Infosys added 10,997 employees (gross) in the last quarter of FY'14 and 39,985 during the fiscal to take its total headcount to 1,60,405 people.
In the past two years, Sikka has brought in new measures by putting project managers to pitch how they cut time, saved costs and improved productivity
As four founder families sold part of their Infosys holdings on Monday, CEO Vishal Sikka said monetisation of shares for philanthropic and entrepreneurship purposes was in line with the company's values.
Four of the founders of Infosys are seeking to raise about $1.1 billion by selling stakes in the company.
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.
Balakrishnan, head of the BPO, Finacle and India business units at Infosys, is widely seen as a contender for CEO after the incumbent S D Shibulal's term ends in 2015.
Pavin Rao, a 28-year company veteran, to be second-in-command at Infosys.
At a time when speculation was rife about its course after the organisational rejig last week, Infosys on Friday validated the changes, exuding strong faith in its leadership pipeline and gave a clear signal that the company was unperturbed by the slew of senior exits in the recent past.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
Infosys on Friday said it is in discussion with clients for a contingency plan to ensure business continuity in the event of the US immigration reforms bill becoming a law.
CEO probable says the new role as president could not have come at a better time
What is perhaps most fascinating is that Infosys was not the first large Indian IT company to raise its head, nor has it been the largest; but it has often shown a remarkable ability to market itself so that it has punched above its weight.
They expressed disappointment over the firm's performance.
To hire 300 graduates in those regions in FY15; moves staff with strong tech skills into sales.
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
'The problem is not the performance under Vishal Sikka, but the quality of Infy's board of directors, argues Debashis Basu.
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
As record stock market rally continues, the value of shares directly owned by next-generation business leaders at 20 major corporate houses has soared over 18 per cent to Rs 17,000 crore.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
'Once I was ready with my product I started looking for funding and realised people would not understand how a woman could, without a technology or an IIT/M background, be running the business alone.' 'Today when I connect the dots I feel grateful about how I have been able to overcome and learn with every failure.'
'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'
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