In October, a whistleblower mailed the Infosys board with a slew of charges against salil Parekh & Nilanjan Roy.
Under CEO Salil Parekh, Infosys has cut its margin target to be able to invest in growth.
Lakshmanan will lead FSS’ technology infrastructure design and build, technology services, and Enterprise Risk Management of the company’s tech services globally.
Patel will be responsible for all strategic and operational matters related to IBM's sales, marketing services and delivery operations in the region, including in Bangladesh, Nepal and Sri Lanka. Patel was previously IBM's global general manager for insurance and was based in the US city of Boston.
India’s big tech players now have products that offer unique solutions involving high-end software and robotics.
Cognizant's decision to move out of content moderation biz has created space for other companies.
Bermuda-headquartered Genpact told the US Securities and Exchange Commission on Thursday night that Bain Capital and its co-investors are selling 15.4 million shares.
The firm had planned to increase hiring in its sales vertical to build a 500-strong team that will target niche deals in digital services.
Slower global economic growth caused by the US-China trade war and a delayed Brexit have taken a toll on IT companies, as clients have cut or delayed spending. Earlier this month, DXC Technology, with about $20.75 billion in revenue, slashed its revenue target by $275 million to $19.5-$19.8 billion, as clients postponed signing new deals.
Companies, ranging from the technology units of retailers to car manufacturers and Indian IT firms, have been struggling to recruit talent with knowledge of new technologies that are disrupting businesses across the world.
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