Page 23 - Infosys
Suspension of H-1B visa, queries on WFH dominate Infosys' virtual AGM
The 39th AGM, which was held virtually for the first time, was attended by 1,771 shareholders through video conferencing
 "Suspension of H-1B visa, queries on WFH dominate Infosys' virtual AGM")
Infosys AGM: Nikelani allays fears, says firm well-positioned amid Covid-19
He said the Board of Directors has recommended a final dividend of Rs 9.5 per share for fiscal 2020 while the overall revenue grew 9.8 per cent in constant currency terms
 "Infosys AGM: Nikelani allays fears, says firm well-positioned amid Covid-19")
How ex-Infosys CEO Shibulal is empowering school education through tech
ShikshaLokam, a technology platform founded by S D Shibulal, is bringing in qualitative changes in the education sector
 "How ex-Infosys CEO Shibulal is empowering school education through tech")
BS READS: What Rs 50,000-crore MSME Fund can learn from its start-up sister
The Rs 50,000-crore MSME fund of funds has an uphill task ahead, but there's plenty it can learn from problems with the Rs 10,000 crore start-up fund of funds launched five years ago
 "BS READS: What Rs 50,000-crore MSME Fund can learn from its start-up sister")
Trump's temporary ban on immigration visas leaves tech industry miffed
The US press reported that the Trump administration is also weighing several additional changes to legal immigration via regulation
 "Trump's temporary ban on immigration visas leaves tech industry miffed")
The new office: How workplaces are undergoing dramatic transformations
The idea of working from home, once derided in India owing to the widely held belief that one "worked" only if one went to an "office", is now no longer an incentive but a necessity.
 "The new office: How workplaces are undergoing dramatic transformations")
Galwan Valley clash: Indian IT services companies in wait-and-watch mode
Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, including locals as well as expatriates.
 "Galwan Valley clash: Indian IT services companies in wait-and-watch mode")
Infosys expects 35% of staff to work from home amid Covid-19 crisis
More than 90 per cent of staffers of most IT services firms are working from home. The companies are in no hurry to bring them back despite the relaxation in lockdown.
 "Infosys expects 35% of staff to work from home amid Covid-19 crisis")
Covid-19 crisis: $30-billion deal renewal headache for IT companies
Outsourcing deals are either going to be renewed at a lower price or they will be delayed, say experts.
 "Covid-19 crisis: $30-billion deal renewal headache for IT companies")
Indian IT firms strengthen Cloud practice as digital adoption picks up
Companies are tying up with Cloud platform firms, ramping up internal team of specialists
 "Indian IT firms strengthen Cloud practice as digital adoption picks up")
Despite Covid-19 induced slowdown, Infosys to do campus hirings this fiscal
The IT firm will soon initiate discussions with colleges to start the process from September
 "Despite Covid-19 induced slowdown, Infosys to do campus hirings this fiscal")
Nifty view & stock calls by Anand Rathi: Buy Infosys, ICICI Prudential Life
The stock of Infosys is making a higher top and higher bottom pattern on the daily chart and reclaimed its long term moving average of 200-DMA which is placed at 708 levels
 "Nifty view & stock calls by Anand Rathi: Buy Infosys, ICICI Prudential Life")
Bench staff at IT firms rising as Covid-19 causes project delays
In the past three months, there has been at least one percentage increase in staffers on the bench
 "Bench staff at IT firms rising as Covid-19 causes project delays")
IT stocks: Investors should wait till clarity on growth, margin emerges
Fewer deals wins, delay in ramping up of existing deals and likely price cuts are key worries expected on the back of subdued demand, thanks to the disruption in the global economy
 "IT stocks: Investors should wait till clarity on growth, margin emerges")
Infosys CEO Salil Parekh draws Rs 34.27 cr pay package in FY20: Report
Infosys chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services, the report said
 "Infosys CEO Salil Parekh draws Rs 34.27 cr pay package in FY20: Report")
Wipro's outgoing CEO Abidali Neemuchwala sees 12% rise in pay package
In comparison, Infosys' CEO Salil Parekh drew a pay package of $6.15 million (around Rs 40 crore) in the last financial year, a rise of 27 per cent over the previous fiscal.
 "Wipro's outgoing CEO Abidali Neemuchwala sees 12% rise in pay package")
Growth, margin uncertainty likely to impair recovery in IT stocks
Scaling up of new deals and lowering costs are imperative for the up to 33 per cent gains in share prices to sustain
 "Growth, margin uncertainty likely to impair recovery in IT stocks")
Infosys among UK firms accessing Rishi Sunak's Covid-19 job saving scheme
Under the provisions, the government covers 80 per cent of salaries of furloughed staff, up to the value of GBP 2,500 a month, in order to prevent companies having to resort to redundancies
 "Infosys among UK firms accessing Rishi Sunak's Covid-19 job saving scheme")
After Infosys, now Wipro hires a Capgemini top executive as CEO & MD
Appoints French IT services firm's COO Thierry Delaporte for its top post
 "After Infosys, now Wipro hires a Capgemini top executive as CEO & MD")
At home in a coronavirus world: IT companies manage change and disruption
India's biggest IT firms moved swiftly when a lockdown became imminent in March. How prepared are they to deal with the challenge of clients reducing spending on technology or asking for discounts?
