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.
The project is supported by the Department of Jobs through IDA Ireland.
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.
Infosys on Friday posted a 3.5 per cent rise in quarterly net profit, lagging analyst estimates.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
