His detractors now say they're believers again, after Murthy stepped down to allow Sikka to chart his own course.
Work on the 340-acre campus expected to be completed by April this year
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
Infosys BPO Vice President Ramit Sethi has joined Wipro BPO as Senior Vice-President-Knowledge Services and Capital Markets.
'Offshore services are expected to grow in 2010.'
Infosys is developing three more projects at Electronics City.
Analysts say the impact on Indian entities would not be immediate
Citing some news reports about alleged unfair business practices, and that the lender had also missed analysts' estimates on profits for the first quarter ended June FY21, Rosen Law Firm said it is preparing a securities lawsuit.
'Indian companies has a responsibility to create jobs for Americans, too'
Infosys Technologies on Friday said it would bid for multi-crore rupee projects under the Unique Identification Database Authority, which would be headed by the company's former co-chairman Nandan Nilekani, as it sees no conflict of interest.
Society for Elimination of Rural Poverty chief executive officer T Vijaya Kumar and Infosys BPO Limited CEO and managing director Amitabh Chaudhry signed the MoU in the presence of chief minister K Rosaiah, state rural development minister Vatti Vasantha Kumar and other senior officials in Hyderabad.
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
While the denial rate has dropped slightly to 21 per cent in 2019 from 24 per cent in 2018, the National Foundation for American Policy has said it is much higher for Indian IT companies like Tata Consultancy Services (TCS) and Wipro and very low for American companies like Amazon and Google. For instance, the denial rate for TCS and Infosys in 2019 was 31 per cent and 35 per cent respectively, whereas for Wipro it was 47 per cent and 37 per cent for Tech Mahindra. On the other hand, the denial rate for the new H-1B petitions in 2019 was just four per cent each for Amazon and Google. The denial rate for Microsoft during the same period was six per cent, and Facebook along with Walmart was just three per cent each.
My focus would be to make Infosys more competitive, increase productivity further, continue to be a leader in corporate governance, attract the best of global talent and enhance brand equity
The 12-member team includes seven senior executives of MindTree, including Soota himself, three from Wipro and one from Infosys.
Infosys Ltd will pay its new chief executive officer Vishal Sikka up to $5.08 million in annual salary besides a stock option of $2 million, a package considered lower than global peers.
Infosys CEO Nandan Nilekani has been named as 'Businessman of the Year' for 2006 by Forbes Asia for his "nimble" stewardship in keeping the company ahead of peers in the global outsourcing phenomenon.
Technology evolution forces private players to downsize operations.
Polarisation and the increase in index weight of a few a stocks have weighed on performance. The worst performers include Nippon India Large Cap and HDFC Top 100 (2.6 per cent).
Infosys chief mentor, N R Narayana Murthy is likely to become the non-executive chairman of the National Payment Corporation of India (NPCI) being set up to handle the retail payment operations of the Reserve Bank of India.
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.
Evaluation gets tougher as companies battle uncertain macro conditions and automation.
Sources say some large companies are also letting go of employees who aren't open to re-skilling.
The initiative, whose founding partners also include Accenture, CA Technologies, Cisco, Cognizant, Hewlett Packard Enterprise, Pegasystems, PwC, Salesforce and SAP, aims to bring competitive training content together on one platform to serve the greater good.
Ending all speculation, Infosys, India's second largest IT services company today announced Vishal Sikka, the former chief technology officer and member of executive board at enterprise software maker SAP, as the new CEO & MD.
Global banking major ABN Amro has signed a Euro 1.8 billion ($2.22 billion) contract with five IT vendors: Tata Consultancy Services, Infosys, Patni Computers, IBM, and Accenture.
There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay.
More than 100 days as the chief executive of India's second-largest information technology (IT) services company Infosys, Vishal Sikka on Wednesday said he was upset at the sector. He added there was a "better direction" the industry must look to take.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
Trump to sign an executive order aimed at achieving a more skills-based and merit-based immigration system.
Rivals like Cognizant Technology Solutions Corp and Infosys Ltd have also sharpened focus on the healthcare sector
Nandan Nilekani, Gokul Rajaram at top two spots in value terms
Government is set to release CPI for the month of May and Index of Industrial Production IIP for the month of April today.
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.
Vishal Sikka said such a plan is on the anvil.
Tier-II and tier-III towns have a reason to rejoice.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances