Indian online retailers have been raising funds to expand and compete with bigger rival Amazon.com Inc as more Indians shop on the Internet.
Annualised staff attrition rate at Infosys rose to a record 20.1 per cent in the September quarter.
Palmer had previously tried to take Infosys to court, but his earlier case was dismissed .
The aim is a vast improvement in quality that would lead to a surge in demand for low-end Android phones