Tag Archives: Infosys

Infosys, one of India's leading IT giants, has terminated 195 more trainees from its Mysuru campus, citing their failure to clear the company’s internal assessment test. This move adds to a growing list of terminations, with around 800 trainees impacted since February this year. The decision was confirmed through official emails dated April 29, which highlighted that despite additional preparation time, doubt-clearing sessions, mock assessments, and multiple attempts, these trainees did not meet the qualifying criteria in the company’s ‘Generic Foundation Training Program’.

In a recent development, Infosys has reportedly terminated the employment of over 240 trainees for failing to pass the company's internal assessment tests, according to a report by The Times of India. This move follows a similar action taken last month when 40 trainees were let go for the same reason. The terminations also come on the heels of an earlier round in which approximately 350 trainees were dismissed from Infosys' Mysuru campus in Karnataka, following extended delays in their onboarding process.

Infosys, India's leading IT services company, has terminated the employment of at least 30 to 45 trainees at its Mysuru campus on Wednesday (March 26) after they failed to meet internal assessment criteria, according to a report by MoneyControl.

Shark Tank judge and Emcure Pharmaceuticals Executive Director Namita Thapar questions the push for excessively long work hours, emphasizing the importance of work-life balance.

IT major Infosys has informed its employees that it will introduce “system interventions” to ensure compliance with its hybrid work policy, mandating at least 10 days of work from the office each month. The changes, set to take effect from March 10, 2025, were communicated through an internal email sent by functional heads, as reported by The Economic Times.

Bengaluru: IT giant Infosys has come under fire after reportedly laying off nearly 700 freshers from its Mysuru campus, according to claims made by the IT employees' union, Nascent Information Technology Employees Senate (NITES). The terminations have sparked widespread outrage on social media, with netizens expressing shock and sympathy for the affected employees.

Infosys, the tech giant, has announced a significant performance bonus for eligible employees for the second quarter ending in September. Junior and mid-level employees in the company’s delivery and sales verticals stand to receive a performance bonus of up to 85%, to be paid alongside their November payout.

Tata Group and Infosys have once again emerged at the forefront of Brand Finance's latest report on the most valuable Indian brands for 2024. The annual India 100 report, compiled by Brand Finance, assessed over 250 Indian brands across various sectors including IT, hospitality, automotive, and retail.

In a disclosure from Infosys, India's second-largest software maker, it has been revealed that CEO Salil Parekh's compensation for fiscal year 2024 totaled a staggering 662.4 million rupees ($7.9 million). This places him among the highest-paid Indian IT chiefs currently leading major tech firms.

Bengaluru, March 31, 2024: Infosys Ltd, one of India's leading IT services companies, has announced that it anticipates a refund of ₹6,329 crore from the Income Tax Department. This revelation comes after the company received orders for assessment years spanning from 2007-08 to 2018-19 during the quarter.