Infosys to hire 10,000 Americans, set up 4 tech hubs in US

executive@coastaldigest.com (Agencies)
May 2, 2017

New Delhi, May 2: IT firm Infosys will hire 10,000 Americans in the next two years and open four centres in the US in a bid to woo the Trump administration, which has been critical of outsourcing firms for unfairly taking jobs away from US workers.

visaThe first of the four innovation centres for new technologies like artificial intelligence (AI) and machine learning will open in August in Indiana, the home state of US Vice President Mike Pence. The centre is expected to create 2,000 jobs for American workers by 2021, Infosys CEO Vishal Sikka said.

Infosys, which employs about 2,00,000 people globally, will expand its local hiring in the US as it battles visa curbs imposed by the Trump administration that has made sending engineers to the US costly. The move would also mean increase in labour costs for the company in the US. The location of the other three centres will be decided over the next few months. These hubs will not only train people on technology and innovation but also help in working closely with clients in key industries like financial services, manufacturing, healthcare, retail and energy. The North American market accounted for over 60 per cent of Infosys' USD 10.2 billion revenue in the 2016-17 fiscal. Sikka, however, said these steps were not being taken just to mitigate the impact of stricter visa norms in the US.

He said over the last three years, there has been an increase in the use of new technologies like AI and virtual reality and even the traditional projects are becoming highly automated. "As work becomes more next-gen, you need a more healthier mix of global and local talent and so you need to re-think the traditional, what has historically been called 'global delivery model', and bring in a lot more talent locally," he added. Over the past few weeks, there has been a growing sentiment of protectionism across various markets, including the US, that are seeking to safeguard jobs for locals and raising the bar for foreign workers.

The US had also accused Infosys and its larger rival, Tata Consultancy Services, of "unfairly" cornering the lion's share of the H-1B work visas by putting extra tickets in the lottery system. Every year, the US grants 65,000 H-1B visas while another 20,000 are set aside for those with US advanced degrees. In IT firms' defence, industry body Nasscom had said these two companies accounted for only 7,504 -- 8.8 per cent -- of the approved H-1B visas in 2014-15. At the end of March 2017, Infosys had over 2 lakh people on its payroll. Tech companies use work permits like H-1B visa (in the US) to send engineers to work on client sites.

The tightening of visa norms not only pushes up operational costs for these tech firms but also makes movement of skilled workforce difficult. These companies are now adjusting their business models to reduce their dependence on visas and hiring more locals overseas instead. Sikka, however, declined to comment on the investment and current mix of locals and global hires in the US. Infosys -- which has over two lakh people on its payroll -- has already hired over 2,000 people in the US in the last few years under Sikka.

The 10,000 people that will be hired will include experienced technology professionals and recent graduates from major universities, and local and community colleges. Infosys will also train them on key competencies such as user experience, cloud, artificial intelligence, big data and digital offerings, as well as core technology and computer science skills. Since 2015, Infosys has trained more than 134,000 students, over 2,500 teachers and almost 2,500 schools across America and provided classroom equipment, through Infosys Foundation USA.

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Press Release
January 2,2020

Mangaluru, Jan 2: Shwetha Rasquinha, Assistant Professor and Head of the Department of Social Work, St Aloysius College, Mangaluru, has been awarded Doctor of Philosophy (PhD) degree by the Mangalore University for her thesis titled “Effectiveness of Social work intervention on caretakers of cancer patients- A social work study in Mangalore”.

She did her studies under the guidance of Dr Rameela Shekhar, Professor (Rtd), School of Social work, Roshni Nilaya, Mangaluru.

Ms Shwetha Rasquinha hails from Vittal, D/o Vincent Rasquinha and Late Regina Rasquinha, and is the second person to complete doctoral studies from the Vittal Parish.

Her colleagues and well-wishers have congratulated her for her highest achievement in academics and successful completion of quality research.

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Charles Menezes
 - 
Friday, 3 Jan 2020

Hearty congratulations for your achievements. God bless your mission

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Media Release
March 3,2020

Mumbai, March 3: Mumbai-based Ed tech startup Caymus Tech Ventures has announced inclusion of courses and programs from Harvard Business School, Chicago Booth, Harvard Kennedy School, Harappa Education, The Wharton School, and Stanford Online.

Lore.online users can now discover, compare, and enroll in both online and offline courses and programs including the following:

●  HBS online programs such as Business Analytics, Management Essentials, and Disruptive Strategy.

●  Select courses from the Harappa Habits framework such as Writing Proficiently, Managing Teamwork, and Negotiating Wisely.

●  The Wharton School and Chicago Booth offline executive education offerings, delivered in an face-to-face format, and that touch on topics such as Global Strategic Leadership, Private Equity and Digital Marketing for Executives.

Emerging leaders can tap these offerings to build skills to complement their formal education and experienced professionals can leverage them to hone new age skills required to manage a younger, more globally aware workforce.

Kavita Mehta, Founder CEO, Caymus Tech, says, “Giving our learners the best-fit options has always been our driving factor, which is why we are excited to announce that learners can now access Harvard Business School's highly coveted online programs on Lore and avail quality learning options from anywhere in the world.”

“We are continuously adding quality course providers like INSEAD and Stanford, whose select courses are also live on the platform”, she adds.

Lore.online has also integrated an assessment system in their Learning Pathways, where after undertaking each course, a report is generated which outlines learners technical and non-technical strengths and weaknesses. The platform now also shows open jobs for which a learner can also apply.

Caymus’ enterprise platform LoreForTeams, which was rolled out in Nov 2019, has been updated with additional features.

The new look now comes with a dashboard, new UI for Lore-curated learning lists, discussion features and a personalised learning feed. LoreForTeams, a learning experience platform (LXP), is aimed at working professionals in mid size companies. By adding the LoreForTeams functionality layer, Caymus aims to offer a revolutionary platform for skilling. This segment is seeing tremendous growth as more working professionals look for learning options to upskill themselves and stay relevant in shifting employment and business environments. The global demand for such platforms is north of $200 billion and in India, demand is nascent yet growing and expected to reach $10 billion by 2025.

Kavita Mehta, Founder CEO, Caymus Tech, says, “We heard what our customers and users were telling us. They want a real time view of what their teams are learning, a two way feedback system, and a more focused curation of learning options. Thus, we decided to add these features in LoreForTeams platform so that learning never stops and working professionals continuously find relevant courses to upskill themselves. Our vision is to democratize learning so that everyone has equal access to the best options out there.”

About Caymus Tech Ventures

Caymus Technology Ventures (Caymus) is a Mumbai-based ed-tech start-up focused on bridging the massive skill gap in the global workforce. The Company was founded in 2018 by Kavita Mehta, who earlier led Asia’s leading education consultancy. Caymus, with its expansive, integrated, and holistic perspective, believes in driving empowerment on the bedrock of education, skills, and technology. The Company‘s robust machine learning (ML) and artificial intelligence (AI) powered platforms help recent graduates and experienced individuals identify targeted opportunities for personal and professional development.

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Agencies
July 3,2020

New Delhi, Jul 3: The Delhi High Court on Friday refused to entertain a plea challenging Karnataka government's decision to impose a 25 percent domicile reservation in the National Law School of India University in Bengaluru.

A division bench of Justice Hima Kohli and Justice Subramonium Prasad observed that the impugned law is passed by the State of Karnataka, and the respondent university is also situated in Karnataka.

The court granted liberty to the petitioner to move the appropriate forum with their grievances.

The Karnataka Assembly had passed the National Law School of India (Amendment) Act, 2020 in March this year, which provided a 25 per cent horizontal reservation for students of Karnataka in the NLSIU.

The High Court observed that the main contesting parties in the present case were the NLSIU and the Karnataka Government. As the court did not show any interest in entertaining the plea, the petitioner withdrew the plea.

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