Tag: Infosys
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Infosys Co-Founder Kris Gopalakrishnan Among 18 Booked Under SC/ST Act Over Alleged Casteist Threats
Infosys co-founder Kris Gopalakrishnan, former Indian Institute of Science (IISc) Director Balaram, and sixteen others face criminal charges under the Protection of Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act. The Sadashiva Nagar police station submitted the case after receiving orders from the 71st City Civil and Sessions Court (CCH). Former IISc faculty member ... -
Infosys and its Rivals Adjourn the Salary Hike for the Fourth Time in FY25
The uncertainty in global demand, low discretionary spending, macroeconomic volatility are some of the major reasons for the IT service companies like Infosys to skip or postpone the salary hike for a fourth time in the fiscal year 2025. The Chief Financial Officer of Infosys had stated that in January certain increments will take place ... -
Infosys Invests in Space Tech and Boosts Logistics Partnership
Infosys is a major IT firm that’s expanding into space technology and building its delivery work. What’s happening? The company stated it would invest up to Rs 17 crore, that is USD 2 million, in Galaxy Space Solutions, a space tech-only startup. The funds are part of the special fund set up by Infosys to ... -
Infosys Announces 80% Bonus For Employees Based On Performances
Infosys has made news with its decision on bonuses for its employees. They have announced that they will be giving out a ‘variable payout’ for the July-September quarter. This means that the amount of bonus each employee gets will depend on how well they did their job in that time. It’s not a fixed amount ... -
How Did CEOs, Youth React To Infosys Founder’s 70-Hour Work Week?
Infosys founder Narayana Murthy has sparked a big discussion by saying that young people in India should work 70 hours a week. He thinks this is the way for India to be more productive and competitive in the world. He gave examples of Japan and Germany, where people worked long hours to rebuild their countries ... -
TCS, Infosys, Wipro And Capgemini Collaborates With Google Cloud
Capgemini has recently announced that it has extended its partnership with Google Cloud to build a ‘center of excellence’ (CoE) for generative AI. This move will expand the existing strategic data analytics and artificial intelligence (AI) suite of the IT services company. Capgemini’s CEO, Aiman Ezzat, has announced a new partnership aimed at enhancing their ... -
Why Are Infosys Shares Falling This Week? (3 Main Reasons)
One of the biggest Indian IT companies, Infosys shares are falling rapidly this week. Explore the reasons including the Q4 results & management changes. On Monday, Infosys Ltd. shares dropped more than 10 percent after the company reported disappointing fourth-quarter results, which had a ripple effect on other prominent IT stocks such as TCS. This ...