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The Latest Breaking News from Infosys

Confident Son-In-Law Will Do Best For UK, Says Infosys' Narayana Murthy On Rishi Sunak

The 42-year-old former chancellor, a devout Hindu, was comfortably in the lead, having secured the public backing of over half the 357 Tory MPs – way above the 100 minimum required to make the shortlist. Read on for details:

Dynamite News

Sunak will do his best for Britain, billionaire father-in-law says

Rishi Sunak will do his best for Britain when he takes over as prime minister on Tuesday, said his father-in-law, Indian billionaire N.R. Narayana Murthy, the founder of software giant Infosys.

Reuters

The UK Has A New PM Who’s Literally Richer Than King Charles III That’s Just Fab For Democracy

The UK has a new PM and he and his wife are richer than King Charles III. So what do we know about Rishi Sunak's wealth and how rich he is?

Pedestrian.tv

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How family financial affairs almost derailed Rishi Sunak’s rise to the top

The non-dom status of Mr Sunak’s wife prompted questions as the cost of living soared.

The Independent UK

Sunak, UK's next PM, gets cheers from unlikely place: India

Rishi Sunak, the former British Treasury chief who won the race to be leader of the Conservative Party and is likely to become the country’s next prime minister, is getting cheers from an unlikely place: India, its former colony

The Independent UK

Who is Rishi Sunak’s wife Akshata Murty?

Believed to be richer than the late Queen, the 42-year-old daughter of Indian IT billionaire NR Narayana Murty captured the heart of Britain’s chancellor during their time at Stanford University

The Independent UK

Who are Rishi Sunak’s in-laws? The Indian entrepreneurs wealthier than the Queen

The personal story of Narayan Murthy, ‘the Steve Jobs of India’ and father-in-law to the UK’s former chancellor and likely next PM, mirrors his country’s own path to becoming a successful global IT hub

The Independent UK

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Rishi Sunak to become UK’s first Hindu prime minister

Richmond MP lost out to Liz Truss this summer but his dire economic warnings about her ‘fairy tale’ tax policies have been entirely vindicated by her disastrous and short-lived reign

The Independent UK

Infosys allows employees to take up external gig work

BENGALURU: Infosys is allowing its employees to take up gig work outside their day jobs that would be a gamechanger for the Indian IT industry.

The Times of India

'Moonlighting is 'cheating', cannot be encouraged: Karnataka IT Minister Ashwath Narayan

NEW DELHI: Throwing weight behind IT heavyweights such as Infosys and Wipro who are opposing the concept of moonlighting, C N Ashwath Narayan – Karnataka’s minister for IT, Electronics Skills Development -- has said that paid freelancing beyond office work hours is "literally cheating” and professionals wanting to do that…

The Times of India

Ex-Infosys president Ravi Kumar to join as president for Cognizant Americas

BENGALURU: Former Infosys president Ravi Kumar S is joining as president of Cognizant Americas effective January 16 next year. Kumar, who quit Infosys after a two-decade career with the company last week, would be overseeing a $13 billion business at Cognizant.

The Times of India

Sensex, Nifty rebound sharply amid firm global trends

MUMBAI: Equity benchmarks sensex and Nifty ended over 1 per cent higher on Friday, helped by heavy buying in Infosys and banking stocks amid a rally in global stock markets.

The Times of India

Infosys does not support dual employment; have fired violators in last 12 months: Salil Parekh

NEW DELHI: India's second largest IT services company Infosys on Thursday made it clear that the company does not support moonlighting and said it has fired employees who were into dual employment over the last 12 months.

The Times of India

Infosys Q2 net profit jumps 11% to Rs 6,021 crore; announces share buyback of Rs 9,300 crore

NEW DELHI: IT service major Infosys on Thursday reported 11% jump in consolidated net profit for the second quarter ended September 30.

The Times of India

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The Times of India

Infosys president Ravi Kumar S resigns after 20 years with firm

BENGALURU: After a long period of stability in its top management, Infosys has seen a major exit. Ravi Kumar S has resigned as president effective Tuesday, the company said in a stock exchange filing.

The Times of India

Infosys president Ravi Kumar resigns, says company

NEW DELHI: IT services major Infosys on Tuesday said that president Ravi Kumar S has decided to resign from his post with immediate effect.

The Times of India

Former US hiring executive sues Infosys over biases

BENGALURU: Infosys is facing an age and sex bias suit in the US by a former VP of talent acquisition, Jill Prejean, after she alleged that the IT firm discriminated and retaliated against her.

The Hindu

While changes are taking place to develop industries beyond Bengaluru, there is a need to fast-track them, says Union Minister Joshi

Union Minister for Parliamentary Affairs, Coal and Mines Pralhad Joshi said that while changes were happening to develop industries ‘Beyond Benglauru’, there was need for fast-tracking the changes in tune with the pace of technological advancements and developments across the globe.

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The Hindu

A small dip in one academic year should not be treated singularly and with pessimism: Ashwath Narayan

Government has taken many steps aimed at bridging the digital divide between urban-rural, and government-private institutions

The Hindu

Online Dispute Resolution is a great example of social engineering: Nandan Nilekani

He was addressing students at the convocation of the National Law School of India University

The Times of India

Mcap of six of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards

NEW DELHI: Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid weak trend in equities.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 16, 2022

The Hindu

Infosys shoots off stern missive to staff on moonlighting; no two-timing, it warns

Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time

The Times of India

Sensex gains over 500 points in early trade; Nifty above 17,650

MUMBAI: Equity benchmark sensex climbed over 500 points in early trade on Friday, tracking gains in index-heavyweights Titan, Wipro and Infosys amid a firm trend in global markets.

The Times of India

'There will be blood on streets': Why Big Tech companies are laying off staff

NEW DELHI: After years of rapid expansion, a trend of freeze in hiring and layoffs has been observed among startups and major tech companies. So far, around 150 US-based companies have laid off over 37,000 people in 2022. Most layoffs were reported in June with 75 US-based tech companies laying…

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