Trump recently signed an executive order for tightening H-1B visa rules
Trump has accused Indian software firms of displacing US workers' jobs
Company to set up four technology & innovation hubs across North America
The move marks a huge increase in U.S. hiring by Infosys.
The comapny will open four new Technology and Innovation Hubs across US
Infosys relies heavily on the H1-B visa which Trump has ordered federal agencies to review
Infosys said revenues from its new software and software-related services grew 42%
Infosys Nia, tackles business problems such as forecasting revenues
IT major Infosystoday announced that it was strengthening its engineering footprint in Eastern Europe by opening its first office and delivery center (DC) in Croatia. In line with the company's strategy to establish global competency centers, offering the best talent in the market and making it available to customers globally, this DC also marks our expansion into Eastern Europe's established heavy engineering sector, Infosys said in a release here. The new facility will meet near-shoring requirements, support engineering clients worldwide, as well as offer R&D services, it said. The facility in Karlovac, Croatia is the latest location across 16 regions in Europe which Infosys has opened as part of its ongoing commitment to client servicing and local job creation. "The focus will be on consolidating consulting, IT and engineering skills in the areas of power generation, design and development of large gas and steam turbines, digital solutions for service and maintenance, and ..
India's second largest software services firm Infosys today said it has set up its first office and delivery centre in Karlovac, Croatia. The new centre will strengthen Infosys' engineering footprint in Eastern Europe. It will meet near-shoring requirements, support engineering clients worldwide, as well as offer R&D services. "As part of our strategy to increase geo capabilities, the Karlovac delivery centre will deliver value to our global clients, specifically in the Nordics," Infosys President and Deputy COO Ravi Kumar S said in a statement. The statement did not divulge details on the investment made or number of jobs that will be created. He added that the focus will be on consolidating consulting, IT and engineering skills in the areas of power generation, design and development of large gas and steam turbines among others. The Karlovac facility in Croatia is the latest location across 16 regions in Europe. * * * * * * JM Financial AM approves share ...
A news channel says it can have up to 15 members on its board after recently amending its AoA
Former finance head Bansal, who left Infosys in 2015, has gone for arbitration over severance pay
Infosys needs to address some important questions quickly
Also looks at setting up development and training centres in the US to tide over visa-related issues
Infosys had elevated its Independent Director Ravi Venkatesan as co-Chairman
For now, AI is eating jobs but it will create opportunities for jobs in future, says Vishal Sikka
Infosys is now fighting the wrong battle, says IiAS
Infosys has not only ended FY17 on a disappointing note with lower-than-expected March quarter performance albeit marginally, but has also started FY18 on a weaker wicket. For one, volume growth of 7.74 per cent for March quarter is almost back to levels of 7.23 per cent seen in September 2014 quarter, when Vishal Sikka was bought in as MD and CEO to prop up the company's fortunes.Secondly, Infosys has given an operating profit margin guidance of 23-25 per cent for FY18 as compared to 24-25 per cent in FY17 (actual FY17 at 24.7 per cent), leading analysts to downgrade their earnings estimate. The early ones show that brokerages have cut net profit estimates for Infosys by 3-6 per cent. An analyst at a domestic brokerage says that the muted revenue growth guidance in constant currency terms at 6.5-8.5 per cent for FY18 was only a slight variation with consensus estimates of 7-9 per cent, but the lower margin guidance has upset the Street. The Infosys stock was the biggest loser in the .
Ravi Venkatesan is co-chairman at Infosys
Shares of Infosys have come off nearly 30% from their 52-week high of Rs 1,278 touched in June 2016