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
Last year, traffic jumped 15 times on Snapdeal's 'Big Sale Day' on Oct 6, when it had clocked Rs 1 crore a minute of sales over 10 hours.
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
With 2020 fast approaching, it's time to get started with a healthy plan for the New Year.
What is perhaps most fascinating is that Infosys was not the first large Indian IT company to raise its head, nor has it been the largest; but it has often shown a remarkable ability to market itself so that it has punched above its weight.
Most high-profile exit since co-founder Narayana Murthy returned to the helm.
Infosys chief N.R. Narayana Murthy has said the company is looking at reducing the number of top officials and subcontractors at onsite locations in a bid to reduce operational costs, according to Barclays.
What do you, dear reader, have to say about Rohan Murty's elevation in a company founded by his father? Is it a case of nepotism, or no?
The Union ministry of corporate affairs (MCA) has informed Infosys that the appointment of Rohan Murty, son of co-founder and executive chairman N R Narayana Murthy, does not require its approval.
Her release, however, might be deferred to February 27, 2022 if she does not pay the 'in-default fine amount'. The information regarding this was revealed in a response by the Superintendent, Central Prison, Bengaluru to a Right to Information (RTI) inquiry.
Some media reports stated that Rohan has been designated as a vice president, which is a relatively senior position in the company.
As per the award, Infosys is required to pay Bansal the outstanding severance amount of Rs 12.17 crore, with interest
'The problem is not the performance under Vishal Sikka, but the quality of Infy's board of directors, argues Debashis Basu.
'Vishal Sikka may have realised that he was in no position to deliver on the promise Infosys made to its shareholders.' 'Perhaps he was looking for an escape route and he quit under the cover of "continuous drumbeats of distractions",' says Sudhir Bisht.
After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.
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.
Infosys CEO Vishal Sikka on Wednesday said the founders of India's second largest IT services firm Infosys still remain committed to the firm and the sold stock will be used for philanthropic purposes.
'We cannot be naughty and expect the government to do good!' 'We have to behave ourselves and then we can expect the government to support us.' 'If we are able to protect ourselves well, then we should not be having deaths.' 'Unfortunately, people have gotten into this super scary event participation (mode) -- birthday parties, large gatherings.' 'Among the people who have attended those, 80 to 90 per cent of them have come down with COVID-19.'
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.
The stranglehold of the founders over the Infosys management has strengthened after the recent changes.
The fee of Rs 6 lakh consists Rs 1.5 lakh in respect of each application for each alleged offence by the company and Rs 25,000 by each of the current and former key managerial personnel for each alleged offence.
As the second phase of polling commenced on Thursday amid heightened security, bigwigs came out to cast their votes for constituting the 17th Lok Sabha. Among those who took to their respective polling booths were former Finance Minister P Chidambaram, actor-turned-politician Rajinikanth, BJP candidate from Bengaluru South Tejasvi Surya, and defence minister Nirmala Sitharaman, among others.
While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
'Rohan would be my executive assistant and he would receive a salary of Re 1 a year.'
Sanghrajka has spent 13 years in Infosys over two stints and has performed various leadership roles in the finance section.
The Street is especially looking forward to the management commentary to get a sense of its new direction
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.
iGate has been hit with another sexual harassment suit by an ex-employee.
Silent support for the movement, which has recently turned its guns against industry, has come from India Inc as well, mainly from Infosys founder N R Narayana Murthy, who made donations of Rs 25 lakhs (Rs 2.5 million) in 2011.
Cinematographer V K Murthy talks about his prestigious award.
I have no hesitation to say that the cultural milieu is different, said chairman R Seshasayee in a rare media interaction.
Sheela Murthy, founder, president, and managing attorney of the Baltimore County, Maryland-based Murthy Law Firm, will be honoured by the Children's Guild with its 2012 Sadie Award for her philanthropy and humanitarianism.
Rajinikanth's visible electoral strength is his constant mouthing of the term, 'aanmiga arasiyal', or 'spiritual politics', without he having to explain what it is. By implication, it is all that what Dravidian politics is not about. It may imply anti-corruption, being against Periyar's forgotten anti-god, anti-Brahmin dictum, but also ends up covering 'Tamil pride', which begins with Tamil language where, as a Maratha from Karnataka, he has more to defend himself. However, in the contemporary national context, aanmiga arasiyal is seen as a front for Rajini to market his brand of 'soft Hindutva' but identified even more with the BJP and Prime Minister Narendra Modi, in political terms, says N Sathiya Moorthy.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals in several states are reeling under a shortage of medical oxygen and beds.
Nearly 70 Indian students in the US continue to remain in limbo after Immigration and Customs Enforcement officials raided the University of Northern Virginia and the Customs and Immigration Service subsequently rejected their transfer applications. Their attorney and counsel Sheela Murthy says that she has now advised them to file a class-action suit against the university.
'Everywhere, people would ask me why I had left films. They wanted to see more of me.' 'Their words were music to my ears.'
J R D Tata and Air India... Mrigank Warrier explores one of India's eternal love stories.
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