Infosys

Indian IT sector set to have a washout FY2024, investors to focus on 2025, says JP Morgan

Analysts at JP Morgan believe that the Indian IT sector is set to have an abysmal FY2024, but there are chances things start going up after that. That is why, investors want to focus on their 2025 strategy

India’s AI Takes Off: Infosys bags a mega 5-yr deal worth $2bn for AI and automation services

Infosys, one of India's largest IT companies has bagged a major deal with one of its existing clients to provide AI and automation services over the next 5 years, using Topaz, an indigenously developed AI model. The total spend on the project will be about $2 billion

'Grateful...': Infosys co-founder Nandan Nilekani donates Rs 315 crore to alma mater IIT Bombay

Nilekani had earlier made grants of Rs 85 crore to IIT Bombay and the recent donation takes his total contribution Rs 400 crore

End of Work from Home? Are TCS employees being forced to come to office?

TCS has begun delivering notes to staff members who don't put in at least 12 days of in-office work each month. The IT company reportedly threatened employees with disciplinary action if they failed to abide by its new policy. The firm is just one of the many that has put an end to work from home

British PM Rishi Sunak’s wife earned Rs 68 crore in dividends from Infosys

Sunak is a British national, while his wife Akshata is an Indian citizen. Her non-domiciled status, which allows her to earn money abroad without paying taxes in Britain for a period of up to 15 years, has been a divisive issue in the UK

TCS announces massive salary hike after increasing 8% net profit in previous quarter, details here

TCS’ average attrition rate is currently 19.7 percent, down from 21.5 percent recorded in the previous year. TCS recruited 20,000 new employees in the July-September quarter

Next Infosys chairman to be 'non-founder': Nandan Nilekani

Nandan Nilekani did not reveal any timeline for the transition process. He also clarified that he had not yet found a suitable successor

Akshata Murty: The Indian First Lady who loves the United Kingdom too

The 42-year-old fashion designer and venture capitalist as Director of Catamaran Ventures UK met Sunak, also 42, when the duo was studying at Stanford University in the US

Richie Rich Sunak: Britain's prime minister's mega-wealthy wife and in-laws

Rishi Sunak’s wife Akshata Murty’s stake in Infosys is worth around $700 million, making her reportedly richer than the late Queen Elizabeth II. In August, reports said that they were spending £400,000 on a swimming pool at their country pad

Infosys confirms 10-13% increase in employees’ salary; details here

The increments will be based on an employee’s grade, with senior management getting lower income hikes because their salaries are higher