Bangalore: The heads of Infosys Ltd's business units serving the finance and manufacturing sectors are swapping jobs, in an indication that both are contenders to take over the chief executive's post when it opens up in 2015. BG Srinivas, global head of manufacturing and engineering services, will head the financial services and insurance operations of India's second-largest software services provider. Ashok Vemury, who now heads the finance services business, will...
03:49 AM, Feb 04, 2012
Bhopal: With IT majors like Infosys and TCS gearing up to enter Madhya Pradesh's commercial town of Indore, the state is trying to position itself as the most sought-after destination after metros like Bangalore, Pune and Hyderabad which are facing severe space crunch. As per the MoU signed between the Shivraj Singh Chouhan government and Infosys, the IT major is setting up its unit with the investment of Rs 600...
10:38 AM, Feb 03, 2012
Bangalore: Are India s corrupt and the dishonest becoming role-models for youngsters of the country? Software icon NR Narayana Murthy believes so. "The number of role-models that our youngsters can look up to is decreasing. How many people in our public life can you be proud of for honesty, courage, commitment and hardwork? And that number is dwindling , the Co-Founder of Infosys Ltd said. "Our youngsters don t have...
08:53 PM, Jan 29, 2012
Davos: Infosys, India's second largest software services exporter, aims to expand its workforce in Europe, but is having trouble finding the computer science graduates it needs, the head of its European operations said on Friday. "The biggest problem for us with regard to hiring is that there aren't enough people who want to study computer science in Europe and the UK," said BG Srinivas, head of European operations at Infosys....
09:27 AM, Jan 28, 2012
India will have a GDP (gross domestic product) of close to $2 trillion by March 2012. She is expected to more than double her GDP in the next 10 years. With a formal-sector employment of over 80 million, more than 100 million jobs in the formal sector will be created in the next 10 years not only due to growth, but also to fill in the large-scale retirement in the...
10:50 AM, Jan 27, 2012
Mumbai: The market staged a stunning performance for the fourth consecutive week led by huge inflow of foreign money that resulted into sharp appreciation in the Indian rupee. Better than expected earnings at home, signs of softening interest rates after RBI's CRR cut, stabilisation in the Europe and gradual improvement in the US economic data helped the Nifty get back above the 200 DMA (daily moving average) of 5,204, rising...
09:40 AM, Jan 27, 2012
New York: IT bellwether Infosys on Wednesday said the company and some of its employees are target of US probe related to its sponsorships of B1 business visas. Infosys had received a "subpoena" from a grand jury in the US District Court for the Eastern District of Texas in May last year. The subpoena requires that Infosys provide to the jury certain documents and records related to the company's sponsorships...
09:49 PM, Jan 25, 2012
Mumbai: Bears remained powerful for the whole session on Thursday on bleak guidance from Infosys for FY12. However, it managed to trim some looses in late trade on better than expected Spain's bond auction. Meanwhile, though industrial output improved significantly in November, it proved to an non-event for the market. The Sensex dropped 138.35 points, to close at 16,037.51 and the Nifty fell 29.70 points to 4,831.25. Shares of technology...
09:31 AM, Jan 12, 2012
Mumbai: Infosys, the second largest software services exporter, reported a better than street expected numbers in the third quarter of FY12 but the company disappointed with its dollar revenue guidance for FY12. The company posted a net profit of Rs 2,372 crore in the third quarter, a growth of 24.5 per cent as compared to Rs 1906 crore in the previous quarter. Its revenues moved up 14.8 per cent to...
09:15 AM, Jan 12, 2012
On this episode we focus on people and organisations which made India a better place for all of us. ...
04:54 PM, Jan 08, 2012
New Delhi: Kalyanmoy Deb is the winner of the Infosys 2011 Prize for his contribution in engineering and computer science. His unique software helps pick the right solution from millions of confusing choices. Though designed for industrial applications like car and cell phone manufacture, it can theoretically be adapted to much more personal uses. Choices are something we all have to make. Dr Kalyanmoy Deb is someone who helps making ...
08:56 AM, Jan 05, 2012
Bangalore: Dr Sriram Ramaswamy won the Infosys Prize 2011 for Physical Sciences. He used his knowledge of theoretical physics to crack a question commonly asked in biology. Thanks to his research, we now have answers to some of the mysteries of the laws of nature. How does a flock of birds move in perfect harmony? Or a herd of animals? Dr Sriram Ramaswamy replied, "There is this Hindi word 'bhedchaal',...
10:00 AM, Jan 04, 2012
Hyderabad: Dr Imran Siddiqi's research on hybrid plants can ensure enough food for millions of Indians. He has also won the Infosys Prize for 2011 in Life Sciences. Dr Imran Siddiqi isn't fooled by appearances. India's green revolution gave food to millions. But many of the plants in Dr Siddiqi's research are hybrids with different breeds crossed together, to ensure a bumper yield. But if one takes seeds from such...
08:54 AM, Jan 03, 2012
New Delhi: Dr Pratap Bhanu Mehta is a man who wears many hats and juggles many roles. He has closely observed and written about Indian politics and education for more than twenty years now. On Sunday, Mehta won the Infosys Prize 2011 for Political Science & International Relations. Some time back, when CNN-IBN caught up with him, he had said he was going through some sort of a professional identity...
08:45 AM, Jan 02, 2012
Bhopal: The Madhya Pradesh government has given clearance in principle to give 100 acres of land each to Information Technology giants - Tata Consultancy Services and Infosys Ltd. Official sources said in Bhopal on Thursday that the decision was taken at a meeting on Wednesday of the State Cabinet chaired by the Chief Minister Shivraj Singh Chouhan. They said that land to the two would be allotted in the super...
02:33 PM, Dec 29, 2011
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