About 76% companies cited AI as fundamental to the success of their organisation's strategy: Infosys
The company has a revenue target of $20 billion by 2020
Infosys' COO says platform-based services can help the company scale up disproportionately
This is the third time that the company has revised its revenue guidance
Infosys CEO Vishal Sikka said the appointment will provide "more bandwidth"
Infosys said it added 77 clients during the three months to December
The company revised for the third time its annual guidance marginally to 8.4-8.8% in the constant currency terms
The stock was trading 1% lower at Rs 994 falling 5% from its early morning high of Rs 1,040 on the NSE
Revenue rose 8.6 per cent to Rs 17,273 crore in the three month period to December
Three brokerages have said the company could cut its revenue growth guidance again in dollar terms
His departure may have been triggered by material events, the proxy firm said, seeking more clarity
Sikka cautions that most of the work done Infosys can already be done with Artificial Intelligence Systems
Experts say technically none of the employees are eligible for severance pay, except Vishal Sikka
They'll be paid a stipend and assessed before taken on payrolls as it faces worst growth in a decade
Wipro, Cognizant had also asked for more land for setting up their campus
Infy plans to use ideaForge's indigenous unmanned air vehicles and the data insights to offer industrial solutions to its global clients
However, he adds that local hiring coupled with next-generation collaboration technologies can help mitigate the impact
Trump had warned of policy changes that would retain jobs for locals, while throwing illegal immigrants out of the US
Finacle offers what it calls frictionless banking that allows users to use their smartphones to open bank accounts
Nifty IT index, the largest gainer among sectoral indices was up 4.6% against 1.17% rise in the Nifty50 at 11:23 am.