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2 mins read

Infosys reportedly plans to reduce the number of managers— the CEO and COO got over 25% salary raise in FY20

Infosys is undergoing a major structural rejig across the senior management — which accounts for ne…

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5 mins read

Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…

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1 min read

Infosys employees will get an average salary hike of 6 to 12% this year

Last year, the average wage hikes at Infosys were of about 6.5%, following a disappointing year for…

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6 mins read

VanGuard deal will be the highlight of Infosys' second-quarter earnings as investors look for a hike in guidance

Infosys' biggest deal to date, valued at more than a whopping $1.5 billion, with VanGuard will be t…

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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 founders Vs board: Here’s what CEO Vishal Sikka said in COO Pravin Rao's defence

Meanwhile, Infosys stated the stock given to Rao has a vesting period of four years. This means the…

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6 mins read

Record breaking quarter for Indian IT services is a given ⁠— all eyes are now on guidance

It turns out that the market expects the following three months, January to March 2021, to be as…

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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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2 mins read

Infosys is being 'stingy' with its salary hikes. Employees clearly unhappy about it!

For the 2014-15 financial year, Infosys employees on an average have been handed out hikes of aroun…

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1 min read

Wipro announces average salary hike of 7%

TCS announced average salary hike of about 8% for its employees in India, while India’s second larg…

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1 min read

Wipro’s Premji, Kurien Get Hefty Salary Hike

According to the former IT bellwether’s regulatory filling made on May 19 to the US Security and Ex…

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1 min read

Infosys pays Rs 6 lakh in compounding fees to settle ex-CFO severance payment row

Through the compounding process, it had sought to resolve the alleged offences. "The Regional Dire…

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1 min read

Appraisals of Infosys’ senior employees delayed by July; no layoffs on cards

"They have delayed the salary hike. They are also raising the cost of parking in the camp…

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1 min read

Infosys employees in stress: Promotions and Increments may take a hit

Sikka’s compensation hike that rose to$11 million a year from $7.08 million has made the CEO compen…

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6 mins read

Aon Hewitt Report: Here's how Indian companies across sectors are looking at salary increases for their employees in 2016

India is entering the era of the ‘New Normal’ in salary increases, as per the 20th editi…

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3 mins read

Setback for TCS, Infosys, Wipro, other IT companies? Donald Trump Govt introduces H-1B Bill

Following the tabling of the bill in America, IT stocks plunged. The High-Skilled Integrity and Fai…

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1 min read

Indian IT sector should not take Donald Trump, Brexit lightly, says Vishal Sikka

"The statements they have made are obviously very serious about the nature of our business,” Sikka …

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1 min read

Indian IT sector can weather any Donald Trump challenges, says Infosys’ Narayana Murthy

"I have tremendous confidence in the smartness of Indian talent in finding high quality solutions t…

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1 min read

For TCS, Infosys and Wipro, sending employees to the UK will be a costly affair!

The UK is considering increasing minimum salary of IT employees entering the country, a move that i…

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1 min read

Top IT companies won’t offer any salary hikes to fresh engineering graduates this year

As if finding a job in India's $160-billion IT industry wasn’t hard enough, fresh engineering gradu…