 10,400 cr
Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies.
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
Right now Infosys is somewhat on the up.
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
The share buyback -- which will be the first in the company's 36-year history -- has been a long-standing demand by some of the founders and high-profile former executives, who have been pushing Infosys to return surplus capital to its shareholders.
Did you know that India is among the top five countries in food processing?
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
Narayan Murthy says the software industry has boosted the international image of India like no other sector.
They were the source for entry-level recruitments in the IT industry before the job market crash.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
It is not that platforms and products are something that Infosys has not tried earlier.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
Analysts expect the company to post 6.2% sequential growth in rupee revenue.
Sohini Deb who cracked CAT 2013 with 98.11 percentile and secured admission at IIM Kozhikode shares her study secrets.
Indian IT companies have been under pressure to return excess cash on their books to shareholders through generous dividends and buybacks
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
Infosys may have put the visa misuse investigations behind it through a civil settlement with the US authorities, but experts believe that the episode might drag its other peers under the scanner.
Software industry body Nasscom on Wednesday appointed Cognizant India Executive Vice Chairman R Chandrasekaran as its Chairman for the year 2014-15.
A Molotov cocktail of lies, abuse and bigotry is blowing up social media.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Experts say only three per cent individuals pay taxes.
Reskilling and online certification are the biggest earners in the Indian online education market
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.
The challenge for Indian software is clear. A good part of its bread and butter business - writing code and maintaining software systems - is being automated, reducing revenue streams and work for lower level employees
Infosys, in April, had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year through dividend and/or share buyback.
The Supreme Court is scheduled to pronounce on Thursday its verdicts on a batch of petitions seeking re-examination of its decision to allow entry of women of all age group in Kerala's Sabarimala Temple and a review of its judgment giving a clean chit to the Modi government in the Rafale fighter jet deal with French firm Dassault Aviation.
The deal for 800,000-square foot plot in Gurgaon's Infospace Tikri SEZ is likely to improve real estate absorption rate, which has seen some upside recently.
People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.
Facebook's Mark Zuckerberg is at the second place.
Big data analytics is an expertise that offers actionable insights and is a confluence of a host of specialisations, including mathematics, science and social sciences.
IT sector has lots of hope from the Union Budget 2014-15.
Sore points: Sikka's salary, high severance pay to executives, poor disclosures.
Facebook enabled users to mark themselves safe in Chennai since Thursday morning
