The investors in this round include Rahul Gupta, CEO of Right Global Infosolutions and former president at private equity firm Sonoma Management Partners, Sandeep Shroff, CEO of Silicon Valley-based MyStartUpCFO.com and former head of investor relations at Infosys, and P V Sahad, founder and former CEO of The VCCircle Network, a company statement said.
However, it will be a long-drawn battle as global players like IBM and Accenture, which had invested very early in digital capabilities, command a lion's share of the market, according to Head Hunters India Founder and MD Kris Lakshmikanth.
Infosys had announced that it could hand out pink slips to hundreds of mid and senior-level employees as it carries out bi-annual performance review amid a challenging business environment.
Rajat Bose of rajatkbose.com suggests buying Asian Paints, Motherson Sumi, Capital First and L&T Finance Holdings.
Stocks in news | ITC | Sun Pharma | Britannia | Cipla | NMDC | Fortis Healthcare | Renaissance Jewellery | Lypsa Gems | ITI | Max Ventures | VA Tech Wabag | Tata Power | Infosys | NALCO | Dr Reddys Laboratories and UPL are stocks, which are in news today.
Ashwani Gujral of ashwanigujral.com suggests buying Sundram Fasteners, Yes Bank and NBCC.
Infosys is the largest employer of workers under the U.S. H1-B visa program for skilled workers, which has been under fire as the Trump Administration moves to tighten a range of immigration laws. Many large companies hire so-called outsourcing firms such as Infosys to manage their computer operations.
Infosys chief executive Vishal Sikka's high salary, which had prompted the founder members to voice concerns, has dropped over 67 per cent in 2016-17 on lower bonus payout.
The company is proposing an offer for buyback of equity shares for cash at a price of Rs 1,000 per equity shares on a proportionate basis through tender offer process, HCL Technologies said in a regulatory filing.
Presidents Rajesh Murthy, Sandeep Dadlani and Mohit Joshi, and deputy chief operating officer Ravi Kumar S each received more than Rs 14 crore in 2016-17, according to a report in The Economic Times.
Satish Gupta of astrostocktips is of the view that technology stocks like Infosys, TCS, Tech Mahindra, HCL Tech and Wipro will get astrological support.
The company is backed by Narayan Murthy's Catamaran Ventures, Venk Krishnan and Subba Rao of NuVentures, Kris Gopalakrishnan, co-founder of Infosys, Hemendra Kothari of DSP Blackrock, Atul Nishar – founder & Chairman of Hexaware Technologies, Rajeev Gupta, veteran investment banker and founder of Arpwood Capital, Accel and SAIF Partners.
In a letter to shareholders, Sikka said the company will leverage its full potential to shape employment opportunities at a time of global anxiety for jobs.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell NMDC and Equitas Holdings and buy Infosys.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350-9312 and resistance at 9500 while Bank Nifty has support at 22450-22400 and resistance at 22800.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350 and resistance at 9500 while Bank Nifty has support at 22400 and resistance at 22800.
Dharmesh Kant of Motilal Oswal Securities suggests buying Infosys.
Technology stocks like Wipro, Hexaware Technologies, Infosys, TCS, Tech Mahindra and HCL Tech will get astrological support, says Satish Gupta of astrostocktips.
At a time when software companies are cutting jobs, India’s second largest software company Infosys will maintain its annual campus hiring at 20,000, as it does every year.
While there is panic over job losses in the industry, the government and IT governing body Nasscom say that the current year is no different than any other.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Havells India, Infosys and M&M Financial while one can avoid JK Tyre.
Holcomb, who succeeded Vice President Mike Pence as Indiana governor, said he wanted to travel to India soon after his inauguration early this year but pressing engagements and now the summer prevented him from doing so.
Dr Reddy's Laboratories | Infosys | Premier Explosives | Brigade Enterprises | Tata Motors | Colgate | JK Tyre | Bata India | Sutlej Textiles | Skipper and Indo Count Industries are stocks, which are in news today.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on.
Indian outsourcers have a few more years before they suffer a significant decline. They certainly won’t see the growth and billion-dollar deals that have brought them this far, feels the author.