David, is set to join Hewlett Packard Enterprise as a senior VP for Enterprise Services Delivery.
CEO Vishal Sikka's strategy is in line with focus on academic research in new technologies.
Infosys, the country's second largest IT services firm, is open to 'bigger scale' mergers and acquisitions but with a caveat, it is not interested in "yesterdays" companies.
Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.
Senior inspector Arun Waykar, Hinjewadi police station, said, "Our investigation suggests that sometime on Sunday afternoon, the victim objected to the suspect staring at her and warned him that she would lodge a complaint. Later, she took a break.
Bengaluru's average home prices are Rs 4,000 a sq ft.
The first-quarter performance of top IT services players, as well as mid-cap firms, has been subdued, reflecting macro uncertainties. The numbers of the top four firms show several misses, hinting at difficult times ahead. One mismatch is the total contract value (TCV) signed by the firms and the revenue growth registered.
The ministry of external affairs on Monday confirmed the death of Raghavendran Ganesh
The Congress has proposed the name of billionaire Nandan Nilekani, the co-founder of software giant Infosys, to contest the Lok Sabha elections from Bengaluru's south constituency. But will his capabilities stand to the popularity of BJP's prime ministerial candidate Narendra Modi? Vicky Nanjappa finds out
Infosys CEO Vishal Sikka on Wednesday said the founders of India's second largest IT services firm Infosys still remain committed to the firm and the sold stock will be used for philanthropic purposes.
Sikka said second quarter will be better than the April-June period
The new platform will deliver insights that help brands accurately sense and fulfil consumer demand while significantly improving sales and operational performance.
The $140-billion Indian IT market is facing challenges on multiple fronts including stricter visa regime in key markets and shortage of skilled manpower for new technology areas like data science.
The report, published by brokerage firm Ambit Capital Research, also says the promoters hold disproportionately high board representation with respect to their total shareholding in the Bengaluru-based company.
According to the retirement policy followed at Infosys, Shibulal would retire in about three years, when he turns 60.
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America.
Shares of Infosys today closed at Rs 1,065.35, down 1.95 per cent from the previous close on the BSE.
At the end of Q1, Infosys had 1,79,523 employees.
Infosys continues to see challenges in the short-term in the insurance space.
'There is large-scale sacking, and salaries in smaller companies are lower than the minimum wages of Rs 18,000 a month.'
Post the sale, Batni's stake in the firm declined to 0.095 per cent (549,847 shares).
State government says Infosys is Karnataka's baby and it will give the company full support to stay in the IT Park.
Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.
An Infosys employee has been picked up for allegedly murdering his wife three days ago in Bangalore. Priyanka Gupta was found dead in her flat with her throat slit and her hands and legs tied.
Software giant Infosys on Monday took strong objection to a United States senator describing it as a 'chop shop' and asserted that the company was a responsible corporate that creates jobs and provides high quality services across the world
Infosys as working on becoming "independent of the visa issue" as much as possible and hire more locals
Firm's dented image following Sikka's exit could bring down revenues in the margin rich US market and force Infy to hire fewer Americans, as hiring locals in developed markets comes at a cost.
Infosys is developing three more projects at Electronics City.
Layla Bolten claims she was harassed by colleagues; sues firm in US; company says charges are 'false and baseless'.
As four founder families sold part of their Infosys holdings on Monday, CEO Vishal Sikka said monetisation of shares for philanthropic and entrepreneurship purposes was in line with the company's values.
Company expects to be back to industry leading growth in FY17.
The company has been at the centre of an outcry over visa abuse.
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.
Prime Minister of the Netherlands Mark Rutte on Monday said the G20 New Delhi declaration was clearly a compromise, which is always the case with such a multilateral forum, but he was happy with the fact that there were some key elements in it, and that India was able to broker it.
First acquisition under Sikka's plan of buying technologies for tomorrow
India's second largest IT firm Infosys has extended the tenure of its chief Vishal Sikka by nearly two years till March 2021, saying his initiatives have helped the company move towards reclaiming its industry leadership position.
Union Finance Minister Nirmala Sitharaman, former chief minister B S Yediyurappa, IT industry veteran N R Narayana Murthy along with wife Sudha Murty, and Mysuru royal family member 'Rajamate' Pramoda Devi Wadiyar, were among the early voters who cast their ballot in the Karnataka Assembly polls.
Rajinikanth traveled to Bengaluru to attend the Karnataka Ratna Award ceremony on Tuesday, November 1, which honoured the late Kannada actor Puneeth Rajkumar.
Another Indian national, who was among about 15 people held hostage in a popular Sydney cafe and later rescued, was also an Infosys employee.
The IT-BT minister claimed that the then BJP government did not merely charge a '40 per cent commission', as his party had claimed during the assembly election, but had collected a commission of more than 400 per cent.
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