Indian IT giant Infosys slashes yearly growth outlook

[surmabhopali]

Many big publicly listed Tech entities are better off acquiring smaller startups for the technology rather than doing R&D on their own. The core idea is to improve the bottom line and reduce expenses, as 'failed' research is pretty damn wasteful and cannot be justified to stakeholders.



Not even remotely, 2 million is more like the Salary of a CEO/CTO of a Mid level company. IIT graduates doesn't really earn that hyper salary, more like in the range of $150-300K USD.

I'm not from IIT (I have MS and PhD from top tier US university), but I get about $192 K excluding equity, which is little better than my Research assistant professor position in Stanford, where I got $125 K without any equity.

You are right , freshers get roughly 100k annually , after few promotions and seven eight years in job they reach 300 to 400 k annually

 

[surmabhopali]

Come on my friend….Do not be so mean…At lest Bilal found some opportunities to troll India through Infosys news…

He gives a lot of time on Indian matters.

 

[Skull and Bones]

You are right , freshers get roughly 100k annually , after few promotions and seven eight years in job they reach 300 to 400 k annually

Not in my field.

 

[surmabhopali]

Not in my field.

I am not in US , this i came to know from close relations . I do not know ground reality . I visit them every year in april to july .

 

[MilSpec]

Infosys is well established and large enough that it is limited by Western market forces, while the startup circus is being called out.

Perspective: Combined value of just 108 Indian unicorn valuation even today roughly equals the total GDP of Pakistan.

The Indian Unicorn Tracker

Complete list of 108 Indian Unicorns as we achieve yet another milestone. Including founders, total funding and more of Unicorns In India.

inc42.com

As far as infosys is concerned. it has grown at 30% CAGR for more than two decades, if that doesn't ring a bell, nothing will.

 

[Skull and Bones]

I am not in US , this i came to know from close relations . I do not know ground reality . I visit them every year in april to july .

That’s mostly for computer science folks working on AI, Machine learning or Data Science.

I’m a physicist

We get paid very average, I’m glad my family is rich.