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Though Infosys has managed to hire Vishal Sikka as its CEO, the company still has a huge task cut out for itself as it stares at an employee attrition rate of 19.5% for the June quarter. The company saw attrition…
Read More #GreyhoundInMedia: Infosys takes step to stop high attrition #Press #Media #DNA
Over 10,000 employees left the software major during the first quarter. Infosys will take another 3-4 quarters to curb attrition, which is at an all-time high with around 10,627 people having left the company in the first quarter of 2015 fiscal. In…
Read More #GreyhoundInMedia: Attrition woes continue at Infy #Press #Media #HinduBusinessLine
Standing at the "cusp of change", IT services giant Infosys will now widen its focus on software assets and intellectual property under its new CEO Vishal Sikka, analysts said today. Sikka, who takes over from the current CEO and MD S D Shibulal…
Net profit rises 22% year on year on new order wins; co retains 7-9% revenue growth guidance. Infosys Ltd posted first-quarter profit that beat analyst estimates as India's second-largest software services company won more orders. Net profit rose 22% to Rs 2,890 crore…
Read More #GreyhoundInMedia: Infosys beats St ahead of new CEO takeover #Press #Media #DNA
Margins, volumes surprise; attrition at all-time high. India’s second largest information technology (IT) services company Infosys today cheered investors by throwing up a positive surprise on the margins and volumes growth front and posting earnings for April-June 2014 (Q1FY2015) on expected…
IT major Infosys on Friday reported a healthy 21.6 percent growth in consolidated net profit for the first quarter, helped by increase in business from Europe and improved operational efficiency. The city-based firm posted a net profit of Rs 2,886 crore…
IT major Infosys on Friday reported a healthy 21.6 percent growth in consolidated net profit for the first quarter, helped by increase in business from Europe and improved operational efficiency. The city-based firm posted a net profit of Rs 2,886 crore…
For a man that Nagavara Ramarao Narayana Murthy stood out to be all through his life – one of India’s greatest entrepreneurs – the murmur was soon becoming too big and loud to bear. While Infosys’s decision last year to…
Infosys chooses an outsider pro to lead it through transition. Infosys Technologies, a bellwether firm for India’s infotech sector that is making waves across the globe, has defied the traditions of the domestic sector at the best of times. So, as…
Read More #GreyhoundInMedia: The Infosys lesson for India Inc #Press #Media #GovernanceNow
What can Vishal Sikka, an outsider with a software product background, do for Infosys that its founders haven’t been able to achieve? Venkatesh Ganesh and K Giriprakash find out. In the end, it was not an easy decision either for…
Read More #GreyhoundInMedia: Decoding the Infy reboot #Press #Media #HinduBusinessLine
TCS has become the world’s third largest employer of people in the technology sector, with over 3 lakh employees. And given the pace at which it is growing, it could become the second largest employer this year, crossing Hewlett-Packard, and…
TCS has become the world's third largest employer of people in the technology sector, with over 3 lakh employees. And given the pace at which it is growing, it could become the second largest employer this year, crossing Hewlett-Packard, and…
TCS has become the world's third largest employer of people in the technology sector, with over 3 lakh employees. And given the pace at which it is growing, it could become the second largest employer this year, crossing Hewlett-Packard, and would be…
Infosys will soon start a fast track career programme for high performers to boost morale of the company and has come up with different processes to help software engineers to improve productivity. Industry watchers saw an interesting message emanating from…
Company badly needs a knight in shining armor. One of India’s iconic IT firms Infosys had been mired in a crisis of leadership over the past one year. The company, one of the best IT services firm, was not doing very well…
When news broke recently of former SAP CTO Vishal Sikka being considered for the position of Infosys CEO, many experts dismissed it outright. Of the top three analysts covering this sector that we tried to speak to when this speculation…
Vishal Sikka’s appointment as the new CEO and MD of Infosys has got a thumbs up from analysts, as it ends uncertainty regarding the new CEO, calms employees, addresses all the issues for customers and also sends a message that…
What do analysts who have followed Infosys closely for years feel about the announcement earlier today that former SAP CTO Vishal Sikka would be the new US-based CEO and MD of the $8.25 billion Infosys? Can a man who is…
The Infosys Board of Directors announced the selection of Dr. Vishal Sikka as the Chief Executive Officer and Managing Director (CEO & MD) of the company. Dr. Sikka is to be inducted as a whole-time director of the Board and…
The challenge for Vishal Sikka will be to take over a company whose employees will have to think about how technology transforms lives, rather then test, develop and maintain software. "This might just be the start of an interesting transition…
Read More #GreyhoundInMedia: Infosys Hinging On Sikka #Press #Media #BusinessWorld
When news broke recently of former SAP CTO Vishal Sikka being considered for the position of Infosys CEO, many experts dismissed it outright. Of the top three analysts covering this sector that we tried to speak to when this speculation…
When news broke recently of former SAP CTO Vishal Sikka being considered for the position of Infosys CEO, many experts dismissed it outright. Of the top three analysts covering this sector that we tried to speak to when this speculation…
When news broke recently of former SAP CTO Vishal Sikka being considered for the position of Infosys CEO, many experts dismissed it outright. Of the top three analysts covering this sector that we tried to speak to when this speculation…
Read More #GreyhoundInMedia: WILL VISHAL SIKKA HELP INFOSYS GET ITS MOJO BACK? #Press #Media
When news broke recently of former SAP CTO Vishal Sikka being considered for the position of Infosys CEO, many experts dismissed it outright. Of the 3 top analysts covering this sector that we tried to speak too when this speculation…
When news broke recently of former SAP CTO Vishal Sikka being considered for the position of Infosys CEO, many experts dismissed it outright. Of the top three analysts covering this sector that we tried to speak to when this speculation…
Recently Bharti Airtel signed a new deal with IBM for its IT needs that sent shockwaves through the IT industry and signaled a whole new era, not just for the Indian telecom giant, but in how relationships between telecom and IT may…
Infosys is likely to see more exits at the senior level. Hargopal Mangipudi, a key Infosys executive who spearheaded the company’s only product business Finacle, is expected to resign shortly. Along with him, another veteran, Murli Krishna, the computers and communications…
India has only recently finished the most significant federal elections witnessed in the past few decades. Not only did the elections bring out the clear winner in Narendra Modi, it has also worked like a shot in the arm for…
Read More Like India, Infosys Needs A Shot In The Arm (and Now)!
As Indian IT players compete for higher-value services in digital technologies such as data analytics, mobility, social and cloud-based deployment, they face increasing competition from management consulting firms that are also beefing up their business in those areas. The clash…
Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi has announced new solutions that take it well into the software defined data centre (SDCC) as well as deepening its fraternal ties with Hitachi Research and other Hitachi companies…
