The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India.
'SAP has been an enterprise software leader for 43 years, and we don't have a competitor also in this space.'
Directors look at ways to avoid overstretched valuations.
The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.
Ola and Uber have committed to spending Rs 15,000 cr to win the taxi market.
Take a look at Modi government's signature initiatives and status report.
The first option that the state government might opt for is offer Infosys space in one of the SEZs that are coming up, but that is unlikely to be accepted
For debt-laden companies, asset sales is an obvious solution.
The Modi government could steer through Parliament 59 out of 75 Bills.
In FY16, Infosys had 48 employees in India who were paid more than Rs 1 crore in annual compensation, as compared to 111 in FY15.
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Portal to be launched in three months, says Future Group's Kishore Biyani
India has emerged as a favoured location for captive technology units of Walmart, Lowes and Daimler.
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
The transformation will be driven by the number of initiatives the company has identified.
Company says faults, which were noticed soon after system upgrade on March 27, have been rectified
Wipro has a good brand because of the trust and quality it enjoys globally.
After his retirement from Infosys last year, Gopalakrishnan has been active in philanthropy, science and technology
The top three industries in India susceptible to economic crimes are financial services, manufacturing and professional services
Infosys' chief executive officer and managing director Vishal Sikka says despite a healthy guidance, he can't say if this would be 'industry leading'.