| Infosys Technologies Limited Related news |
Infosys CEO Salil Parekh’s contract leaves no room for Vishal Sikka-type spat
Posted on 27th March 2018 |
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Bengaluru: Infosys Ltd, under chairman Nandan Nilekani, appears to have drawn lessons from the ugly public spat with its first non-founder chief executive to draw a contract with current CEO Salil Parekh that leaves little scope for potential disagreements or legal trouble. This development underlines the new board’s decision to keep at bay all potential conflicting issues raised in the past, including a few tetchy issues in former CEO Vishal Sikka’s employment contract . |
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Infosys invests $1.5 million in US Waterline
Posted on 23rd March 2018 |
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India’s second-largest IT services company Infosys on Thursday said it has made a follow-on investment of $1.5 million in Waterline Data Science. The company will make the investment through its corporate venture fund — Infosys Innovation Fund. The Fund, with a corporate fund of $500 million, was set up in 2015 during former CEO Vishal Sikka’s initiative to invest in technology companies. |
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Infosys opens 4th US tech centre in Connecticut
Posted on 16th March 2018 |
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BENGALURU: Infosys will open its fourth tech and innovation hub in Hartford, Connecticut, and hire 1,000 American workers by 2022. It inaugurated its first tech hub in Indianapolis, Indiana, followed by Raleigh in North Carolina and a design and innovation hub in Providence in Rhode Island. The Connecticut hub will have a special focus on insurance, healthcare and manufacturing. It will bring Infosys closer to its Connecticut clients and serve as the global hub to further strengthen its insurtech and health tech efforts. |
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Good news for Americans! Infosys to open tech hub in US, hire 1000 workers by 2022
Posted on 15th March 2018 |
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Global software major Infosys on Thursday said it will soon open a technology and innovation hub in the US state of Connecticut and hire about 1,000 American workers by 2022. “We will open our next technology and innovation hub at Harford in Connecticut and hire 1,000 American workers in the state by 2022,” said the IT major in a statement here. |
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Infosys abandons annual strategy session STRAP
Posted on 14th March 2018 |
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BENGALURU: Infosys will not be holding its annual strategy brainstorming session Strap (strategy, action and planning) this year. Instead, new CEO Salil Parekh has chosen to make it an ongoing exercise with a smaller group of internal leaders. Strap was attended by about 200 senior leaders in Infosys’ sprawling Mysuru campus last year. In the years before, even larger numbers would be part of it. |
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Infosys to delist shares from Paris, London Euronext
Posted on 13th March 2018 |
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Infosys will delist its American Depository Shares (ADS) from the Euronext Paris and Euronext London exchanges primarily due to lower trading volume, even as the company’s shares will continue to trade on the New York Stock Exchange (NYSE). In a notice to the exchanges, Infosys stated, “The primary reason for seeking the proposed delisting is the low average daily trading volume of Infosys ADS on these exchanges, which is not commensurate with the related administrative requirements.” |
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Infosys report says deep tech demand rising
Posted on 6th March 2018 |
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BENGALURU: IT customers globally are looking for a broader range of digital technologies and budgets are less of a constraint for sectors like manufacturing, a report by Infosys said. Banking, the IT sector’s largest customer, is still focused on investing in known priorities such as customer experience and preventing fraud rather than in emerging technologies that could have the most impact over the next three years. |
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Infosys shareholders approve appointment of Salil Parekh as CEO, MD
Posted on 23rd February 2018 |
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Infosys shareholders have approved the appointment of Salil S Parekh as chief executive officer and managing director of the company, the company has said in a regulatory filing. As per results of postal ballot and e-voting filed by the IT major, 97.96 per cent shareholders through the physical ballot and electronic mode voted in favour of the appointment of Parekh on February 20, 2018. |
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Infosys, TCS join global tech-reskilling drive for 1 million workers
Posted on 25th January 2018 |
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Indian information technology giants TCS and Infosys have joined a global drive for tech reskilling of one million workers in the first such IT industry initiative. The exercise, whose founding partners also include Accenture, CA Technologies, Cisco, Cognizant, Hewlett Packard Enterprise (HPE), Pegasystems, PwC, Salesforce, and SAP, aims to bring competitive training content on one platform to serve the greater good. The initiative will be targeting one million people for training and resource opportunities on the World Economic Forum (WEF) SkillSET portal by January 2021. |
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Infosys,TCS join global tech-reskilling drive for 1 mn workers
Posted on 24th January 2018 |
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DAVOS: Indian IT giants TCSBSE 2.83 % and InfosysBSE 2.33 % have joined a global drive for tech reskilling of one million workers in the first ever such IT industry initiative. The initiative, whose founding partners also include Accenture, CA Technologies, Cisco, Cognizant, Hewlett Packard Enterprise (HPE), Pegasystems, PwC, Salesforce and SAP, aims to bring competitive training content together on one platform to serve the greater good. |
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