STARTUP/TECHNOLOGY
Zoho No To Salary Hikes As AI Costs Soar; Vembu Warns Of Grim Phase
Zoho Corporation will not give its employees their usual annual salary hikes this year, as soaring artificial intelligence (AI) costs, a fourfold increase in server prices and geopolitical uncertainty put pressure on the software company’s business outlook. Zoho co-founder and chief scientist Sridhar Vembu announced the decision in a post on X, acknowledging that the […]
Sajan C Kumar
·
Oct 13, 2026
STARTUP/TECHNOLOGY
US Suspension Of PERM Unlikely To Have Material Impact, Says Infosys
Infosys Ltd, one of India’s largest information technology services companies, has said the US government’s suspension of new and pending applications under the Permanent Labor Certification (PERM) programme is not expected to have a material impact on its operations. In a statement dated October 10, 2026, filed with Indian and US stock exchanges, the company […]
CW Bureau
·
Oct 11, 2026
STARTUP/TECHNOLOGY
Ashiss Kumar Dash Named Infosys CEO Designate, To Replace Parekh
Indian IT major Infosys has announced the appointment of Ashiss Kumar Dash as its Chief Executive Officer (CEO) Designate, setting the stage for a planned leadership transition at India’s second-largest IT services company. Dash will take over as Managing Director & CEO from April 1, 2027, following the completion of incumbent CEO Salil Parekh’s second […]
CW Bureau
·
Jul 23, 2026
