Erin Green, former head of immigration, Infosys says says only the loss of a big client could push Infosys to correct its internal corporate culture.
Starting its journey with a gross revenue of $5 million during its stock market debut on June 14, 1993, Infosys has reached dizzying heights, with a revenue of $10.93 billion in 2017-18
After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.
Several observers have questioned the weakness in execution of the 3.0 strategy.
ESOPs allow employees to own equity in the company, which is seen as a morale booster for them.
In 17 years, Infosys has lost three generations of leaders, Mohandas Pai said.
Infosys chief executive officer and managing director S D Shibulal will be in London to mark the first cross listing of an Indian company, a company statement said.
With employees as brand ambassadors, can the company get the grime off its image?
"Year-after-year, the IT companies remove and sack professionals and simultaneously hike their top executives' salaries in the name of fancied compensation based on variable pay and stock incentives," FITE general secretary AJ Vinod said.
The stock exchange BSE has called off the merger of its unit at the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), India International Exchange (India INX), with NSE International Exchange (NSE IX), a similar unit floated by rival National Stock Exchange (NSE), according to sources familiar with the development. BSE and NSE had been in discussions for the merger for over a year, but it has yielded no results, they said.
Pavin Rao, a 28-year company veteran, to be second-in-command at Infosys.
Rohan Murty, Infosys co-founder NR Narayana Murthy's son, is working as an executive assistant to his father, CEO and Managing Director SD Shibulal said on Friday, addressing concerns about his role.
Despite a shrinking market share and declining profitability, Murthy's return helped Infosys get a double thumbs-up from investors.
S Gopalakrishnan's passion for gizmos goes beyond BlackBerrys and iPods. The Infosys head says, he likes to "play around with new technology".
The company's inflexibility on prices and margins and a tradition of rotating leadership roles amongst its founders have made it less nimble than rivals.
Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.
We have initiated the search now to ensure we have a seamless management transition to the next leader, says K V Kamath.
With this, the total strength of TCS's board has increased to 11.
Asked why the company is not going in for big acquisitions despite sitting on a huge pile of cash, a senior executive explained, "We are waiting for the moment to fall in love," though the company is dating a few.
Infosys Chief Executive Officer-designate Vishal Sikka might be new to Indian information-technology (IT) services business, but his past credentials were enough for the company's shareholders to offer him a warm welcome at an Extraordinary General Meeting (EGM) that was called to seek approval for his appointment, among other things.
Last year, salary increases were given only in October, when the company came under pressure from increments offered by peers.
Company set to see its three co-founders - Executive Chairman Murthy, Executive VC Gopalakrishnan and Chief Executive Officer and Managing Director Shibulal move out in the next few months
Perhaps the greatest positive for Mr Sikka is his job knowledge and career record.
Foreign institutional investors (FIIs)' stake in Infosys is nearing historic highs. During the quarter ended September, they bought 6.38 million Infosys shares for Rs 2,236 crore, raising their stake 1.1 per cent, data show.
The company should reward the confidence of the shareholders by returning some cash to them.
'Young people are digital natives.' 'Hence, their ability to learn coding and to become a full stack engineer is far more.' 'The demand for such people is more as we feel that if we hire people from campuses, we can train them to become what we want.'
Nilekani talks about the Infosys success story, new challenges and future plans.
Infosys, however, cut 2017-18 revenue growth guidance to 5.5-6.5 per cent from 6.5-8.5 per cent in constant currency.
Infosys has drawn up a vision to position itself as a next generation services company.
To hire 300 graduates in those regions in FY15; moves staff with strong tech skills into sales.
India's premier software services company, Infosys Limited, has reached out to its banker, the non-executive chairman of ICICI Bank, K V Kamath, to step into the shoes of its founder N R Narayana Murthy.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with gains of 24 per cent. So far in 2024, the index is up around 7 per cent against the nearly flat Nifty 50 benchmark index. The IT index has been on a continuous decline in the last three sessions.
Infosys has a proven track record of delivering services for over 15 years now. So, the long-term growth prospects, from this perspective, are encouraging.
Murthy sought the shareholders understanding, support and encouragement in this exciting and rewarding journey of the next three years.
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America.
Will Murthy's return change the fortunes of Infosys? If yes how soon will the table be turned?
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.
Stating that he is looking forward to working with talented Infoscions, Vishal Sikka said, "I am honoured to lead Infosys, an iconic company built by pioneers in the technology industry. I look forward to working with and learning from talented Infoscions around the world."
Infosys must focus on a few steps for quicker returns, says a Barclays report.
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