Tag: Infosys

News highlights – 24 August 2017

News highlights – 24 August 2017

Written by on August 25, 2017 in News with 0 Comments

News highlights for 24 August 2017 Apple to build data centres in Iowa, with incentives (Reuters) – Apple Inc will build a $1.375 billion data center in Waukee near Des Moines, Apple and Iowa officials said on Thursday, with $207.8 million in incentives approved by the Iowa Economic Development Authority. Read more… Samsung CEO Lee […]

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News highlights – 20 August 2017

News highlights – 20 August 2017

Written by on August 21, 2017 in News with 0 Comments

News highlights – 20 August 2017 Elon Musk among AI, robotics company founders warning against killer machines Time is running out to put a ban in place against the development of killer robots, warns an open letter signed by 116 founders of robotics and artificial intelligence companies, including Elon Musk. Read more… BlackBerry rally derailed […]

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Infosys shares tumble after CEO, Vishal Sikka, resigns

Infosys shares tumble after CEO, Vishal Sikka, resigns

Written by on August 18, 2017 in News with 0 Comments

(Reuters) – India’s No. 2 IT Services company Infosys Ltd ┬ásaid Vishal Sikka had resigned as managing director and chief executive of the company with immediate effect, sending shares tumbling more than 7 percent in early trading on Friday. The move comes after a protracted war of words between the company and its founders and […]

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News highlights – 25 June

News highlights – 25 June

Written by on June 26, 2017 in News with 0 Comments

News highlights for 25 June Google to stop scanning Gmail for creating targeted ads (Reuters) – Alphabet Inc’s Google said on Friday it would stop scanning Gmail content for creating personalized ads from later this year, bringing the widely-used email service in line with its enterprise offering, G Suite. Read more… Under pressure, Western tech […]

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Infosys to hire 10,000 Americans to avoid H-1B visa issue

Infosys to hire 10,000 Americans to avoid H-1B visa issue

Written by on May 26, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Infosys Ltd, the India-based computer services giant, on Wednesday touted its new strategy to hire and train 10,000 American workers over the next two years at the company’s annual leadership meeting in San Francisco. Infosys is the largest employer of workers under the U.S. H1-B visa program for skilled workers, which […]

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Technology service companies dip after H-1B visa slowdown announced

Technology service companies dip after H-1B visa slowdown announced

Written by on March 7, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Technology services company shares dipped on Monday after the Trump administration announced it would temporarily suspend expedited applications for H-1B visas widely used by foreign tech workers. U.S. shares of Indian IT company Infosys Ltd fell 1.2 percent and Wipro Ltd edged down 0.2 percent after the U.S. Citizenship and Immigration […]

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News highlights – 16 October

News highlights – 16 October

Written by on October 17, 2016 in News with 0 Comments

News highlights for 16 October Dozens of US lawmakers request briefing on Yahoo email scanning WASHINGTON (Reuters) – A bipartisan group of 48 lawmakers in the U.S. House of Representatives on Friday asked the Obama administration to brief Congress “as soon as possible” about a 2015 Yahoo program to scan all of its users’ incoming […]

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India’s IT outsourcers looking at Obamacare to rev up revenues

India’s IT outsourcers looking at Obamacare to rev up revenues

Written by on July 8, 2015 in News with 0 Comments

MUMBAI (Reuters) – India’s IT outsourcing firms are betting on U.S. President Barack Obama’s healthcare reform to rev up revenue growth which is slowing as the $146 billion industry’s key financial and manufacturing clients spend less on software services. The United States is the biggest market for the outsourcing industry, which is dominated by Tata […]

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