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Mail sent by Narayan Murthy to all Infosys staff

1-If you are working more than 9 hr then dont need to join Infosys. 2-If you are working on saturday and sun day dont join infosys (for IT). 3-Whatever time define in your task complete within time. Fire all people who fall in criteria 1,2,3. It’s half past 8 in the office but the lights are still on… PCs still running, coffee machines still buzzing… And who’s at work? Most of them ??? Take a closer look… All or most specimens are ?? Something male species of the human race… Look closer… again all or most of them are bachelors… And why are they sitting late? Working hard? No way!!! Any guesses??? Let’s ask one of them… Here’s what he says… ‘What’s there 2 do after going home…Here we get to surf, AC, phone, food, coffee that is why I am working late…Importantly no bossssssss!!!!!!!!!!!’ This is the scene in most research centers and software companies and other off-shore offices. Bachelors ‘Passing-Time’ during late hours in the office just bcoz they say they’v...

Infosys: Hiring in Indian IT sector to remain slow in 2013

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Hiring activity in the IT sector is likely to be muted this year, Infosys Co-founder and Executive Co-Chairman S Gopalakrishnan has said. "Hiring position seems to be muted this year because many companies still have deep bench (strength), in other words their utilisation rate is still low," he told PTI.  The $100-billion India IT-ITeS sector faced strong headwinds in 2012-13 due to global economic slowdown and muted spending in North America and Europe, which accounts for 80 per cent of Indian IT companies revenues.  Industry-body Nasscom expects a rise in global technology spending and opportunities created through adoption of disruptive technologies to propel growth in FY 2014.  Nasscom expects export revenues of $84-87 billion in 2013-14 fiscal at a growth rate of 12-14 per cent. Exports were estimated to have grown by 10.2 per cent to $75.8 billion in FY 2013.  The Indian IT industry, which contributes about 7.5 per cent to the coun...