'As soon as we give up our Indian citizenship and take on a foreign passport, we magically transform into individuals that are a potential threat to the country's security.'
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
Work on the 340-acre campus expected to be completed by April this year
Sukanya Verma looks at the recent spate of book-to-screen adaptations.
Grandchildren and books will take up most of NR Narayana Murthy's time after he retires for the second time from the company he co-founded with six friends over three decades ago.
Jahnavi Patel feels it's an Alia Bhatt show all the way.
Balakrishnan, Pai write to board, seek correction in 'dramatic valuation disconnect' between shares of Infosys and its peers.
The founders, who hold 12.75 per cent stake in Infosys, together with a dozen leading institutional investors with a cumulative stake of about 10 per cent forced the Infosys board to bring back Nilekani.
Analysts said the demand recovery in two-wheeler and car segments was skewed towards the semi-urban and rural markets.
In 2013-14, as many as 45 people each earned more than Rs 1 crore (Rs 10 million) commission as a mutual fund (MF) distributor. This is up from 33 in 2012-13 and 22 in 2011-12.
There were no evidence of any kickbacks, inappropriate contracting or unreasonable expenses
At his last media interaction after announcing Infosys' quarterly earnings, the outgoing CEO talks about the company's business, the challenges it faces, and efforts to overcome them.
It is not that platforms and products are something that Infosys has not tried earlier.
If there's one thing about the decade our glamorous lot is in NO RUSH to replicate, it is the '80s' kitschy, over-the-top sartorial style.
While the number of international MF schemes is increasing, so is the confusion for investors.
Pai said more and more people -- whether they are employees, or investors or others -- are coming to the conclusion that this Board has to go and a new one has to come.
Infosys has appointed Sudha Murty, Vandana Sikka and Sandeep Dadlani as the trustees of the arm.
Infosys recently hosted its first-ever global hackathon, which was held across 20 locations and saw participation from over 1,100 employees.
The NSE Nifty reclaimed the 9,800 mark
Along with a robust set of numbers, the management too sounded confident of its growth prospects
At the end of Q1, Infosys had 1,79,523 employees.
Nicholas Piramal India is planning to hire 400 scientists in the next five years, and has doubled its R&D budget this year.
Founders have made it very clear that their only interest lies in protecting core values of the company and do not have any interest in running the company, he pointed out.
Co-founder Nilekani could take the role of non-executive chairman, becoming a bridge between the board and Murthy, reports Ayan Pramanik.
'Oddly enough, everything Raazi cannot explain or put a finger on, it glosses over in the name of patriotism or watan-love; glorifying thereby the very sentiment it had set out to mock.' 'This is the unique tragedy of the film: it becomes less of a counterpoint to pseudo-patriotism and more of a companion piece,' says Sreehari Nair.
nfosys chief financial officer Ranganath M said there was confusion in visa costs.
Here's looking at the hits and misses at the box office.
"There was not a single decision that I took during my second tenure without discussing it with Ranga and getting valuable input from him," says Narayana Murthy.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
Stating that he has no intention to become CEO of the company, he said the future strategy of Infosys will be aligned with global developments and he sees tremendous opportunity in software data and machine learning.
All major Indian IT services providers are keenly watching US President Donald Trump's potential actions on immigration law. Ayan Pramanik reports.
The new chairman of the country's second-largest IT firm acknowledged that he is an "admirer" of Murthy, saying the "iconic visionary" is the father of corporate governance in India.
Junking Murthy's claims, Infosys said the board did all it could to look into whistle-blower complaints of corporate governance lapses, particularly those related to acquisition of Panaya.
Four top scientists, including Ravi Bhushan Grover, who played a key role in negotiating the Indo-US nuclear deal, were on Tuesday conferred with the Lifetime Achievement Awards by Department of Atomic Energy.
As Raazi hit theatres, Harinder Sikka -- author of Calling Sehmat, the book on which the film is based -- reveals the thrilling real life story of an Indian spy named Sehmat.
'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.
Infosys co-founders N R Narayana Murthy and Nandan Nilekani along with their family members on Monday sold shares worth Rs 6,484 crore in the country's second largest software services firm.
'The $80,000 revenue per employee we will get through quite easily.'
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