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Infosys inaugurates new Development Center at GIFT City to boost BFSI Tech services
Infosys inaugurates new Development Center at GIFT City to boost BFSI Tech services

Business Upturn

time07-06-2025

  • Business
  • Business Upturn

Infosys inaugurates new Development Center at GIFT City to boost BFSI Tech services

Infosys (NSE, BSE, NYSE: INFY), a global leader in digital services and consulting, has inaugurated its new Development Center (DC) at Gujarat International Finance Tec-City (GIFT City), Gandhinagar. The newly launched facility is designed to support over 1,000 employees operating in a hybrid work model. The center will serve as a strategic TechFin hub, focusing on delivering advanced digital solutions to global Banking, Financial Services, and Insurance (BFSI) clients. Key service areas include digital banking, regulatory compliance, capital markets, trade finance, cards and payments, and risk management. Infosys will harness cutting-edge technologies such as Artificial Intelligence (AI), Generative AI (Gen AI), cloud, APIs, blockchain, and cybersecurity to provide seamless cross-border digital services and enhance client engagement. The Development Center was inaugurated by the Hon'ble Chief Minister of Gujarat, Shri Bhupendrabhai Patel. Infosys CFO Mr. Jayesh Sanghrajka, Senior Vice Presidents Mr. Niladri Prasad Mishra and Mr. Rajneesh Malviya, along with senior government officials, were present at the event. Aligned with Infosys' ESG (Environmental, Social, and Governance) goals, the facility integrates sustainable design features including energy efficiency, water conservation, and smart operational systems. The workplace also supports collaboration, productivity, and innovation through a future-ready hybrid office model. This initiative reinforces Infosys' commitment to strengthening India's role as a global financial technology hub and driving innovation in the BFSI sector. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

Infosys outlines a bolder ESG Vision 2030; Aspires to become climate positive in 2030, expands global skilling and livelihood commitments
Infosys outlines a bolder ESG Vision 2030; Aspires to become climate positive in 2030, expands global skilling and livelihood commitments

Yahoo

time04-06-2025

  • Business
  • Yahoo

Infosys outlines a bolder ESG Vision 2030; Aspires to become climate positive in 2030, expands global skilling and livelihood commitments

BENGALURU, India, June 4, 2025 /CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced an update to its Environmental, Social and Governance (ESG) Vision for 2030. This update is part of Infosys' continuing ESG commitments, first articulated in 2020 and now renewed with bolder aspirations. The ESG Vision 2030's broad areas of focus are climate change, water and waste management, digital skilling and employability, nurturing workplace inclusivity, amplifying communities, employee wellness and workplace experience, along with corporate governance, data privacy and information management. Salil Parekh, Chief Executive Officer, Infosys, said, "At Infosys, our ESG 2030 roadmap isn't just a commitment, it is our blueprint for pioneering responsible business leadership, in a rapidly changing world, through being sustainable, socially responsible, and exemplary in governance. As we've made progress on our ESG aspirations, our vision for the future has grown bolder too. This is reflected in the updates that we have made to the Infosys ESG Vision 2030. What remains unchanged is our continued commitment to be a well-governed organization living its purpose to amplify human potential and create the next opportunity for people, businesses, and communities." Highlights of Infosys' ESG Achievements: Achieved carbon neutrality for the sixth consecutive year in FY25 Increased 4.3 billion liters in water holding capacity through 11 lake rejuvenation projects across India over FY24 and FY25 More than 125 million lives empowered via TechForGood programs in e-governance, healthcare, and education. Reached 13.3 million people through digital skilling initiatives Infosys was recognized among the World's Most Ethical Companies by Ethisphere for the fifth consecutive year First India-headquartered company to receive Binding Corporate Rules (BCR) approval from EU data protection authorities Highlights of Updated ESG Goals: Achieve climate positive in 2030, by implementing initiatives across Scope 1, 2 and 3 GHG emissions to reduce our own carbon footprint. Aims to sequester more carbon from the atmosphere, than emissions and move beyond Net Zero. Remain carbon neutral till 2029. Extend digital skills to empower 18 million plus people, including employees, clients' workforce, students, teachers, and communities, and enable employment opportunities for 500,000 plus people. Amplify Communities - Transform and create sustainable communities through Tech for Good initiatives, job creation and CSR efforts, including employee volunteering, healthcare interventions and women's empowerment. Continue to bring interests of all stakeholders to the fore through an empowered, diverse, and inclusive Board. Shape and embrace leading data privacy standards across the various geographies of business operations and be the industry leader in information security practices. To learn more about Infosys' ESG efforts around the world and ESG related aspirations, see the latest Infosys ESG Report 2024-25. About Infosys Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace. Visit to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. Safe Harbor Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law. Logo: View original content: SOURCE Infosys View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Infosys outlines a bolder ESG Vision 2030; Aspires to become climate positive in 2030, expands global skilling and livelihood commitments
Infosys outlines a bolder ESG Vision 2030; Aspires to become climate positive in 2030, expands global skilling and livelihood commitments

Cision Canada

time04-06-2025

  • Business
  • Cision Canada

Infosys outlines a bolder ESG Vision 2030; Aspires to become climate positive in 2030, expands global skilling and livelihood commitments

BENGALURU, India, June 4, 2025 /CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced an update to its Environmental, Social and Governance (ESG) Vision for 2030. This update is part of Infosys' continuing ESG commitments, first articulated in 2020 and now renewed with bolder aspirations. The ESG Vision 2030's broad areas of focus are climate change, water and waste management, digital skilling and employability, nurturing workplace inclusivity, amplifying communities, employee wellness and workplace experience, along with corporate governance, data privacy and information management. Salil Parekh, Chief Executive Officer, Infosys, said, "At Infosys, our ESG 2030 roadmap isn't just a commitment, it is our blueprint for pioneering responsible business leadership, in a rapidly changing world, through being sustainable, socially responsible, and exemplary in governance. As we've made progress on our ESG aspirations, our vision for the future has grown bolder too. This is reflected in the updates that we have made to the Infosys ESG Vision 2030. What remains unchanged is our continued commitment to be a well-governed organization living its purpose to amplify human potential and create the next opportunity for people, businesses, and communities." Highlights of Infosys' ESG Achievements: Achieved carbon neutrality for the sixth consecutive year in FY25 Increased 4.3 billion liters in water holding capacity through 11 lake rejuvenation projects across India over FY24 and FY25 More than 125 million lives empowered via TechForGood programs in e-governance, healthcare, and education. Reached 13.3 million people through digital skilling initiatives Infosys was recognized among the World's Most Ethical Companies by Ethisphere for the fifth consecutive year First India-headquartered company to receive Binding Corporate Rules (BCR) approval from EU data protection authorities Highlights of Updated ESG Goals: Achieve climate positive in 2030, by implementing initiatives across Scope 1, 2 and 3 GHG emissions to reduce our own carbon footprint. Aims to sequester more carbon from the atmosphere, than emissions and move beyond Net Zero. Remain carbon neutral till 2029. Extend digital skills to empower 18 million plus people, including employees, clients' workforce, students, teachers, and communities, and enable employment opportunities for 500,000 plus people. Amplify Communities - Transform and create sustainable communities through Tech for Good initiatives, job creation and CSR efforts, including employee volunteering, healthcare interventions and women's empowerment. Continue to bring interests of all stakeholders to the fore through an empowered, diverse, and inclusive Board. Shape and embrace leading data privacy standards across the various geographies of business operations and be the industry leader in information security practices. To learn more about Infosys' ESG efforts around the world and ESG related aspirations, see the latest Infosys ESG Report 2024-25. About Infosys Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace. Visit to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. Safe Harbor Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

World no longer single global market, firms must navigate between fragmented blocs, countries: Nilekani
World no longer single global market, firms must navigate between fragmented blocs, countries: Nilekani

Economic Times

time03-06-2025

  • Business
  • Economic Times

World no longer single global market, firms must navigate between fragmented blocs, countries: Nilekani

PTI As AI rapidly transforms the business landscape, Nilekani underscored the critical importance for enterprises to modernise their legacy systems and build robust data architectures to fully harness AI's potential. NEW DELHI: Global businesses can no longer view the world as a single market but must now navigate a landscape divided into fragmented blocs and countries, said Infosys Chairman Nandan pointed out that multiple trends are colliding, forcing companies to reexamine their fundamentals and make strategic choices in the face of growing geopolitical Infosys' annual report for FY25, Nilekani explained that as geopolitics comes to the forefront, companies are required to adapt their strategies and even make decisions about how to operate between these different blocs. "As geopolitics becomes front and centre in our lives, we are having to take cognisance of the world not as one single global market but as fragmented blocs and countries. This means making strategic choices and even navigating between these blocs," Nilekani said. The COVID pandemic brought to spotlight the pressing need to reduce risks in supply chains and develop reliable backup options. Relying solely on just-in-time delivery was no longer sufficient; companies also had to prepare for unexpected disruptions, the IT veteran noted. "Tariffs are further driving home the point that we need to diversify our sourcing. Tariffs will be differentiated across products and countries and will likely keep changing. Bilateral and regional rules of trade will dominate. Supply chains will continue to shift as tariffs become another form of arbitrage," Nilekani said. He added that artificial intelligence (AI), with its possibilities and potential, creates another arc of uncertainty. As AI rapidly transforms the business landscape, Nilekani underscored the critical importance for enterprises to modernise their legacy systems and build robust data architectures to fully harness AI's potential."The advent of AI with all its possibilities and potential creates another arc of uncertainty. As enterprises look at applying AI to every aspect of the business, some long standing challenges will become imperative and self-evident to firms," he need to modernise legacy systems, and the need to create a data architecture so that all the firm's data is consumable by AI, in a holistic manner, can no longer be put off. He urged enterprises to have an AI foundry and an AI factory to fuel innovation and scale. However, Nilekani also cautioned that the adoption of AI comes with risks, particularly due to varying regulatory frameworks across different regions. "While embracing AI will bring a goldmine of opportunities, it will not be entirely without some foreseeable risks. Regulatory variances across regions will need to be incorporated into one's strategy," he said.

World no longer single global market, firms must navigate between fragmented blocs, countries: Nilekani
World no longer single global market, firms must navigate between fragmented blocs, countries: Nilekani

Time of India

time03-06-2025

  • Business
  • Time of India

World no longer single global market, firms must navigate between fragmented blocs, countries: Nilekani

NEW DELHI: Global businesses can no longer view the world as a single market but must now navigate a landscape divided into fragmented blocs and countries, said Infosys Chairman Nandan Nilekani . He pointed out that multiple trends are colliding, forcing companies to reexamine their fundamentals and make strategic choices in the face of growing geopolitical uncertainty. In Infosys' annual report for FY25, Nilekani explained that as geopolitics comes to the forefront, companies are required to adapt their strategies and even make decisions about how to operate between these different blocs. "As geopolitics becomes front and centre in our lives, we are having to take cognisance of the world not as one single global market but as fragmented blocs and countries. This means making strategic choices and even navigating between these blocs," Nilekani said. The COVID pandemic brought to spotlight the pressing need to reduce risks in supply chains and develop reliable backup options. Relying solely on just-in-time delivery was no longer sufficient; companies also had to prepare for unexpected disruptions, the IT veteran noted. Live Events "Tariffs are further driving home the point that we need to diversify our sourcing. Tariffs will be differentiated across products and countries and will likely keep changing. Bilateral and regional rules of trade will dominate. Supply chains will continue to shift as tariffs become another form of arbitrage," Nilekani said. He added that artificial intelligence (AI), with its possibilities and potential, creates another arc of uncertainty. As AI rapidly transforms the business landscape, Nilekani underscored the critical importance for enterprises to modernise their legacy systems and build robust data architectures to fully harness AI's potential. "The advent of AI with all its possibilities and potential creates another arc of uncertainty. As enterprises look at applying AI to every aspect of the business, some long standing challenges will become imperative and self-evident to firms," he said. The need to modernise legacy systems, and the need to create a data architecture so that all the firm's data is consumable by AI, in a holistic manner, can no longer be put off. He urged enterprises to have an AI foundry and an AI factory to fuel innovation and scale. However, Nilekani also cautioned that the adoption of AI comes with risks, particularly due to varying regulatory frameworks across different regions. "While embracing AI will bring a goldmine of opportunities, it will not be entirely without some foreseeable risks. Regulatory variances across regions will need to be incorporated into one's strategy," he said.

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