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.
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.
Reader Murali Krishnan sent us these pictures from Bangalore.
Global recovery and internal shake-up at Infosys have worked in tandem.
The reunion of the two parties, which comes after a separation of three years due to what they termed "communication gap," may alter the political scenario in the state, where the local body elections are round the corner.
The Telugu film industry mourned the director.
India's corporate sector sees big ticket deals in 2013.
Brokerage firm says recovery under Narayana Murthy to take longer than expected; stock dips 3%.
The company is reaping the benefits of change as focus shifts back to traditionally-profitable businesses and deal volumes.
The son is not being groomed for a bigger role in the company as of now.
The DMK's Stalin, TN Minister D Jayakumar, the BJP's Pon Radhakrishnan... A clutch from the political class pay tribute to T N Seshan on his last journey. A Ganesh Nadar reports.
Happy hours, a discount concept popular across bars, restaurants and multiplexes, is now catching up in the health care sector, too.
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.
'If I'm able to help even a few patients during this terrible time, I'll feel I've done my duty,' Ward boy Karan Solanki tells Geetanjali Krishna.
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.
Cost cutting has begun to deliver; analysts say the real turnaround will come when Murthy's impact is evident on sales and delivery.
Some media reports stated that Rohan has been designated as a vice president, which is a relatively senior position in the company.
The company might hire a foreigner chief executive officer for the first time.
Unfazed by the exodus of top executives, Infosys co-founder and Executive Chairman N R Narayana Murthy on Friday said he wished luck to those who quit the firm and said the company has a strong cadre of leaders and that its future will not be "compromised".
According to sources privy to the development, Murthy has chosen a team of four senior executives -- former Infosys India business unit head Binod Hampapur Rangadore, Ranganath D Mavinakere, Deepak Padki and Rohan Murty.
The Infosys co-founder, who was brought back to head the firm in June last year, also expressed unhappiness over the laggard performance in the last two years.
Companies are expected to firm up their business plans for the second half of the year.
It's time to express yourself -- post a picture and tell your sibling how much you love them!
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 on Friday posted healthy growth in earnings for July-September 2013, and raised the lower end of its FY14 revenue guidance, indicating the company had regained its momentum.
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.
Analysts said the company has set conservative revenue guidance that they expect it to beat.
"There was not a single decision that I took during my second tenure without discussing it with Ranga and getting valuable input from him," says Narayana Murthy.
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.
While New Jersey, US-based OrbitBeyond leads a consortium of subcontractors who have designed and developed hardware for deep space missions, Bengaluru-based Team Indus is leading OrbitBeyond's lander engineering, reports T E Narasimhan.
Murthy's recent US trip helped to curb company's inflexible, arrogant perception
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.
Stars at filmmaker Krish Jagarlamudi's wedding!
Last year, salary increases were given only in October, when the company came under pressure from increments offered by peers.
