| Infosys Technologies Limited Related news |
No relief for Infosys despite $34-mn US visa settlement
Posted on 13th May 2014 |
.jpg) |
Despite having paid a hefty sum of $34 million to settle a US visa misuse case last year, Infosys, India’s second largest information technology (IT) services company, will have to retain an independent third-party auditor at its expense to review its visa compliance until 2015. As part of the settlement with the US authorities, the independent auditor will be responsible for annually reviewing and reporting on Bangalore-based company’s compliance relating to Form I-9, a type of employee documentation. |
|
|
|
|
|
Indian IT companies like TCS, Infosys and Wipro tap Africa’s new-fangled fad for technology
Posted on 10th May 2014 |
.jpg) |
BANGALORE: India's top software services companies are investing big in Africa, eager to win customers and market share in a continent that is home to fast-growing enterprises and under-developed technology infrastructure. Lured by the growth potential of African economies and their burgeoning interest in technology, companies such as Tata Consultancy Services, Infosys and Wipro are fast expanding their employee base and delivery centres in a market that was earlier viewed as a low-cost , near-shore delivery location to serve large outsourcing customers in Europe and West Asia. |
|
|
Indian IT companies to tap big business in Europe; up hiring plans
Posted on 9th May 2014 |
.jpg) |
BANGALORE/ MUMBAI: With European corporations emulating their American counterparts to make outsourcing mainstream , Indian software companies are tapping into a rich new vein of opportunity and are hiring and looking for acquisitions to grow in the continent. |
|
|
Infosys downgrade takes toll on markets
Posted on 8th May 2014 |
.jpg) |
Weighed down by IT stocks, Indian benchmark indices slipped nearly 1% on Wednesday. The Sensex ended down 184.52 points at 22,323.90, while the Nifty dropped 62.75 points to 6,652.55, their three-week and six-week lows, respectively. |
|
|
|
|
|
|
|
|
.jpg)
