Infosys Finally Sends Offer Letters to Recruits After Years of Waiting

Infosys Finally Sends Offer Letters to Recruits After Years of Waiting

According to the IT employee union Nascent Information Technology Employees Senate (NITES), Infosys recently sent out over 1,000 offer letters to candidates for its 2022 campus recruitment campaign. The offers came after a more than 2.5-year wait. The posts are for System Engineers, with a start date of October 7, 2024. Surprisingly, these offers are … Read more

Highest-Paid IT CEOs in FY24: Check the List

Wipro, Coforge Lead with Highest-Paid IT CEOs in FY24: Check the List

Former Wipro CEO Thierry Delaporte, who left in April, received a stunning $20 million (Rs 166 crore) in remuneration for fiscal year 2023-24 (FY24), making him the highest-paid CEO in India’s IT services sector. Next to him are the CEOs of mid-cap businesses Coforge and Persistent Systems, who earned more than their colleagues at TCS … Read more

Centre Stands Firm on Massive Tax Demand from Infosys: Report

Infosys Finally Sends Offer Letters to Recruits After Years of Waiting

The central government is not considering any relaxation over the $4 billion tax demand it sent to Infosys, according to a government source. The tax demand on Infosys is in accordance to the good and services tax rules and the country’s second-largest IT services firm has sought 10 days to submit its response after meeting … Read more

Narayana Murthy Gifts ₹240 Crore Infosys Shares to Grandson

Narayana Murthy Gifts ₹240 Crore Infosys Shares to Grandson

N R Narayana Murthy, the co-founder of Infosys, has given shares valued at over Rs 240 crore to his four-month-old grandson, Ekagrah Rohan Murty, potentially making him India’s youngest millionaire, according to a filing by the company on the exchanges. The exchange filing revealed that Ekagrah now owns 1,500,000 shares, equivalent to a 0.04 per … Read more

Infosys vs. Cognizant: IT Giants Clash Over..!

Infosys vs. Cognizant: IT Giants Clash Over..!

The poaching war between leading IT corporations has erupted, with Infosys accusing Cognizant of unethical poaching techniques, according to Moneycontrol. Infosys’ case follows that of its cross-town competitor Wipro, which sued two of its former executives who recently joined Nasdaq-listed Cognizant. According to the source, Infosys delivered a written letter to Cognizant following the departure … Read more