Bengaluru : Macroeconomic uncertainty, inspired by US President Donald Trump to implement mutual tariffs, when the owners of three of India’s four biggest information technology (IT) services spoke about their full-year earnings in the last two weeks. Although US President Donald Trump has suspended all mutual tariffs for three months until India manages to secure … Read more
Zoho CEO Sridhar Weambu said that it is not a sudden optic in US President Donald Trump-Laga Tariff or Artificial Intelligence (AI), which is responsible for the “cyclical recession” of Indian IT service companies, but they have their own disabilities. It comes after Indian IT giants – InfosysThe Tata Consultancy Services and Wipro- reported disappointing … Read more
New Delhi, April 17 (PTI) India’s second largest IT company Infosys declined by 11.7 percent in consolidated net profit on Thursday. 7,033 crore for march quarters. It posted an advantage (responsible for the owners of the company) 7,969 crore in year-old period. The company has crossed its guidance for the entire financial year. Infosys had … Read more
Divine Advisory Service Pvt. Ltd. was founded in 2022 by Suprakash Mukhopadhyay, a close associate of Natarajan Chandrasekaran, secretary of Tata Sons group company and chairman Natarajan Chandrashekaran. In 2022, Tata Pension Management Limited listed Divyan as one of the 473 ‘Tata Group and Sponsors’ companies. Tata Pension Management is supported by Tata Asset Management … Read more
Two years after arresting a revenue decline, Cognizant Technology Solutions Corp. aims for revenue growth that would place it amongst the world’s top four IT services companies, including Accenture Plc, Tata Consultancy Services Ltd, Capgemini SE, and Infosys Ltd, by FY27. On Tuesday, as part of its annual investor meeting, Cognizant shared a four-point strategy … Read more
Indian IT firms in 2024 had secured one-fifth of the total H-1B visas issued by the United States, according to data published by the US Citizenship and Immigration Services (USCIS). I-T giants like Infosys, Tata Consultancy Services, HCL, Wipro, Tech Mahindra were among the top beneficiaries. Jeff Bezos’ Amazon remained the highest receiver of H-1B … Read more
The early alert, coming in the backdrop of disappointing quarterly earnings in the second quarter (December-February) of the world’s biggest information technology (IT) services company, signals possible tough times ahead for both global as well as the Indian IT industry. Accenture follows a September-August financial calendar. “In recent weeks, we are seeing an elevated level … Read more
Cognizant’s reply, made in a Dallas court filing on 7 February, comes a little more than a month after Infosys countersued Cognizant, stating its CEO Ravi Kumar S. had delayed the rollout of Infosys’s own healthcare software product while he was a president at Infosys and negotiating for a job with Cognizant. Infosys veteran Ravi … Read more
The Ministry of Labour and Employment has directed Karnataka’s state labour ministry to take “urgent necessary actions” to resolve the dispute over Infosys‘s recent termination of employees at its Mysuru campus, following complaints from an IT employees’ welfare association.“The Ministry of Labour and Employment, Government of India has directed the Karnataka state Labour Ministry to … Read more
Infosy has terminated approximately 400 trainees at its Mysore campus after they failed to clear mandatory internal assessments, leaving many stranded and emotional as they were asked to immediately vacate the premises.The mass termination, which took place on February 7, affected trainees who had waited two and a half years to join the company after … Read more
It’s been a whirlwind week in the tech world, marked by regulatory crackdowns, corporate rebrands, layoffs, and evolving workplace policies. SEBI hit stock market influencer Asmita Patel with a hefty Rs 50 crore fine, while Infosys made headlines for laying off campus recruits. Zomato unveiled plans to rename itself Eternal Ltd., signaling a major brand … Read more
2025-01-28 13:53:00 : According to reports on January 27, the Bangalore police have registered a case for Infosys co -founder Senapathy Gopalakrishnan, which is called Kris Gopalakrishnan and 17 other cases under the “Prevention of the SC/ST Riking Law”. Let’s see who is gopalakrishnan and what happened. What is the situation of Kris Gopalakrishnan? Bangalore’s … Read more