The IT companies are not getting clarity about clients' IT budgets because of this uncertainty.
During the quarter, Infosys and its subsidiaries added 8,930 employees.
It plans to push the growth further to 8.5 - 9 per cent.
Infosys has been demanding SEZ status to start its Bengal campus, but the state government has been against providing it.
Enthused by improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys says it is bullish over better growth prospects of IT sector in 2013 and expects greater job creation this year.
Company's co-Chairman S Gopalakrishnan says uncertainties continue as unexpected events happen
Hiring Americans can strain margins of IT firms operating in US.
Software major Infosys would wait for some more time before taking a decision on the future of its first development facility at Rajarhat near themetropolis.
Even three decades after Infosys, India's second-largest software service provider, was founded by middle-class engineers, the country has failed to create an enabling environment for first-generation entrepreneurs.
The revenue of Indian IT sector for 2011-12 is pegged at $100 billion with over 70 per cent of IT exports in US and Europe.
Sore points: Sikka's salary, high severance pay to executives, poor disclosures.
'In certain sectors we want to become catalysts, in others we want to encourage.' S D Shibulal discusses Axilor Ventures with Ayan Pramanik and Raghu Krishnan.
Parliament must insist that the government should direct its Department of Atomic Energy to immediately examine and make recommendations to the government on the structure of an independent surveillance and regulatory authority for the defence nuclear facilities, says Dr A Gopalakrishnan.
Mukesh Ambani has got company of at least 29 fellow corporate executives, including four from his own group Reliance Industries, in terms of annual salaries running into crores of rupees for the latest fiscal.
Asked what kind of pricing environment did he see in the slowdown period, Gopalakrishnan said the pricing was stable for now as the focus on cost was there since 2008 as the companies realise the perils of global slowdown.
IT major Infosys Technologies will start construction work on its first software development centre in West Bengal, at Rajarhat near here, in three to six months, a top company official said on Friday.
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.
India's second largest software exporter Infosys Ltd is eyeing big opportunities in cloud computing but advocates that there is need to put in place a policy framework for the same.
Global financial crisis has created an adverse impact on the economy especially on the Indian IT industry.
As unemployment has gone up, countries have tightened their visas. We need to make sure there is no long-term impact, said CII.
In a major top-level management restructuring, India's second largest software firm Infosys on Saturday named veteran banker K V Kamath as the new chairman to succeed founder N R Narayana Murthy, who retires in August.
Infosys says further deterioration of economic conditions in US and Europe could hit the domestic IT sector.
Stock markets in structural bull run but there can be bouts of volatility says Ravi Gopalakrishnan, head, equities, Canara Robeco Mutual Fund
Donation to go to Sarojini Damodaran Foundation and Advaith Foundation
The Infosys Science Foundation on Monday announced the winners of the Infosys Prize 2010 recognizing outstanding contributions to scientific research that have impacted India.
National Award winning composer Isaac Thomas Kottukapally on his win.
Jobs are back with a bang in India, proving it to be the most optimistic nation in terms of hiring plans.
This is the first major change of guard at India's second largest information technology services company, in the wake of the retirement of co-founder and chairman, N R Narayana Murthy, last week.
Rediff reader Meera Gopalakrishnan shares with us these images and experiences from her recent trip the Kashmir of the South!
Rediff reader Meera Gopalakrishnan shares with us these images and experiences from her recent trip the Kashmir of the South!
Infosys, the country's second largest software company, on Wednesday expressed concern over the Ohio state government's move to ban IT outsourcing to offshore locations such as India.
Industry analysts say the companies are watching the situation.
The Supreme Court on Thursday cancelled the bails granted to Price Waterhouse partner Subramani Gopalakrishnan and Satyam's internal auditor V S Prabhakar Gupta, directing them to surrender by April 30.
nfosys Managing Director and CEO S (Kris) Gopalakrishnan speaks about the company to Business Standard.
"We are looking at a gross addition of about 12,000 in our workforce and we are continuing with yearly target at 45,000 people," Infosys CEO and Managing Director S Gopalakrishnan said.
With mounting fears that the city is in danger of losing the tag of leading IT-hub, the software industry-- led by bellwether Infosys - called for development of world class infrastructure and continued government support to maintain its credentials.
Infosys managing director and chief executive officer S Gopalakrishnan speaks about Infosys, version 3.0, the IT major's culture, what it implies and how it will tackle the competition.
Murthy will hand over his role to K V Kamath, who has been an independent director on the Infosys board since May, 2009.
Shaji N Karun on helming the Malayalam film Kutti Srank which won a National Film Award for Best Film.
For the new millennium generation, slowly and at an accelerating pace, it is attractive to harbour a start-up ambition, says R Gopalakrishnan.
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