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1st Circuit Upholds Employer s Discretion Under Massachusetts Wage Act

1st Circuit Upholds Employer s Discretion Under Massachusetts Wage Act
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First Circuit Upholds Employer s Discretion to Reduce Commission Payments Under the Massachusetts Wage Act | Epstein Becker & Green

Psychologist Abraham Maslow once observed, “If the only tool you have is a hammer, it is tempting to treat everything as if it were a nail.” That sums up the state of commission.

United statesAbraham maslowVmware incEpstein beckerMassachusetts wage actWage actFirst circuitException transactionLarge dealException transactionsLarge deals

Infosys wins $454-million deal from Danske Bank

The deal is for a period of five years, which could be ramped up to $900 million and also be renewed for up to another three years, the company has said. Infosys will also acquire Danske Bank s IT centre in India, which employs 1,400 people

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Axis Bank shares tad up post large block deals; Bain Capital likely seller

Bain Capital held a 1.3 percent stake in Axis Bank through its fund BC Asia Investments VII as on March 31, 2023.

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All cloud, no silver lining for Infosys

Just in January, Infosys had raised its FY23 CC revenue growth guidance to 16-16.5% from 15-16% earlier. But evidently, the scenario didn’t pan out as expected with the company missing its guidance after clocking 15.4% CC revenue growth.

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