Infosys still hiring; to ramp up headcount this fiscalJanuary 12th, 2009 BANGALORE - Allaying fears of slowdown or lay-offs, IT bellwether Infosys Technologies Ltd is still in hiring mode and plans to ramp up its headcount by this fiscal (2008-09), a senior executive said Tuesday. 'Though we have said in the beginning of this fiscal that we would hire about 25,000 people, in our estimate our hiring will go up to 27,000 by March 31, 2009,' Infosys head for HRD, education and research T.V.
Infosys To Hire 1,000 People in US within a Year or SoMay 22nd, 2009 In a recession hit period, where companies are downsizing to overcome the crisis, Indian software major Infosys plans to hire about 1,000 people in the US within a year and a half. Infosys Chief Executive, Kris Gopalakrishnan while attending Microsoft's CEO summit held in Seattle this week announced that the company is planning to add more than 100 employees as a part of a big US expansion in anticipation to the growth resuming in 2010.
Infosys freezes recruitment, mulls pay cutsFebruary 4th, 2009 NEW DELHI - Employees of Infosys Technologies may have to live with a salary cut and without any significant increment, even as the IT bellwether has virtually frozen fresh recruitments on account of the global meltdown, a top company official has said. 'A part of our salary is determined by variable sales component, which is the percentage of the company's revenue,' said Infosys' director for human resources T.V.
Nandan Nilekani to head national identity card projectJune 25th, 2009 NEW DELHI - The government Thursday appointed Nandan Nilekani, co-chairman of software giant Infosys, as the chairperson of the Unique Identification Authority -- constituted to provide identity cards to Indian citizens. Nilekani, who has been given the rank and status of a cabinet minister, will step down from the Infosys board.This is a project of national importance.
Sonia salutes India's IT successSeptember 15th, 2009 MYSORE - Congress President Sonia Gandhi on Tuesday attributed nation's success in the field of Information technology to the Indian talent, ingenuity and hard work. She was speaking after inaugurating the Infosys technology campus in Mysore.
Wipro actively looking at overseas acquisitionAugust 5th, 2009 KOLKATA - Outsourcing major Wipro is actively looking at overseas acquisitions, a top company official said here Wednesday. "As far as acquisition is concerned, we are already active in that area and we will continue to remain active.
Infosys to pick up most of IBM's support contract with Australia's TelstraMarch 24th, 2009 MELBOURNE - Bangalore-based software giant Infosys will pick up most of IBM Global Services' multi-million dollar applications support contract with Australian software giant Telstra, after the latter's deal with the former was scrapped following TELCO reducing its outsourcing partners from four to two. According to The Australian, the decision to shift from IBM to Infosys could result in hundreds of job losses locally and in Bangalore, where IBM operates outsourcing centres.
West Bengal acquires 200 acres for IT projectAugust 5th, 2009 KOLKATA - The West Bengal government has acquired 200 acres of contiguous land for the Rajarhat information technology (IT) hub, where software majors like Infosys and Wipro have sought space, a state minister said here Wednesday. "We are now ready to offer land to any company.
Indian outsourcing company Infosys quarterly profit falls 0.9 pct but outlook improvesOctober 9th, 2009 Infosys profit falls 0.9 pct but outlook improvesMUMBAI, India — Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be over for India's software services industry after being hard hit by the global downturn.
Infosys to award five top Indian scientists Rs.5 mn eachFebruary 16th, 2009 BANGALORE - Infosys Technologies Tuesday said it has instituted a Rs.5-million (Rs.50 lakh) award each for five top Indian scientists in recognition of their outstanding research contributions and achievements. The five awards will be given annually under the aegis of Infosys Science Foundation, a non-profit trust set up with a corpus of Rs.210.5 million (Rs.21.5 crore), the software major said in a statement here.
Google CEO likely to stick to small acquisitions as it increases spendingOctober 15th, 2009 On The Call: Google CEO Eric SchmidtGoogle Inc.'s success has left the Internet search leader sitting on a pile of cash — $22 billion at the end of September. Executives say they are ready to spend more money to take advantage of what they believe will be even better days ahead.
IT Recession is Going to End Next Year: Infosys CEOApril 18th, 2009 Though the financial sector has started showing some signs of recovery from the global meltdown, the IT industry in the country will take some more time to regain the growth momentum, a top industry official said here saturday. 'The crisis started in the financial sector and recovery also seems to be happening first in that sector,' S.
Infosys offers multi-function human resource solutionsNovember 6th, 2009 BANGALORE - Infosys Technologies, in association with Oracle, will offer managed services platform that will help companies streamline their human resource (HR) operations and reduce costs. "The platform enables us to offer the next generation of multi-process HR transformational outsourcing to our global clients cost-effectively, the company said in a statement.
Infosys' Murthy pulls back as IT advisor to Sri Lanka presidentFebruary 17th, 2009 BANGALORE - Infosys Technologies chairman and chief mentor N.R. Narayana Murthy has declined to be the IT advisor to the Sri Lankan government, the IT bellwether said Wednesday.
Obama tax move won't affect Indian firms, Murthy to presidentMay 8th, 2009 BANGALORE - Indian IT firms would not be impacted by the tax reform proposal of US President Barak Obama, Infosys Technologies chairman and chief mentor N.R. Narayana Murthy told President Pratibha Devisinh Patil Friday.
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