Countries 2nd largest IT firm Infosys has suspended promotion and salary Hike in view of the ongoing Covid-19 pandemic that has claimed over 500 lives in Pan India.The firm said that it will honor all new job offers.
Infosys has reported 6.3% rise in Net Profit in Q4 to Rs 4335 crore for March 2020.
Infosys CEO and MD Salil Parekh said our team has achieved around 93 % remote working and ensuring consistent service delivery to their clients in present situation.
Infosys COO Pravin Rao said the impact caused by Covid-19 since last few weeks of March has led to significant displacement in the operating modal while severely testing future business continuity plan of companies.
Date: 21/4/20.
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