Infosys Hike

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India’s second largest IT services company Infosys, on Thursday evening announced salary hike for its employees. The hike announced will be across board and for employees working in India it would be an average 6.5 per cent. In the previous year also.

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The battle between Infosys founders and the companys management led by its Chief Executive Officer and Managing Director Vishal Sikka is far from over. After a month’s lull, co-founder Narayana Murthy, who has taken on the.

Country’s two IT companies Thursday announced wage hikes, with Infosys saying its employees in India will get an average 8 percent increase and Wipro offering 6-8 percent raise for offshore employees. Bangalore/Mumbai: Country’s two IT companies Thursday.

MUMBAI/BENGALURU (Reuters) – A dispute between the founders and the board of software services company Infosys Ltd over governance spilled into public again on Monday, as founder N.R. Narayana Murthy criticised a pay hike for.

MUMBAI/BENGALURU (Reuters) – A dispute between the founders and the board of software services company Infosys Ltd over governance spilled into public again on Monday, as founder N.R. Narayana Murthy criticized a pay hike for.

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Shares of Infosys fell by over 1.00 per cent today after fresh row erupted between the founders and the Board of the company over the pay hike to Chief Operating Officer U B Pravin Rao. The shares of Infosys slipped by 0.94 per cent to Rs 1,011.25 apiece.

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Infosys on Thursday said it will stick to its target of hiring 35,000 people this fiscal but is not looking at wage hikes for now. The hiring plan, which includes 13,000 jobs for its BPO operations, will be adhered to despite an uncertain global economic.

Infosys set a $2 billion cash return to shareholders and appointed. "In U.S. particularly we’ve seen a couple of rate hikes and an easing of regulatory pressure so we expect some of the spend to come back later in the year, in terms of discretionary.

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Infosys founder N.R. Narayana Murthy on Sunday termed the board-approved compensation hike for Chief Operating Officer U.B. Pravin Rao as "not proper" and said it will "erode the trust and faith of the employees in the management and the board". In an.

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Infosys is currently caught in a stir of rumors about issues like pay hike given to its CEO and severance package of two former senior execs. Amid reports of tension between Infosys Ltd founders and its management, chief executive officer (CEO) Vishal.

April 3 (Reuters) – The dispute between founders and board of India’s second largest software services company Infosys Ltd over governance issues spilled into the public again as founder Narayana Murthy criticised a salary hike given to Chief.

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MUMBAI/BENGALURU (Reuters) – A dispute between the founders and the board of software services company Infosys Ltd over governance spilled into public again on Monday, as founder N.R. Narayana Murthy criticised a pay hike for.

Murthy was responding to the Infosys board’s recent approval of a pay hike for chief operating officer UB Pravin Rao. V Balakrishnan, a former chief financial officer at Infosys, echoed Murthy’s sentiments, saying that a pay hike for top-level.

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MUMBAI/BENGALURU (Reuters) – A dispute between the founders and the board of software services company Infosys Ltd over governance spilled into public again on Monday, as founder N.R. Narayana Murthy criticised a pay hike for.

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