It Major

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It Major - Total results - 11
Infosys whistleblower complaint: Aside from unethical practices, CEO Salil Parekh also alleged of regionalist, sexist slurs
Business

Infosys whistleblower complaint: Aside from unethical practices, CEO Salil Parekh also alleged of regionalist, sexist slurs

D Sundaram, Vice Chairman & Managing Director, TVS Capital Funds Ltd; and D N Prahlad, Founder and CEO of Surya Software Systems Private Limited, ar independent directors of Infosys

Infosys to probe whistleblower allegations 'to fullest extent', says chairman Nandan Nilekani; shares tank over 14%
Business

Infosys to probe whistleblower allegations 'to fullest extent', says chairman Nandan Nilekani; shares tank over 14%

Parekh and Roy have been accused of indulging in unethical practices, according to media reports, after the whistleblower's group, called Ethical Employees, reportedly sent a complaint to the US Securities and Exchange Commission and the Infosys board against him.

Infosys March quarter net profit jumps 10.5% to Rs 4,078 cr, revenue grows 19% to Rs 21,539 cr
Business

Infosys March quarter net profit jumps 10.5% to Rs 4,078 cr, revenue grows 19% to Rs 21,539 cr

In US dollars, Infosys saw its net profit growing 1.7 percent to $581 million in the March 2019 quarter from $571 million in the year-ago period, while revenues rose 9.1 percent to $3.06 billion from $2.8 billion a year ago.

Azim Premji Trust sells over 2.66 crore Wipro shares on BSE; stock plunges 4.58% on block deal
Business

Azim Premji Trust sells over 2.66 crore Wipro shares on BSE; stock plunges 4.58% on block deal

Azim Premji Trust, is part of the promoter group that held 3,36,19,97,805 shares amounting to 74.30 percent stake in the company as of the quarter ended 31 December, 2018.

Wipro Ventures invests in 18 early and mid-stage startups since inception in 2015
Business

Wipro Ventures invests in 18 early and mid-stage startups since inception in 2015

The $100 million Wipro Ventures is the strategic investment arm of Wipro

TCS' new campus Olympus Centre in Hiranandani Complex to house 30,000 employees
India

TCS' new campus Olympus Centre in Hiranandani Complex to house 30,000 employees

Olympus Centre of TCS is spread across 19 lakh square feet in Hiranandani Complex and is largest IT facility in country

Infosys to hire 10,000 Americans trained by Purdue University over next two years
News & Analysis

Infosys to hire 10,000 Americans trained by Purdue University over next two years

The partnership between Infosys and Purdue university also envisages learning opportunities via online courses.

Infosys to acquire digital studio Brilliant Basics to help drive digital transformation solutions
News & Analysis

Infosys to acquire digital studio Brilliant Basics to help drive digital transformation solutions

Global software major Infosys on Thursday said it would acquire the London-based digital studio Brilliant Basics for an unspecified amount.

Tech Mahindra sacking: Layoffs can be handled better; HR experts weigh in with ideas
Business

Tech Mahindra sacking: Layoffs can be handled better; HR experts weigh in with ideas

If freelance counsellors or psychiatrists were hired for a short period to break the news to the employees with politeness and empathy, it would make the severance a little less painful

Infosys accused of discrimination, sacked employee files lawsuit in US
Business

Infosys accused of discrimination, sacked employee files lawsuit in US

The law suit filed by Erin Green, before a US district Court in the Eastern District of Texas on 19 June, names two senior company officials, Head of Global Immigration Vasudeva Nayak and Executive Vice President and Global Head of Talent and Technology, Binod Hampapur, and makes serious charges against them.

Nitesh Banga appointed Global head of RCL and manufacturing of Infosys
News & Analysis

Nitesh Banga appointed Global head of RCL and manufacturing of Infosys

IT major Infosys on Friday appointed Karmesh Vaswani as the Global Head of Retail, CPG and Logistics (RCL) and Nitesh Banga as Global Head of Manufacturing.