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5 mins read

IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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6 mins read

Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23

India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…

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3 mins read

It is attrition rates and not the wage hikes dampening Indian IT cos earnings

The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…

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1 min read

The attrition at Infosys is worse than that at Wipro, Salil Parekh has increased hiring plan by 10,000

Attrition is used to describe the rate at which employees are leaving the company. “We continue …

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1 min read

Infosys allots 2.23 lakh equity shares under 2015 Stock Incentive Compensation Plan

In a regulatory filing, Infosys said it "has allotted 2,23,297 equity shares under the 2015 Stock …

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3 mins read

States not choosing GST compensation options by October will have wait another two years

The sources said that such states will have to wait till June 2022 to get compensation dues, sub…

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2 mins read

Government allows 20 states to meet GST compensation shortfall through open market borrowing

Even with consensus eluding the GST Council meeting on Monday over adoption of borrowing option to …

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1 min read

Infosys gave over Rs 14 crore in compensation to 4 senior executives

The stock incentives shot up the total compensation of presidents Rajesh Murthy, Sandeep Dadlan…

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1 min read

Rajiv Bansal moves tribunal as Infosys is yet to pay him Rs 12 crore, part of controversial severance package

Apparently, Infosys founders questioned the severance package given out to Bansal and since the…

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4 mins read

India’s techies are leaving IT firms in hordes — Here’s why

While the demand for information technology (IT) services companies remains robust with the evolvin…

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1 min read

Indian IT giant Infosys faces a racial discrimination suit in the US as Black Lives Matter protests rise in the country

According to reports, Linguist, an African American national, said that Infosys discriminated ag…

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4 mins read

Murthy says 60%-70% compensation hike to COO grossly unfair to Infosys employees. Read his full letter here

This was put to vote and the postal ballot also asked shareholders to vote on the appointment of DN…

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1 min read

Infosys CEO Vishal Sikka rakes in $7.45 million in salary this year

Sikka's salary, which compared favorably against other top IT CEOs such as N Chandrasekaran of TCS …

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3 mins read

EXCLUSIVE: Infosys Group HR Head explains what he is looking for in campus hires this year

One of the biggest issues in Indian IT industry is that the starting salaries for engineers have no…

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3 mins read

Top stock movers — Future Retail, RIL, Infosys, Rane Brake Lining, Airtel, Vodafone-Idea, Wipro and more

Indian stock market indices Sensex and Nifty opened on a cautious note on Tuesday as market partici…

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2 mins read

After TCS, Infosys reportedly plans to double salaries for 'coding experts'

Freshers who are expert at coding have a lot to gain as the technology major Infosys looks to doubl…

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5 mins read

TCS, Infosys, Wipro and HCL Tech expected to announce more deals in the second quarter

Expectations from the India IT services sector are high in the upcoming earnings season. It is expe…

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1 min read

Infosys CFO MD Ranganath is relocating to US. This is his salary now

Infosys, in the filing, said, “The company has asked, for business reasons, MD Ranganath the CF…

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1 min read

Infosys admits of releasing 11,000 jobs due to automation

At the meeting, the talk of the compensation gap between the top management and employees was b…

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1 min read

Salaries of Infosys’ top executives take a hit. This is how much the COO will earn now

"The Board of Directors have approved the revised annual compensation of Pravin Rao...with effect f…