For Jesty Bastin, Saturdays begin earlier than a normal workday and its not for work. 5.30 am: Wake up. 6.30 am: Review study material and prepare for test paper. 8.30 am to 5.30 pm: Back-to-back lectures and test papers towards Masters in Science degree from Mysore University. 5.30 pm: Home with weekly assignments and test papers plus a full workweek starting Monday.In 2006, after graduating in BSc Electronics, Jesty joined IBM India. To everyones surprise, a university rank holder, instead of going for higher studies opted to work, but accompanying the IBM offer was a degree thrown in, that of an MS at the end of four years whilst being a full-time permanent employee.
The grind though has been similar week after week for the past three years with one more to go, but the sleepless nights and long days will bear fruit in 2010 when Jesty will have a MS degree and fours years professional experience at IBM thus being two years ahead of her peers with a similar degree.Why work-study programmesStudying while working is not a new concept. Many organisations have been facilitating such arrangements but IT companies have taken it to the next level.
IT majors TCS, Wipro, Infosys, IBM have all ventured in to this arena which also serve their purpose, being highly dynamic they require a continuous learning and skill development mindset from their employees. Additionally, during the days of a hot job market, when there was a crunch for talent, companies preferred to hire fresh graduates and train them on the job.Many IT firms have forged alliances with various institutes. IBM for instance has tied up with Mysore University to provide employees with the study (or MS in this case) component of the deal.
IT majors hire graduates who meet the requirements of the organisation and can handle work and academics together. These companies have simultaneously tied up with institutes such as BITS Pilani, IIT-M, IIM-B to provide young employees a Master degree programmes or certified diploma courses.Some trendsettersTCS for one has alliances with institutions such as IIT Chennai, Jadavpur University, West Bengal and Sastra University. Under these tie-ups, TCS offers courses such as ME, MTech and MCA. Ajoy Mukherjee, VP & head, Global HR, TCS, said, Our employees can pursue higher education with institutes like Jadavpur University, West Bengal for ME (software engineering) and MTech with IIT Madras.
MCA programme is also offered by Sastra University, which is especially for science graduates who join the firm under the TCS Ignite programme. Mukherjee added, TCS pays the entire course fee that the employees take up. In addition they are entitled to full salary and all emoluments.Infosys has partnered with IIM-B since 2005 for post-graduate programme in software enterprise management (PGSEM) which is equivalent to MBA and is the most coveted of all its programmes. Infosys can sponsor a certain number of its employees, who are selected by IIM-B through their rigorous selection process. The duration of the programme is 2.5 years and classes are conducted in IIM-B campus.
The purpose of this higher education scheme is to enable talented individuals to acquire skills required for future roles, the company stated. Infosys also has tie ups with BITS Pilani and other IIMs and in addition organises comprehensive 6-month training programme at its Global Education Centre in Mysore for trainee new joiners. This residential programme enables their transition to the corporate world and prepares them with the required behavioural attributes.Meanwhile, Accenture has a tie-up with XLRI for an HR training academy focusing on the HR needs of the IT and BPO industries.
Infosys Careers India
It provides graduates seeking careers in HR with skills geared to these industries. Apart from this, the firm has tied up with Indira Gandhi National Open University (Ignou) for BPO diploma programme. Recently, IBM has also signed an MoU with Ignou wherein Ignou and IBM India would partner to impart teachings on IT standards in emerging verticals like healthcare, financial services and retail that have a significant growth potential, and also technical training in open source software skills and open standards, with live projects.While the benefits of a work-study programme are many, a huge effort is needed on behalf of both the sponsoring organisation and the partner institute to not dilute the quality or integrity of the programme being imparted to employees. This could happen for several reasons; the first priority of faculty at premier academic institutes is naturally their mainstay programmes on campus and due to paucity of resources and time these additional alliances may get ignored in the bargain.
Additionally, IT organisations that are chasing double-digit growth targets may put these initiatives on the back burner during a crunch time.
Contents.History Infosys was established by seven engineers in, with an initial capital of $250 in 1981. It was registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated its office to Bangalore, Karnataka, India.The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was later renamed to Infosys Limited in June 2011.An initial public offer in February 1993 with an offer price of ₹95 (equivalent to ₹510 or US$7.20 in 2018) per share against book value of ₹20 (equivalent to ₹110 or US$1.50 in 2018) per share was undersubscribed but it was by US investment bank, which picked up 13% of equity at the offer price. Its shares were listed in stock exchanges in June 1993 with trading opening at ₹145 (equivalent to ₹790 or US$11 in 2018) per share.Its shares were listed on in 1999 through route. The share price surged to ₹8,100 (equivalent to ₹26,000 or US$360 in 2018) by 1999 making it the costliest share on the market at the time. At that time, Infosys was among the 20 biggest companies by market capitalization on the NASDAQ.
The ADR listing was shifted from NASDAQ to NYSE Euronext to give its European investors better access to its stock. Infosys Q3 net profit rises 23.7% to Rs 4,466cr in the month of january 2020 even after all the whistleblower complaints which was not proven after investigation. Infosys,Its annual revenue reached US$100 million in 1999, US$1 billion in 2004 and US$10 billion in 2017.In 2012, Infosys announced a new office in, Wisconsin, to serve, being the 18th international office in the United States. Infosys hired 1,200 United States employees in 2011, and expanded the workforce by an additional 2,000 employees in 2012.In April 2018 Infosys announced expanding in, Indiana.
The development will include more than 120 acres and is expected to result in 3,000 new jobs—1,000 more than previously announced.In July 2014, Infosys started a product subsidiary called, focusing on enterprise software products for business operations, customer service, procurement and commerce network domains. In August 2015, the Global Banking Solutions assets were officially transferred from Infosys and became part of the product company product portfolio.
Products and services Infosys provides software development, maintenance and independent validation services to companies in finance, insurance, manufacturing and other domains.One of its known products is which is a universal banking solution with various modules for retail & corporate banking. Main block in campusInfosys has 82 sales and marketing offices and 123 development centres across the world as of March 31, 2018, with major presence in India, United States, China, Australia, Japan, Middle East and Europe.In 2019, 60%, 24% and 3% of its revenues were derived from projects in North America, Europe and India, respectively.
Remaining 13% of revenues were derived from rest of the world. A building in campus Shareholders (as of 30 June 2017)Shareholding012.75%Foreign institutional investors (FII)037.47%016.70%Individual shareholders009.83%, and insurance companies011.24%008.97%Others003.04%Total100.00%Employees Infosys had a total of 243,454 employees at the end of December 2019, out of which 37.8% were women. Out of its total workforce, 229,658 are software professionals and remaining 13,796 work for support and sales. In 2016, 89% of its employees were based in India.During financial year 2019, Infosys received 2,333,420 applications from prospective employees, interviewed 180,225 candidates and had a gross addition of 94,324 employees, a 4% hiring rate. These numbers do not include its subsidiaries.The attrition rate of Infosys Ltd., including its subsidiaries, for financial year 2019 was 21.5%. Training centre in Mysuru. The Development Centre in campusAs the world's largest corporate university, the Infosys global education centre in the 337 acre campus has 400 instructors and 200+ classrooms, with international benchmarks at its core.
Established in 2002, it had trained around 1,25,000 engineering graduates by June 2015. It can train 14,000 employees at a given point of time on various technologies.The Infosys Leadership Institute (ILI), based in, has 96 rooms and trains about 400 trainees (called Infoscions) annually. Its purpose is to prepare and develop the senior leaders in Infosys for current and future executive leadership roles.The Infosys Training Centre in Mysuru also provides a number of extracurricular facilities like tennis, badminton, basketball, swimming pool and gym.CEOs Since its establishment in 1981 till 2014, the CEOs of Infosys were its promoters, with leading the company in its initial 21 years. Dr Vishal Sikka was the first non-promoter CEO of Infosys who worked for around 3 years. Dr Vishal Sikka resigned in August 2017.
In a personal note to board colleagues, Sikka cites a 'drumbeat of distractions' and 'false, baseless, malicious and increasingly personal attacks' as his reason for leaving Infosys. Many sources suspect this is in reference to a long running feud with Infosys Founders over the new direction Sikka was reportedly taking Infosys. After his resignation, UB Pravin Rao was appointed as Interim CEO and MD of Infosys. Infosys appointed chief executive officer (CEO) and managing director (MD) of the company with effect from January 2, 2018.
Parekh, current CEO & MD CEOsNamePeriod1981 to March 2002March 2002 to April 2007April 2007 to August 2011August 2011 to July 2014August 2014 to August 2017(interim)August 2017 to December 2017January 2018 onwardsAwards and recognition. In 2019, Infosys was ranked as the 3rd Best Regarded Company in the World by Forbes. In 2017, HfS Research included Infosys in Winner's Circle of HfS Blueprint for Managed Security Services, Industry 4.0 services and Utility Operations. In 2013, Infosys was ranked 18th largest IT services provider in the world by HfS Research. In the same year, it was ranked 53rd in Forbes list of World's Most Innovative Companies. In 2012, Infosys was ranked No. 19 amongst the world's most innovative companies.
In the same year, Infosys was in the list of top twenty green companies in 's Green Rankings for 2012. In 2006, included Infosys into Hall of Fame for being the winner of Best Presented Accounts for 11 consecutive years.Controversies Accusation of visa fraud in the USAIn 2011, Infosys was accused of committing by using (visitor) visas for work requiring (work) visas. The allegations were initially made by an American employee of Infosys in an internal complaint. He subsequently sued the company, claiming that he was harassed and sidelined after speaking out.
Although that case was dismissed, it along with another similar case, brought the allegations to the notice of the US authorities – and the and a started investigating.In October 2013, Infosys agreed to settle the civil suit with US authorities by paying US$34 million. Infosys refused to admit guilt and stressed that it only agreed to pay the fine to avoid the nuisance of 'prolonged litigation'. In its statement the company said 'As reflected in the settlement, Infosys denies and disputes any claims of systemic visa fraud, misuse of visas for competitive advantage, or immigration abuse. Those claims are assertions that remain unproven'.Displacement of American workers at Southern California Edison and DisneyIn 2015, the began an investigation of Infosys after claims were made that the company used workers with H-1B visas to replace workers at. The investigation did not find any wrongdoing. See also. From the original on 2 December 2017.
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Infosys Training Study Material Downloads For Windows 7
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