Pavin Rao, a 28-year company veteran, to be second-in-command at Infosys.
Nandan Nilekani exits for a high-profile govt job, but two low-profile founders have built successful careers after quitting.
Narendra Kumar Patni, pioneer of India's information technology (IT) services revolution, passed away in the US.
Within days of his appointment as International Advisor on Information Technology to Sri Lankan President Mahinda Rajapaksa, IT czar N R Narayana Murthy on Wednesday quit from the post citing personal reasons.
Providing an opportunity for the students to be with the country's renowned business personalities, the Hyderabad-based ISB has come up with the 'Shadow the CEO' programme, where one can bid for a person of their choice.
ISB has introduced this concept, christened "Shadow a CEO", to mobilise funds for charity and allow its students to work with the Who's Who of India Inc for a day. Some 16 CEOs have agreed to participate. "We not only want to put the money generated for benefit of the society, but also let our students experience the joy of operating with a CEO for a day," said Ajit Rangnekar, Dean of ISB.
Amidst the outrage among certain Satyam employees to Infosys Co-Chairman and Chief Mentor N R Narayana Murthy's statement last week that Infosys would not recruit employees from the disgraced IT firm based in Hyderabad, top Infosys executives on Tuesday stood by their stand. They also couched their views on the Satyam scam in decidedly softer terms. Infosys said that the accounting scandal at Satyam did not call into question the competence of its (Satyam) employees.
Infosys made this position clear, a day after its chairman and chief mentor N R Narayana Murthy reiterated that his company would not act on any CVs received from Satyam employees to ensure that nothing is done that would adversely impact the Hyderabad-based firm's future.
IT major Infosys' top brass, including its directors and senior-most management personnel, got a hefty collective hike of over Rs 10 crore (Rs 100 million) in their pay packets during the last fiscal, with chief financial officer V Balakrishnan leading the tally with a hike of Rs 1.73 crore (Rs 17.3 million).
Telugu actor Mohan Babu completed 40 years in film industry, and he celebrated with a grand event at the Indira Priyadarshini grounds in Visakhapatnam city, Andhra Pradesh.
World Health Day is just round the corner. On this occasion renowned cardiac surgeon and Chairman of Narayana Hrudayalaya Dr. Devi Prasad Shetty spoke to rediff.com's Vicky Nanjappa and said that the biggest concerns in the health care sector in India is still the affordability factor and lawareness.
A look at star arrivals.
Our readers from across India have shared their mesmerizing travel pics.
Within the IT industry, reactions to Barack Obama's historic victory have not been as pessimistic as expected. IT firms have been worried because Obama, as Senator, introduced the Patriot Employer Act of 2007 that gave tax credits for companies that maintain or increase the number of full-time workers in America relative to those outside the US.
How else will you get to see these stunning places? We bring you latest in our ongoing series of #India-Photos. So, where do you want to go?
I would prefer a government that is stable and progressive, a government that takes quick decisions, a government that is much more oriented towards creating jobs, and one that attracts a lot of foreign investments, says N R Narayana Murthy.
Nilekani, 54, is already credited with repainting India's image globally and will now head an authority that will create a unique electronic database of the country's citizens -- a project that many see as key to plugging loopholes in implementation of welfare schemes. As chairperson of the country's Unique Identification Authority, Nilekani would enjoy the rank of Cabinet minister.
Lok Sabha proceedings were adjourned on Monday amid protests by Opposition members, over the issue of Kerala CM Chandy being reportedly asked not to attend a function.
Other noted personalities to be bestowed with the Padma Vibhushan include noted playback singer Asha Bhosle, chess wizard Vishwanathan Anand, mountainer Edmund Hillary and industrialists Ratan Naval Tata, Infosys mentor N R Narayana Murthy, steel tycoon Lakshmi Narayan Mittal and hotelier P R S Oberoi.
Infosys Chairman Narayan Murthy equated the present economic crisis in the US to the Great Depression. "The present crisis in the US reminds me of the 1929 depression. More signals are emanating of the 1929 depression than the 70s' one. I have a suspicion that it (the present crisis) could be a longer one," he said. A recovery from the present crisis may take longer than 18 months, he said.
Wage hikes and rupee depreciation may affect the business.
Journeys from the mountains to the temples.
In his blog, sikka said, "It is clear to me that despite our successes over the last three years, and the powerful seeds of innovation that we have sown, I cannot carry out my job as CEO and continue to create value, while also constantly defending against unrelenting, baseless/malicious and increasingly personal attacks."
The Communist Party of India announced alliance with main opposition Telugu Desam Party for assembly elections in Andhra Pradesh scheduled to be held early next year saying the main objective of such a tie-up is to defeat ruling Congress.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
On the second day of the summit, Indian vendors discussed ways to tackle the financial crisis head-on with innovation being the focal point. Most believed that there is enough opportunity within the country for the industry.
'Kerala will witness a lot of fireworks in Wayanad and a kind of fight that it has not witnessed so far.'
The Energy Co-ordination Committee, headed by Prime Minister Manmohan Singh, would meet on Tuesday with gas pricing, gas sourcing and gas allocation as the main topics on the agenda, an official source said.
Karnataka will shut down on April 10 to protest against the Hogenekal water project issue. A dawn to dusk bandh will be observed across the state, to urge Tamil Nadu against going ahead with the water project at Hogenekal, which is on the Karnataka-Tamil Nadu border.The Vedike is also planning a procession in Kollegal taluk in Karnataka to create awareness about the issue. The Vedike members have also decided to stage a day-long protest in Hogenekal.
The incident occurred at around 1630 hours when the students of the Irikkur Narayana Vilasam Lower Primary School were returning home after school, they said.
Alluding to the purification rite conducted at the Guruvayur temple recently, Kerala Chief Minister V S Achuthandnan on Monday said this sort of practice showed that caste discrimination was still prevalent in Kerala in new forms.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
Infosys co-founder Narayana Murthy has singled out "erroneous policies" pursued by successive governments at the Centre.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
Led by Communist Party of India-Marxist state secretary B V Raghavulu and CPI state secretary Dr K Narayana, over 2,000 Left cadres, activists from farmers associations and slum-dwellers, including women, gathered near Ramoji Film City around 9 am.
A bench headed by the CJI took note of the submission of sr advocate Mukul Rohatgi, appearing for the rebel MLAs.
A local court today set free 20 accused, including a Communist Party of India-Marxist district secretariat member, in the case relating to the murder of Revolutionary Marxist Party leader T P Chandrasekharan.
Even as the human resource development ministry downplays allegations of interference in the selection of IIM directors, IIM insiders say a democratic selection procedure will depend on the chairpersons of the IIM boards.
Joker, Thithi, Maheshinte Prathikaram and Pelli Choopulu bag the big awards of the night!
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