Infosys opens new technology and innovation hub in North Carolina Posted on 23rd August 2018 |
.jpg) |
| Bengaluru: Infosys said it has opened technology and innovation hub in North Carolina, taking it to three such hubs in the US. The company inaugurated its Technology and Innovation Hub in Raleigh on Wednesday (August 22). The other two were set up in Indianapolis and Connecticut recently. “Supported by academic institutions in North Carolina and around the country, the hub allows Infosys to co-locate, co-innovate and co-create alongside our clients and build on our passion for creating the next generation of top US technology talent through world-class education and training. We are delighted to establish our presence here in North Carolina, which is already home to a highly skilled technology workforce and strong higher education ecosystem and thank Governor Roy Cooper for his support,” Salil Parekh, chief executive officer, Infosys, was quoted in the statement. The Bengaluru-headquartered software services major had announced last year that it would hire up to 10,000 Americans and set up as many as four technology and innovation hubs in the US. Since the spring of 2017, Infosys has hired more than 4,700 Americans. This includes the nearly 500 new recruits from North Carolina itself. The shift in strategy is part of the tech major's changed approach under the Donald Trump administration and its "Americans first" policy. The North Carolina Hub, located at 7751 Brier Creek Parkway in Raleigh, would help Infosys work more closely with clients in the region to develop cross-functional solutions to pressing business challenges in such areas as machine learning, artificial intelligence, user experience and advanced digital technologies, including big data and cloud, said the company in a statement. The hub will also train, upskill and re-skill Infosys and client employees in the technologies required to help American businesses accelerate their digital shifts. |
|
|
|
|
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
.jpg) |
Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
|
|
Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
.jpg) |
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
|
|
LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
.jpg) |
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
|
|
Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
.jpg) |
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
|
|
World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
.jpg) |
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
|
|
|
|
| Be the first person to write a business review for Infosys opens new technology and innovation hub in North Carolina |
|
|
|