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The Latest Breaking News from Infosys

Infosys Stock Shows Market Leadership; Shares Jumped Recently

A Relative Strength Rating upgrade for Infosys stock shows improving technical performance.

Investors Business Daily

Young people have "enormous responsibility to work very, very hard" - tech titan doubles down on his call for employees to work punishingly long hours

Infosys co-founder Narayana Murthy asks workers to be extremely productive, says he worked up to 90 hours/week.

TechRadar

India's TCS, Infosys See Revenue Dips On Client Spending Cuts

Indian IT giants TCS and Infosys both signalled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector.

International Business Times

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Narayana Murthy warns about deepfake video of him endorsing trading apps

Infosys founder Narayana Murthy on Thursday flagged that there are deepfake pictures and videos of him circulating on social media, cautioning users “to not fall prey” to such information and to report such instances to the concerned authorities.

The Hindu

Microsoft Believes Indian Tech Firms Will Play A Key Role In AI Development, Adoption Globally

The world's largest vendor of computer software, Microsoft is working with India's IT and ITeS companies in multiple markets to facilitate AI implementation.

International Business Times UK

Australian government spent $52m more on welfare calculator after finding a more effective alternative

Services Australia paid Infosys almost $200m over four years before technology was written off as a failure

The Guardian - AU

Why didn’t NRN question waiver of industrialists’ loans asks Mahadevappa

Minister Mahadevappa criticizes Murthy for opposing freebies, questions why he didn't question PM Modi when loans of industrialists were waived. Constitution stands for uplifting downtrodden, Mahadevappa says govt schemes helping 1.32 crore families move towards self-reliance. He questions Murthy's silence, says he should've asked for money to be used for…

The Hindu

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Coalition plan to privatise visa processing to be subject of new inquiry

Announcement comes after revelation Infosys had 46 meetings with lobbyist Scott Briggs to discuss bid for IT work

The Guardian - AU

Should Indians work longer hours?

A discussion on Narayana Murthy’s suggestion that Indians should work at least 70 hours a week

The Hindu

Letters to The Editor — November 1, 2023

Readers’ mail to The Hindu’s Letters to the Editor

The Hindu

Putting Infosys founder Narayana Murthy’s ‘70-hour work week’ idea into perspective | Data

Infosys founder N.R. Narayana Murthy recently suggested young Indians work 70 hours a week, sparking debate. Time Use Survey 2019 data shows urban Indians aged 15-29 work 8.5 hours a day. Murthy pointed to Germany and Japan. But India's informal workforce raises questions about comparison. It's important to consider if…

The Hindu

Infosys founder Narayana Murthy wants young workers to have a 70-hour work week—and thinks it should be a matter of national pride

"India has received certain respect," Murthy said, saying that young Indians needed to "work very hard" to help the country reach its potential.

Fortune

Narayana Murthy’s suggestion of 70-hour work week draws flak across board

Narayana Murthy's suggestion of 70-hr work week for India's development draws flak from techies, HR professionals, trade unions. It is seen as exploitation, illegal, and would lead to mass exodus & high attrition.

The Hindu

Former MLA Vishnu Kumar Raju seeks release of pending incentives to IT companies

Former MLA P. Vishnu Kumar Raju demanded the government of Andhra Pradesh to release ₹21 crore funds which were supposed to be given to 86 IT companies as incentives.

The Hindu

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The Guardian - UK

Sunak’s Covid startup fund invested nearly £2m in firms linked to his wife

Four businesses linked to Akshata Murty revealed to have received investment from much-criticised Future Fund

The Hindu

Digital education gets a boost as 100 children in Chamarajanagar get tabs

Digital education in govt. schools in Chamarajanagar strengthened with Rotary Panchsheel Mysuru, Infosys, and district admin's support. 100 tablets worth ₹20 lakh distributed to 100 students from 50 schools. 43 tribal students to benefit from intensive crash course for SSLC. INTACH Mysuru inspected heritage school building for renovation. Infosys to…

The Hindu

Andhra Pradesh CM Jagan inaugurates Infosys facility, says he will shift to Vizag in December

Andhra Pradesh CM Jagan Mohan Reddy inaugurated Infosys Development Centre (IDC) in Visakhapatnam, expressing confidence in its potential to become a tier-1 city. He also announced his plan to shift to Vizag by December. He acknowledged Infosys' support in developing the city's IT landscape and creating employment opportunities. He highlighted…

The Hindu

Mayor, GVMC commissioner inspect works at IT SEZ ahead of Andhra Pradesh CM Jagan Mohan Reddy’s visit

Mayor G. Hari Venkata Kumari inspected the arrangements for Chief Minister Y. S. Jagan Mohan Reddy’s visit scheduled to be held on October 16.

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Investors Business Daily

Infosys Earnings Meet Estimates, Stock Falls On Weak Revenue Outlook

Infosys reported fiscal Q2 profit that met views while revenue edged by estimates. INFY stock fell on weak fiscal 2024 revenue guidance.

Evening Standard

Rishi Sunak’s wife Akshata Murty earns more than all Labour MPs combined after fresh £6.8 million dividend

Rishi Sunak’s wife Akshata Murty has now earned more than the combined parliamentary salaries of all Labour MPs in 2023 as she is poised to collect another £6.8 million dividend.

The Guardian - UK

Rishi Sunak’s wife Akshata Murty to wind down venture capital fund

Catamaran caused controversy because of taxpayer-funded support for startups in which it had invested

Fortune

Accenture, Infosys are among companies using AI to vet applicants in job interviews

Accenture, Infosys, and other companies are using an AI skills assessment platform to vet candidates for customer service roles.

The Hindu

Jayadeva Satellite Centre at K.C. General Hospital completes 1,000 angiograms in less than a year

The 50-bed satellite centre of the Sri Jayadeva Institute of Cardiovascular Sciences and Research (SJICSR) at K.C. General Hospital, inaugurated in October last year, has crossed a milestone by completing 1,005 angiograms as on Saturday, September 23.

The National (Scotland)

'Aye, right': Scots react as UK 'software' brands Scotland a 'region of England'

“SCOTLAND is a region in England.” At least, if the UK Parliament’s official website was to be believed ...

Investors Business Daily

Infosys Stock Trying To Close In On Key Technical Measure

A Relative Strength Rating upgrade for Infosys ADR shows improving technical performance. Will it continue?

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