Indian IT firms have been announcing incremental increase in billing rates for quite some time now to counter wage hikes and rising visa costs, to name a few.
IT major Infosys Technologies said on Thursday it would soon open a 200-seater BPO facility in Mexico, its first in Latin America, and is also looking at other countries to start such units.
'When you go from a larger base, clearly, the challenges are bigger.'
Software major Infosys Technologies plans to expand operations in Australia and Japan and also rapidly scale up its China operations, as part of its "de-risk" strategy.
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.
In January, Gopalakrishnan had donated Rs 225 crore (Rs 2.25 billion) to set up a brain research centre in a joint effort between IISc and a trust formed by him and his wife.
ICAI has also imposed a fine of Rs 5 lakh on each of the three accused in Satyam case.
In spite of that the founders never voted against any resolution, those who differed abstained.
Murthy, 68, will cease to be the non-executive Chairman with effect from Oct 10.
Days before US President Barack Obama's high-powered visit here, the US-India CEO Forum has been reconstituted with Cyrus Mistry replacing Ratan Tata as its co-chairman
Industry body CII has asked the governments of Delhi and Rajasthan to reconsider their decisions to scrap the FDI policy for multi-brand retail as such investments would help create millions of jobs and benefit consumers.
A lot of my decisions are based on idealism, says N R Narayana Murthy
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
The US president's stance on immigration could lead to a change in H1B visa rules.
The time is ripe to accede to the founders' plea to declassify them as promoters.
Faced with a spate of senior-level exits, Infosys co-founder N R Narayana Murthy has written to employees to reassure them that the "leadership changes" will be in the "best interest" of the company.
Donation to go to Sarojini Damodaran Foundation and Advaith Foundation
Shares of IT giant Infosys erased early gains and ended with a loss of nearly one per cent on the NSE today on profit-booking after the company named former SAP executive board member Vishal Sikka as its new CEO.
Infosys Head India Business Unit C N Raghupathi said for the manufacturing sector, the key areas to focus on include new product innovation.
Will help in reviving the economy and push investment.
Reminiscing time spent at the firm he co-created with six other friends in 1981, Infosys non-executive chairman S Gopalakrishnan said many major events in his life are linked to major milestones of Infosys.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
Narendra Kumar Patni, pioneer of India's information technology (IT) services revolution, passed away in the US.
Additional levy to eat into Rs 6,000-crore income of top promoters
Experts regretted that it has taken too long to deliver justice
The companies are crying foul over the cancellation of 25 blocks held by 68 firms over the past two days.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
The eyewear market in India is worth $3 billion.
Action against auditors, last of the 276 recommendations of a JPC probing Ketan Parekh scam, is still pending.
Satyam Case has not ended after court verdict, there's lot to unfold say insiders.
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