Infosys to hire 20,000 graduates this year amid AI push
'We recruited over 17,000 people (gross hiring) in the first quarter and plan to bring in about 20,000 college graduates this year,' The Times of India quoted Parekh.
Parekh said the company is focusing on artificial intelligence and workforce development to stay ahead. Infosys has so far trained nearly 2.75 lakh employees in AI and digital technologies at different levels.
Talking about the role of AI in operations, Parekh said, 'AI allows for deeper automation and insights,' but added that it also demands 'higher-level skills and more effort.' He said Infosys remains focused on growing its workforce and building long-term strength in both talent and technology.
Also Read: Over 100 sacked Infosys employees petition PMO, IT giant rejects charges: Report
Infosys is 'deeply focused on AI transformation'
He said, 'We've been deeply focused on AI transformation — whether it's building AI agents or developing smaller language models internally.'
Parekh added that software development productivity has improved by 5 to 15 percent with AI. He said larger improvements have been seen in areas like customer service and knowledge work.
At the same time, he stressed that human involvement is still essential for complex systems. 'Infosys Finacle, our banking platform, delivers around 20% productivity improvement by blending automation with human oversight,' he said.
On salaries, Parekh said Infosys had completed its appraisal cycles for the fourth quarter and the first quarter of the last financial year.
'Now that this cycle is complete, we are beginning to evaluate the timing for the next round—as we do after every cycle. We will stick with our existing process and announce the next cycle at the right time,' he added.
Also Read: 'No longer with company': What Infosys said on employee held for filming woman in washroom
The hiring update comes just days after rival company Tata Consultancy Services (TCS) announced it would cut more than 12,000 jobs. This is the biggest layoff seen in the Indian IT sector so far.
No other major IT firm in India has reported job cuts on this scale in the current financial year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
an hour ago
- India Today
Ajit Doval arrives in Moscow amid Trump's fresh tariff threat for Russia oil buys
National Security Adviser Ajit Doval has arrived in Moscow for a visit focused on strengthening India's defence and energy ties with Russia. The visit comes as the United States raises concerns over India's ongoing oil trade with President Donald Trump recently criticised India for continuing to buy Russian oil while staying neutral on the Ukraine conflict. He also warned of possible trade tariffs on Indian to a TASS report, the visit is part of a planned schedule and will focus on defence cooperation between India and Russia. "The current escalation of the geopolitical situation will also be discussed. Apart from that the topics will include such pressing matters as supplies of Russian oil [to India]," the source said. Earlier, on Monday, the Ministry of External Affairs issued a statement rejecting criticism from the US and EU over India's imports of Russian oil, calling it unjustified. The ministry noted that Western countries had earlier supported such trade to help stabilise global energy markets and continue to engage in trade with Russia Moscow, Doval is expected to hold talks on defence industry cooperation. Discussions may include the possible purchase of more S-400 missile systems, setting up maintenance infrastructure in India and exploring options for acquiring Russia's Su-57 fighter visit is seen as part of India's effort to follow an independent foreign policy and maintain its partnerships based on national External Affairs Minister S. Jaishankar is also scheduled to visit Russia on August 27 and 28. His visit will focus on defence, energy, and trade discussions. Jaishankar will meet Russian Foreign Minister Sergey Lavrov to discuss bilateral and international issues. He will also meet Russian Deputy Prime Minister Yury Borisov to co-chair the India-Russia Inter-Governmental Commission on Technical and Economic Ministry of External Affairs has said that India's relations with Russia are based on mutual understanding and should not be judged by other countries.- EndsMust Watch IN THIS STORY#Russia
Deccan Herald
an hour ago
- Deccan Herald
Bengaluru: Aster DM Healthcare to invest Rs 580 crore on 500-bed hospital in Yeshwanthpur
Bengaluru: Healthcare provider Aster DM Healthcare on Tuesday announced a Rs 580-crore investment to develop a 500-bed multi-specialty hospital in Yeshwanthpur. This new facility will be Aster's fifth hospital in Bengaluru, bringing its total bed capacity in the city to 2,580 new hospital is expected to be operational in the second half of FY Azad Moopen, founder and chairman, Aster DM Healthcare, said, 'The Yeshwanthpur hospital marks a significant milestone in Aster DM Healthcare's India growth strategy, especially in a vibrant and rapidly evolving healthcare market like Bengaluru. With this addition, we are expanding our capacity in the city to 2,580 beds—making it one of the largest private hospital networks in a single Indian metro.'.'Equip maxillofacial surgeons in govt hospitals'. 'Over the next few years, we aim to significantly increase our presence across South India by entering new cities and strengthening our footprint in existing ones,' he added.. Yeshwanthpur caters to a catchment of nearly 3–4 million people, with growing demand for advanced tertiary healthcare services.
The Hindu
an hour ago
- The Hindu
Don't give China pass, burn relationship with 'strong ally' India: Nikki Haley
The U.S. should not burn its relationship with a 'strong ally like India' and give a pass to China, Indian-American Republican leader Nikki Haley said on Tuesday (August 5, 2025), amid President Donald Trump's attacks against New Delhi over tariffs and purchases of Russian oil. 'India should not be buying oil from Russia. But China, an adversary and the number one buyer of Russian and Iranian oil, got a 90-day tariff pause," Ms. Haley said in a post on X. "Don't give China a pass and burn a relationship with a strong ally like India,' she said. Ms. Haley, the former Governor of South Carolina, was the U.S. Ambassador to the United Nations under Mr. Trump's first presidential term, becoming the first Indian-American to be appointed to a cabinet-level post in the U.S. administration. In 2013, she officially announced her candidacy for the 2024 presidential election and withdrew from the race in March last year. Her comments came hours after Trump said India has not been a "good trading partner" and announced he will raise tariffs on India 'very substantially over the next 24 hours' because New Delhi is buying Russian oil and "fueling" the "war machine". India on Monday mounted an unusually sharp counterattack on the US and the European Union for their "unjustified and unreasonable" targeting of New Delhi for its procurement of Russian crude oil. New Delhi's response came after Trump asserted that Washington will substantially raise tariffs on goods from India over its energy ties with Russia. Meanwhile, Trump, in an interview with CNBC responded to a question on China and its leader, Xi Jinping, and said, 'We have a very good relationship'. Trump added that he might have a meeting with the Chinese President 'before the end of the year, most likely, if we make a deal." He said he won't have a meeting if a deal doesn't materialise. "But we're getting very close to a deal. We're getting along with China very well.' Trump added that China is 'very reliant" on the US. 'My relationship with them is very good. I think we'll make a good deal. It's not imperative, but I think we're going to make a good deal.' He added that he has had a 'great relationship' with President Xi. 'We respect him a lot. They respect us a lot.'
