Infosys, as part of performance improvement programme, allows 'poor performers' to undergo training to get into shape.
Infosys added 10,997 employees (gross) in the last quarter of FY'14 and 39,985 during the fiscal to take its total headcount to 1,60,405 people.
Praising Delhi Chief Minister Arvind Kejrival for some of the work he has done, Infosys Executive Chairman N R Narayana Murthy on Thursday said the Aam Aadmy Party leader needs to be reasonable with business.
Rao, in his letter, appealed to employees to stay the course, focusing on execution and expanding the services that the company had built over the past few years.
Raghu Krishnan profiles the man in the eye of the storm at Infosys.
Sikka said various people including his wife, family members, alma mater, friends and teachers have played the role of anchors to impart wisdom and clarity to his decisions.
The reduction in holdings comes at a time when technology firms are facing cross currency headwinds due to volatility in the global financial markets
With ICT, there is a need to re-look at traditional models of business management, says Narayana Murthy.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
What have you found more useful -- practical experience, theoretical knowledge or a mix of both? Share
Infosys President B G Srinivas will join Hong Kong-based diversified group PCCW as Group Managing Director in July, after ending his 15-year old stint with India's second largest IT services firm.
The tax portal problem is a goof-up by both sides, and making Infosys the only villain in the story is quite unfair, argues Shyamal Majumdar.
Last week, its global head of strategic sales, marketing and alliances Prasad Thrikutam resigned from the job marking the 11th senior management executive exit from Infosys since Murthy's return.
The British and Irish prime ministers assemble with a former American president at an event in Belfast marking the 25th anniversary of the Good Friday Agreement.
Here are some facts about Rishi Sunak and his India connections.
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.
There has not been a single invention from India in the last 60 years that became a household name globally, nor any idea that led to "earth shaking" invention to "delight global citizens", IT czar N R Narayana Murthy said.
Here is a list those great men and women who, in the past 20 years, have shaped the course of India Inc.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
Liz Truss, the British foreign secretary, who has a huge lead over her rival Rishi Sunak, seems a shoo-in to travel to Balmoral Castle in Scotland next week to meet Queen Elizabeth II, the first time ever the monarch will ask a politician to form a government away from Buckingham Palace, her home in London.
In Parekh, an IIT-Bombay and Cornell University alumnus, Infosys may have finally found a person who will grab the market opportunity with good execution.
ISB has introduced this concept, christened "Shadow a CEO", to mobilise funds for charity and allow its students to work with the Who's Who of India Inc for a day. Some 16 CEOs have agreed to participate. "We not only want to put the money generated for benefit of the society, but also let our students experience the joy of operating with a CEO for a day," said Ajit Rangnekar, Dean of ISB.
Rishi Sunak, who is set to be Britain's first Indian-origin prime minister, recently said that he wants to change the United Kingdom-India relationship to make it a more two-way exchange that opens up easy access to UK students and companies in India.
Leveraging next generation technologies like artificial intelligence, software services major Infosys is confident of returning to industry-leading growth and regaining its position as the bellwether of the over $100 billion Indian IT industry.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
Eight directors of Infosys Technologies have pocketed Rs 862 crore (Rs 8.62 billion) by offering 3.60 million shares as part of the company's third sponsored American depositary shares issue.
Slow growth over several quarters has drawn criticism from various stakeholders including the shareholders.
India accounted for 2.2 per cent of the revenues of Infosys.
India's second-largest software services company Infosys on Wednesday posted 12 per cent year-on-year rise in consolidated net profit at Rs 5,686 crore for March quarter 2021-22. The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,076 crore in the corresponding period previous year, according to a regulatory filing. Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period, it added.
The route to that target is clear in Sikka's mind.
Recruitment from colleges should be done and local people be trained to add value to Indian companies, said Murthy.
LIC, the biggest institutional investor in the stock market, held 3.71 per cent stake in Infosys during the October-December quarter, which has fallen to 3.25 percent as of March 31, 2014.
Former Chancellor Rishi Sunak extended his lead in the United Kingdom prime ministerial race on Wednesday with the highest number of votes at 88 in the first round of voting by Conservative Party MPs, which narrowed down the race from eight to six candidates on the shortlist.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
Glimpses of the pro-Ukrainian demonstration in London on Wednesday, February 16, 2022, as the United States warned of a Russian invasion of Ukraine.
The Street is especially looking forward to the management commentary to get a sense of its new direction
Analysts say IT major cleaning up act before new CEO takes over; regulator might take a year
Infosys new chief executive officer and managing director Vishal Sikka took charge of the company in August.
Rishi Sunak tightened his grip on the race to replace Boris Johnson as Conservative Party leader and British prime minister as he bagged 101 votes to again emerge as the winner of the latest voting round on Thursday.
