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In hypercompetitive times when companies have to fight for every percentage point of margin, the days of senior leaders exiting to the happy strains of 'Fare thee well' are over
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The lawsuit brings to the fore a bitter rift between two IT majors, at a time when the industry is facing uncertainty wrought by an uncertain US economy and the impact of artificial intelligence.
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Sources say Cognizant’s Chennai headcount is in the 55,000-56,000 range. At the same time, Hyderabad has grown to over 57,000 employees and is growing at a faster clip.
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An Infosys veteran, Lobo is currently an HR consultant and strategic advisor at embattled edtech unicorn BYJU’s. He was Tech Mahindra CEO-designate Mohit Joshi's colleague at Infosys.
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However, the growth in its operating revenue was on a smaller base than Zerodha, which has also reported a net profit of close to Rs 2,100 crore for FY22.
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The roles of Ravi Kumar S, who exited the company in October last year, were primarily split between Sathish HC and Dinesh Rao
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The new CEO was appointed earlier than expected, suggesting that Cognizant doesn’t want to lose any more time making a turnaround,
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Under Kumar's leadership, Infosys unveiled Metaverse Foundry, where it developed over 100 use cases to help clients navigate this new and ground-breaking technology.
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From Meta, formerly Facebook, and Microsoft, to gaming giants, everyone wants a slice of the rapidly evolving and growing Metaverse. Infosys, which counts clients in industries such as retail, banking, and financial services, among others, sees opportunities to redefine the way people shop, work, transact and learn.
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The move comes at a time when companies around the world are putting a huge focus on the metaverse. From Meta, formerly Facebook, and Microsoft, to IT services providers, the companies are investing significantly in the space.
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India will meet Australia in the semi-final on February 2, having won an unprecedented seven out of nine U-19 World Cup quarter-finals.
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This will be almost a 3-4 fold increase from the customer base of over 2 million at the end of December 2020.
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Over the next two years, Infosys will train 1,000 designers across the globe, and has chosen to partner RISD to contribute to this goal
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The acquisition is expected to close during the July- September 2018 quarter, subject to customary closing conditions, Infosys said in a statement.
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The company expects healthy growth going ahead, according to Ravi Kumar, ED and CFO of Laurus Labs, adding that its total debt post the IPO will stand at Rs 750 crore
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Bajaj Auto has garnered about 50% of the total industry growth and expects about 3,30,000 units sale in the month of April, said S Ravikumar, President-Business Development, Bajaj Auto.
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Capital market watchdog Sebi has slapped a penalty of Rs 3 crore on four entities for fraudulent and unfair trade practices related to the initial public offering of RDB Rasayans Ltd.
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Srikantan Moorthy, Senior VP & Group Head-Human Resource says on the issue of attrition, while on the last twelve months, or LTM, basis the attrition numbers are higher, on an absolute basis the numbers have come down over the last three quarters.
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This week, in Matter of Business, the focus is on that most global of Indian industries, the USD 100 billion Information Technology business
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State-owned Bank of India (BoI) has received in-principal approval from its major stake holder - the government of India (GoI) to improve its capital base by Rs 1,000 crore in 2012-13. The mode of capital infusion would be through preferential allotment of shares, said a person in knowledge with the development.
