Page 45 - It Sector News Today

Infosys has shot off a missive to its employees, asserting that dual employment or moonlighting is not permitted, and has warned that any violation of contract clauses will trigger disciplinary action "which could even lead to termination of employment". 📲 Infosys Warns Its Employees Against Moonlighting; Says Dual Employment Can Lead to Termination.

Infosys said that employees cannot take up other assignments during or outside business hours with taglines ‘No two-timing, no moonlighting.

While moonlighting has existed in the IT sector for a long time, the problem has become acute in the pandemic era as many employees work remotely, freeing them from constant monitoring, experts said.

Amid caution in the Indian IT industry the hiring by top firms surpassed 50,000 mark in Quarter ending June 2022

TCS COO, N Ganapathy Subramaniam outlines top technological trends and thinks moonlighting is “an ethical issue.”

Moonlighting, the practice of taking up jobs and assignments outside one's day job, is often frowned upon by companies and their HR executives. But Business Today spoke to a few IT sector employees to find out that these side-gigs help individuals build strong profiles and increase income streams.

With an objective to address the acute skill deficit in the country, NASSCOM Foundation is working relentlessly to empower over 700 individuals from marginalized communities with digital literacy, delivering life skills and socioemotional skills; job-specific skills, which support the transition into the workforce; and entrepreneurial skills to enable the youth to become self-reliant and future –ready.

Jalona has spent three decades in the IT services sector and as the CEO and Managing Director at Larsen & Toubro Infotech, he led LTI’s digital transformation into a technology and digital solutions company with client-centric innovation.

Arefin Sowrob is a digital entrepreneur, who while working in the IT sector, initiated the Creative Digital Bangladesh, an IT company which provides multiple tech services from web design to digital marketing. Starting from scratch only a few years ago, today Sowrob’s company hires about 150 employees in his organisation. At present, when Sylhet and Kurigram are under the grip

With $4.8 billion in venture capital invested in the industry in 2021, nearly 3 times as much as in 2020, the SaaS market in India has already reached a critical turning point, noted a report by Bessemer Venture Partners.