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Infosys aspires to be bellwether of Indian IT industry again: Sikka
TweetGlobal software major Infosys Ltd. aspires to be the “bellwether of the Indian IT industry once again”, said its first non-founder chief executive Vishal Sikka. “We aspire to be the bellwether of...
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Infosys to step on the gas, consider big acquisitions
TweetDisplaying Infosys’s new-found confidence and aggression under a new management, Chief Operating Officer U B Pravin Rao on Tuesday said the company was ready to make “large acquisitions”, adding...
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Are Indian suppliers IBM Global Services’ biggest threat?
TweetIndia’s IT services industry has grown fast, but who would have thought that TCS is now IBM Global Services’ biggest threat. That’s what one management consultant told me last week. I was writing...
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Infosys to hire over 2,100 in US, including 600 graduates
TweetInfosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced a major recruitment drive in the US to support the growth of its business and enhance...
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Infosys to hire 2,100 in US to spur growth
TweetGlobal software major Infosys Ltd. will hire 2,100 people, including 600 graduate engineers, in the US over the next 12 months to support its business growth and enhance its capabilities. “We are...
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New IT Jobs Set to Fall by 50% in Four Years: Crisil
TweetNew hirings in the IT sector are likely to drop by 50 per cent over the next four years, according to a report by Crisil. The prediction is extremely negative for lakhs of engineering students...
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Infosys’ outsourcing unit CFO sacked; chief quits
TweetInfosys on Tuesday announced the termination of the services of Abraham Mathews, chief financial officer (CFO) of its business process outsourcing (BPO) subsidiary, for non-compliance with the...
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Six more to be sacked at Infosys BPO for inflated invoices as probe reveals...
TweetInfosys, which announced the firing of the finance chief of its back-office arm on Tuesday, is set to sack more employees at the unit to underline its intolerance for financial impropriety as it...
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Infosys unit’s overbilling Apple led to exit of top executives: sources
TweetIndian outsourcing major Infosys Ltd’s back-office services unit was overcharging Apple Inc, leading to the exit of top executives, two senior Infosys people said on Thursday. Infosys, India’s...
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Infosys Plunges on Promoters’ Share Sale News: Where is a Hundred Billion...
TweetInfosys Ltd saw its shares fall 4% on Monday on news that its co-founders are set to sell shares worth almost $1.1billion. The sale, said to involve four of its co-founders and their families, are...
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Wipro, Infosys outpacing each other to meet demands in unfavourable global...
TweetBattling to regain lost glory, Wipro and Infosys are stepping up their age-old rivalry, this time to out-innovate each other as the two Bengaluru-based software exporters invest in disruptive...
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Wipro spending $200 million on building next generation platforms
TweetWipro is spending more than $200 million annually on building next generation platforms that focus on disruptive technologies including cognitive technologies, automation and machine-to-machine...
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Infosys Expands its CSR Activities With Infosys Foundation, USA
TweetInfosys today announced that it would expand its Corporate Social Responsibility (CSR) activities in the Americas through its philanthropic arm, the Infosys Foundation, USA. It would focus on...
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IT stocks advance on positive jobs data in US
TweetKey benchmark indices held firm in early afternoon trade. The barometer index, the S&P BSE Sensex remained past the psychological 27,000 level which it had attained in early trade. The Sensex...
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Emirates Islamic Bank to use Infosys product
TweetDubai-based Sharia-compliant Emirates Islamic Bank has selected Finacle banking software product of Indian IT bellwether Infosys for its operations across the Gulf region. “Finacle will enable the...
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Infosys to make second startup investment in air quality detector company
TweetInfosysBSE 0.94 % is about to make its second startup investment this year, in a firm that makes air quality detectors as India’s second-biggest software company doubles down on identifying...
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Wipro’s long search for a dogma breaker
TweetTen months. Five candidates. Three countries. That is the journey Wipro Ltd chief executive officer T.K. Kurien and human resources head Saurabh Govil undertook before the company named Abid Ali...
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Infosys, Accenture in last lap for Rs 900-crore deal in Australia
TweetInfosys and Accenture have entered the final lap to clinch a Rs 900-crore ($150 million) IT outsourcing contract from Australia-based financial services provider Macquarie Group. The five-year...
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Rs 900-crore Oz outsourcing deal: It’s Infosys vs Accenture
TweetIt’s raining IT deals. Infosys and Accenture have entered the final lap to clinch a Rs 900-crore ($150 million) IT outsourcing contract from Australia-based financial services provider Macquarie...
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Infosys, Wipro, TCS caught in outsourcing price war
TweetTop software service exporters are under pressure to drop prices to retain contracts with marquee customers such as American Express and Home Depot that are up for renewal this year, according to...
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