The acquisition of ZipDial however has proven that even a proven business model could be an attraction point.
ZipDial has recently been acquired by Twitter.
Work on the 340-acre campus expected to be completed by April this year
The company has become very big in the past 10 years -- it has grown almost 10 times; that is an unbelievable pace of growth, said the Infosys CEO.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
As per Indian tax laws, bonus in kind paid to the employees could be considered as salary income in the hands of the employees.
Infosys COO says, the firm is trying its best retain talent.
Infosys to adapt to new business strategies.
Infosys has a new M&A head to enhance trust on inorganic growth.
His mandate at Infosys, he says in an interview at the family office in Jayanagar and his first after the stint at Infosys, was to solve the problem of how to measure the individual productivity of a software engineer.
I was given two mandates -- to work on individual productivity and to drive automation, says N R Narayana Murthy's son.
Infosys boss says new strategy moving in right direction, optimistic of regaining bellwether status.
Karnataka tax dept may attach assets of dealers; new retailers not being registered
The platform, which will have various social features and can sync data from a user's circle could be ready in about six months.
Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.
It is not that platforms and products are something that Infosys has not tried earlier.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
CEO Vishal Sikka's strategy is in line with focus on academic research in new technologies.
During his last visit to India, Khosla had said the focus of Khosla Labs would be to fund innovations around Aadhaar.
Of the 700-odd Indians having foreign bank accounts, not all can be deemed to be operating these illegally.