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Infosys guidance for FY21 estimates 0-2% revenue growth: Key takeaways
The company gave a revenue growth guidance in the 0-2 per cent range in constant currency terms for FY 21, while 0perating margin is seen in the 21-23 per cent range.
Infosys climbs 10% as SEC concludes whistleblower investigation
Investigation pertains to whistleblower complaints which concluded in January...
Salil Parekh on why he thinks this may be Infosys's best year
Parekh is the man who has steered the return of India’s second-largest IT co to...
Infosys audit panel gives clean chit to top leadership
SEC & Sebi probe still on, Nilekani hints at ‘whistleblower’ being an outsider; co raises FY20 guidance.
Infosys names Bharti Airtel's Nilanjan Roy as CFO
Infosys has appointed Nilanjan Roy from Bharti Airtel as its chief financial officer. The company said in a press release that its board of ...
Infosys appoints Bharti Airtel's Nilanjan Roy as CFO
Nilanjan Roy, who was the global chief financial officer with telecom company Bharti Airtel Ltd, will join the Bengaluru-headquartered Infosys on March 1, 2019.
Infosys chairman Nilekani says even ‘God’ could not change its numbers
Whistleblowers claim CEO Salil Parekh hid information from the auditors to boost margin.
Infosys may need some private time to fix itself
It’s a deja vu moment for co-founder and non-executive Chairman Nandan Nilekani.
Whistleblower complaints are investigated independently: Nandan Nilekani
One Board member received two anonymous complaints on September 30, 2019 titled “Disturbing unethical practices” & “Whistleblower Complaint". Nilekani said the the CEO Salil Parekh and CFO Nilanjan Roy have been recused from this matter.
Infosys Q1 takeaways: Higher guidance and more cash to shareholders
Infosys said it expects to return about 85% of the free cash flow over a five-year period.
Infosys to hire more freshers, targets $150 million in cost savings
Analysts said the cost optimisation plan was a routine move aimed at reducing wage costs by hiring more freshers. The company’s margins have dropped significantly under CEO Salil Parekh, as it boosted investments to drive growth. The company is, however, now looking at greater cost savings, since a major chunk of its investments has been completed.
Cost-wary tech majors ramp up onsite hiring
Onsite hiring model could give Indian IT companies a competitive edge while cutting subcontracting costs.
Airtel to sell 32% stake in Bharti Infratel to create war chest to take on Jio
Over the past 21-odd months, Airtel has been raising funds by progressively reducing its stake in its listed tower unit to cut debt and free up cash to gird up for competition with Jio in the fiercely competitive 4G turf.
More jobs for senior professionals in the new year: Survey
It is interesting to note that these senior professional have seen a consistent 10% rise in demand in the last three months (Nov’16-Jan’17).
Hiring activity up 10% in November in India: TimesJobs RecruiteX Survey
The report said demand for hospitality professionals reported a 13 per cent rise in November 2016. IT and telecom professionals posted a 5 per cent rise, accounting, finance, entertainment, media and journalism profiles also saw a 3 per cent rise in demand during the month.