Page 11 - Infosys

The Infosys saga: A leadership factory or a company facing crisis

The company has seen nine senior level exits in 2023 alone

Infosys appoints Jayesh Sanghrajka as CFO as Nilanjan Roy resigns

Sanghrajka comes with over 25 years of work experience and is a chartered accountant by qualification

Stocks to Watch: Sun Pharma, Infosys, Dixon, DLF, Mankind Pharma, SpiceJet

Stocks to watch on December 12, 2023: Sun Pharma has increased its offer price for acquiring remaining shares of Taro Pharma to $43 per share in cash, compared to $38 before

Responsible by design cornerstone of AI-first strategy: Balakrishna D R

'To ensure a fair, transparent, and safe AI system, Infosys has built technical and regulatory guardrails. 'Responsible by design' is one of the cornerstones of our AI-first approach'

Digital public infrastructure fuelling innovation, says Nandan Nilekani

Back in 2009, Nilekani and his team played a key role in building digital identity (Aadhaar) which could be verified anywhere online

Most infra projects already sweat human capital in multiple shifts

Industry executives note most infra projects already work more than single shift, and factors such as city limits, local conditions are deciding factors

After Murthy's comment, govt says no proposal to have 70-hour work week

Infosys founder had said young people should work more for India's progress

IT major Infosys inks pact with Shell for sustainable data centres

IT major Infosys on Thursday said it has partnered with energy company Shell to accelerate the adoption of immersion cooling services for data centres. Infosys and Shell will bring together their capabilities in digital and energy, respectively, along with an ecosystem of partners to create an integrated offering for green data centres, the IT firm said in a statement. "In our joint efforts with Shell, we aim to create a more sustainable future. This collaboration will leverage AI-based digital solutions that will create environmentally responsible data centres that can manage high computing loads with optimised hardware. "It is also critical that future digital and physical solutions are created with a view to make AI more sustainable and scalable," Infosys EVP & Global Head - Sustainability, Services, Utilities, Resources and Energy Ashiss Kumar Dash said. Infosys claims to have turned carbon-neutral in 2020, 30 years ahead of the timeline set by the Paris Agreement.

IT hiring slowdown to continue for 2-3 quarters, global slowdown to blame

Sekhar Garisa, CEO of foundit, said that companies do not need as many designers and content writers as before since technology can help make some of these jobs more efficient

Indian IT industry to be worth $350 bn by 2030: Kris Gopalakrishnan

'High-growth industry' will continue performance despite global slowdown, says co-founder of Infosys

Capitalism based on free market only solution to alleviate poverty: Murthy

Murthy said that over the years, he has transformed from a 'confused leftist' to a 'determined compassionate capitalist'

Sensex ends flat amid lacklustre trade; Hero Moto zooms 5%, Cipla tanks 8%

Closing Bell on November 23, 2023: In the broader market shares of realty, sugar and textile companies logged strong gains. SmallCaps too outperformed on Thursday.

SBI, Infosys, Axis Bank, ONGC most sold large-cap stocks by MFs in Oct

Kotak Mahindra Bank, ICICI Bank, Reliance Industries, Tech Mahindra and NTPC were the most bought large-cap stocks in October.

Is Narayana Murthy right?

The founder of Infosys' comment about working 70-hour weeks says productivity should be at the heart of a national debate

Infosys inks partnership with TK Elevator to help build AI-first strategy

As part of the engagement, Infosys said it will "consolidate, harmonise, and modernise TK Elevator's digital landscape"

The future is flexible: IT companies juggle in-person with remote work

Some IT employees Business Standard spoke with said that their companies are offering them certain perks to work in a hybrid environment

M-cap of 7 of top 10 firms swells Rs 1.50 trn; TCS, Infosys biggest gainers

The combined market valuation of seven of the top 10 valued firms climbed Rs 1,50,679.28 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers, amid an overall optimistic trend in equities. Last week, the BSE benchmark jumped 890.05 points or 1.37 per cent. Reliance Industries, TCS, HDFC Bank, Infosys, Hindustan Unilever, ITC and Bharti Airtel were the gainers while ICICI Bank, State Bank of India and Bajaj Finance faced erosion from their market valuation. The valuation of TCS jumped Rs 62,148.99 crore to Rs 12,81,637.63 crore, emerging as the biggest gainer from the top 10 pack. The market capitalisation (mcap) of Infosys rallied Rs 28,616.98 crore to Rs 5,96,681.75 crore. The mcap of Reliance Industries climbed Rs 28,111.41 crore to Rs 15,93,893.03 crore and that of HDFC Bank surged Rs 11,136.61 crore to reach Rs 11,42,215.81 crore. The market valuation of Hindustan Unilever soared Rs 10,032.75 crore to Rs 5,94,317.36 crore

Amid muted earnings, Infosys to hand out 80% variable pay for Q2FY24

The IT sector has faced challenges as the Western markets have struggled with the possibility of a recession. Most clients for Indian IT companies are from the USA and Europe

Invest $1 bn a year for 2 decades to train teachers, says Narayana Murthy

India must aspire to move to stage four in every area that affects the lives of our poorest citizens in the remotest part of the country, says Murthy

Infosys Science Foundation names winners of Infosys Prize 2023: All details

The Infosys Prize focuses on the achievements of the recipients and awards them for their contributions to science and research impacting India