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Infosys fires 195 more trainees for ‘failure’ to clear assessment test: Report

Infosys is offering upskilling programmes through tie-ups with UpGrad and NIIT; around 250 of those affected have reportedly opted for these courses.

According to the company, these upskilling courses are designed to prepare those affected trainees for “potential roles in the BPM industry” or to continue “honing their IT skills.”(REUTERS file)
Published on Apr 29, 2025 05:34 PM IST

Infosys fires 240 more trainees for ‘failure’ to clear assessment tests: Report

Infosys is reportedly offering free upskilling courses to those affected individuals in partnership with NIIT and UpGrad

Infosys reported last Thursday a consolidated net profit of Rs. 7,033 crore, seeing an 11.7 per cent decline for the March quarter. The company had posted a profit of <span class='webrupee'>₹</span>7,969 crore in the same quarter last year.(Reuters file)
Published on Apr 19, 2025 03:52 PM IST

Narayana Murthy’s grandson to earn 3.3 crore as Infosys announces dividend

Ekagrah Rohan Murty, son of Rohan Murthy and Aparna Krishnan, holds 15 lakh shares of Infosys.

 Infosys Co-Founder N R Narayana Murthy.(PTI)
Published on Apr 18, 2025 11:06 AM IST

Infosys posts a marginal 1.8 percent rise in profits for financial year 2024-25

Revenues for the fourth quarter stood at ₹40,925 crore, 7.9 percent higher than ₹37,923 crore at the same time last year.

FILE PHOTO: An employees walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore, February 28, 2012. (REUTERS)
Updated on Apr 17, 2025 05:20 PM IST

Stock market opens in green despite concerns over Donald Trump's tariffs

The stock market opened in the green as the trading session for the day began on Wednesday, April 2.

A pedestrian watches a digital screen on the facade of the Bombay Stock Exchange (BSE) in Mumbai on February 1.(Punit Paranjpe/AFP)
Published on Apr 02, 2025 09:26 AM IST

Mohanlal apologises as ‘Empuraan’ sparks political storm | Controversy explained

Actor Mohanlal issued an apology after L2: Empuraan faced backlash over references to the Gujarat riots.

Mohanlal plays the lead role in Prithviraj Sukumaran’s ‘L2 Empuraan’.(HT Photo)
Published on Mar 30, 2025 05:23 PM IST

Infosys fires over 40 trainees in Mysuru, offers second chance: Report

The latest round of terminations comes months after Infosys laid off around 350 trainees from the same campus.

Infosys is reportedly offering these trainees a second chance with a special training.(REUTERS)
Published on Mar 27, 2025 10:48 AM IST

Infosys, Wipro, TCS among tech giants blacklisted in US recruiter's leaked email

A leaked recruiter memo outlining strict hiring criteria, favouring top universities and startup experience while has gone viral. 

The list included Intel, Cisco, HP, TCS, Tata, Mahindra, Infosys, Capgemini, Dell, Cognizant, and Wipro.(X)
Updated on Mar 28, 2025 09:36 AM IST
BySimran Singh

This company got most H-1B visas approved in 2024. It's not Infosys or TCS

In 2024, according to USCIS data, Indian-origin tech companies secured a fifth of all H-1B visas issued by the US

Infosys received 8,140 H-1B visa approvals in 2024(REUTERS/Vivek Prakash/File Photo)
Published on Mar 23, 2025 09:27 AM IST
ByYash Nitish Bajaj

Sudha Murthy opens up on husband Narayana Murthy's ‘70-hour’ work-week remark

Murthy spoke for the first time on the issue and emphasised that when people are passionate about their work, time never becomes a limitation.

Infosys founder Narayana Murthy and his author-philanthropist wife Sudha Murty.(YouTube/NetflixIndia)
Published on Mar 22, 2025 01:53 PM IST

Infosys' Narayana Murthy calls out AI hype in India: ‘Silly, old programmes’

Narayana Murthy criticised the hype around artificial intelligence in India, labeling many current programmes as outdated.

Narayana Murthy also explained the basic fundamental principles of artificial intelligence - machine learning and deep learning. (File/PTI)
Published on Mar 13, 2025 12:26 PM IST

Shruti Shibulal, ex Infosys CEO's daughter, buys 469 crore of company's shares

At the same time, Gaurav Manchanda who is one of SD Shibulal's family members, sold the same number of shares at the same price.

Infosys Ltd shares closed at <span class='webrupee'>₹</span>1,589.60 on the Bombay Stock Exchange (BSE) after the previous trading session ended on Wednesday, March 12, 2025.(Bloomberg)
Published on Mar 13, 2025 09:56 AM IST

Infosys to use ‘system interventions’ to make employees come back to office

Infosys has mandated at least 10 days of work-from-office each month.

The system interventions will be implemented from March 10, 2025 onwards.(Reuters)
Published on Mar 07, 2025 12:08 PM IST

‘No founder built startup with work-life balance,' says CTO, sparking debate

Amid India's ongoing debate on work-life balance, HubSpot's Indian-origin CTO asserted that building a breakthrough startup requires immense dedication.

The post discusses how every competitive human endeavor demands sacrifice.(X/@dharmesh)
Updated on Mar 05, 2025 05:08 PM IST
BySimran Singh

Cognizant to hike salaries in August, marks second year of such a delay: Report

After its new CEO Ravi Kumar took office, bonuses are given in March while hikes are given in August, when hikes used to be given in March as well earlier.

Figurines with computers and smartphones are seen in front of Cognizant logo in this illustration taken, February 19, 2024. (Dado Ruvic/Reuters)
Published on Mar 03, 2025 03:42 PM IST

Karnataka labour dept says Infosys layoffs did not violate laws: Report

The terminated candidates were only trainees for three months who were paid stipends and were part of the apprenticeship programme.

Infosys has claimed that it did not use force when it laid-off trainees at its Mysuru campus. In an interview with PTI, the company's CHRO Shaji Mathew also clarified Infosys' tests for trainees weren't designed for failure.(Bloomberg)
Published on Feb 28, 2025 04:33 PM IST

Over 100 sacked Infosys employees petition PMO, IT giant rejects charges: Report

Infosys had terminated about 700 trainees it hired from both campuses and off-campuses two-and-a-half years ago, but onboarded only last October.

Figurines with computers and smartphones are seen in front of Infosys logo in this illustration.(Reuters)
Published on Feb 28, 2025 11:54 AM IST

Infosys says it didn't use force or intimidate fired trainees

Infosys has claimed that it did not use force or intimidation tactics when it laid-off trainees at its Mysuru campus over performance-related issues.

Infosys has claimed that it did not use force when it laid-off trainees at its Mysuru campus. In an interview with PTI, the company's CHRO Shaji Mathew also clarified Infosys' tests for trainees weren't designed for failure.(Bloomberg)
Published on Feb 19, 2025 05:50 PM IST
Edited by Ashley Paul

Infosys defers trainee assessments by a week, says its to give them time to prep

This comes close on the heels of an outcry after Infosys laid off more than 300 freshers who went through foundational training in its Mysuru campus.

Figurines with computers and smartphones are seen in front of an Infosys logo in this illustration.(Reuters)
Published on Feb 19, 2025 03:00 PM IST

Cognizant says Infosys got caught ‘red handed’ stealing trade secrets: Report

Infosys countersued Cognizant, stating its CEO Ravi Kumar S delayed the rollout of Infosys’s own healthcare software product when he was a president at Infosys.

Figurines with computers and smartphones are seen in front of Cognizant logo in this illustration taken, February 19, 2024.(Dado Ruvic/Reuters)
Published on Feb 18, 2025 09:12 AM IST

'Please let me stay the night': Infosys trainee pleads after being fired, denied

Fired Infosys trainees were asked to leave the campus the same day, their pleas to be allowed to stay the night falling on deaf ears.

Infosys terminated more than 300 employees at its Mysuru campus on February 7.(Bloomberg)
Updated on Feb 11, 2025 12:58 PM IST

Infosys lays off 300 for failing internal exam: 'Asked to sign mutual...'

IT employee union NITES, however, said the number of freshers was more than what the company stated.

The Infosys Ltd. pop-up pavilion ahead of the World Economic Forum (WEF) in Davos, Switzerland.(Bloomberg)
Updated on Feb 07, 2025 06:45 PM IST

Infosys co-founder, 17 IISC faculty booked in SC/ST Act case

The complaint was filed by D Sanna Durgappa, a former faculty member of IISc who belongs to the tribal Bovi community

A former faculty member alleged wrongful dismissal and caste-based discrimination
Published on Jan 29, 2025 08:50 AM IST

Kris Gopalakrishnan, Infosys co-founder, booked in SC/ST Act | What's the case?

A man's alleged he was falsely implicated in a honey trap case, subsequently dismissed from service at IISc, where Kris serves as a member of Board of Trustees.

Infosys co-founder Kris Gopalakrishnan(ANI)
Updated on Jan 28, 2025 01:12 PM IST

Narayana Murthy on why 70-hour workweek should be a choice: ‘I used to…'

Narayana Murthy earlier sparked a debate on long hours of work for private employees while sharing his perspective on work ethics and commitment to one's work.

Narayana Murthy on Monday issued a clarification on his controversial remarks on a 70-hour workweek.(PTI)
Published on Jan 21, 2025 02:07 PM IST

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns

Infosys shares dropped nearly 6% despite beating Q3 estimates, raising concerns about earnings quality

Despite exceeding third-quarter result projections, shares of India's No. 2 IT company, Infosys, dropped about 6% on Friday as analysts expressed scepticism about the calibre of results.(AFP/Idrees MOHAMMED)
Published on Jan 17, 2025 11:40 AM IST
Reuters |

Nifty, Sensex plunge due to falling IT stocks along with private banks and auto

Only the Nifty Oil & Gas index was in the green with all other indices being in the red.

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020(Francis Mascarenhas/Reuters)
Published on Jan 17, 2025 09:35 AM IST

Infosys CEO asked about low salary hikes, toxic work culture. His response

Infosys CEO Salil Parekh addressed work culture concerns during the Q3 earnings call. He emphasized fair treatment of employees amid allegations of low salaries

Infosys CEO and MD Salil Parekh addressed concerns about the company's work culture.(YouTube/Infosys)
Updated on Jan 17, 2025 08:07 AM IST

Infosys to roll out 6-8% annual salary hikes in India from January 2025: Report

This is the first phase of Infosys' planned salary revisions. The second phase will come in April.

Figurines with computers and smartphones are seen in front of Infosys logo in this illustration.(Reuters)
Published on Jan 17, 2025 08:06 AM IST

Infosys may roll out pay hike letters in February 2025: Report

This pay hike comes for the appraisal period from September 2022 to October 2023

A man walks past a billboard of Infosys Technologies Ltd's office in Bangalore, October 10, 2003.(Jagadeesh NV/Reuters)
Published on Jan 13, 2025 11:32 AM IST
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