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Infy, TCS, Cognizant violating H-1B norms: US


US accuses TCS, Infosys of violating H-1B visa norms

The US has accused top Indian IT firms TCS and Infosys of unfairly cornering the lions share of H-1B visas by putting extra tickets in the lottery system, which the Trump administration wants to..
Deccan Herald

Cognizant CEO gets $12 million pay package in 2016

Cognizant —which has a large part of its 2.21 lakh-strong workforce in India — had posted a 4.3 per cent decline in net profit to $1.55 billion in 2016.

Wipro sheds several hundred on 'performance' grounds

The move comes on the heels of larger rival Cognizant, which has about 75% of its employees in India, initiating a process of eliminating 6,000 jobs, which represents over 2% of its total workforce.

Trump to sign executive order on reform of H-1B visa system

US President Donald Trump is set to sign an executive order that would tighten the process of issuing the H-1B visas and seek a review of the system for creating an "entirely new structure" for..
Deccan Herald

KIIT on Track to Achieve 100% Placement for 2017 Batch

*Business Wire India*Mood is upbeat in KIIT University since the initial phase of the campus placement programme as most of the B.Tech students of 2017 graduating batch from Schools of Engineering have..
Business Wire India

Infy to ramp up local hiring in US amid visa concerns

IT major Infosys plans to focus more on local hiring in the US and is also looking at setting up development and training centres in the country as part of its efforts to tide over visa-related..
Deccan Herald

Visa clamp, stronger rupee, automation hit Infy numbers in Q4

The performance of information technology (IT) bellwether Infosys in the latest quarter signals that it is going to take a lot for the domestic IT sector to survive the headwinds of a restrictive visa..

Infosys to return Rs 13k cr to shareholders, Q4 nos disappoint

Infosys, Indias second-biggest software exporter, today announced plans to return Rs 13,000 crore from its cash pile to shareholders after it reported an almost flat net profit in the March quarter and..
Deccan Herald

Infosys Q4 net grows marginally to Rs 3,603 crore

Though India's second largest IT company Infosys on Thursday reported a muted growth of 0.2% in its net profit at Rs 3,603 crore for the fourth quarter ended March 31, the company announced that it..
Deccan Herald

Sportskeeda announces appointment of Samarth Sharma as Chief Ideation Officer @ 4/11/2017 10:52:44 AM

Sportskeeda, Chief Ideation Officer, Hewitt Associates, Cognizant, Deutsche Bank, TransUnion, entertainment sportskeeda.
DNA Also reported by •Business Wire India

ABN AMRO Clearing selects Cognizant as strategic partner

"This (partnership) will enable AACB to increase operational resilience and application availability, enhance speed and agility in managing market volatility, and lower capital investment and operating..

Share buybacks may rise despite raging bull market

The recent share buybacks by IT companies including Cognizant and Tata Consultancy Services (TCS) have raised hopes that the trend of companies buying their shares from the public is here to..

InterContinental Hotels Group Expands Footprint in South West Asia

*Business Wire India*InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies announced the opening of the Holiday Inn Chennai OMR IT Expressway. The 202 room hotel marks..
Business Wire India

Nasscom plays down latest H-1B visa memo, says likely to have 'little impact'

IT industry body Nasscom today said the US' latest memo on H-1B visas would have "little impact" on Indian IT firms as they have already started applying for visas for higher-level specialised..

RV College of Engineering (RVCE) & Cisco Launch Centre of Excellence In Internet of Things

  *RV College of Engineering* *(RVCE)* and *Cisco* today announced the launch of a *Centre of Excellence (CoE)* fin Internet of Things (IoT) to give the next generation of students the digital..

Infy shareholders approve new AoA, pay hike of COO Pravin Rao

Infosys today said its shareholders have approved the proposal to adopt a new Articles of Association (AoA), bringing in provisions for buyback of shares and appointment of independent..
Deccan Herald

BRIEF-Cognizant names Betsy Atkins and John Dineen to board of directors

March 31 (Reuters) - Cognizant Technology Solutions Corp :

Cognizant opens `Customer Success Centre' in Barcelona

* IT company Cognizant today said it has opened an European `Customer Success Centre' in Barcelona to drive client digital transformations with Salesforce platform.

HCL Technologies board approves share buyback worth Rs 3,500 crore

Indian IT major HCL Technologies today said its board has approved a buyback+ up to 3.50 crore shares worth Rs 3,500 crore. With this, HCL Technologies joins the growing list of IT companies that..
BGR India Also reported by •DNA

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