What Is Behind Indian IT Sector’s Spiked Attrition Rate And Is It All Good?

Recruitment rate in India is on an upsurge and so is attrition rate. What does this tell us? Highlights — Leading tech giants of India record highest attrition rate since pandemic outbreak. Cognizant reports highest-ever attrition rate in Mar-June quarter.…

How The Second Wave Impacted The Lives And Luxuries Of India’s Billionaires

At a time when the deadly virus resurgence overwhelmed the health infrastructure and brought many to the doors of poverty, most of the Indian billionaires were missing in action.

US SEC probes Infosys on whistleblower complaints

Infosys is also aware of a securities class action lawsuit that has been filed against the company in federal court in the United States based on generalised allegations in the anonymous complaints. The company intends to defend itself vigorously in such a lawsuit, it said.

Explain non-disclosure of whistleblower complaint: BSE asks Infosys

BSE Ltd (earlier known as Bombay Stock Exchange) on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower…

Infosys in disaster control mode after whistleblower sends stocks crashing down

An anonymous group called ‘ethical employees’ alleged in a letter to the board of Infosys and the US Securities and Exchange Commission that company’s CEO Salil Parekh and CFO Nilanjan Roy took disturbing unethical measures to boost profits and short-term revenue.

Infosys to deliver digital transformation services for Volvo cars

Infosys has been selected as the main supplier to deliver Volvo Cars’ digital transformation services for its enterprise digital commercial operations applications and products.

14% rise in workplace sexual harassment cases; Wipro on top

IT major Wipro reported the highest increase in number of sexual harassment complaints in absolute numbers. ICICI Bank and Infosys showed maximum reduction in absolute numbers with the private lender reporting 40 cases lesser in FY19.

Infosys wins UN Global Climate Action Award in ‘carbon neutral now’

Digital services and consulting major Infosys has won the United Nations Global Climate Action Award in ‘carbon neutral now’ category, becoming

Corporate Tax Cut gives once-in-a-decade bull run to markets, but not to Big IT

Infosys, Tata Consultancy Services (TCS) and HCL Technologies were among the rare set of stocks on the benchmark Nifty that lost on a day Indian equities logged their biggest gains.

IT giants sweat over record denials of H-1B Visa

H-1B Visa denials at all-time high, about half of top IT companies’ work visa applications rejected in the past year by the United States.