This is the first time, perhaps, Infosys has appointed as CEO a person who has never managed P&L or has any experience in managing lakhs of employees.
Foreign institutional investors (FIIs) have continued to remain bullish on the Narayana Murthy-led Infosys, taking their holdings to record levels.
The Central Bureau of Investigation has booked ace Bharatnatyam dancer and former Chairperson of Sangeet Natak Akademi Leela Samson for alleged "unfruitful expenditure" in Rs 7.02-crore renovation project of Koothambalam auditorium of Kalakshetra Foundation, Chennai.
Monday's notices seek damages of Rs 2,000 crore (Rs 20 billion) each from The Times of India and The Economic Times, both owned by Bennett, Coleman & Co, and The Financial Express, owned by the Indian Express group, alleging some of their articles defamed Infosys.
Kris is gentle but firm, consultative yet decisive, and thoughtful yet action-oriented
No impact of exits on client engagements, says company.
Infosys has has the highest proportion of non-independent directors on its board.
Be it the industry laggard performance or harassment allegations by overseas employees, Infosys has a tough road ahead and investors will look at Sikka to sort out the issues.
IT major Infosys Technologies Ltd became the first Indian company to remotely ring the opening bell of Nasdaq from its Mysore campus on Monday.
Senior exits and across the board attrition have started affecting the company's ability to grow business
The Telugu film industry mourned the director.
Change in other variables would help in relaxing the effects of rupee appreciation
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
Some reports in the Indian media have also quoted Prof Murthy as warning that the project may result in Kerala being affected 'fiercely' in the event of a tsunami in the Indian Ocean in the future.
FC Goa clinched their first win of the ongoing Indian Super League season as they beat Kerala Blasters 3-1 at the Fatorda Stadium, in Margao, on Sunday.
Today, staff morale down the line is low, attrition last year scaled a new high, and even clients have expressed concern at the state of things.
Forbes said this year's 1,226 billionaires are a record high, up one per cent from last year's total.
Firm's dented image following Sikka's exit could bring down revenues in the margin rich US market and force Infy to hire fewer Americans, as hiring locals in developed markets comes at a cost.
Brokerage firm says recovery under Narayana Murthy to take longer than expected; stock dips 3%.
India's corporate sector sees big ticket deals in 2013.
Rahul is fascinated by history and ancient texts
Top-level exits at Bangalore-based Infosys may have led to concern about the company's medium-term growth, but these have contributed to Executive Chairman N R Narayana Murthy's strategy of cost optimisation.
The company might hire a foreigner chief executive officer for the first time.
Companies are expected to firm up their business plans for the second half of the year.
'When the virus, in a way, tires itself out, because it is not finding any more people to attack or keep itself viable, that is when the peak actually has been reached and you are on the downward limb (of the curve).'
For the first time since its inception over thirty years ago, these exits will lead the company to have a non-founder CEO.
To an outsider, the exits could signal turmoil and, perhaps, even trouble. But, Infosys, on the contrary, seems to be back as stock markets' darling.
Infosys Ltd's refocus on big-ticket contracts since the return of its founder has begun to pay off as India's No. 2 software services exporter crossed $2 billion in quarterly sales for the first time and pushed up its revenue outlook.
The aircraft broke into pieces, leading to fuel tanks catching fire at the Bangalore Airport runway. This disrupted airport operations for some time before authorities removed the debris.\n
Legal fees in such cases can go up to Rs 5 crore.
Spend on IT in US is expected to increase by 6.1 per cent in 2014.
Software giant Infosys will scale up its operations, products and services drastically to emerge as a 'truly multinational corporate entity' in the next 25 years, its Chairman N R Narayana Murthy said.
Boult was ruled out of the rest of the first Test against England after experiencing pain in his ribs, New Zealand Cricket said on Monday.
Top decision-making body, executive council, will be dissolved on April 1.
The wedding took which took place today morning was attended by a lot of people from the Telugu film industry.
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