Infosys may have put the visa misuse investigations behind it through a civil settlement with the US authorities, but experts believe that the episode might drag its other peers under the scanner.
'It is not that the H1B visa employees are coming in to displace jobs.'
Sikka said since more and more of the work is now becoming automated, the Indian IT companies need to focus much more on the innovative areas and on the new areas.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
Even as high attrition rates continue to haunt Infosys, the country's second-largest IT services firm is confident of bringing it down to 12-14 per cent in the next two quarters as it gets back to the growth trajectory.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
Sensex ends belowe 26,800 on domestic concerns.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Google is the most attracitve employer in India followed by Sony
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.
The broader NSE Nifty gained 22 points to 10,480.60
Experts, however, are of the opinion that a world manned mostly by bots is still some time away. Also, new jobs -- of bot builders and supervisors -- will emerge with time.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
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.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
Infosys: Sikka magic may revive double-digit revenue growth
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
The stock was the worst performer among the blue-chips on both Sensex and Nifty.
Wipro said recently it was expecting its revenue growth to drop 2.33 per cent or stay flat between $2,015 and $2065 million.
With employees as brand ambassadors, can the company get the grime off its image?
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Investors indulged in profit booking at attractive and higher valuations
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Did you know that India is among the top five countries in food processing?
'Tata Steel has doubled, Tata Motors has more than doubled, and Tata Chemicals too has more than doubled.' 'So, Cyrus Mistry was getting accepted by the market for bringing in the change that was good for the group companies.'
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Insurance companies are going all out to grab eyeballs.
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
Under Neemuchwala's digital-first vision, Wipro has accelerated investments in automation, analytics, cloud and cognitive technologies over the past three years, says Ayan Pramanik.
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
