In a recent development, Infosys‘ Chief Human Resources Officer, Shaji Mathew, has confirmed that the Labour Department is in touch with the company regarding ongoing investigations. This announcement comes amid growing scrutiny over Infosys’ employment practices and compliance with labor laws.In an interview with PTI, Mathew emphasised Infosys’ commitment to cooperating fully with the Labour…
The Ministry of Labour and Employment has directed Karnataka’s state labour ministry to take “urgent necessary actions” to resolve the dispute over Infosys‘s recent termination of employees at its Mysuru campus, following complaints from an IT employees’ welfare association.“The Ministry of Labour and Employment, Government of India has directed the Karnataka state Labour Ministry to…
Infosy has terminated approximately 400 trainees at its Mysore campus after they failed to clear mandatory internal assessments, leaving many stranded and emotional as they were asked to immediately vacate the premises.The mass termination, which took place on February 7, affected trainees who had waited two and a half years to join the company after…
Infosys has reportedly initiated layoffs of approximately 700 campus recruits who joined the company in October 2024, according to Nascent Information Technology Employees Senate (NITES), an organisation said to be working for the welfare of IT and ITES organisations. “In a shocking and unethical move, Infosys has begun forcefully laying off around 700 campus recruits…
Adar Poonawalla, CEO of Serum Institute of India, stated that humans cannot remain productive beyond 8-9 hours of continuous work, weighing in on the ongoing debate about extended workweeks at the World Economic Forum 2025 in Davos.“A human being can’t be productive beyond 8 or 9 hours. Sometimes you have to put in those hours….
The Indian IT sector, valued at $254 billion, experienced a significant reduction of over 70,000 employees in FY24. (AI image) India’s top IT services firms like TCS and Infosys have set higher fresher recruitment goals for fiscal 2026, encouraged by indicators of renewed technology investment. The six largest IT organisations in the country collectively aim…
Bernstein maintained its ‘outperform’ call on Infosys with a target price of Rs 2,330 (+28%). Analysts said that during the Oct-Dec quarter, the company delivered another all-round beat across revenue, margin and earnings. Also, FY25 revenue growth guide was raised by 60 basis points to 4.5-5% ahead of street estimates. They continue to see upcycle…
Infosys has filed a counterclaim against Cognizant in a Texas court, escalating its legal dispute with the US-based IT giant. The India’s second largest software exporter accuses Cognizant and its CEO, Ravi Kumar, of employing anti-competitive tactics and misusing confidential information to hinder the development of Infosys’s healthcare platform, Helix. What Infosys’ lawsuit against Cognizant…
SN Subrahmanyan can be seen advocating for working Sundays. After Infosys’ Narayana Murthy’s 70-hour work week controversy, Larsen & Toubro (L&T) Chairman SN Subrahmanyan has stirred a fresh debate on work-life balance with his advocacy of 90 hour work weeks. In an undated video, which is going viral on social media, SN Subrahmanyan can be…
Microsoft CEO Satya Nadella has announced the company’s plans to invest $3 billion in India in cloud and AI infrastructure, including setting up new data centres over the next two years. The $3 billion additional investment in India is said to be Microsoft’s single-largest expansion into the region. During his India visit, Nadella also had…
