Infosys CEO drew Rs 24.67 crore pay package in FY19

Parekh, who joined Infosys in January 2018, received Rs 6.07 crore in fixed salary and Rs 10.96 crore in bonus, incentives and variable pay in 2018-19.

from Tech-Economic Times http://bit.ly/2JTJfoW

IBS to acquire Canadian aviation software major

The acquisition is an integral part of Thiruvananthapuram-headquartered IBS’ growth strategy to become the leading technology provider to the airline industry worldwide.

from Tech-Economic Times http://bit.ly/2YF5kLX

SpringPeople teams up with Oracle to offer its range of software training

The demand for enablement on emerging technologies has grown by over 500% since 2017.

from Tech-Economic Times http://bit.ly/2WRvz13

Mind completely occupied with Mindtree acquisition; will make it a big firm: A M Naik

L&T had proposed to buy additional stake in Mindtree through an open offer that was slated to begin on May 14 and close on May 27.

from Tech-Economic Times http://bit.ly/2Wc3cxG

Google to shut down Jump virtual reality platform in June

The company is telling users to download their data before it shuts down the video stitching platform completely, Engadget reported

from Tech-Economic Times http://bit.ly/2VBRRma

Krishna Sudheendra to be the new CEO of UST Global

Sajan Pillai, the outgoing CEO, will remain on the company's board of directors and be involved for the next one year with Krishna for successful transition.

from Tech-Economic Times http://bit.ly/2WRhJvQ

Delhi HC disposes off ShareChat's lawsuit after Helo changes design & user interface

Helo protectively changed its user interface, login screen, categories and sub-categories on the platform.

from Tech-Economic Times http://bit.ly/2LPS8lX