Amidst the slowdown and the freeze on recruitment, there is some good news for students graduating next year: Infosys is planning to begin campus recruitment across the country from January 2010.
India's second largest software exporter Infosys on Tuesday said it is pursuing 15 deals worth $100 million overseas, while it expects to earn more than five per cent of its total revenue over the next 5 years from the country.
IT major Infosys Technologies would be focusing on emerging countries, including Brazil, China and India.
Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.
Infosys Technologies Limited, the Bangalore-based consulting, IT services and business process management company, is leveraging its human resource (HR) development strategies to bring new business into its fold, said company's chief executive officer and managing director S Gopalakrishnan (Kris).
Indian-origin tech companies cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H-1B visas issued to different employers, about 24,766 visas were issued to Indian-origin companies.
The company has invested Rs 193 crore ($45 million) in Infosys Consulting, which includes an investment of Rs 81 crore (Rs 810 million) in FY 08. During fiscal 2005, the company established Infosys Consulting, a wholly-owned subsidiary in Texas, US, to add high-end consulting capabilites to its Global Delivery Model.
Infosys Technologies has won the prestigious Global MAKE (Most Admired Knowledge Enterprises) award for the year 2004.
Infy's cash utilisation may play role in whether valuation gap too narrows
In a major boost to West Bengal's industrialisation drive, IT major Infosys Technologies on Tuesday signed an MoU with WBHIDCO for a 50-acre plot to open a campus in Kolkata to provide job opportunities to nearly 15,000 people.
Infosys will be taking over the subsidiary along with all the costs in the similar manner that TCS had acquired the operations of the Pearl Group in the UK.
Reacting to the horrific blasts that ripped through Bengaluru, India's third-largest software company, Infosys Technologies Ltd, said that it had increased security on its campus and that all its employees are safe.
Infosys Technologies will soon induct two of its top executives to its board, to fill the vacancies left by the resignations of human resources and administration director Mohandas Pai and co-founder K Dinesh.
'When you go from a larger base, clearly, the challenges are bigger.'
Infosys Technologies will delay its visit to campuses for recruitment this year. The software major normally starts the recruitment process during April or May.
The offshore development centre of information technology major Cadence Design Systems has dislodged Infosys Technologies from its top position to emerge as the best employer of the Indian IT industry in 2003.
Infosys Technologies is now compliant with Section 404 of the United States' Sarbanes Oxley Act of 2002 (SOX Act) well ahead of the mandatory deadline of March 31, 2007.
As a part of its expansion plan, Infosys, the biggest software exporter from Orissa, had given a commitment to resume construction work on its second campus at the Infocity-II region by April.
The strategic buyout of Axon will increase Infosys' share in the high-growth SAP segment and consolidate its position in Europe.
Infosys Technologies and Association for Computing Machinery have signed an agreement to create a new annual award that recognises young scientists and system developers.
IT major Infosys Technologies has incurred a capital expenditure of Rs 63 crore in its three loss-making subsidiaries in China, Mexico and the US.
Software major Infosys Technologies announced on Wednesday the launch of South Asia chapter of Fulcrum -- the Finacle User Forum.\n\n\n\n
While IT bellwether Infosys Technologies added 4,429 to its headcount in the last quarter, three of its employees were also in the news for the wrong reasons leading to two suspensions and one sacking in the IT firm.
We are very clear we are building a company that will outlast the founders, demonstrate its longevity and sustainability, and be there for several generations, says the Infosys CEO.
Key among those would be US Federal Reserve Chairman Ben Bernanke's speech late on Monday evening, fourth-quarter earnings report by information technology major Infosys Technologies and India's industrial production data during the week.
IT firm's performance shows trouble in products segment, a majority of whose share comes from Finacle
IT giant Infosys Technologies on Thursday announced that Prime Minister Manmohan Singh will inaugurate the company's corporate training centre in Mysore on Saturday.
The process is long-drawn, meticulous, and in consonance with the company's stated vision: 'To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people.'
US-based PerformanceRetail, Inc, which provides technology solutions for the retail industry, said it had picked India's Infosys Technologies Ltd to provide it services in product development and maintenance.
IT bellwether Infosys Technologies is on the prowl to acquire small and medium business process outsourcing companies that fit strategically with the operations of its subsidiary, Infosys BPO.
The Indian IT industry has consistently protested the anti-outsourcing rhetoric of American politicians.
Constraints in acquiring land is hindering software major Infosys Technologies from expanding further in Bangalore, Nandan M Nilekani, chief executive officer, and managing director said on Wednesday.
Infosys Technologies has placed around 5 per cent of its global workforce under the scanner. The move, which is being seen as an offshoot of the global financial meltdown, is expected to affect over 5,000 of the 100,000-plus employees on the company's rolls.
IT industry's two giants present a contrast.
He spoke on key strategies the company is adopting to tide over the rough times.
With a view to tap the east Europe market better, the Nasdaq-listed software major Infosys is planning to set up a centre in Czechoslovakia for both information technology and business process outsourcing operations.
