Infosys, Bharti tie-up for DTH TV services | http://airtel.in/digitaltv

India’s top mobile operator Bharti Airtel Ltd said on Wednesday it had tied up with Infosys Technologies to deliver its direct-to-home (DTH) television service.

As part of the agreement, Infosys will provide technology products that will help Bharti to offer digital and interactive applications on its DTH TV service.Bharti launched its DTH satellite TV service on Oct. 9, initially in 62 cities.

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Airtel Launches DTH Service

Infosys registers for biggest group life insurance cover worth Rs 24,000 from LIC

Infosys Technologies Ltd has subscribed India’s biggest-ever group life insurance policy worth Rs 24,000 crore, from Life Insurance Corporation of India (LIC), covering around 97,000 employees of the organization.

With the latest initiative, Infosys will cover all its employees with the insurance cover ranging between Rs 20 lakh and Rs 80 lakh per employee. The policy also has an accident cover of Rs 10 lakh.

However, the company didn’t disclose the premium amount, but according to sources, it will pay around Rs 200 per month at the highest level per employee.

The company said in an official statement, that 40% of its employees are from the lower income group, and the company wants to offer social security to all its employees. The company had increased the total sum insured to Rs 11,792 crore in 2007, from Rs 7,981 crore in 2006.

Infosys had 35 deaths in fiscal 2006-07, for which the total claim was Rs 4.5 crore, while in 2007-08 there were 36 deaths and the claim amount was Rs 8.24 crore.

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TCS vs INFOSYS | An Honest Comparison

TATA CONSULTANCY SERVICES

Experience Certainty.
“This is something that our clients already know; now we are letting the Cat out of the Bag”
Vision: “To be Global Top 10 by 2010″

INFOSYS TECHNOLOGIES LTD

Win in the Flat World.
“The competition has been leveled, the world is flat”

These are the two leading Indian IT companies that are set to lead the IT world globally. Both are basically “Computer Services Companies” even though they have their own Products like “Infy Finacle” and “TCS Quartz”.

Even though they compete in the same area, Even though they have many common clients,
Even though they do a lot of similar work, these two are totally different in the way they work, their policies, the way they see the clients/employees, the way they handle projects.

TCS is a 39 year old $4 billion company compared to Infosys which is 25 year old $3 billion company. Let’s compare from two perspectives:

1) Customer
2) Employee

1) Customer
As a Customer to these two companies, you won’t find much differences. Both deliver things on time, both deliver code of same quality etc. But TCS may be a bit cheaper than Infosys, but latter may guarantee more quality for that price.

2) Employee
As an Employee, one can see a lot of differences.

1) Work Pressure
This is the first and foremost thing an employee looks for. Here obviously TCS scores. You will rarely see people slogging in TCS whereas there is no Infy without Slogging. Of course this difference to certain extent comes from some extra quality things that are done at Infy, but still TCS do not mind saying “No” when it’s difficult. Infy manager rarely has the world “No” in their dictionary.

Note: No matter what facilities a company provides, if the workload is high, your life will be miserable.

2) Remuneration
Infy have a well defined compensation policy. They have increments every year and everything follows proper process. At the end, TCS guy too have the same salary, but there are no processes as such. One good thing about TCS is their Variable pay is less compared to infy i.e. TCS gives what they promises but Infy may not.

Infosys is a company that loves to make Employees pay tax. In a way, Infy is more patriotic.
TCS is more practical and loves to be in the side of employees.

3) Infrastructure
Well, this point, don’t even think of comparing. They are miles apart. Infosys has world class facilities which only a few companies can boast of. TCS infrastructure is pathetic say even it is Buildings, Computers, Internet, Transport or Food courts. Computers @ TCS are generations behind.

4) Security
“Too much security” is an apt phrase for TCS. It is good from customer point of view, but very very bad from an Employee point of view. You need to get lot of permissions to login to a system and need a lot of access to make it working. Half your life will go in TCS raising tickets or you will become too lazy that you will stop using some of the facilities instead of raising tickets. Life is so much better at Infy where things are “Hare paced’ not “Tortoise paced” like TCS processes.

5) Work Culture
Infy has a lot of team building activities, cultural programs etc from the HR side where as a TCS guy will see an HR only when he is in bench. But sometimes the Infy activities end up treating a lot of pressure which finally ends up in dissatisfaction which was actually intented Employee satisfaction. But Infy do score here.

6) Ethics
Infy is really a company with a conscience. It is very transparent and manages things in a beautiful way. It is indeed the “BEST MANAGED COMPANY”. TCS has to go a long way in this to achieve this level of Transparency even though they are trying.

7) Initiatives
There are a lot of initiatives that happens in Infy like for example “The Ozone initiative”. It aims at reducing the paper usage. Infy will never use paper unless it’s very necessary. “Online” rules Infy.

In TCS, one can see paper paper every where. Even for a survey, they don’t have a proper “Survey” tool, which in turn leads them to the Manual paper survey which not only leads to inefficiency but also it wastes lot of paper, which in turn wood, which in turn trees, which in turns harms the Nature.

Btw, sometimes i do prefer certain things in Paper.

Then there are very active Bulletin Boards, Writer’s Forums etc in Infy which you will never find in any another company.

8) Brand Name
Infy shows the ordinary things as Extra ordinary. That is their way of Branding while TCS was not bothered about branding till now as they had a strong Backbone from “TATA”. Now they have realized the importance of branding and they have started a good campaign for better branding.

9) Code Quality Vs Documentation
Code Quality is the keyword of TCS while Infy will bore people with the word “Documentation”. Even though the word “Documentation” is boring, it is very important in the long run.

10) Average Age
Average age of employees in Infy is much less than that of TCS. TCS runs mainly with Experienced people where as Infy is a “Fresher” driven company making it more like college.

11) Processes
Too many Processes spoil the Code. This happens only in Infy.

Each company has its Prons and Cons. It’s the Employee who should decide what they want.

samsung

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After Tatas, Infosys may also rethink on West Bengal plans

Amid Tatas continuing to suspend work at their Nano plant in Singur, IT major Infosys on Monday said it is watching the developments closely and will reconsider its plans in West Bengal if needed.

Infosys’s views followed Tata Motors’ announcement earlier in the day that they would keep work suspended at the Nano plant as they were “distressed” at the limited clarity on the outcome of talks between the state and agitators to end the protest disrupting the low-cost car project.

Reacting to the developments, Infosys’ board member and human resources chief Mohandas Pai said, “Singur has created a fear in the minds of India Inc. We are watching the development very closely.”

“We have neither pulled out nor planning to. We will rethink and reconsider the situation if need be,” he added.

Earlier in the day, a private TV channel reported that Infosys was having a rethink over its plans in the state in the wake of Singur controversy.

“Singur has happened and we have seen what the impact is. It is very sad what has happened in West Bengal… People are scared, employees are scared… It is causing a rethink at this point of time, as is for all companies in India,” channel quoted Pai as saying.

He said fear element was high in the state and anyone not agreeing with the government could create a problem.

“We have seen what is happening there and obviously there is a fear psychosis. We are watching and waiting to see what will happen finally,” Pai said, adding, “it will take some time for anybody to come to a conclusion.”

Tata Motors on Monday sought to know from West Bengal the actual position concerned over Trinamool leaders’ claim that land would be given back from inside the main project site.

However, the government ruled out any change related to plant of Tata Motors or other vendors.

India’s Infosys to buy Axon Group in all-cash deal

Infosys is all set to buy UK based Axon group for 407 mn euros(753.10 Million). The deal is to be completed by November 2008. The UK based Axon Group is into consultancy services.

Infosys said the acquisition would “accelerate the achievement of some of Infosys’ current strategic corporate objectives, including the continued expansion consulting capabilities”.

Axon Group has 2000 employees. The Q1 revenue for Axon was 204.5 mn pounds in 2007. The profit after tax for the same period was 20.2 mn pounds. According to sources in Infosys, transfer of ownership will be completed by November.

Ahead of the announcement, shares in Infosys, which the market values at $22 billion, ended 0.5 percent higher at 1,703.05 rupees in a Mumbai market that closed up 0.3 percent.

Axon Group is a well known company engaged in the delivery of Business Transformation programmes for large organisations that use SAP as their strategic platform.

It is estimated that Axon Group has revenues of $378.3 million. According to Infosys the Axon group transfer will take place by November.

Commenting on the transaction, the CEO of Infosys, Kris Gopalakrishnan said, “We are excited about this acquisition. The strategic combination of our groups will accelerate the realization of our common aspirations – that of becoming the most respected provider of business transformational services in the global market place. We hold the management and employees of Axon in high regard and look forward to welcoming them to the Infosys Group.”

Axon provides consultancy services to multinational organizations that have chosen SAP as their strategic enterprise platform and has about 2000 employees.

Specializing in the delivery of change through technology-enabled transformation programs, Axon’s consultants bring in-depth industry expertise alongside best practice functional knowledge to address the strategic, operational, information management and organization effectiveness challenges organizations face today.

Founded in 1994, Axon today has offices in the UK, North America, Malaysia and Australia. For the year ended December 31, 2007, Axon reported profit after taxation of £20.2 million (Rs 1.6 billion) on revenues of £204.5 million (Rs 16.6 billion).

A Press conference will by held by Infosys Technologies today at 6:00 PM. More information will be made public in the conference.