VARINDIA IT MAGAZINE

The MD and CEO of Infosys, Dr Vishal Sikka has stepped down from his position with immediate effect. At its Board meeting held on August 18, 2017, the Board of Directors (the “Board”) of Infosys Limited (“Infosys” or the “Company”) accepted the notice of his resignation.  In his notice of resignation to the Board, Dr Sikka reiterated his belief in the great potential of Infosys, but cited among his reasons for leaving a continuous stream of distractions and disruptions over the recent months and quarters, increasingly personal and negative as of late, as preventing management's ability to accelerate the Company's transformation.... Read More

After the recent escalation in number of security issues and to ensure the security of Smartphones, the IT ministry has asked 21 Smartphone manufacturers to share the procedures and processes they follow to fortify the security of data and Smartphones vended in India. According to the reports, the ministry has given time till 28th August to the 21 Smartphone vendors out of which majority are Chinese manufacturers, namely Oppo, Vivo, Xiaomi, Lenovo and Gionee besides the renowned brands like Apple and Samsung. The ministry has also notified the companies with penalties such as unlimited compensation depending on the damage caused under the IT Act 43 (A) in case fixed processes are not being followed.  The orders have come out after many international and national reports which pointed out the data leaks from Smartphones.... Read More