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India’s Infosys plans to cut ‘up to 5,000 jobs’
India’s second-largest software outsourcer Infosys is planning to cut up to 5,000 jobs, a report said on Friday, as it seeks to reduce costs in a tough business environment. “Infosys is asking the...
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Struggling Infosys Looks Outside India Government For Growth
Struggling Indian IT giant, Infosys (INFY) is looking beyond government info-tech spending and turning towards corporations at home. It’s bad enough that Infy’s major overseas operations are in trouble...
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Gautam Thakkar is frontrunner for Infy BPO CEO post
The frontrunner for the Infosys BPO top job, Gautam Thakkar, is one of the firm’s founding employees. He is responsible for finance & accounting, sales & fulfillment, human resource...
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Infosys unexpectedly raises forecast, shares surge 17 percent
India’s No.2 software services provider Infosys Ltd (INFY.NS) raised its revenue forecast after posting stronger-than-expected quarterly profit, triggering a near 17 percent surge in its shares, set...
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Infosys scouting for chief to head BPO business
Software services major Infosys today said the company has started the process of finding a new chief executive for its BPO business in view of Swami Swaminathan’s approaching retirement in July. “We...
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Obamacare Opens Outsourcing Window for Infosys: Corporate India
Infosys Ltd. (INFO), India’s second-largest software exporter, is tapping demand from U.S. President Barack Obama’s push to overhaul the nation’s health-care system to include an additional 30 million...
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TCS, Infosys bridge revenue growth rate gap with Cognizant
After nearly a decade of lagging Cognizant Technology Solutions Corp. in annual revenue growth, India’s top software firms Tata Consultancy Services Ltd and Infosys Ltd are beginning to catch up with...
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IT firms like TCS, Infosys & Wipro losing work as MNCs’ captive centres are...
Captive technology centres of global corporations, which appeared to have gone out of fashion, are coming back into prominence, a development that is not good augury for Indian software companies such...
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Wipro Limited More Cautious on 2013 Than Tata Consultancy Services Limited...
Bangalore based company Wipro Limited (NYSE:WIT) , one of the leading firms in India’s powerful IT sector has posted mixed results for its previous quarter. Although quarterly earnings beat analysts’...
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Infosys to hire 200 in US
Tweet Infosys has identified Atlanta as a strategic hub for growth in the US. In line with that strategy, the second largest IT outsourcing company plans to add 200 employees in the next couple of...
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Infosys gets more flexible on pricing strategy
TweetIn a marked departure from its usual business strategy, Infosys Ltd is cutting prices for select clients, offering add-on services for free to some customers, and partnering with niche firms to...
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TCS, Infosys, Wipro abusing H-1B visa system: US Senator
TweetAmidst Congressional debate on the comprehensive immigration reform, a top US Senator has accused big Indian IT companies — TCS, Infosys and Wipro — of abusing the H-1B visa system. “There are...
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Infosys-IPSoft pact aims to automate outsourcing
TweetOutsourcer Infosys and New York automation software firm IPSoft will establish an autonomics center of excellence and lab at the Indian company’s headquarters in Mysore. In a statement released...
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Infosys struggles as industry laggard
TweetWhen Infosys became the first Indian company to list on the technology-heavy Nasdaq stock exchange in 1999, it was a moment of pride for the nation that had put behind socialist isolation to...
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Infosys to enter IT education through Mysore campus
TweetSoftware service major Infosys is set to become the first out of the big five information technology (IT) software companies to enter education and training business. Infosys plans to hive off the...
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US visa revamp: Mid-sized IT firms like Zensar, Infotech, Geometric may be...
TweetUnlike outsourcing powerhouses such as Tata Consultancy Services, Infosys or Wipro, mid-sized information technology companies will be spared the worst effects of the planned overhaul of America’s...
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Infosys touts resort-like campus to attract talent
TweetInfosys is the global face of India’s successful outsourcing industry, which accommodates the millions of workers that maintain the IT systems of the world’s biggest companies. Every six months,...
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Coaliton may embrace IT outsourcing: report
TweetTech industry leaders are expecting a Coalition government to embrace IT outsourcing like never before in a bid to reduce operating costs. According to The Australian Financial Review, the...
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Steeper proposed visa fees could cost employers $232 million
TweetNew work-permit fees proposed in the Senate’s immigration bill mean companies such as Accenture, Infosys and Tata Consultancy Services that depend on employees from overseas would foot the bill...
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Infy has shifted from outsourcing to outcome-sourcing model: Chandrashekar Kakal
TweetChandrashekar Kakal, senior vice-president and global head of Infosys Business IT Services, tells Beryl Menezes how the winds of strategic change are transforming the organisation and the nature...
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