TCS, for example, has already trained nearly half of its 4 lakh employees in agile delivery and is in the process of creating new workspaces for them.
Tata Consultancy Services reported nearly Rs 2,300 crore in revenue from the Tata group and its subsidiaries, a marginal drop from the previous year.
Ghoshal joined last month as managing partner-India and South Asia at the company. Ghoshal had helped build out the technology business at the two consulting firms. But he said there were differences in the models.
Gopinathan's compensation grew to Rs 12 crore in FY18, including Rs 1.02 crore in salary, Rs 60 lakhs in perquisites, Rs 10 crore in commission and Rs 86.8 lakhs in other allowances.
The so-called mutual release of claims, which was signed after the resignation of the three directors, was disclosed in the co's annual report released on Monday.
Sikka’s compensation included nearly Rs 3 crore of pay in lieu of notice and variable pay. It also includes Rs 6.78 crore on account of exercise of 70,772 restricted stock units during the year.
The French IT services company brought in former Infosys executive Ananth Chandramouli as head of its local business as part of its goal to grow the local market.
Trade financing and associated governance processes were at the heart of the $1.8-bn Nirav Modi-PNB scandal, in which fraudulent letters of undertaking were issued to facilitate international trade.
Tata Consultancy Services said it had grown its headcount in the US state of Arkansas by more than 200 employees, as part of its $2.5 billion deal with insurer Transamerica.
Ecommerce giant Amazon held warrants that it could vest for shares allowing it to take a large stake in StarTek after it provided $600 million in revenue or if there was a change in control at the BPO firm.
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