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The Latest Breaking News from Infosys

Govt. will withdraw benefits to firms that failed to provide jobs to land losers: M.B. Patil

Large and Medium Industries Minister M. B. Patil on Tuesday told the Legislative Assembly that the government would take strict action including withdrawal of incentives to the industries that have failed to provide jobs to land losers despite availing incentives and subsidies from the government including allotment of land.

The Hindu

Infosys blamed for Bank of America data breach

Bank of America data breach was a supply chain attack, the victim says, as it offers two years of ID theft protection to its customers.

TechRadar

The chilling soulless cruelty of Rishi Sunak is the stuff of nightmares

Another week, another personal nadir for the PM. And now his smirking face has spilled over into my dreams

The Guardian - UK

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Rishi Sunak Accused of Giving 'VIP Access' To Indian IT Firm Infosys

A new report has emerged which reveals that the UK trade minister helped Rishi Sunak's wife-linked Indian IT firm Infosys get better access to trade deals for ease of business in the UK.

International Business Times UK

Sunak faces fresh Infosys scrutiny as minister accused of giving it ‘VIP access’

Dominic Johnson told firm owned by PM’s wife’s family he would ‘do what he could’ to help grow it in UK

The Guardian - UK

Technology can help in enabling access to judicial services at finger tips: Nandan Nilekani

Nandan Nilekani discusses how technology can enable access to judicial services and simplify legal processes in India.

The Hindu

The deepening embrace between tennis and technology

The use of technology, such as Hawk-Eye and analytics, has transformed tennis and improved decision-making in the sport.

The Hindu

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Bachchan, Ambani, Adani and Tendulkar… who’s who from all fields to attend Ram temple inauguration

India's elite, including Amitabh Bachchan, Mukesh Ambani, and Sachin Tendulkar, have been invited as state guests for the Ram temple consecration.

The Hindu

Infosys Stock Shows Market Leadership; Shares Jumped Recently

A Relative Strength Rating upgrade for Infosys stock shows improving technical performance.

Investors Business Daily

Young people have "enormous responsibility to work very, very hard" - tech titan doubles down on his call for employees to work punishingly long hours

Infosys co-founder Narayana Murthy asks workers to be extremely productive, says he worked up to 90 hours/week.

TechRadar

India's TCS, Infosys See Revenue Dips On Client Spending Cuts

Indian IT giants TCS and Infosys both signalled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector.

International Business Times

Narayana Murthy warns about deepfake video of him endorsing trading apps

Infosys founder Narayana Murthy on Thursday flagged that there are deepfake pictures and videos of him circulating on social media, cautioning users “to not fall prey” to such information and to report such instances to the concerned authorities.

The Hindu

Microsoft Believes Indian Tech Firms Will Play A Key Role In AI Development, Adoption Globally

The world's largest vendor of computer software, Microsoft is working with India's IT and ITeS companies in multiple markets to facilitate AI implementation.

International Business Times UK

Australian government spent $52m more on welfare calculator after finding a more effective alternative

Services Australia paid Infosys almost $200m over four years before technology was written off as a failure

The Guardian - AU

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The Hindu

Why didn’t NRN question waiver of industrialists’ loans asks Mahadevappa

Minister Mahadevappa criticizes Murthy for opposing freebies, questions why he didn't question PM Modi when loans of industrialists were waived. Constitution stands for uplifting downtrodden, Mahadevappa says govt schemes helping 1.32 crore families move towards self-reliance. He questions Murthy's silence, says he should've asked for money to be used for…

The Guardian - AU

Coalition plan to privatise visa processing to be subject of new inquiry

Announcement comes after revelation Infosys had 46 meetings with lobbyist Scott Briggs to discuss bid for IT work

The Hindu

Should Indians work longer hours?

A discussion on Narayana Murthy’s suggestion that Indians should work at least 70 hours a week

The Hindu

Letters to The Editor — November 1, 2023

Readers’ mail to The Hindu’s Letters to the Editor

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The Hindu

Putting Infosys founder Narayana Murthy’s ‘70-hour work week’ idea into perspective | Data

Infosys founder N.R. Narayana Murthy recently suggested young Indians work 70 hours a week, sparking debate. Time Use Survey 2019 data shows urban Indians aged 15-29 work 8.5 hours a day. Murthy pointed to Germany and Japan. But India's informal workforce raises questions about comparison. It's important to consider if…

Fortune

Infosys founder Narayana Murthy wants young workers to have a 70-hour work week—and thinks it should be a matter of national pride

"India has received certain respect," Murthy said, saying that young Indians needed to "work very hard" to help the country reach its potential.

The Hindu

Narayana Murthy’s suggestion of 70-hour work week draws flak across board

Narayana Murthy's suggestion of 70-hr work week for India's development draws flak from techies, HR professionals, trade unions. It is seen as exploitation, illegal, and would lead to mass exodus & high attrition.

The Hindu

Former MLA Vishnu Kumar Raju seeks release of pending incentives to IT companies

Former MLA P. Vishnu Kumar Raju demanded the government of Andhra Pradesh to release ₹21 crore funds which were supposed to be given to 86 IT companies as incentives.

The Guardian - UK

Sunak’s Covid startup fund invested nearly £2m in firms linked to his wife

Four businesses linked to Akshata Murty revealed to have received investment from much-criticised Future Fund

The Hindu

Digital education gets a boost as 100 children in Chamarajanagar get tabs

Digital education in govt. schools in Chamarajanagar strengthened with Rotary Panchsheel Mysuru, Infosys, and district admin's support. 100 tablets worth ₹20 lakh distributed to 100 students from 50 schools. 43 tribal students to benefit from intensive crash course for SSLC. INTACH Mysuru inspected heritage school building for renovation. Infosys to…

The Hindu

Andhra Pradesh CM Jagan inaugurates Infosys facility, says he will shift to Vizag in December

Andhra Pradesh CM Jagan Mohan Reddy inaugurated Infosys Development Centre (IDC) in Visakhapatnam, expressing confidence in its potential to become a tier-1 city. He also announced his plan to shift to Vizag by December. He acknowledged Infosys' support in developing the city's IT landscape and creating employment opportunities. He highlighted…

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