A bunch from the workforce in Chennai is preparing for conciliation proceedings with the state labour department in what they claim is a fight against retrenchment.
The company said expects to end 2017 with revenue of between $14.56 billion and $14.84 billion.
Indian IT companies have said they will boost their headcount in the US as they grapple with the possibility of the new and increasingly restrictive changes to the H-1B visa program.
Wipros rearticulated values connect and resonate deeply with the new, vibrant, brand identity,” Azim Premji, chairman of Wipro, said in a statement.
The fact that CEOs are also feeling the pain is a rare bright spark for Indian IT employees, who are facing low-to-mid single digit wage hikes.
"We are looking at more acquisitions that help us with capabilities, in automation, we have a very good platform, so we don't see a need for an acquisition" he said.
The company, which can offer public, private and hybrid cloud services, has also appointed Vikas Arora, former general manager of Dell EMC Asia Pacific and Japan, to head its cloud business in March.
When Bansal left, Infy had agreed to pay him Rs 17.38 cr as severance, about two years of pay. But it paid out only about Rs 5 cr before suspending the payments.
New venture to improve sales enablement and understand startups.
Going gets tough for Infosys as it battles serious challenges ranging from founders’quibbles to visa curbs and automation.
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