logo
Infosys expands tech ties with Australia's Telstra

Infosys expands tech ties with Australia's Telstra

News1821-07-2025
Agency:
Bengaluru, Jul 21 (PTI) Infosys on Monday announced the expansion of its existing collaboration with Telstra, Australia's leading telecommunications and technology company, here.
Infosys will serve as the strategic partner for Telstra International—the global arm of Telstra—to advance technology leadership, drive innovation, and support Telstra's new Connected Future 30 initiative, according to an official release.
'This collaboration further underscores our commitment to delivering next-generation enterprise solutions that will help Telstra International accelerate innovation and enhance operational resilience," said Raja Shah, EVP and Industry Head, Global Markets, Infosys.
Infosys will adopt an AI-first approach to modernise and streamline critical systems for Telstra International, aimed at enhancing connectivity, driving business growth, and accelerating AI adoption, it added.
Chris Ellis, Head of IT, Software Engineering & IT, Product & Technology at Telstra, called the expanded collaboration with Infosys 'pivotal" for the company.
'It strengthens our focus on world-class product engineering and software excellence—modernising and accelerating how we deliver, scale, and evolve digital experiences," he said. PTI JR SSK
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

HCLTech CEO C Vijayakumar earns $10.85 mn in FY25; more than TCS, Infosys heads
HCLTech CEO C Vijayakumar earns $10.85 mn in FY25; more than TCS, Infosys heads

Mint

time7 minutes ago

  • Mint

HCLTech CEO C Vijayakumar earns $10.85 mn in FY25; more than TCS, Infosys heads

New Delhi, Aug 2 (PTI) HCLTech CEO C Vijayakumar earned USD 10.85 million (about ₹ 94.6 crore) in the financial year 2024-25, making him one of the highest-paid executives in the Indian IT sector and surpassing the earnings of chiefs at larger rivals TCS and Infosys. The company's board has also approved an over 71 per cent increase in his current remuneration to USD 18.6 million (about ₹ 154 crore) for the next financial year, according to the company's annual report. Vijayakumar's FY25 compensation places him ahead of his peers at India's top two IT firms. For the same period, TCS CEO K Krithivasan's remuneration was ₹ 26.52 crore, while Infosys CEO Salil Parekh earned ₹ 80.62 crore. Vijayakumar's earnings also topped those of Wipro CEO Srinivas Pallia (USD 6.2 million or about ₹ 53.64 crore) and Tech Mahindra CEO Mohit Joshi ( ₹ 53.9 crore). According to HCLTech's annual report, Vijayakumar's total remuneration in the fiscal year ended March 31, 2025, comprised a base salary of USD 1.96 million and a performance-linked bonus of USD 1.73 million. The largest portion of his earnings came from long-term incentives, with exercised Restricted Stock Units (RSUs) valued at USD 6.96 million. An additional USD 0.20 million was provided in benefits and perquisites. Vijayakumar, who took over as the CEO in 2016, is based in the US and draws his remuneration from HCL America Inc., the firm's wholly-owned US subsidiary. "Under C. Vijayakumar's leadership, HCLTech's market capitalisation has increased from ₹ 1,15,000 crore on March 31, 2016, to ₹ 4,32,000 crore on March 31, 2025, reflecting a growth of 3.8 times since FY16. Over the same period, the market capitalisation of the other four leading Indian listed IT services firms among the top five has grown by approximately 2.5 times," the company said. The company's board has approved a revised remuneration package for Vijayakumar, effective April 1, 2025. The proposed annual salary is set at USD 18.6 million, marking a 71 per cent increase from his FY25 earnings. The proposed structure significantly increases both fixed and performance-linked components. "The revised compensation acknowledges C Vijayakumar's successful and long-tenured leadership as CEO, recognising his significant contributions to the company's growth and sustained performance over the years," the report said. HCL Technologies posted a 9.7 per cent drop to ₹ 3,843 crore in consolidated net profit for the June quarter, hurt by higher expenses and one-time impact of a client bankruptcy, but raised the lower end of revenue growth outlook for the full fiscal to 3-5 per cent (from 2-5 per cent earlier) on booking expectations in coming quarters. Shares of HCLTech settled 0.98 per cent lower at ₹ 1,452.95 apiece on the BSE on Friday.

Indian Entrepreneur's 80-Hour Workweek Claim Reignites Productivity Debate: 'If You're Not...'
Indian Entrepreneur's 80-Hour Workweek Claim Reignites Productivity Debate: 'If You're Not...'

NDTV

time5 hours ago

  • NDTV

Indian Entrepreneur's 80-Hour Workweek Claim Reignites Productivity Debate: 'If You're Not...'

Reigniting the raging debate about productivity and the number of hours one needs to put in at work, an Indian entrepreneur based in San Francisco has claimed that working over 14 hours a day was the bare minimum. Neha Suresh- an Indian entrepreneur living in San Francisco- shared a video of her working at her desk in her room and her mantra of making it big, which did not go down well with the internet. The entrepreneur stated that if employees or founders were stuck with the regular 9-5 schedule, they were not going to develop a 'world-changing product'. "If you're not spending 14+ hours a day working on your dream you're ngmi. You can't build a world-changing product on 9 to 5 energy. 80-hour weeks aren't extreme. It's baseline," Ms Suresh wrote on X (formerly Twitter). See the viral post here: If you're not spending 14+ hours a day working on your dream you're ngmi. You can't build a world-changing product on 9–5 energy. 80-hour weeks aren't extreme. It's baseline. — Neha (@Neha_Suresh_M) July 31, 2025 'Chill out' As the post went viral, garnering hundreds of likes and comments, social media users pointed out that the hustle of working long hours every day was 'unsustainable' and that she needed to unwind sometime. "Chill out bro, take a walk, have some soup, cuddle," said one user while another added: "I burned out chasing 80-hour weeks. Found I actually build better products when I'm rested and thinking clearly." A third commented: "And extremely unsustainable. Please get some sun, exercise and sleep as well :) You will be surprised how productive that makes you." A fourth said: "My 14 hours are spent on commute and internship. I definitely am not gonna make it then." In India, Infosys co-founder Narayana Murthy has long advocated for a 70-hour workweek. Mr Murthy claims to have followed an intense schedule of 14-hour days, six and a half days a week, throughout his career, where he would arrive at the office by 6:30 am and leave at around 8:40 pm. The former tech boss had earlier said India's young workforce has to embrace hard work if they want the country to realise its full potential on the global stage.

US-based Indian founder calls 80-hour workweek a ‘baseline,' says without 14+ hours a day, 'you won't make it'
US-based Indian founder calls 80-hour workweek a ‘baseline,' says without 14+ hours a day, 'you won't make it'

Time of India

time9 hours ago

  • Time of India

US-based Indian founder calls 80-hour workweek a ‘baseline,' says without 14+ hours a day, 'you won't make it'

Neha Suresh, an Indian entrepreneur in San Francisco, ignited a debate with her tweet about long work hours. Her view on 80-hour weeks drew both support and criticism. Some people admired her dedication. Others questioned the sustainability and impact on mental health. The discussion highlights the ongoing tension between hard work and well-being in today's work culture. Tired of too many ads? Remove Ads The Internet Weighs In: Passion or Pressure? Tired of too many ads? Remove Ads Old Argument, New Voices: Is Long-Hour Hustle the Only Way? Is It Really the Hours Tired of too many ads? Remove Ads Founders Can Grind, But What About Teams? The Middle Ground? Drive With Boundaries A brief, silent clip showing two founders working side by side in a minimalist home office may not scream controversy — but in today's age of hustle culture discourse, it doesn't take much to stir a exactly what happened when San Francisco-based Indian entrepreneur Neha Suresh shared a fast-forwarded video on X (formerly Twitter) of herself and her co-founder Akash grinding away at their desks. Accompanying the video was a caption that quickly lit up social media timelines:'If you're not spending 14+ hours a day working on your dream you're ngmi. You can't build a world-changing product on 9–5 energy. 80-hour weeks aren't extreme. It's baseline.'It was part motivation, part manifesto. And for many online, it was a red hours, Neha's tweet had gathered hundreds of reactions. While some admired her dedication, others questioned the sustainability and implications of her words.'I love the passion and dedication you bring to your dreams, Neha,' wrote one commenter. 'But I'm not sure 14 hours a day is sustainable for everyone.''I burned out chasing 80-hour weeks,' said another. 'I actually build better products when I'm rested and thinking clearly.'Many critics pointed out that such messaging may unintentionally glorify overwork and perpetuate toxic workplace expectations — especially if taken beyond the founder level and applied to tweet is the latest ripple in a much broader global conversation — one that's been reignited time and again in recent months. Just last year, Infosys co-founder Narayana Murthy urged India's youth to work 70 hours a week to help the country catch up with global productivity . His statement, while intended as a wake-up call, sparked widespread backlash for allegedly overlooking the mental health toll and work-life imbalance it could British VC Harry Stebbings, known for his podcast 20VC, claimed earlier this year that 'seven days a week is the required velocity to win right now' — a comment that was both applauded for its realism and criticized for pushing an unhealthy Silicon Valley to Shanghai, the pressure to be always 'on' is often sold as a prerequisite to success — a narrative echoed in China's notorious '996' work culture (9 a.m. to 9 p.m., six days a week), which many blame for burnout , yet credit for explosive tech some argue that success requires relentless hours, others emphasize how those hours an episode of the podcast For a Change, neurologist Dr. Sid Warrier offered a more nuanced view. Drawing from his own experience, he explained: 'When I'm working in my own hospital, I can be there 24/7, but because it's my thing, my brain doesn't register it as work.' In contrast, an employee doing the same hours without personal investment might experience high stress and rapid burnout.'It's not really about work or not work. It's about stress and no stress,' he explained. Passion and purpose , according to Warrier, play a far bigger role in sustainability than sheer clocked-in where the conversation gets more complex. Founders like Neha may genuinely thrive on 80-hour weeks. But does promoting that rhythm as the only path to success put undue pressure on teams? Critics were quick to draw this line.'If this applies only to you founders, then it's okay. But don't generalize an 80-hour per week work culture,' a user responded on Neha's post. Another pointed out that overwork might not even lead to better output: 'Stopping 9-5 to start 24/7. But the vibe is really different, for sure.'Others made a case for smarter funding rather than longer hours. 'If a 10-person team is burning out to keep up with a 50-person VC-backed startup, the problem isn't effort — it's the cap table,' noted Sarah Wernér, co-founder of Husmus, in an interview with CNBC Make be clear, Neha's post wasn't without supporters. Some saw it as a wake-up call in an increasingly comfort-seeking culture. 'There's real truth in going all-in and putting in the hours to build something extraordinary,' wrote one Stebbings, while advocating hard work, drew a line at sacrificing mental health. 'I'm not saying miss dinner with friends or sit at your desk all day,' he told CNBC. He, too, spoke of balance — walking marathons with his ailing mother on Sundays, before returning to Suresh's now-viral post may not have intended to stir debate, but it's clear the world isn't done discussing hustle culture — especially at a time when mental health, fairness, and work-life integration are being redefined.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store