Infosys reopens offices as India Inc eyes long road back to work
The Hindu
Health experts have appealed to State governments and citizens to not lower their guard against COVID-19, saying a third wave was inevitable.
Indian outsourcing giant Infosys Ltd told employees last week they could resume work from offices, according to a memo seen by Reuters that offers an early sign of the country’s $190 billion technology services sector moving to get back on track. The Bengaluru-based IT services company stopped short of calling all employees back to work, reflecting wider caution across the sector as officials warn about the looming threat of a third wave of COVID-19 infections. Still, after a devastating second wave of infections in May, the country’s daily numbers are roughly a tenth of the peak, with infections falling to the lowest in four months on Tuesday.
Stock markets surged in early trade, with Sensex and Nifty rising on Infosys’ strong revenue growth guidance.
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