This time, not only would the job cuts be higher, but they would be even more broad-based, encompassing various levels of employees.
The Nasdaq-listed company has announced increasing Murthy's annual basic salary from the present $530,000 million to $1 million, which along with the annual performance-based bonus opportunity of $500,000 million makes the total annual package to $1.5 million (about Rs 7 crore).
With this, the total strength of TCS's board has increased to 11.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
We see India as a very important market for HP, says Sean Kenny.
Wipro, India's third-largest software services company is making a shift in its human resources practice.
To increase local talent mix in the US like their major peer Infosys
'Opportunity for a country like India is huge in terms of wealth creation.' 'That's the reason India is an attractive economy for investors.'
From Ranbaxy to Religare, Aashish Aryan takes you through a maze of legal cases involving Malvinder Mohan Singh and his younger brother Shivinder Mohan Singh. Both are in police custody following a complaint of fund siphoning.
In the past few months, 45 companies have signalled their intent to raise money through the institutional placement route.
The Bill says that the central government, in consultation with the Data Protection Authority, can direct any data fiduciary or data processor to provide non-personal data to enable better targeting of delivery of services. The government can also ask data processors to provide data for formulation of evidence-based policies for its own use.
If the deal goes through this will be second deal for Ebix in seven months, having bought Centrum group's forex and travel business Centrum Direct for a reported Rs 1,2000 crore valuation last August.
His detractors now say they're believers again, after Murthy stepped down to allow Sikka to chart his own course.
Wipro said recently it was expecting its revenue growth to drop 2.33 per cent or stay flat between $2,015 and $2065 million.
Less than a week after closing an acquisition, Premji tells investors firm will continue to look at buyouts.
Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to have claimed 200-300 jobs so far mainly in areas like administration, legal, and procurement.
The B-school also witnessed new roles in the domain.
Consumers plan to spend most on clothes and fireworks this Diwali according to a survey. The second biggest spending will be on gifts.
Barclays said Indian equities have had a strong first half.
Barclays said Indian equities have had a strong first half.
The counting of votes of the 16th general elections are scheduled for May 16, following which the new Indian government will be formed.
Thomas Cook India's internal data had highlighted Lucknow region as a high potential source market for holiday business.
He will get annual base salary of $1.3 million apart from bonus.
You see the products in every day life.
Infosys made a gross addition of 11,506 employees during the quarter, taking its total strength to 161,284 employees as on June 30.
We have created centres of excellence in areas like user interface design, user experience, cyber security - all the things required to bring the solutions to the market, says N Chandrasekaran.
Technology evolution forces private players to downsize operations.
In a complaint filed with the US Department of Labor in May, Palmer said Infosys and eight of its senior executives denied him work, bonuses and promotions and later terminated him, The Wall Street Journal reported on Tuesday.
Several observers have questioned the weakness in execution of the 3.0 strategy.
Experts say bulk hiring and traditional IT skills on the wane, with over half of the rise in hiring focused on those with expertise
Sikka's remuneration will likely be comparable to CEOs of global giants like IBM and HP.
Despite a shrinking market share and declining profitability, Murthy's return helped Infosys get a double thumbs-up from investors.
'At its peak, COVID-19 in Korea felt like half-disaster, half-disaster movie.'
The Washington, DC Chapter of The Indus Entrepreneurs recently honoured three pioneers in information technology, the restaurant business and mobile technology.
The script was triggered by today's kids who seem so comfortable with gadgets and the Internet right from infancy.
The company will have to retain independent auditor, do annual compliance review.
Wipro, TechM and HCL to lead sector growth in Q4, while Infosys to report soft quarter.
Enterprises in India will continue to use BI to be transformative in their approach.
Quits as SAP board member; had made presentations before Infy board in January.
This is the first time, perhaps, Infosys has appointed as CEO a person who has never managed P&L or has any experience in managing lakhs of employees.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances