China 9-9-6 Working Formula: Two years ago, Infosys founder Narayana Murthy had given a statement regarding the working hours of Indians, after which he was criticized a lot. He had said that Indians should work 70 hours a week to contribute to the progress of the country. Now once again he has supported his old statement and for this has given the example of neighboring country China.

In a recent interview, he cited China’s work culture ‘9-9-6 model’ and said that the youth need to work for a long time to move India forward.

What is China’s 9-9-6 model?

The ‘9-9-6 work rule’ has been common in many Chinese tech companies, under which employees are expected to work from 9 am to 9 pm, six days a week. That means a total of 72 hours of work a week. This model became very popular in companies like Alibaba and Huawei.

However, it has also been heavily criticized due to lack of work-life balance and increasing stress. Later in the year 2021, the Supreme Court of China declared the 9-9-6 model illegal, although according to reports, it is still in force in many places.

Narayana Murthy has been criticized

While talking to a private TV channel, Narayan Murthy said that India’s economic growth rate is 6.5 percent, which is fine, but China’s economy is almost six times bigger than India’s. In such a situation, active participation of all sections of the society is necessary.

He also said that the youth should focus on their career before worrying about work-life balance. Earlier in the year 2023 also, he had advocated working for 70 hours for nation building and now he has repeated the same statement and given the example of China.

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Infosys Share Buyback: Infosys, the country’s second largest IT services company, has announced a record date for the biggest share buyback in its history so far. Under this, the company is going to buy back its shares worth Rs 18000 crore. This will be its fifth and biggest buyback till date.

This buyback will be done through tender offer. That means the company will buy back shares from its investors at a fixed price. The company has fixed the record date for this as Friday, November 14, 2025. That means, till the close of business on this day, all the investors who have shares of Infosys will be able to participate in this buyback. However, the promoters of Infosys or members of the promoters group will not participate in the buyback.

How much will the buyback cost?

Under the buyback plan, the company will buy 10 crore shares at the price of Rs 1800 per share. That means Infosys will spend Rs 18000 crore for this buyback. Earlier on Thursday, Infosys shares closed at Rs 1466.50 with a slight fall.

It is clear from this that the price per share in buyback is 23 percent more than Thursday’s closing price. Even though there has been no significant ups and downs in the shares of Infosys in the last one month, it has fallen by 22 percent so far this year. Earlier, the company had announced buyback of shares in the year 2022. During that period shares worth Rs 9300 crore were sold.

What is buyback?

Buyback means that the company buys back its own shares from investors. This reduces the number of shares in the market, which increases its value because the earnings generated from it (EPS) increase. Through buyback, the company signals to its investors that its shares are undervalued and it has full confidence in its future. This increases the confidence of investors in the company. Many times, even if a company has more cash than required, it benefits its investors through buyback.

How to apply?

• First of all, keep in mind that the shares of the company should be in your demat account till the record date.
• Read the Letter of Offer (LoF) to find out details like buyback window, size and for how much the shares will be bought.
• Now decide how many shares of the company you want to sell. If you want, you can also oversubscribe.
• Log in to your broker and then go to the buyback option. From here select Infosys Buyback and enter the number of shares to be sold.
• If you wish, you can submit the tender form to your broker/registrar offline.
• The broker/DP will block/debit the tendered shares from your demat account (you will not have to pay any money).

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Nasscom on h-1b visa fee hike: Trump’s decree to increase the H1B visa fee has increased the concern of the Indian IT industry. India’s top IT industry body NASSCOM said on the decision to $ 100,000 annually to H1B visa fees that it could have a direct impact on the global operations of Indian IT services companies. Along with this, thousands of professionals working in America may face uncertainty.

Nascom alert

The top body of the IT industry also expressed concern over the time limit of 21 September to implement this increased amount. Nascom said that a day-long time-limit creates a lot of uncertainty for businesses, professionals and students around the world.

According to a statement, this move of America will affect Indian citizens who work for global and Indian companies. It further said, “We are reviewing the fine details of the order. This type of adjustment can affect America’s innovation ecosystem and comprehensive employment economy. ”

Question on the deadline of one day

NASCOM also said that India’s IT services companies would be affected, while commercial continuity will be interrupted for projects going on abroad that may require adjustment. According to NASCOM, sufficient time should be given for policy changes of this scale, which will help organizations and individuals to effectively plan and reduce disruption.

The statement said that high-skill talent is important for the American economy to speed up innovation, competitiveness and growth. This is especially important at a time when progress in artificial intelligence (AI) and other leading techniques is ready to define global competitiveness.

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Tcs buyback plan: Regarding Tata Consultancy Services i.e. TCS, Hong Kong’s brokerage firm believes that it can buyback. Brokerage firm CLSA says that TCS, like infosys amid weak demand, can also announce a buyback by taking such steps to increase confidence among investors.

Significantly, this kind of announcement has been made recently by Infosys. However, before that, a buyback was done by TCS in December 2023.

TCS on Infosys’s move

The Hong Kong brokerage firm CLSA says that TCS can adopt a tender offer of Rs 20,000 crore instead of paying dividends during the third quarter of the current financial year 2026.

TCS shares are now seen in the stock market. Global brokerage firm CLSA says that after the announcement of Infosys’ Stock Buyback proposal, there is pressure on TCS to maintain confidence amid the weak environment. The special thing is that the meeting of the board of Infosys is to be held today i.e. on September 11, in which a decision will be taken regarding the buyback. If this decision is approved, then it will be the fifth buyback of Infosys in the last eight years.

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Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

Last week, both Sensex and Nifty recorded a boom. In the small business week from the holidays, the Sensex rose 739.87 points i.e. 0.92 percent and the Nifty is 268 points i.e. 1.10 percent. During this period, the market capitalization of five of the top 10 most valuable companies of Sensex collectively increased by Rs 60,675.94 crore. State Bank of India and HDFC Bank got the most benefit.

SBI, top gainer, RIL

In the week under review, the market capitalization of State Bank of India increased by Rs 20,445.82 crore to Rs 7,63,095.16 crore. HDFC Bank’s evaluation increased by Rs 14,083.51 crore to Rs 15,28,387.09 crore. Similarly, the market capitalization of Infosys increased by Rs 9,887.17 crore to Rs 6,01,310.19 crore, Bharti Airtel’s evaluation increased by Rs 8,410.6 crore to Rs 10,68,260.92 crore and Reliance Industries market capitalization increased to Rs 18,548.84 crore to Rs 18,5948.023.43 crore.

LIC market cap reduced

On the other hand, the market capitalization of LIC declined by Rs 15,306.5 crore to Rs 5,61,881.17 crore. The market status of Bajaj Finance declined by Rs 9,601.08 crore to Rs 5,35,547.44 crore. The evaluation of ICICI Bank declined by Rs 6,513.34 crore and came to Rs 10,18,982.35 crore. The market capitalization of TCS declined by Rs 4,558.79 crore to Rs 10,93,349.87 crore and the evaluation of Hindustan Unilever declined by Rs 3,630.12 crore to Rs 5,83,391.76 crore.

Reliance Industries stood first among the top 10 companies in terms of market cap. After this, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, LIC and Bajaj Finance respectively.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

EPFO 3.0: The Employees Provident Fund Organization is going to launch a new app in the name of EPFO 3.0. EPFO has chosen the country’s three largest IT companies – TCS, Infosys and Wipro – to create this digitally advanced IT system and maintain its maintenance.

This information was given in a circular issued on August 12. Earlier, on 16 June, 2025, an expression of interest (EOI) was sent by EPFO to companies specializing in managing a large scale digital platforms. After reviewing all the applications, EPFO chose TCS, Infosys and Wipro.

The only objective of launching EPFO 3.0 is to make it more modern and advance than before. With its commencement, millions of subscribers will get better service of EPFO. Let us see what kind of facilities will be provided by its launch.

Auto Claim Settlement- Now the claim of the claim will be from the automated system. This will end the hassle of manually processing. This will make the system more fast and efficient.

Online Account Change- With the new app, you will no longer need to go to EPFO office to update the name or date of birth like date or date of birth, but users will be able to update it online by sitting at home.

ATM to PF withdrawal- After the claim is approved, the subscribers bank will now be able to withdraw money from PF from ATM.

OTP Verification- OTP verification process will now start in place of traditional form based process with new updates. That is, any change related to the account can be confirmed through OTP (One-Time Password).

Better Complan and Pension Service- The Centralized Pension Payment System (CPPS) has been approved for pension under EPS 1995. With this new system, any pensioners will be able to withdraw pension amount from any branch of any bank in the country.

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Infosys: Infosys, the country’s largest IT company, has won 75 percent stake in the Australian IT company Versent Group. The deal took place at 233.25 million Australian dollars (about 1300 crores). Till now the versant was owned by Australia’s Telstra Group, but now it will be operational at the hands of Infosys. Whereas the parent’s parent company Telstra will now have only 25 percent stake in it.

Why is this deal necessary?

The deal is a joint venture between Infosys and Telstra to promote AI-competent cloud and digital solutions for its Australian business. Infosys Chief Executive Officer (CEO) Salil Parekh said, “We are excited to bring Infosys Topaz to enable transformative AI-First Capability, which will work as a complementary of Versent Group’s Cloud-Founded Digital Foundation.”

The Versent Group mainly provides large -scale cloud services in government and education, financial institutions, energy and utility sectors. The company is known for designing and implementing cloud strategy for digital transformation with its liding trading partners.

Both companies are doing work with 2024

The company has a complete team of 650 engineers, advisors and strategists in Australia. The purpose of acquiring the Versent Group of Infosys is to strengthen its presence in Australia. Infosys has been working closely with its parent company Telstra since 2024 to speed up its software engineering and IT transformation.

Infosys shares boom

Infosys has bought a 75 percent stake of the Versent Group, after the news came, Infosys shares in the US stock market got a 1.6 % jump. With this, the share price reached $ 16.33. At the same time, Infosys shares also saw a rise in the Indian stock market on Wednesday. The shares closed at Rs 1426.40 with a gain of 0.16 percent.

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Layoffs: After the news of a large scale trimmed in the country’s veteran IT service company Tata Consultancy Services (TCS), the news of the removal of employees in another is coming out. However, it is not a company associated with the IT sector. Amazon is being talked about here. Amazon has shown more than 100 staff from the Wonder Podcast Division of its audio business.

110 people fired from the company

The company has trimmed 110 people including the CEO of Wonder. In a note written to the employees, Amazon’s audio, Twitch and Vice President of Games Steve Boom said that a serene and story -based podcast series like Dr. Death, American Scandal and Business Wars will now be managed under Amazon’s audiobook service audible. The company is now moving towards creator-led, video-based content.

The choice is changing about podcast

Podcasts with creators and celebrities – New Heights with Jason and Travis Kailse, Mind the Game and Armchair expert will form a new creator services group inside Amazon’s Talent Services Division. Wonder brand will be responsible for making some podcasts. Amazon says that this change is inspired by podcast congestion. Video style, personality shows are becoming more popular, especially on platforms like YouTube and Spotify, now new strategies are being adopted to make advertisements, profits and worth discovery.

Wonder’s identity will remain

It is being told by the company, most of the employees who have been extracted from the Wonder Podcast Division have taken over some other work in the company itself. Despite this major change, the identity of the brand will remain as a wonder. Some creator-based shows will continue under its name and its Wonder+ app will also be operational.

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Top 10 Attractive Brands of India: Tata Group, Google India and Infosys have emerged as India’s best employer brand. This has been revealed in the Randstad Employer Brand Research (REBR) 2025 report. According to the report, the youth of the country are giving more priority to the objective-operating employment options, including work-life balance, uniform treatment with all employees, good salary and other facilities.

Tata Group at the forefront

According to the survey, the Tata Group has performed well not only in terms of financial health, but also for the opportunities given in pursuing career and the identity of its brand. This year, Google came up second in India rankings, while Infosys finished third.

These companies also included in the list

For the year 2025, the top-10 employees brand of the country include Samsung India (in fourth place), JP Morgan Chase (in fifth place), IBM (sixth place), Wipro (in seventh place), Reliance Industries (in eighth place), Dell Technologies Limited (at ninth place) and Indian State Bank of India (at tenth place).

Only good salary is not enough

SBI is the only public sector bank in the list of top-10 employees brand. To make this report, more than 1,70,000 people were asked their opinion in 34 markets, including more than 3,500 respondents of India. This shows that not only good salary matters for today’s youth, but they have many more expectations from this. They are giving projects to such places to work, where both personal and professional growth.

AI started using more

According to the report, in the first half of 2025, there was a plan to switch a job of 47 percent youth. In this, both Generation Z (51 percent) and Millennials (50 percent) expressed their desire to change the employer. Apart from this, people have started using it as much as the use of AI is increasing.

61 percent of employees in India are now using it. Millennials are its most active users, whose number has increased by 13 percent over the previous year. 38 percent employees believe that AI has a profound impact on their work.

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lt stocks ralyly: The domestic stock market on Wednesday was a decline trend amid mixed business in the global stock market. The 30 -digit Sensex fell down to about 200 points on BSE. While NSE’s Nifty 50 was also trading on the red mark. In such a situation, the question is arising that what is the reason for this boom in the IT sector from Infosys to Wipro.

Expected to cut from US Fed

In fact, recently brokerage firm Goldman Sachs has said in its forecast that the interest rates from the US Federal Reserve may be cut in the month of September, while it had earlier told December in its forecast. The reason behind this is that the expectation of inflation was expected of inflation due to the tariff imposed by President Trump. In such a situation, it is possible for the US Fed ahead of time.

During a recent conference in Portugal, US Fed Chief Jerome Powell had said that economic data will definitely be awaited before any cut in interest rates. In such a situation, he had also said that this cut in interest rates is also possible in early July.

Signs of soon cut

After this indication of Jerom Powell, there is definitely a hope in the mind of investors. Apart from this, the Indian Aati firm has got strength, which definitely takes advantage of the strong economy of the US somewhere. Many firms even hope that this time the interest rates from the US Fed can be cut from 75 basis points to 100 basis points.

Investors are also hopeful that the profits of Indian IT companies will increase because most of their dependence rests on the service of American customers. In such a situation, the cash flow increased by the decision in the interest rates of US Fed means that there may be more trade deals and in such a situation, the profits of IT companies can increase.

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