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Infosys strengthens global capability centre practice with new leadership appointment
Infosys is enhancing its global capability centre (GCC) practice by appointing Deval Shah as the new GCC leader. The company aims to capitalize on the rapidly expanding GCC market, focusing on multi-year transformation deals and support for existing centres, as highlighted in an internal note. Recent wins include a significant contract with Lufthansa to establish a GCC in Bengaluru, further solidifying Infosys's commitment to technology transformation in the banking and airline sectors.
Cognizant CEO Ravi Kumar receives 14 percent pay increase to 8.2 million
Cognizant CEO Ravi Kumar's compensation for FY24 has increased by nearly 14%, reaching a total of $8.2 million. The company emphasizes its commitment to ethical reporting and transparency, assuring readers of the integrity and impartiality of its coverage despite potential conflicts of interest.
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