Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
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A huge rise in automation, against a backdrop of an outdated education system, have left the young generation fearing for their jobs in the coming future. A survey shows that 80% of the workforce feel the dire need of upgraded skills and know-how, at par with the rapid technological changes.
Indian outsourcing major Infosys Ltd's back-office services unit was overcharging Apple Inc, leading to the exit of top executives, two senior Infosys people said on Thursday.
Infosys Ltd said it plans to hire over 2,100 people in the United States as the company works toward scaling up its global presence and boost key work areas like client relationship management and consulting.
Venture capital group Nexus Venture Partners will pour INR30 crore into Pune, India-based cybersecurity company Uniken to fund its expansion into Israel and the US.
Srinath Batni, a member of the Board of Directors of India-based IT services provider Infosys, sold 20,000 company shares for INR7.46 crore at the Bombay Stock Exchange (BSE).
A report from The Economic Times said mid-sized technology companies in India are hiring experienced executives from larger peers to gain management expertise and skills.
Despite being next in line as chief executive of Infosys Ltd, Ashok Vemuri resigned from the company's board.
Infosys Vice President and Financial Services Head for the Americas Sudhir Chaturvedi announced resignation following a previous exit of the company's head of global sales, Basab Pradhan.
Rohan Murthy, son of NR Narayana Murthy, was appointed vice president of Infosys, said people who have direct knowledge regarding the development in the company.
Infosys, the largest software services exporter in India appointed three new members on its executive council.
Indian IT services provider Wipro predicts profit increase for the next quarter.
Infosys planned to make acquisitions in Europe.
Infosys Q1 results were as expected and stocks rose by around 15%.
Infosys, India's second biggest software exporter is said to be globally hunting for a new CEO that is a non-founder of the company.
