Infosys to offer U.S. animal health firm Zoetis agility, efficiency through digitisation

Infosys to offer U.S. animal health firm Zoetis agility, efficiency through digitisation

File image. | Photo Credit: REUTERS Infosys on Tuesday (June 24, 2025) announced a strategic collaboration with Zoetis, a global animal health company. Under this engagement, Infosys would enhance Zoetis’ digital capabilities by integrating its AI solutions and automation services, it said in a statement. New Jersey-based Zoetis discovers, develops, manufactures and commercializes vaccines, medicines, […]

Continue Reading
Infosys employees to get 65% bonus for Q4 of FY25

Infosys employees to get 65% bonus for Q4 of FY25

Infosys has rolled out an average performance bonus payout of 65% for senior managers and staff below, which is the bulk of the company’s workforce, for the fourth quarter of FY25, according company sources. Eligible employees would receive the bonus component in the May 2025 payroll cycle, they said. However, an email sent by The Hindu to […]

Continue Reading
Five of top 10-firms lose ₹86,447 crore in m-cap; Infosys, TCS, SBI hit hard

Five of top 10-firms lose ₹86,447 crore in m-cap; Infosys, TCS, SBI hit hard

Photo used for representational purpose only. File | Photo Credit: PTI Five of the top 10 most valued firms together lost ₹86,447.12 crore in market valuation last week, with Infosys, Tata Consultancy Services and State Bank of India taking the biggest hit. Last week, the BSE benchmark fell 462.8 points or 0.79%. While Reliance Industries […]

Continue Reading
Booster for Hyderabad startup ecosystem as CII-CIES moves to T-Hub

Booster for Hyderabad startup ecosystem as CII-CIES moves to T-Hub

Infosys co-founder Kris Gopalakrishnan, CII leaders C.K.Ranganathan, Suchitra Ella, Telangana Industries and IT Secretary Jayesh Ranjan at the inauguration of CII-CIES in T-Hub, Hyderabad, on March 16.   | Photo Credit: Special Arrangement A centre of excellence for innovation, entrepreneurship and startups set up by the Confederation of Indian Industry (CII) in partnership with Infosys co-founder […]

Continue Reading
Infosys founders take trip down memory lane on company completing four decades

Infosys founders take trip down memory lane on company completing four decades

Infosys founders N.R. Narayana Murthy and Nandan Nilekani during the ‘4 Decades of Excellence’ event at the company’s headquarters in Bengaluru on December 14, 2022. | Photo Credit: PTI As IT major Infosys commemorated its four decades of existence, its founders reminisced about the company’s journey on Wednesday. N.R. Narayana Murthy, Nandan M. Nilekani, S. […]

Continue Reading
Data | Layoffs by IT firms in the U.S. will greatly impact H-1B workers from India

Data | Layoffs by IT firms in the U.S. will greatly impact H-1B workers from India

Layoffs: People take a photo at Meta corporate headquarters in Menlo Park, California on November 9, 2022. – Facebook owner Meta will lay off more than 11,000 of its staff in the most difficult changes made in Meta’s history, according to CEO Mark Zuckerberg | Photo Credit: JOSH EDELSON In 2020, the number of people […]

Continue Reading
Infosys Q2 net profit rises 11% as firm raises revenue forecast, to buyback shares worth ₹9,300 crore

Infosys Q2 net profit rises 11% as firm raises revenue forecast, to buyback shares worth ₹9,300 crore

Infosys CEO Salil Parekh says while concerns around economic outlook persist, demand pipeline was strong Infosys CEO Salil Parekh says while concerns around economic outlook persist, demand pipeline was strong Infosy on Thursday raised the lower end of its full-year revenue guidance citing a strong demand pipeline, after the software services provider reported second-quarter net […]

Continue Reading
Goldman cuts Infosys, TCS to ‘sell’ on looming slowdown

Goldman cuts Infosys, TCS to ‘sell’ on looming slowdown

Goldman Sachs downgraded top Indian information technology service providers Tata Consultancy Services and Infosys to “sell,” from “buy,” citing a potential slowdown in dollar revenue growth in the face of impending macroeconomic stress. “We believe a slowdown in discretionary IT services spend around the growth and transformation agenda will be quite material and something not […]

Continue Reading
Indian IT firms cut staff bonuses as U.S., European clients tighten budgets

Indian IT firms cut staff bonuses as U.S., European clients tighten budgets

Infosys told employees in an email seen by Reuters that the company was making “structured efforts” to improve performance, as it cut variable pay Infosys told employees in an email seen by Reuters that the company was making “structured efforts” to improve performance, as it cut variable pay India’s top IT services firms are freezing […]

Continue Reading
Infosys cuts average variable pay for Q1 citing margin pressure

Infosys cuts average variable pay for Q1 citing margin pressure

Bengaluru Technology services firm Infosys has reduced the average variable payout to 70% for employees for the first quarter of this fiscal citing margin pressures it faced. “The margin impact in the current quarter has reflected on the performance bonus for this cycle. The average bonus payout for Q1 is 70% at an organisation level,” […]

Continue Reading