Page 44 - Infosys

As power shifts back to Bengaluru, Infy's hiring plans in US may take a hit

As the power shifts back to Bengaluru from Silicon Valley for Infosys, the company could face a setback in its ambitious plan to hire more than 10,000 people in the US, as Vishal Sikka's resignation dents its image as an employer of choice for local American engineers.It is compounded by analysts saying that Infosys may fail to meet its revenue forecast for the year ahead as the management turmoil would reflect on the company getting newer clients in areas such as digital and cloud, where employees need to collaborate with customers locally."Local hiring in the US is inevitable. It is not something Infosys is doing differently and all other IT firms are doing it. Sikka accelerated the process. But, the process may get delayed," Pareekh Jain, IT analyst, HfS Research India. "The projections were made based on future demand from the clients. And any turbulence there vand fall in demand may impact the timing."Since Sikka took over, Infosys has deliberately looked at increasing local ...

Board vs founder war: Is Infosys stock a good contrarian pick?

Infosys stock fell 9.6% last Friday after Vishal Sikka resigned as its CEO

Infosys loses Rs 34,000 crore in market-cap in two days

Infosys dipped 14% in past two trading sessions to Rs 874, its lowest level since August 8, 2014

Brokerages downgrade Infosys after Vishal Sikka's exit

Most have re-calibrated their earnings and profit growth forecasts for FY18 and FY19

Infosys tanks as Vishal Sikka quits as MD & CEO. Should you sell the stock?

The development sent the stock plummeting - down over 6% in intra-day deals on the BSE to Rs 955

Who will replace Vishal Sikka? Infosys now faces a recruitment headache

In an unusual move, the board accepted Sikka's resignation, but named him executive vice chairman

Narayana Murthy's shadow to loom large over search for new Infosys CEO

Infosys is yet to zero in on potential candidates

Way out for Infosys: Sebi or corporate affairs ministry should intervene

Things can't be allowed to remain the way they are

Murthy Vs Sikka: How corporates can avoid Infosys-like conflict

Lessons from Infosys turmoil

Did Murthy 'threaten' Infosys? Board tears into founder's claims

The Board said Murthy has repeatedly made "inappropriate" demands, which are inconsistent with his stated desire for stronger governance.

Infosys picks Purdue University to train 10,000 American employees

Of the total American employees the company planned to hire, 2000 will be based out of Indiana

Infosys' senior-level exits far lower than others: Vishal Sikka

In the last few months has seen a number of senior-level executives resigning

Infosys to buy customer experience studio Brilliant Basics

The acquisition is expected to close during the July- September 2018 quarter

Infosys can be 10 times large as it is today, says co-chairman Venkatesan

Firm to gain big via improvements on the execution front

Hiring locals, investing heavily in Europe: Infosys

However, the company is yet to see any impact of Brexit on tech spends

Strong execution, utilisation helps Infosys outshine TCS in Q1

Traction in new services a big trigger; gains on operational front depend on keeping costs control

Infosys Q1 profit up 1.4% to Rs 3,483 cr, co raises dollar revenue guidance

Infosys stock was up 1.81 per cent at Rs 994 at 09.20 hours on the Bombay Stock Exchange.

Infosys to hire 2,000 locals in North Carolina

Infosys is planning to hire first 500 people of these 2,000 by the end of two years

IT sector: Infosys to create 2,000 tech jobs in North Carolina by 2021

In May, Infosys had announced its commitment to hire 10,000 locals for its US operations

Infosys appoints TVS Capital's Sundaram as independent director

Sundaram is currently vice-chairman and managing director of TVS Capital Funds