Digital
Leading with purpose creates wins for consumers, community and country: Hina Nagarajan of Diageo India
Infosys under scrutiny for failure to deliver on new campus and employment opportunities
In April 2023, Infosys had released an annual report where the IT major had stated that they would set up offices in Indore, Navi Mumbai, Nagpur, Hubbali and Coimbatore.
In April 2023, Infosys had released an annual report where the IT major had stated that they would set up offices in Indore, Navi Mumbai, Nagpur, Hubbali and Coimbatore. (Image source: Unsplash)
Infosys is currently under fire. The company, which acquired 58 acres of land in Hubli-Dharwad to create a campus and promise jobs, has failed to stand up to its words. This had caught the attention and the ire of Karnataka BJP MLA Arvind Bellad.
Bellad, who is the deputy leader of the Opposition, revealed that the company had acquired the land a decade ago which had a market rate of 1.5 crore per acre. But, Infosys only paid Rs 35 lakh per acre to the farmers with the promise that they will set up a campus and provide employment opportunities.
As per Bellad, nothing has moved further in this aspect. These comments come at a time when the Karnataka state legislature had commenced its 10 day Budget session which began on February 12.
In April 2023, Infosys had released an annual report where the IT major had stated that they would set up offices in Indore, Navi Mumbai, Nagpur, Hubbali and Coimbatore.
MB Patil, Karnataka Industries Minister stated that he would investigate the matter and if no progress is found to have been made after the land acquisition, notices will be issued and actions will be taken.
It had been understood that Patil ensured jobs for land losers at Taiwanese major Foxconn’s plant in Doddaballapur where 20 million phones are likely to be manufactured, stated a media report.
SPOTLIGHT
At the Storyboard18 DNPA Conclave 2025, Union Minister Ashwini Vaishnaw spotlighted the critical role of traditional media in an evolving digital landscape. He emphasized that such gatherings can aid the govt in formulating more effective policies for a balanced and sustainable media ecosystem.
Read MoreIN PHOTOS: At Global Pioneers Summit, visionaries chart the future of business and creativity
From the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.