Login

News Post

Will support whatever regulations, guidelines come: Infosys CEO Parekh on draft K'taka reservation bill

YourStoryYourStory · 3m
Will support whatever regulations, guidelines come: Infosys CEO Parekh on draft K'taka reservation bill

Infosys CEO, Salil Parekh, has stated that the company will comply with any regulations and guidelines issued by the Karnataka state government regarding proposed reservations for locals in private firms. The Karnataka State Employment of Local Candidates in the Industries, Factories, and Other Establishments Bill, 2024, has received criticism from business leaders and tech tycoons who argue that it could force companies to relocate. Similarly, a similar bill introduced by the Haryana government was struck down by the Punjab and Haryana High Court in 2023. Industry veterans have called the proposed quota 'fascist' and 'short-sighted', while others have emphasized the need to balance local employment with attracting skilled talent in the tech industry.

1
View Source

Comments

More Like this

Infosys chairman Nilekani says GenAI has enormous potential, plays down risks

Infosys chairman Nilekani says GenAI has enormous potential, plays down risks

“Exploitative” IT firm has been delaying 2,000 recruits’ onboarding for years

“Exploitative” IT firm has been delaying 2,000 recruits’ onboarding for years

Strong client interest on GenAI; don't foresee layoffs within Infosys from new-age tech: CEO Salil Parekh

Strong client interest on GenAI; don't foresee layoffs within Infosys from new-age tech: CEO Salil Parekh

Dates changed but everyone with offer will join: Infosys CEO on 2022 batch onboarding delays

Dates changed but everyone with offer will join: Infosys CEO on 2022 batch onboarding delays

Infosys keen on acquisitions in data analytics, SAAS segments, says CEO Salil Parekh | Mint

Infosys keen on acquisitions in data analytics, SAAS segments, says CEO Salil Parekh | Mint

Infosys poised to regain its No.2 rank as quarterly revenue edges past Cognizant

Infosys poised to regain its No.2 rank as quarterly revenue edges past Cognizant

Infosys resorted to this old hack to stem its top-level exodus: Promotions

Infosys resorted to this old hack to stem its top-level exodus: Promotions

YouTube keeps a close watch on Broadcasting Bill, ‘analysing it’, says Neal Mohan, CEO

YouTube keeps a close watch on Broadcasting Bill, ‘analysing it’, says Neal Mohan, CEO

Enterprise AI to take several years to unfold, working on 225 Gen AI programme: Nilekani

Enterprise AI to take several years to unfold, working on 225 Gen AI programme: Nilekani

Citing overlaps, experts seek rejig of Digital Competition Bill

Citing overlaps, experts seek rejig of Digital Competition Bill

Download the medial app to read full posts, comements and news.