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Infosys Technologies on Friday said it would bid for multi-crore rupee projects under the Unique Identification Database Authority, which would be headed by the company's former co-chairman Nandan Nilekani, as it sees no conflict of interest.
IT major Infosys CEO and MD Kris Gopalakrishnan on Thursday expressed hope that the government would rationalise tax regime for the IT industry and extend the STP scheme to the medium and small sector in the Union Budget.
The $4.6-billion company, which had earlier made an unsuccessful bid to acquire SAP consulting firm Axon that was latter acquired by HCL, would prefer acquiring companies overseas where growing organically is a little challenge, the Bangalore-headquartered company's CEO and MD S (Kris) Gopalakrishna said.
Infosys Technologies is looking for acquistion of companies within $50 and $100-million revenue range in the segment of banking and financial services, besides health and life sciences, Infosys COO Kris Gopalakrishnan said.
Hong Kong-based Finance Asia conducts the annual poll to find Asia's top companies in different categories, including Best CEO, it said. In the best managed company category, HDFC Bank came third while in corporate governance category, the bank was ranked second after Infosys Technologies.
Infosys CEO Kris Gopalakrishnan has called for enhanced efforts to ensure adequate funds for the small and medium industries as the sector has a crucial role in creating jobs and promoting growth.
The incident took place in her hotel room in Paris on October 2.
The recession hit IT industry would show positive signs of recovery by mid-2010 and Infosys will diversify into new markets then, a top IT company official said in Chennai on Tuesday.
It is really unfortunate that this happened during a downturn. We think that in the short term, customers will ask for higher comfort level, which will enable us to go in for more trust-building, says S (Kris) Gopalakrishnan.
Infosys Technologies Limited, the Bangalore-based consulting, IT services and business process management company, is leveraging its human resource (HR) development strategies to bring new business into its fold, said company's chief executive officer and managing director S Gopalakrishnan (Kris).
Infosys employees understand the environment in which we are operating. They interact with the clients, they see the situation, says Kris Gopalakrishnan.
Infosys CEO S Kris Gopalakrishnan on Wednesday said that the IT major was looking at acquisitions in various geographies and has earmarked $450-500 million for the purpose.
Cartoon characters created and developed in local animation studios are enchanting Indian kids like never before, says Vanita Kohli-Khandekar.
India's efforts at improving the chances of becoming a force in global IT industry depend on factors such as IT policies, infrastructure-building, education, innovation and investment, said Kris Gopalakrishnan, CEO, Infosys.
Looking at the forthcoming year, while there will be macroeconomic challenges, industry in India is better off because we are still growing. If we manage the next 12-18 months, we should emerge stronger, says S Gopalakrishnan.
Australian pop singers Kylie and Dannii have more reasons to celebrate.
Former Indian captain Kris Srikkanth feels Test skipper Virat Kohli will turn out to be one of the best leaders ever for the cricket team, given his "adaptability skills". "Adaptability skills which Virat has are fantastic. You see Virat Kohli's game approach, he adapts beautifully in all the three formats. As a cricketer if you want to be a complete cricketer, you need adaptability skills and that is what cricket teaches you," Srikkanth said at a public event. The former chairman of selectors also appreciated Kohli for his "never-give up attitude".
Anil Ambani's Reliance Natural Resources Ltd is laying claim (through a family agreement prior to the group's split) to gas from estranged brother Mukesh Ambani's Reliance Industries Ltd at a fixed price of $2.34 per mBtu
Global companies, e-commerce platforms and software product firms all want skilled digital workers.
In an interview with the local media, Infosys chief executive Kris Gopalakrishnan, who is currently in Seattle for Microsoft's CEO Summit this week, said that the company plans to add more than 100 new employees as part of a big US expansion in anticipation of growth resuming in 2010. Altogether, Infosys plans to hire about 1,000 people across the US over the next 12 to 18 months, he said. Already, 14,000 of the company's 1,04,000 employees are based in the US.
Blogs, social networking and news wires sites are exploding with a furious debate over the significance of Adam Lambert's American Idol loss to Kris Allen.
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
The report published by an English daily said the promoters wanted to sell their entire stake as they were unhappy over the manner in which the company was being run.
Infosys Technologies generates over 60 per cent of its revenue from the US, which is witnessing a slowdown. A falling rupee did help the company tide over the quarter, and S Gopalakrishnan (popularly addressed as Kris) says that new opportunities, geographies and centres of excellence will have to be balanced against billing cycle delays and other pitfalls of the market.
The last couple of months have dealt a severe blow to IT firms, which has even prompted the top listed Indian IT services providers to inform investors that they need to scale down their growth expectations from the sector that, on an average, has been growing almost 30 per cent year-on-year.
"There will be no layoffs in the Indian context and, as said before, we will be recruiting 25,000 people gross. We will make our people prepared for the upturn, which will happen. We are focusing on recruiting people and training them. We are focusing on education as this is a great opportunity to make a positive brand and image for the company. We are still seeing opportunities in the market," said Kris Gopalakrishnan, CEO, Infosys.
Infosys Technologies plans to set up five SEZ in Tier II cities -- Mysore, Bangalore and Thiruvananthapuram.
The 1983 World Cup winning captain said that the batting slots should be decided according to the match situation.
Manchester United suffered a 1-0 defeat by Championship (second division) side Derby County in the first leg of their League Cup semi-final at Pride Park on Wednesday.
Celtic took a firm stride towards winning the Scottish Premier League for the fourth successive season when they beat Glasgow rivals Rangers 1-0 at Ibrox on Saturday to extend their lead to seven points.
Substitute striker Kris Boyd produced a sparkling performance to help Rangers beat Dundee United 3-2 in a penalty shootout and lift the League Cup on Sunday.
'The current financial year will see the full impact of this crisis, and we will start seeing the recovery in the next financial year.'
Software services firm Infosys Technologies has imposed a fine on its chief executive officer S 'Kris' Gopalakrishnan and an independent director Jeffrey Sean Lehman for violating company rules.
A flawless back-nine -- studded with four birdies -- helped Arjun Atwal get over a front nine slump and the Indian turned in a three-under 69 in the penultimate round to rise to the tied 11th spot in the Nationwide Tour's Bank of America Open in Glenview.
The top posts on social media from your favourite Bollywood celebrities.
The much-awaited demutualisation of Bombay Stock Exchange was completed on Friday after Asia's oldest bourse sold its 51 per cent stake to 21 investors.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
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