Infosys Archives - Elets CIO

Vishal Sikka joins Oracle’s board of directors

Former CEO of Infosys Vishal Sikka has been appointed to the board of directors of Oracle. He holds expertise in the field...

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Infosys to recruit freshers; targets up to $150 Mn in cost savings

India’s second-biggest outsourcer Infosys has announced that it is planning to cut costs by USD 100-150 million in FY20 by hiring more...

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Infosys to shed 10,000 mid-senior level jobs

India’s second-biggest outsourcer Infosys is laying off more than 10,000 of its employees at the mid and senior level, as per the...

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Jayesh Sanghrajka quits Infosys as Deputy CFO

Infosys Executive Vice President and Deputy Chief Financial Officer (CFO) Jayesh Sanghrajka has stepped down from his position. Sanghrajka has spent more...

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Amazon’s largest seller Cloudtail records 25% profitable fiscal

Amazon India’s largest seller, Cloudtail has announced that it has achieved 25 percent profitable milestones for the financial year 2019. Cloudtail is...

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LinkedIn names Ashutosh Gupta as its India head

Microsoft-owned professional networking platform LinkedIn has appointed Ashutosh Gupta as Country Manager for India. He will take charge from September 2, 2019,...

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TCS increases stake in its Japan JV with Mitsubishi with USD 32.6 million investment

Tata Consultancy Services paid about USD 32.6 million to raise its stake by 15% taking it up to to 66% in its...

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Infosys invests in Panaya again after it fails to find a buyer for the Israel-based company

Infosys has started to invest in automation software company Panaya again as it looks to make the Vishal Sikka-era acquisition successful. The...

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TCS wins over IBM, Infosys to implement RBI’s information and management system

IT major Tata Consultancy Services will implement Reserve Bank’s centralised information and management system (CIMS) for seamless data collection and validations. TCS...