Tech layoffs: Infosys CEO says company is not ‘downsizing’, no job cuts expected
10 months ago

Tech layoffs: Infosys CEO says company is not ‘downsizing’, no job cuts expected

Hindustan Times  

Infosys CEO Salil Parekh said that the company has no plans to cut jobs amid layoffs in the tech industry. Infosys CEO Salil Parekh said that Infosys will not follow the trend of downsizing. "We at Infosys, a very strong and generative AI and over the next several years, we will have more and more people joining us who become experts in generative AI, and we will be serving the world's large organisations," he said. Earlier, Infosys founder Narayana Murthy praised India for adapting global innovations and said that there is still a long way to go to originate new technologies for the country.

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History of this topic

Why your future income is at risk
2 months, 2 weeks ago

Why your future income is at risk

New Indian Express  

The chairman of engineering giant Larsen & Toubro, S N Subrahmanyan, raised a storm. When Infosys founder N R Narayan Murthy spoke about working 70 hours a week, social media got into a tizzy. While the anger among employees will gain much traction due to their sheer size and social media presence, the anger among industry leaders is poorly understood. …

Looking within: Infosys turns to employees for new ideas to be scaled up as business offerings
Trending News
2 months, 3 weeks ago

Looking within: Infosys turns to employees for new ideas to be scaled up as business offerings

Live Mint  

In a first, Infosys Ltd has asked employees to think out of the box and come up with new ideas that can be scaled up and offered to clients as part of a business incubator programme. A core objective of the ‘Be The Next Business Incubator’ programme, which is open to all employees across job levels, locations and subsidiaries, is …

Infosys delays salary hikes, here is when employees will get it
Trending News
2 months, 3 weeks ago

Infosys delays salary hikes, here is when employees will get it

India Today  

Infosys has delayed its annual salary hikes, with employees now getting increments in the fourth quarter of the current financial year. Other IT firms like HCLTech, LTIMindtree, and L&T Tech Services have also skipped salary hikes recently in efforts to manage costs and maintain profitability. MoneyControl reported that the company’s margins improved slightly by 10 basis points thanks to cost-saving …

Infosys defers annual salary hikes to fourth quarter: Report
Trending News
2 months, 3 weeks ago

Infosys defers annual salary hikes to fourth quarter: Report

Hindustan Times  

Infosys Ltd, India’s second-largest information technology services company has deferred annual wage hikes to the fourth quarter of the financial year 2024-25, Moneycontrol reported. Usually the wage hikes are implemented earlier in the year, and the postponement reflects the uncertainty in global demand for IT services, delayed client budgets, and macroeconomic uncertainties, according to the report. Infosys had said on …

Silent layoffs in Indian IT sector affect over 20,000 techies: Which companies cut most jobs?
10 months ago

Silent layoffs in Indian IT sector affect over 20,000 techies: Which companies cut most jobs?

Hindustan Times  

India’s IT sector laid off around 20,000 techies during the calendar year 2023, in a manner known as a “silent layoff,” according to data shared by All India IT & ITeS Employees' Union, as reported by Moneycontrol. A “silent layoff” refers to a situation where employees are let go or have their employment terminated in a discreet or unannounced manner, …

Decoding CEO appointment strategies of Bengaluru's ITES founders
1 year, 3 months ago

Decoding CEO appointment strategies of Bengaluru's ITES founders

Live Mint  

These industry leaders are associated with CEOs of either Infosys or Wipro, the two Bengaluru-based pioneers in the ITES space in India over the past three decades. Wipro, in particular, has seen a CEO change approximately every five years over the past two decades, possibly reflecting a strategy to adapt to changing business needs such as scaling operations, maintaining cost …

Ideas of India 2023 ABP Network Infosys Founder Narayana Murthy Entrepreneurs Advise Rishi Sunak
2 years, 1 month ago

Ideas of India 2023 ABP Network Infosys Founder Narayana Murthy Entrepreneurs Advise Rishi Sunak

ABP News  

NR Narayana Murthy, the founder of Infosys and generally considered to be the “father of India’s IT sector,” offered his take on what young entrepreneurs should do to truly cash in on India’s impetus to become a $10 trillion economy by 2035. Speaking at the ABP Network Ideas Of India summit on Saturday, Murthy said that Indian entrepreneurs today need …

Layoffs alone won’t solve tech’s problems
2 years, 1 month ago

Layoffs alone won’t solve tech’s problems

Live Mint  

The world’s largest tech companies are promising across the board to spend less, new territory for an industry that thrives on perks. Already last year, Facebook parent Meta Platforms Inc. shut down its laundry service for staff, and in January of this year, Alphabet’s Google included more than 30 massage therapists in its first big round of layoffs. Microsoft’s Satya …

Infosys founder Narayan Murthy has this tip to be successful for younger generation
2 years, 3 months ago

Infosys founder Narayan Murthy has this tip to be successful for younger generation

India Today  

There is no secret to success. The same mantra was followed by Infosys co-founder Narayana Murthy who not only built one of India's biggest IT giants but also became one of the biggest influential entrepreneurs in the country. In a recent interview with Money Control, Murthy revealed how much he was devoted to building Infosys which even cost him the …

From ₹10,000 to over $16 billion now: Infosys has much to celebrate
2 years, 3 months ago

From ₹10,000 to over $16 billion now: Infosys has much to celebrate

Live Mint  

New Delhi/Bengaluru: In today’s India where startups are in vogue, it may be hard to imagine that the seven co-founders of Infosys Ltd, now the country’s second-largest IT services provider, were unaware of the term when they embarked on their entrepreneurial journey four decades ago. To celebrate its four decades in the industry, Infosys will have a discussion on Wednesday …

Infosys CEO To Get Rs 80-Crore Salary: Revenue to Return, How Parekh Transformed Company
2 years, 10 months ago

Infosys CEO To Get Rs 80-Crore Salary: Revenue to Return, How Parekh Transformed Company

News 18  

Even as Infosys CEO Salil Parekh got a 43 per cent hike in his total compensation to Rs 71.02 crore per annum in 2021-22, the company has justified the increase in salary saying the firm has achieved industry-leading growth in recent years. Justifying the salary, the company in the report said, “Under Salil’s leadership, the company’s total shareholder return was …

TCS, Infosys Hiring to Go Up This Year: Know What IT Companies Say on Recruitment
2 years, 11 months ago

TCS, Infosys Hiring to Go Up This Year: Know What IT Companies Say on Recruitment

News 18  

IT Hiring in India: Indian IT companies are on a spree to declare the reports of their earnings during the quarter ended March 31, 2022. Both the companies, while declaring their Q4 earnings, have also shared insights on their hiring numbers and have also given estimates on how many employees they are going to hire in the current financial year. …

Infosys Hiring 2022: IT Major to Recruit 50,000 Freshers, Start Salary Hike from this Month
2 years, 11 months ago

Infosys Hiring 2022: IT Major to Recruit 50,000 Freshers, Start Salary Hike from this Month

News 18  

As attrition rates continued to rise amid a robust environment full of demand, software major Infosys said on Wednesday that it has hired 85,000 freshes — both off campus and on campus — in the financial year ended March 31, 2022. Infosys Hiring Infosys hired as many as 54,396 employees for the year, and the company said that it was …

Infosys suspends promotions and salary hikes, freezes hiring, but says no layoffs
4 years, 11 months ago

Infosys suspends promotions and salary hikes, freezes hiring, but says no layoffs

Live Mint  

In the wake of coronavirus, IT firm Infosys said pressure on margins could be visible in near term. However, its CEO Salil Parekh said the company is seeing increased client interest in cloud services. Infosys CFO Nilanjan Roy, through a video conferencing call, said the company has stopped hiring, promotions and salary hikes to manage costs in order to offset …

More pain for mid-senior IT employees as large companies plan further layoffs
5 years, 4 months ago

More pain for mid-senior IT employees as large companies plan further layoffs

India Today  

India's vast Information Technology domain is going through a rough period as most players look to streamline costs and localise their businesses in the US. IT employees in India, especially mid-to-senior level staff, stand the risk of losing their jobs as most firms are likely to lay off over 5-8 per cent of total workforce in upcoming quarters, reported Business …

IT cos to shed 5-10% of mid-level workforce: ex-CFO of Infosys
5 years, 4 months ago

IT cos to shed 5-10% of mid-level workforce: ex-CFO of Infosys

Live Mint  

Information technology companies in the country have no choice but to lay off at least five to ten per cent of their middle-level staff to ward off margin pressure and become more agile, IT industry veteran V Balakrishnan said on Thursday. The former Chief Financial Officer of software giant Infosys Ltd said the companies have no choice because they all …

IT firms may let go of 5-10% of mid-level workforce: ex-Infosys CFO
5 years, 4 months ago

IT firms may let go of 5-10% of mid-level workforce: ex-Infosys CFO

The Hindu  

Information technology companies in the country have no choice but to lay off at least five to ten per cent of their middle-level staff to ward off margin pressure and become more agile, IT industry veteran V. Balakrishnan said on Thursday. “Also, they have to get employees who understand new technologies, they have to get rid of some of the …

After Cognizant, now Infosys is laying off over 10,000 middle, senior level executives
5 years, 4 months ago

After Cognizant, now Infosys is laying off over 10,000 middle, senior level executives

Firstpost  

After Cognizant, now Infosys is laying off over 10,000 middle, senior-level executives Infosys, India’s second-largest IT major, is laying off over 10,000 of its mid, senior-level executives, said a report in Times of India. Besides, the US-based company – which has around two lakh employees in India – would partially exit from content operations business and the move would impact …

Infosys is ‘boring’ but CEO Salil Parekh has big plans
6 years, 4 months ago

Infosys is ‘boring’ but CEO Salil Parekh has big plans

Live Mint  

In this short time, the 54-year-old industry veteran has made two acquisitions, bagged billion-dollar deals, given the digital business the required urgency, appointed new leaders for key verticals, restructured compensation and still found time to meet 95 of the company’s key customers across the globe. He shares an easy rapport with non-executive chairman and co-founder Nandan Nilekani, who, he says, …

Sorry, Mr Nilekani. Boring isn’t good enough for Infosys
6 years, 4 months ago

Sorry, Mr Nilekani. Boring isn’t good enough for Infosys

Live Mint  

Investors are relieved too. As the chart shows, employee attrition has risen in the past three quarters under Infosys’s new chief executive officer Salil Parekh. Note that competitor Tata Consultancy Services Ltd’s margins widened to a 14-quarter high last quarter, on the back of higher growth and gains from a weaker rupee. “A rise in attrition, at a time when …

Exit of CFO MD Ranganath 'irreplaceable loss' for Infosys, says Narayana Murthy
6 years, 7 months ago

Exit of CFO MD Ranganath 'irreplaceable loss' for Infosys, says Narayana Murthy

Firstpost  

Narayana Murthy’s comments assume significance given the protracted stand-off in the past between him and the previous Infosys management over issues of corporate governance and severance package doled out to former executives like Rajiv Bansal New Delhi: Infosys co-founder NR Narayana Murthy today said the exit of the company’s CFO MD Ranganath is an “irreplaceable loss” for the IT services …

CEO Salil Parekh says Infosys ready to invest in tech, skills, sacrifice margins for growth
6 years, 11 months ago

CEO Salil Parekh says Infosys ready to invest in tech, skills, sacrifice margins for growth

Hindustan Times  

Salil Parekh didn’t get much time to settle in after taking over the helm of Infosys Ltd. Salil Parekh is already making tough decisions. “To build the future Infosys, we have to make those investments now,” says Parekh, perched on a couch in the office he clearly hasn’t used much. He’s also on the lookout for “opportunistic things that we …

Infosys learns from Vishal Sikka spat, leaves no room for conflict in contract for new CEO
7 years ago

Infosys learns from Vishal Sikka spat, leaves no room for conflict in contract for new CEO

Hindustan Times  

Infosys Ltd, under chairman Nandan Nilekani, appears to have drawn lessons from the ugly public spat with its first non-founder chief executive to draw a contract with current CEO Salil Parekh that leaves little scope for potential disagreements or legal trouble. Salil Parekh’s contract has a non-compete clause that says he cannot work with eight IT firms for six months …

Salil Parekh set to take charge as Infosys CEO today, co aims to bring back focus on revenue, biz strategy
7 years, 2 months ago

Salil Parekh set to take charge as Infosys CEO today, co aims to bring back focus on revenue, biz strategy

Firstpost  

Infosys, which spent most part of 2017 handling the public standoff between its high-profile promoters and the past leadership, will also announce its third quarter financials on 12 January. New Delhi: Salil Parekh is all set to take charge as Infosys CEO today as the over $10 billion company looks to bring back the focus on revenue growth and business …

Infosys looks to reboot under new CEO after stormy 2017
7 years, 3 months ago

Infosys looks to reboot under new CEO after stormy 2017

Live Mint  

New Delhi: Each new year holds the promise of a fresh beginning. With its new CEO Salil Parekh taking charge on 2 January, Infosys will certainly hope to turn the page in the coming year as it seeks to move on from the year-long, public standoff between its high-profile promoters and the past leadership that kept it in the spotlight …

Infosys' new CEO Salil Parekh 'perfect' choice for leading co, say IT experts; Narayana Murthy extends 'best wishes'
7 years, 3 months ago

Infosys' new CEO Salil Parekh 'perfect' choice for leading co, say IT experts; Narayana Murthy extends 'best wishes'

Firstpost  

Infosys, for the second time, has chosen an external candidate to lead its operations after former CEO Vishal Sikka quit abruptly in August New Delhi: Salil S Parekh’s experience in handling multi-cultural work environment combined with his strong grip on technology and sales make him the perfect choice for leading Infosys, say IT industry experts. Infosys, for the second time, …

Infosys' new CEO Salil Parekh is a good fit, but questions loom on strategy amid disruptive technological change
7 years, 3 months ago

Infosys' new CEO Salil Parekh is a good fit, but questions loom on strategy amid disruptive technological change

Firstpost  

Narayan Murthy has not been effusive in his early welcome for Salil Parekh. In Salil Satish Parekh’s being bypassed for the CEO’s post at global technology consulting giant Capgemini, the co-founder of the Bangalore-based IT services leader has found a near-perfect match for its own CEO slot, given its predicament following the uneasy resignation of former SAP whizkid Vishal Sikka …

Narayana Murthy is happy with Salil S. Parekh’s appointment as Infosys CEO
7 years, 3 months ago

Narayana Murthy is happy with Salil S. Parekh’s appointment as Infosys CEO

Live Mint  

New Delhi: Infosys founder N.R. Narayana Murthy on Saturday expressed satisfaction at the appointment of Salil S. Parekh as the new chief executive officer and managing director of the company. He had a protracted stand off with the previous Infosys management over issues of corporate governance and compensation to former executives, leading to the abrupt resignation of the then CEO, …

Infosys chairman's priorities: Focus on CEO search, new board, strategy
7 years, 7 months ago

Infosys chairman's priorities: Focus on CEO search, new board, strategy

The Hindu  

Infosys Ltd's new chairman said he would focus on finding a chief executive, reconstituting the board and future strategy, seeking to calm investors rattled by the recent shock exit of the firm's CEO over a prolonged row with the founders. Nandan Nilekani, one of Infosys' seven founders and also a former CEO, was named chairman late Thursday as part of …

Infosys' search for new CEO not to be easy as Narayana Murthy's shadow looms large
7 years, 7 months ago

Infosys' search for new CEO not to be easy as Narayana Murthy's shadow looms large

Firstpost  

New Delhi: Infosys’ search for a new chief executive officer may not be an easy one as the pressure of being under the constant scrutiny of the firm’s high-profile founders could see many candidates shying away, said industry leaders and experts. The proxy advisory firm added that in this backdrop, internal candidates “that remain faithful to the old guard” would …

Infosys after Vishal Sikka: Brand seen taking a beating, opening up bigger challenges for successor
7 years, 7 months ago

Infosys after Vishal Sikka: Brand seen taking a beating, opening up bigger challenges for successor

Firstpost  

When issues become as stark as old guard versus new guard, it starts polarising a generation. The staff will be divided too on who was right and wrong As Infosys and its co-founders led by NR Narayana Murthy may be preparing for a lengthy war of words, experts feel the company’s brand is likely to take a hit with the …

No one wins in the Infosys saga
7 years, 7 months ago

No one wins in the Infosys saga

Live Mint  

On 18 August, Infosys CEO Vishal Sikka abruptly resigned. On the morning of Sikka’s resignation—a few hours before it was announced—Mint carried an article on an email from Murthy to a few of his advisers, claiming that three members of Infosys’s board, including co-chairman Ravi Venkatesan, had told him that Sikka was more chief technology officer material than chief executive …

Infosys CEO Vishal Sikka resigns highlights: Company stocks fall steepest in over four years
7 years, 7 months ago

Infosys CEO Vishal Sikka resigns highlights: Company stocks fall steepest in over four years

Firstpost  

5:14 PM Whatsapp Facebook Twitter Experts recommend Nandan Nilekani’s comeback to Infosys ​With Infosys’ first non-founder CEO Vishal Sikka calling it quits, an investor advisory firm favoured Nandan Nilekani — one of the most high-profile founders of the IT firm — being brought back on its board as its non-executive chairman. The Institutional Investor Advisory Services said the Infosys board …

Vishal Sikka's 'moving on' mail to Infosys staff: Journey has been a difficult one due to distractions, says former CEO
7 years, 7 months ago

Vishal Sikka's 'moving on' mail to Infosys staff: Journey has been a difficult one due to distractions, says former CEO

Firstpost  

Vishal Sikka, Managing Director and Chairman, Infosys, wrote a mail to his employees titled Moving On, stating that “earlier today I resigned my position as MD & CEO of Infosys. Three years ago, I started this journey with a calling, to help reshape the company around innovation and entrepreneurship, to deliver breakthrough value for clients, and to help elevate our …

IT industry's plan of creating more jobs not rooted in reality: Head Hunters
7 years, 9 months ago

IT industry's plan of creating more jobs not rooted in reality: Head Hunters

India TV News  

The recent attempts by IT companies such as Infosys and TCS to ease the growing concerns around the industry's capabilities to be a net employment generator, are not rooted in reality, a prominent executive search firm Head Hunters India has said, referring to the announcements by the firms of hiring 20,000 professionals each. "Recently, domestic IT giants, Infosys, TCS, announced …

Infosys refutes reports of large-scale job losses, says will hire 20,000 people this year
7 years, 9 months ago

Infosys refutes reports of large-scale job losses, says will hire 20,000 people this year

Firstpost  

Infosys said the number of layoffs is really 300-400, which is consistent with what we have seen every year New Delhi: IT services major Infosys on Friday said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as “overstated”. The number is really …

IT layoffs: Problem not new, seniors should take pay cuts to save jobs, says Narayan Murthy
7 years, 9 months ago

IT layoffs: Problem not new, seniors should take pay cuts to save jobs, says Narayan Murthy

India TV News  

Infosys co-founder NR Narayana Murthy has batted for a cut in remuneration offered to senior employees to tackle the ongoing crisis of layoffs in the IT sector. Citing Infosys as an example to tackle the layoff problem, Murthy said the company could protect the jobs of youngsters after executives at senior management level took pay cuts. "I have a feeling …

Narayana Murthy asks senior executives to take pay cuts to stop IT layoffs
7 years, 9 months ago

Narayana Murthy asks senior executives to take pay cuts to stop IT layoffs

The Hindu  

IT companies can protect the jobs of youngsters if senior executives take pay cuts, said Infosys co-founder N.R. Giving example of Infosys on how they tackled the layoff problem, Mr. Murthy said the company could protect the jobs of youngsters after executives at senior management level took pay cuts. “I have a feeling that it is possible for us to …

Narayana Murthy asks senior executives to take pay cuts to prevent IT job losses
7 years, 10 months ago

Narayana Murthy asks senior executives to take pay cuts to prevent IT job losses

Firstpost  

The IT industry has dealt with the job loss issue several times in the past, too. One way of protecting the huge job loss, says Infosys co-founder N R Narayana Murthy, is for senior executives to take pay cuts, he said on Wednesday. Giving example of Infosys on how they tackled the layoff problem, Murthy said the company could protect …

Infosys, Cognizant, Wipro lay-offs: Churn in Indian IT is inevitable; there is no need to panic
7 years, 10 months ago

Infosys, Cognizant, Wipro lay-offs: Churn in Indian IT is inevitable; there is no need to panic

Firstpost  

Employers may find younger workers doing more for less if mid-level folks do not match elementary skills with more value. Does a voluntary separation programme or 10,000 people going off the rolls in Cognizant, 2000 heads reduced in Wipro and a maximum of 2,000 foreseen in in Infosys justify such words? Given that Infosys is planning to hire as many …

Not just Cognizant, these IT biggies are considering large scale layoffs too
7 years, 10 months ago

Not just Cognizant, these IT biggies are considering large scale layoffs too

India TV News  

Not just Cognizant, these IT biggies are considering large scale layoffs too Top IT firms Capgemini, Wipro and Infosys are said to be in the process of initiating large scale layoffs amid a slowdown and a shift towards hiring more Americans A day after Cognizant Technologies stirred up quite a storm with reports of the top IT performer considering to …

Look beyond Tata and Infosys
8 years, 1 month ago

Look beyond Tata and Infosys

Live Mint  

The shockers coming out of boardrooms at the Tata group first and Infosys Ltd now, remind us that even the mighty have feet of clay. Post-liberalization, the 1990s was a period of great expectation as companies like Ranbaxy Laboratories Ltd, Samtel Colour Ltd and Arvind Mills Ltd held out the promise of creating a new set of corporate stars. Arvind’s …

Infosys CEO Vishal Sikka urges employees not to get ‘distracted’ by gossip about company
8 years, 1 month ago

Infosys CEO Vishal Sikka urges employees not to get ‘distracted’ by gossip about company

India TV News  

In a midst of reports indicating strains between Infosys founders and the company’s CEO, Vishal Sikka has advised employees not to get distracted by speculations that question the company's commitment to "governance, integrity and values". In an email addressed to the employees of Infosys, Sikka has asked them to keep a "sharp focus" on executing the company's strategy, which is …

Infosys founders raise questions over co governance, CEO Vishal Sikka's salary
8 years, 1 month ago

Infosys founders raise questions over co governance, CEO Vishal Sikka's salary

Firstpost  

For the current year, Vishal Sikka’s yearly compensation has been fixed at $11 million, sharply higher than $7.08 million in 2016 India just witnessed one of the most acrimonious corporate boardroom battle between the Tatas and the group’s ousted chairman Cyrus Mistry in recent times, which grabbed the media attention for past few months. Among various issues that have irked …

Infosys Vishal Sikka warns staff: Road ahead not easy; tech disruption bigger than Trump, note ban
8 years, 2 months ago

Infosys Vishal Sikka warns staff: Road ahead not easy; tech disruption bigger than Trump, note ban

Firstpost  

In his New Year message to the employees, Vishal Sikka, CEO, said by achieving all that they set out to do, Infosys can be a force powering the purposeful evolution of our world. Cautioning Infosys employees that the road ahead is long and not easy, company CEO Vishal Sikka has stressed the importance of automation and warned against “lackadaisical” attitude …

Infosys makeover: How Vishal Sikka is quietly phasing out an NRN legacy
8 years, 10 months ago

Infosys makeover: How Vishal Sikka is quietly phasing out an NRN legacy

Firstpost  

With better salary hikes at Infosys, Sikka may be moving away from a Murthy legacy but is surely steering a major change With Vishal Sikka speeding up the Infosys makeover, another legacy may be dying a slow death at the software major - the philosophy of compassionate capitalism, indicates a report in The Times of India today. However, a report …

Infosys China's CEO optimistic on China's economy
9 years, 9 months ago

Infosys China's CEO optimistic on China's economy

China Daily  

Rangarajan Vellamore, CEO of Infosys China. Editor's note: The first quarter of 2015 is the beginning of China's "new normal" economy, meaning the nation is moving toward a slower, but more sustainable growth rate. During the first three months, China's economic growth fell to a six-year low of 7 percent, buffeted by sharp declines in industrial production and real estate …

Infosys bets on new measures to achieve 2020 vision
9 years, 9 months ago

Infosys bets on new measures to achieve 2020 vision

The Hindu  

Reiterating the ambitious target of Infosys to achieve $20 billion revenue by 2020, Infosys CEO and Managing Director Vishal Sikka said with the strategy of ‘renew and new’, company can achieve it. He also said new initiatives, such as focusing on newer technologies, better employee engagement and the Zero Distance approach, will help the company perform better. Speaking at the …

Infosys moves towards automation, to hire 30000 next fiscal | India TV News
10 years, 1 month ago

Infosys moves towards automation, to hire 30000 next fiscal | India TV News

India TV News  

New Delhi: Information technology giant, Infosys, has announced fresh hiring target for the next financial year. The figure was mentioned by Infosys CEO Vishal Sikka at an investor call earlier this week called to discuss the acquisition of US automation company Panaya, which provides automation technology. The gross hiring of 30,000 people combined with a conservative 16 per cent annualized …

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