A chartered accountant by training, Bala understands the nuances of electoral politics.
My interest is to work with young entrepreneurs to build businesses and see if I can add value to the boards of other global companies.
Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.
IT services firm looks at local partnerships, JVs, acquisitions to expand base in region.
He will get annual base salary of $1.3 million apart from bonus.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
In another significant senior-level realignment at Infosys, V Balakrishnan, one of the two internal candidates being considered for the chief executive's post, has been given additional charge of the new utilities and resources vertical.
.jpg)
India's export-oriented information technology outsourcing industry is perhaps more optimistic today about growth prospects than it was in the past five years.
Now sole contender as L&T Infotech quits race
Murthy comes at a time when the company is losing market share, profitability, and has lost control over predictability of the business.
It, however, is yet to decide on the annual wage rise.
In the quarter ended March, the company's overall headcount fell by 791 to 84,403.
Move to help employees get more without raising their salary base
Q4 turned out to be a much softer quarter than we expected, and some of the ramp-ups did not happen.
It might take a little longer for demand to pick up in India's IT outsourcing services industry.
The US company is driving this strategy through a combination of initiatives, including working with telecom carriers to offer Facebook to users at an affordable rate.
The $100-billion export-driven sector has been vocal on the need to move up the value chain with increased automation, offering services bundled with software products and platforms.
On Tuesday, Nasscom announced at its 21st Leadership Summit that it expected the sector to grow 12-14 per cent in FY14, better than the 10.9 per cent growth it would report for FY13.
Infy CEO and MD talks about the factors behind the company's performance in the quarter.
Indian information technology (IT) and businesses process outsourcing (BPO) firms that are heavily dependent on business visas can heave a sigh of relief as the United States Department of Labor (DoL) has decided not to change the Labor Condition Application (LCA) norms for now, said industry sources.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances