Murthy comes at a time when the company is losing market share, profitability, and has lost control over predictability of the business.
It's already a home to automobile majors like Toyota, Volvo, Tata Motors and Mahindra Reva.
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.
The Supreme Court's landmark decision to allow reopening of Category-A and Category-B mines in Karnataka has come as a big relief to the mining sector and the ore-starved steel industries in the state.
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.
Tata Coffee Ltd, a subsidiary of Tata Global Beverages Ltd, is India's third largest exporter of instant coffee.
Infy CEO and MD talks about the factors behind the company's performance in the quarter.
UAE Exchange partners ElectraCard Services to launch 'gocash', which enables cardholders to use appropriate currency loaded on the card.
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.
The IT co has over 2,500 employees catering to a strong client base in the country
An interview with Wipro's CFO and executive director Suresh Senapaty where he explains what the new structure will mean for the company.
Results are based on the review of the search activities on maps.google.co.in for August 2012.
The company has not indicated the exact rise in prices of its models
According to a recent study by Kauffman Foundation, based on a sample survey, about 33.2 per cent of the co-founders of engineering and technology companies incorporated in the US during the last six years were Indians.