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
Income Tax authorities have attached ₹65 crore from five bank accounts of the Congress and its youth and students’ wings against the lien of ₹115 crore placed by the tax department on the accounts of the country’s main opposition party in a case related to a delay in filing IT returns for assessment year (AY) … Read more
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
After lifting the regulation on the establishment of new technical education institutions in March, the All India Council for Technical Education (AICTE) has approved the bids of 89 engineering schools across the nation. In addition, the council has for the first time authorized 80 additional institutions, the majority of which are privately run, to begin … Read more