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Pro-Kannada activists created massive violence in parts of Bengaluru over signboards, which they demanded should be in the local language.
In a recent setback for IT services giant Infosys, a $1.5 billion agreement centered on artificial intelligence (AI) solutions with an undisclosed global company has been terminated, as revealed in a stock exchange filing on Saturday. Infosys, in its statement, noted that the global company opted to terminate the Memorandum of Understanding, and consequently, the parties will not be pursuing the Master Agreement., Companies News, Times Now
The pay hikes, which are typically effective from April 1, will now be effective November 1, 2023 instead, said a report
American Depository Receipts (ADRs) of Infosys fell nearly 3 percent overnight on the news of Roy's exit.
"Nilanjan Roy, Chief Financial Officer and Key Managerial Personnel has resigned from the services of the Company. His last date with the Company would be March 31, 2024," Infosys said in a filing on Monday.