Another cause for concern at Infosys is the fact that its pipeline over the last year has seen a greater proportion of renewal deals.
The Trust is also working with MIT and the TISS to create a Connected Learning Initiative. “The platform will have content to create a more interactive learning experience.
Premji said there is no truth to these unsubstantiated rumours. The stake sale report is baseless and malicious, Premji added.
Ramaswamy said the company was already in talks with publishers and professors from the Indian Institutes of Technologies to place content for online courses.
F7 Labs, Flipkart's US-based research arm, is developing products to help the Indian ecommerce giant improve business processes and customer interactions.
Indiana is offering Infosys one of the largest incentive packages it has ever handed out, more than covering the company’s cost of setting up its centre.
Bansal, who quit Infosys in October 2015, was awarded more than Rs 17cr in severance, which was characterised as outsize by some of the co’s founders.
The increase, over the compensation in fiscal 2016, was mainly in the form of performance-based stock incentives that will vest over four years.
Cognizant said it would grow its operations in Brazil by recruiting experienced professionals as well as students from local universities and technical schools.
The zero-distance programme was one of CEO Vishal Sikka’s first major implementations at the company. It asks employees to create innovative solutions in each project.
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