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The letter sent by founders to Infosys board raising governance concerns has given rise to nagging suspicion that remote controlling of a company by former promoters may be an emerging trend in Indian corporates that are restructuring and reinventing themselves to come to…
India's famed multi-billion dollar information technology (IT) industry has been facing challenging times over the past 6-12 months with top-notch IT companies already facing earnings pressures in recent quarters due to tough business environment prevailing in their most lucrative US…
Read More Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries
IT major Infosys today defended pay hike to chief executive Vishal Sikka and the severance package of two former senior executives saying all decisions were made "in the overall interest of the company", amid reports of simmering differences between the…
Read More Infosys Defends Pay Hike To Sikka, Says Decision in Company’s Interest
On December 31, 2016, Infosys announced a sudden exit of its General Counsel and Chief Compliance Officer, David Kennedy. While no reasons have been cited by the company, per the terms of exit, Kennedy will receive aggregate severance payments of…
IT major Infosys’ Rs. 5.9 crore ($868,250) severance pay offer to outgoing General Counsel David D Kennedy is a move to play safe with Donald Trump administration in the US, say experts. "There is some kind of an abruptness in…
Read More Infosys’ Rs 5.9 Cr Severance Pay To Kennedy Bid To Play Safe With Trump
As 2016 winds down and we enter holiday mode, it's time to start thinking of the 2017 work year. Here's why you need to use your down time to put plans into place to upskill your employees and stay ahead…
Ravi Bhaskaran, Twitter’s Platform Partnerships Head, South Asia, quit his position on Wednesday. According to Greyhound Research, the digital advertising market in India is currently worth around Rs 7,000 crore – 75% of which lies with Google and Facebook. Twitter,…
Read More Twitter Exodus Continues As Platform Partnerships Of South Asia Quits
