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The Latest Breaking News from Infosys

A $46 billion rally shows India tech woes easing

NEW DELHI: Optimism is returning for India’s information-technology companies as easing odds of a recession in the US and the emergence of artificial intelligence as a potential new source of revenue drive a rebound in their stocks.

The Times of India

Betting big on Bengaluru

My introduction to Bengaluru (then Bangalore) happened in 1983. I joined Wipro fresh from business school and stayed at the Gautam Hotel. It was ₹70 for a double room. We’d hang out at the Coffee House, The Only Place, The Rice Bowl, and a Chinese rooftop restaurant at Ashoka –…

The Hindu

Technical Education Directorate and Infosys sign deal for sharing learning platform

Technology and digital services firm Infosys and the State’s Directorate of Technical Education have signed an agreement for sharing the Infosys Springboard learning platform

The Hindu

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Why India risks falling way behind in the AI race

India's tech industry is being less than bold in embracing artificial intelligence. It's hoping to create solutions for corporate clients by building on top of somebody else's investment in foundational technologies, hardly a strategy for pathbreaking success.

Bangkok Post

Dear Deputy CM, nice thought, but an elite task force is not what Bengaluru needs

A civic activist explained that as long as task forces or advisory groups are not institutionalised under the law, the members, however influential they may be, cannot bring about any change in Bengaluru

The Hindu

Out-of-touch Rishi Sunak gives $3million to US college as UK schools can't afford basics

Rishi Sunak and his wife donated a huge sum for a computing lab at Claremont McKenna in California, where Akshata Murty studied. The college fees are $86,500 a year for tuition and board

Daily Mirror

In the era of unicorns, there are few takers for Sudha Murty’s brand of simplicity

The author and wife of Infosys founder, N.R. Narayana Murthy, became the butt of a thousand jokes and memes recently after her comments on a TV talk show went viral. Read more on The Hindu

The Hindu

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Infosys founder Narayana Murthy to double private firm’s investments

BENGALURU: The money manager of billionaire Infosys Ltd founder Narayana Murthy will hire professionals and double its $1 billion in investments in the next five years, betting India will emerge as a high-quality manufacturing hub.

The Times of India

Assuring digital trust to your customers in today’s business environment

Vishal Salvi at Infosys discusses how to assure digital trust to your customers in today’s new-age business environment.

TechRadar

Rishi Sunak’s family fortune falls by £200m in Sunday Times rich list

Fall in value of Infosys, in which PM’s wife Akshata Murty holds a stake, drives drop in couple’s wealth

The Guardian - UK

Tesco chair steps down after allegations of inappropriate behaviour; Rishi Sunak and Akshata Murty lost £200m in a year – as it happened

John Allan to stand down after allegations of inappropriate behaviour, while latest Sunday Times rich list shows first fall in the number of billionaires since financial crisis

The Guardian - UK

Akshata Murty: what to know about Rishi Sunak's fashion designer wife

Marie Claire

Akshata Murty net worth | Evening Standard Tech Rich List

Akshata Murty was born into one of India’s most powerful industrial dynasties but is now best known as the wife of Britain’s Prime Minister Rishi Sunak, who she met at California’s Stanford University. Her father Narayana Murthy co-founded the Bangalore based IT services company Infosys and is sometimes hailed as…

Evening Standard

What is Infosys and who owns it? Rishi Sunak remains ‘tight-lipped’ over scheme

The company has been involved in £172m worth of public-sector contracts

Evening Standard

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Daily Mirror

Rishi Sunak's wife loses £49million in ONE DAY as shares in family firm plunge

The Prime Minister’s heiress wife Akshata Murty took a hit to her vast fortune as shares in the Indian IT giant Infosys, which was co-founded by her billionaire dad, dropped in value

Evening Standard

Akshata Murty net worth: How the PM’s wife earned more than the entire Labour party this year

Maddy Mussen digs into the first lady’s finances, which has been revealed to be greater than the entire earnings of the Labour party MPs combined this year alone

The Guardian - UK

Akshata Murty to get almost £6.7m in Infosys dividends

Income of Rishi Sunak’s wife from Indian tech firm to reach £13m for financial year

Evening Standard

Rishi Sunak’s wife Akshata Murty lands £6.7 million Infosys payout

Murty has collected over £20 million in dividends over the past twelve months

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The Times of India

'ChatGPT will not impact human jobs': What Infosys co-founder Narayana Murthy said on AI platforms

NEW DELHI: Infosys co-founder Narayana Murthy said generative artificial intelligence (AI) platforms like ChatGPT will not impact human jobs, reminding that such concerns were expressed with the emergence of "programme generator" in 1977-78.

The Times of India

Meet the SC-appointed expert panel to probe Adani-Hindenburg saga, stock market volatility

NEW DELHI: In latest development to the Adani-Hindenburg row, the Supreme Court on Thursday set up an expert panel comprising 6 members to look into the protection of Indian investors in the aftermath of a damning report by the US short seller.

The National (Scotland)

Rishi Sunak's wife had shares in collapsed firm that received £300k Covid loan

RISHI Sunak’s wife invested in a furniture business that benefitted from nearly £300,000 in taxpayer-funded loans handed out while he was…

The Guardian - UK

Akshata Murty held shares in collapsed firm that had near £300k ‘Sunak’ taxpayer loan

Employees and Lloyds Bank among creditors, after liquidation of firm that benefited from pandemic aid devised by Murty’s spouse, Sunak

The Times of India

Sensex rebounds 377 points, Nifty closes above 17,850 as RBI slows down rate hike

MUMBAI: Benchmark sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes on Wednesday.

The National (Scotland)

Andrew Tickell: Zahawi’s use of intimidatory legal bullying needs to be slapped down

BECAUSE Nadhim Zahawi’s sacking spilled out into the public domain first thing on a Sunday morning, most of the coverage was process-orientated.

The Guardian - UK

Infosys: firm founded by Rishi Sunak’s father-in-law in UK tax dispute

HMRC and the Indian IT services firm disagree over corporation tax bill of about £20m

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