Infosys

Infosys trainee termination issue: Laid-off employees petition Prime Minister’s Office to intervene – The Times of India

David Bale2 months ago06 mins

NR Narayana Murthy-founded Infosys had on February 7 dismissed approximately 700 trainees. Infosys employees termination issue: The PMO (Prime Minister’s Office) has received more than a hundred grievances from dismissed Infosys staff seeking job restoration and prevention of similar unjust terminations in future.The central labour ministry has issued a follow-up notice to Karnataka’s labour commissioner…

Mcap of eight of top-10 valued firms tumbles Rs 2 lakh cr; Reliance biggest laggard

David Bale2 months ago03 mins

The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a…

Mcap of 6 of 10 most valued firms erodes by Rs 1.71 lakh crore; Infosys, TCS major laggards – The Times of India

David Bale3 months ago03 mins

NEW DELHI: The combined market valuation of six of the top 10 valued domestic firms eroded by Rs 1.71 lakh crore last week, with IT majors Infosys and Tata Consultancy Services taking the biggest hit. Last week, the BSE benchmark lost 759.58 points or 0.98 per cent, and the Nifty declined by 228.3 points or…

How Infosys CEO Reacted To “Stagnant Salaries, Toxic Clients” Allegations

David Bale3 months ago04 mins

Infosys CEO Salil Parekh addressed concerns about the company’s work environment and employee compensation during the Q3 FY25 earnings call on January 16, 2025. Mr Parekh’s reaction came after a former Pune-based Infosys employee, Bhupendra Vishwakarma, said he left the company despite being the sole breadwinner for his family. In his LinkedIn post, Mr Vishwakarma…

Sustained deal momentum, discretionary pick up hint at a better FY26 for Infosys

David Bale3 months ago06 mins

Infosys delivered better than expected revenue and net profit growth for the December 2024 quarter while meeting the margin expansion anticipated by analysts on average. The company’s upward revision in the FY25 revenue guidance was also higher than expected owing to a faster recovery in discretionary spends across banking, financial services and insurance (BFSI), and…