Indian IT companies, whose spectacular growth have made many of them household names, have failed to make it to the global list of 100 fastest-growing tech companies prepared by Fortune group magazine Business 2.0.
Artificial Intelligence-first business strategy adopted by Infosys is working well for the company despite unresolved ethical and IPR issues around the technology, Infosys chairman Nandan Nilekani said on Wednesday. In his address at Infosys' 42nd Annual General Meeting, Nilekani said the company can be more efficient while nurturing readiness for growth, given its performance in challenging scenarios created by inflation, interest rates, geopolitics, demand volatility and supply chain dislocations. "Several practical, ethical and intellectual property-related issues, when it comes to AI remain unresolved.
The audited consolidated financial results of the company and its subsidiaries as per Indian GAAP would also be\nconsidered at the board meeting.
Indian software giant Infosys Technologies Ltd said it was under pressure to lower prices as clients sought to cut costs and cut-rate rivals tried to corner business in a global economic slowdown.
Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.
Indian software giant Infosys Technologies Ltd is taking in more entry-level engineers this quarter to cope with rising outsourcing business, matching the record hiring in the preceding three months, analysts said.
Infotech major Infosys Technologies Ltd is scouting for acquisitions in 'all geographies' to expand its overseas footprint, the company's chief executive officer and managing director S Gopalakrishnan said.
The deal size was, however, not disclosed. T-Mobile is one of the world's largest mobile operators with more than 125 million customers worldwide and about 16.7 million customers in the UK itself.
Software major Infosys Technologies Ltd has signed an agreement to acquire Australia-based Expert Information Services for $22.9 million.
Software and consulting major Infosy Technologies on Thursday announced that its banking business unit was partnering with Microsoft Philippines
A total of 100 students from 70 universities across the world are expected to arrive at Infosys Technologies as part of its global internship programme, 'InStep', officials of the Nasdaq-listed company, said on Friday.
Developed by the US Green Building Council, LEED Green Building System aims to promote design and construction practise that increases profitability while reducing the negative environmental impacts of buildings. The Bangalore-headquartered company was working with experts on the subject to employ the latest technologies in every aspect of energy consumption in areas like lighting and air-conditioning, the company said in its annual report filed with the SEC.
Kris is gentle but firm, consultative yet decisive, and thoughtful yet action-oriented
"We are looking for acquisitions," Infosys chief executive officer and managing director Kris Gopalakrishnan told reporters in Mumbai on the sidelines of the Nasscom India Leadership Forum on Thursday.
Infosys Technologies Ltd will recruit 8,000-10,000 workers in the current fiscal, while its new subsidiary Infosys Consulting Inc would employ 75 people in its first year, Nandan Nilekani, managing director and CEO, said in Mumbai on Thursday.
Expectations among investors are high on Infosys Technologies as it comes out with a bonus share option or a stock split to shareholders on Tuesday, synchronising with the company breaching the $1 billion mark in revenues.
Infosys Technologies, India's second-largest IT services firm, appears set on having an insider as its chairman when N R Narayana Murthy retires in August next year.
Infosys Technologies is investing an additional $10 million to further globalise its banking solutions product Finacle, besides expanding its sales force in Europe and Asia Pacific for banking products.
IT major Infosys Technologies is all set to expand its operations in Hyderabad with a second campus that would come up in 550 acres with an investment of Rs 1,250 crore (Rs 12.50 billion) over the next ten years.
Infosys Technologies Ltd on Wednesday as part of the MoU between the company and government of China it would train 100 students from China.
Nasdaq-listed software major Infosys Technologies said, on Wednesday, that it will recruit 8000-10,000 people this fiscal year and invest $21 million for expansion.
Bangalore based IT major, Infosys Technologies Ltd, will maintain the $204 million to 207 million revenue guidance for the fourth quarter ending in March, despite business uncertainty emerging due to the Iraq crisis a top company executive said
The plans of India's second-largest IT services provider, Infosys Technologies, to establish a second major campus in Bengaluru has cleared a major hurdle, with the Karnataka government giving its approval to convert the space -- where the software firm had acquired land for the purpose -- into an industrial area.
Infosys and its CEO Nandan Nilekani are both working towards becoming global brands.
'Our phones are taken away as we enter the room.' 'They are just asking us to sign without any discussion. If you ask for a discussion, they say, 'Sign first'.'
N R Narayana Murthy, Nandan Nilekani and other directors of Infosys Technologies along with Foreign Institutional Investors own half of the company despite a gradual drop in their shareholdings.
In a major top-level management restructuring, India's second largest software firm Infosys on Saturday named veteran banker K V Kamath as the new chairman to succeed founder N R Narayana Murthy, who retires in August.
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 Bangalore-based company has said in a filing to Nasdaq 'additional information for 2010-11' that the average age of its employees in 2011 stood at 27 years.
Nasdaq listed Infosys Technologies will announce its third quarter results on January 12.
India's second largest software company Infosys Technologies will add 12,600 software engineers this fiscal, surpassing its record of over 11,000 additions in 2004-05, the company said on Thursday.
Indian IT services major Infosys on Thursday announced that it will expand collaboration with tech giant Microsoft to drive enterprise cloud transformation globally. According to a statement, the extended strategic collaboration between Infosys and Microsoft is expected to benefit enterprises by bringing them the best of Infosys Cobalt cloud offerings and Microsoft's cloud computing technologies, led by Azure, across the business value-chain.
Infosys, according to sources close to the development, bagged the pilot project emerging as the lowest bidder (L1) in a competitive bidding process, which was attended by most Indian IT services firms and global companies like Siemens and IFS.
Infosys Technologies Ltd on Wednesday said it will invest $10 million to set up a software development campus in Shanghai in association with Zhangjiang Hi-Tech Park.
