Raghu Krishnan profiles the man in the eye of the storm at Infosys.
A chartered accountant by training, Bala understands the nuances of electoral politics.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
After high-profile exits in the past couple of months, Infosys, the country's second largest information technology services company, has undertaken a top-level management restructuring.
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.
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.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Murthy met Delhi Chief Minister Arvind Kejriwal last week.
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
"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.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.
Aam Aadmi Party leader Arvind Kejriwal and his party feel that they have a fighting chance in Bangalore. The crowd that gathered for his road show comprised both supporters and curious onlookers.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
They expressed disappointment over the firm's performance.
Did an officer in the Tamil Nadu Intelligence Bureau deliberately keep mum about the plot to target BJP leader Lal Krishna Advani during his October 2011 Rath Yatra? Was a police informer behind the failed operation?
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
'The meanness of the board statement apart, it nowhere answers the most fundamental and damaging aspects of the deteriorating work culture among top company executives to which Narayana Murthy had been repeatedly drawing attention,' says B S Raghavan, the distinguished civil servant.
Infosys has tried to bring stability to the troubled company, which was struggling to maintain its growth momentum in the changing dynamics of technology industry.
The much talked about dinner with Aam Aadmi Party leader Arvind Kejriwal at Bangalore on Saturday had around 200 people attending it. While the event, according to the AAP, was a fund raiser, many felt that it was an extended version of Kejriwal's speech which they have been hearing all these days.
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India's export-oriented information technology outsourcing industry is perhaps more optimistic today about growth prospects than it was in the past five years.
Over 100,000 members have joined the party's state unit, says Praveen Bose
'If jobs do not happen, the demographic dividend we have will become a demographic disaster.'
The route to that target is clear in Sikka's mind.
The media wittingly or otherwise has been a key player in stymying the AAP. It is not so much the rivals, but the media, mostly the television and from its cues, large sections of the print segment, who got the trophy. The political parties, especially BJP and Congress, can now laugh in their sleeves, says Mahesh Vijapurkar.
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