Tag: Infosys
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Infosys to train students in US for digital jobs
Bengaluru : Infosys is partnering with the Community College of Rhode Island to set up a digital economy aspirations lab for training students in the US for digital jobs, said the software major on Wednesday. “Our digital innovation and design centre at Providence in Rhode Island will help bridge the gap for design and human-centric…
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Infosys forms JV with Hitachi, Panasonic in Japan
Bengaluru : Global software major Infosys on Friday said it has formed a joint venture (JV) with Hitachi Ltd, Panasonic Corp and Pasona Inc to enhance its presence in Japan. “The company will acquire 81 per cent equity stake in Hitachi’s subsidiary — Hitachi Procurement Service Co Ltd, in which Panasonic and Pasona will be…
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Infosys to create 1,200 jobs in Australia by 2020
Bengaluru : Software major Infosys on Thursday said it will be creating 1,200 jobs and opening three innovation hubs in Australia by 2020 to reduce digital skills gap. “We are creating 1,200 new skilled jobs for graduates and professionals and opening three innovation hubs by 2020 to accelerate digital leadership for our clients in Australia,”…
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Infosys forms JV with Temasek in Singapore
Bengaluru : Indian software major Infosys Ltd on Friday said it has formed a joint venture (JV) with global investment firm Temasek in Singapore to service it and its clients in the digital space. “The JV will integrate our team with that of Temasek’s Singapore subsidiary Trusted Source Pte Ltd, which delivers IT services to…
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India needs to reskill workforce for AI: Infosys co-founder Kris Gopalakrishnan
By Bhavana Akella, Bengaluru : With new technologies disrupting businesses and changing the rules of engagement, India faces a daunting task to reskill its huge workforce for Artificial Intelligence (AI), Infosys co-founder Kris Gopalakrishnan says. “India has a major challenge of transitioning its young workforce to the fourth industrial revolution called AI after the eras…
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Canadian fund invests $20 mn in Nilekani promoted firm
Bengaluru : Canadian institutional fund CDPQ on Thursday said it had invested $20 million in Indian venture Fundamentum, promoted by Infosys co-founder Nandan Nilekani and Helion founder Sanjeev Agarwal. “La Caisse de depot et placement du Qurbec (CDPQ) joins Fundamentum board by investing $20-million (Rs 130 crore) in its first growth fund,” said the city-based…
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Infosys to open tech hub in US, hire 1K Americans
Bengaluru : Global software major Infosys on Thursday said it will soon open a technology and innovation hub in the US state of Connecticut and hire about 1,000 American workers by 2022. “We will open our next technology and innovation hub at Harford in Connecticut and hire 1,000 American workers in the state by 2022,”…
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India needs more angel investors: Infosys co-founder
Gandhinagar : Unlike in developed countries, start ups in India do not grow due to lack of enthusiasm from angel investors, Infosys co-founder Kris Gopalakrishnan said here on Saturday. “In countries like the US, there are almost five angel investors per start up. In India, however, there is hardly one angel investor for five start…
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Democratising the job market for engineering graduates
By Sanjiv Kataria, When Infosys founder N.R. Narayana Murthy says the trend of stagnation of starting salaries for software engineers for six to seven years is “worrisome”, we should be nervous. What does it imply for the job market? It’s only a handful of engineering graduates who get six-digit dollar offers. As you look beyond…
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Increasing automation, Infosys spat disrupted India’s IT industry
By Fakir Balaji, Bengaluru : The resilient Indian IT industry, which has been going through challenging times on multiple fronts, faced disruption in 2017 from increasing automation and the boardroom spat in software major Infosys spilling into the public domain. Though the $150-billion (almost Rs 10 trillion) software sector reconciled to single digit export growth…