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.
Companies are expected to firm up their business plans for the second half of the year.
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.
For the first time since its inception over thirty years ago, these exits will lead the company to have a non-founder CEO.
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.
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.
Top decision-making body, executive council, will be dissolved on April 1.
Reader Satyanarayana Pasumarthi has sent us this photograph of the star.
Last year, salary increases were given only in October, when the company came under pressure from increments offered by peers.
The wedding took which took place today morning was attended by a lot of people from the Telugu film industry.
Tandon, 64, an IAS officer of 1965 batch, was appointed election commissioner in 2001 and will be in office till June 2006.
Companies put in strict disclosure, job switch clauses in HR policies.
The development comes at a time when Infosys' shares are trading at a record high.
Top business leaders to raise issues on investment, trade and the rupee
The fellowships are limited to 21 'immortals of literature' at a time.
N R Narayana Murthy, Chairman of the Board and Chief Mentor, Infosys Technologies, outlines the key ingredients to building a great company and the role of 'compassionate capitalism' in society.
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.
The decision has been taken because Executive Chairman N R Narayana Murthy attempts to bring Infosys back to basics.
The exit of Ashok Vemuri, board member and head of the Americas and manufacturing at Infosys, seems to have shaken the company's much-prided succession plan.
Infosys did not disclose the nature of the information sought by Securities and Exchange Board of India.
The software major Infosys Technologies on Friday said it has been served with the notice in second sexual harassment lawsuit filed against the company and its former director Phaneesh Murthy during the quarter ending December 2003.
The US legal action is likely to further strengthen public opinion, at a time of high unemployment, against information technology outsourcing -- which is seen to take away jobs from locals.
Fascinating stories of how 30 famous companies got their names.
The targeted budget for the project was reportedly projected at 750,000.
Software major Infosys Technologies Ltd on Thursday said it would contest the ruling by the Chennai bench of the Intellectual Property Appellate Board, which has held that it cannot hold a monopoly on the trademark 'Infosys.'
Recently, some software firms formed a separate body called the Indian Software Product Industry Round Table, or iSpirt.
A quick and decisive action in such incidents augurs well for the IT industry, feels the Nasscom Chairman.
Sources said the promotions, most of those on the delivery side of the business, would be handed out before October.
Last November, a lawyer for Future Retail Limited (FRL) told Delhi high court that Amazon is interfering with its lawful business and thousands may lose their jobs and FRL may go bankrupt. Senior advocate Harish Salve, who appeared for FRL, likened Amazon to East India Company. Senior advocate Gopal Subramanium, who represented Amazon, told the Future counsel to keep the "East India Company" rhetoric aside, as Amazon has invested $6.5 billion all over India and created 900,000 jobs. This drama played out in the case in which Amazon has challenged Future's $3.4-billion deal with Reliance, alleging the retailer's deal breached an agreement with the American e-commerce firm.
Too many corporate leaders cherish the crown of indispensability.
Congratulating Raj, Chief Minister K Chandrasekhar Rao praised the team led by her for their scintillating performance in the just-concluded women's World Cup, a release from the CM's office said.
The overall trend to professionalise has always seen an upward trajectory, but at varying rates of adoption.
The Olympic hockey gold medallist expressed gratitude for the financial assistance he received from unexpected quarters.
Infosys must focus on a few steps for quicker returns, says a Barclays report.
Infosys chief Narayana Murthy has emerged India's most admired business leader, ahead of late Reliance chief Dhirubhai Ambani, Azim Premji of Wipro and noted industrialist Kumarmangalam Birla, in a survey conducted among management students.
