Vishal Sikka

Bill McDermott commits to SAP Community - it's a BFD. MSCNGA?

Last evening I saw a post by Bill McDermott, CEO SAP on the SAP Community and his commitment to getting it back to its former glory. This is a BFD …

CRM

Infosys net zooms 38.3% on tax benefit

Infosys’s net profit for the three months ended December 31 rose 38.3% to ₹5,129 crore year-on-year, on revenue of ₹17,794 crore, helped by a one-off …

Infosys

Infosys Profit Rises on Client Wins, One-Time Tax Benefit

Infosys Ltd. posted a 38 percent surge in third-quarter profit on a tax benefit and investments in digital technologies as its new chief executive …

Markets

​What the TCS and Nielsen $2.5 billion outsourcing deal means for Indian IT

Winning this mammoth deal while transitioning to a new CEO amidst a time of great industry tumult is a huge accomplishment for the Indian company.<p>A …

India

Infosys to release future roadmap in April, says Salil Parekh

Infosys’ new CEO Salil Parekh on Friday said he will lay out strategic priorities for the company by April, for which a review is under way.<p>In his …

Infosys posts better-than-expected third-quarter profit on tax deal

(Reuters) - India's second-biggest IT services exporter Infosys Ltd posted third-quarter profit well above estimates, helped by tax benefits from the firm's deal with the U.S. Internal Revenue Service (IRS).<p>The company had signed an Advance Pricing Agreement with the U.S. IRS this week, resulting …

Markets

Infosys Q3 profit grows 38.3 per cent

Infosys, India’s second largest IT exporter, on Friday reported 38.3 per cent growth in consolidated net profit to ₹ 5,129 crore for the …

Markets

New Infosys CEO Salil Parekh starts stint with in-line Q3 numbers

Infosys Technologies met Street expectations by reporting 38.3 per cent year-on-year growth in third quarter profits to Rs 51.29 billion, aided by a …

Business (India)

Infosys ex-CFO Balakrishnan pats Nilekani for correcting previous wrongs over CEO’s pay

A file photo of former Infosys chief financial officer V.Balakrishnanon. Photo: Bloomberg<p><b>Bengaluru:</b> Former Infosys chief financial officer …

Business (India)

Padmavati to Triple talaq: 18 major controversies that hit headlines

1/18<p>Sanjay Leela Bhansali's Padmavati has been facing trouble ever since its shooting. The set of the movie was vandalised twice -- in Jaipur and …

India

Infosys CEO Salil Parekh to draw lower salary than Sikka

Infosys CEO Salil Parekh will be paid an average of ₹1.33 crore per month in his first three months in office - much less than the average monthly …

India

The new Infosys CEO’s salary could buy you a home in South Mumbai

The new Infosys CEO’s salary could buy you a home in South Mumbai<p>The new MD and CEO, of Infosys, Salil Parekh will walk home with an annual salary of …

India

QBiz: RBI To Issue Brown Rs 10 Notes; Business Suffers In Mumbai

1. RBI to Issue New Rs 10 Notes in Chocolate Brown Colour<p>The Reserve Bank of India (RBI) will shortly issue new Rs 10 notes under the Mahatma Gandhi …

India

New Infosys CEO Salil Parekh will get fixed salary of Rs 6.5 crore | Latest News & Updates at Daily News & Analysis

New Infosys CEO Salil Parekh will get a fixed salary of Rs 6.5 crores. Parekh would also get a variable pay of Rs 9.75 crores at the end of the …

India

Market Live: Sensex, Nifty steady around day's high points; metals rally

<b>2:24 pm Market Check:</b> Benchmark indices have continued to hold on to the strong momentum, with the Sensex trading over 100 points higher, while the …

Markets

Low-profile Salil Parekh starts his innings at Infosys

Parekh in a video address to employees expressed delight on leading the iconic company

Parekh as CEO is a huge positive for Infosys: Mohandas Pai

<b>Hyderabad:</b> Salil Parekh taking over as CEO is hugely positive for Infosys as he is a team builder who understands the business and changing market …

Startups

Parekh takes helm at Infosys

Salil Parekh, who was named CEO and managing director of Infosys on December 2, 2017, took charge on Tuesday.<p>Mr. Parekh, 53, said he would primarily …

Infosys

QBiz: Govt Clears IBC Amendment Bill; Rupee Starts 2018 on A High

1. December PMI Data Signals Revival in Manufacturing, Indian Economy<p>The Nikkei India manufacturing Purchasing Managers’ Index (PMI), a bellwether of …

India

Constellation Research's 2017 Enterprise Awards

Here are our picks for the year's top enterprise vendors, technologies, and trends.<p>The team at Constellation Research hopes you all had a great …

Brian Krzanich

Salil Parekh as CEO is a huge positive for Infosys: Mohandas Pai

Salil Parekh taking over as CEO is hugely positive for Infosys as he is a team builder who understands the business and changing market environment, …

Constellation's 2017 Enterprise Awards

By Chris Kanaracus

Brian Krzanich

56,000 layoffs and counting: India’s IT bloodbath this year may just be the start

For Indian techies, 2017 was the stuff of nightmares.<p>One of the top employment generators until a few years ago, India’s $160 billion IT industry laid off more than 56,000 employees this year. Some analysts believe this spree was worse than the one during the 2008 financial crisis. Meanwhile, …

Business

Gauri Lankesh murder, Infosys turmoil and Siddaramaiah aide's diary alleging corruption mark 2017 in Karnataka - Firstpost

<b>Bengaluru:</b> The killing of journalist-activist Gauri Lankesh and the boardroom battle at IT giant Infosys marked the high point of variegated …

India

Infosys looks to reboot under new CEO after stormy 2017

Infosys will certainly hope to turn the page in the coming year as it seeks to move on from the year-long, public standoff between its high-profile …

India

2017 was a terrible year for India’s techies – but things may only get worse

India’s $160 billion IT industry laid off more than 56,000 employees this year.<p>For Indian techies, 2017 was the stuff of nightmares.<p>One of the top …

India

Infosys: It's high time former execs, board stopped public spats, allowed company to focus on strategy, feel experts

Salil Parekh will take over as the new CEO of Infosys on 2 January 2018. If there was an expectation that the cloud over the company's corporate …

Governance

Indian tech start-ups, auto makers at full throttle on self-driving vehicles

<b>Gurugram/Bengaluru:</b> One sureshot—and, perhaps, foolish—way to test autonomous, or driverless, vehicle technology is to step in front of a …

Transportation

No matter what Infosys does, a persistent whistleblower just won’t let go

From bringing back a co-founder to appointing a new CEO, Infosys is doing everything it can to turn the tide, but its troubles just don’t seem to be ending.<p>On Dec. 09, the anonymous whistleblower who had earlier raised questions over corporate governance at Infosys, asked the Securities and …

Business

Prosecute Infosys board, management in Rajiv Bansal's severance pay case: Whistleblower to SEBI

Market regulator SEBI should not let Infosys settle the former CFO Rajiv Bansal's severance case via 'back door', a whistleblower told the regulator …

Governance