The company is reaping the benefits of change as focus shifts back to traditionally-profitable businesses and deal volumes.
Supporting a strong Lokpal, Infosys Technologies Chairman Emeritus N R Narayan Murthy said reduction in corruption leads to faster economic growth of a country and this could have been the case in India also if graft had been curbed.
Sikka will take over from current Chief Executive SD Shibulal, one of the engineers who founded Infosys, on August 1.
Analysts said the company has set conservative revenue guidance that they expect it to beat.
Reader Girish spotted Nagavara Ramarao Narayana Murthy, better known as N R Narayana Murthy, one of the seven founders and now the chief mentor of Infosys Technologies, at the Indian Institute of Management, Bangalore in April 2008.
The Gujarat government has given consent for setting up an international centre of excellence to nurture youth into entrepreneurs, which will be guided by chairman and founder mentor of Infosys, N R Narayana Murthy.
Union Finance Minister Nirmala Sitharaman, former chief minister B S Yediyurappa, IT industry veteran N R Narayana Murthy along with wife Sudha Murty, and Mysuru royal family member 'Rajamate' Pramoda Devi Wadiyar, were among the early voters who cast their ballot in the Karnataka Assembly polls.
Murthy will hand over his role to K V Kamath, who has been an independent director on the Infosys board since May, 2009.
Shareholders bid adieu to the co-founder and chairman who will retire in August.
Infosys chief mentor N R Narayana Murthy has been given the 'Lifetime Achievement Award' by IT magazine Dataquest for building an institution that has changed the IT scenario in the country.
I would prefer a government that is stable and progressive, a government that takes quick decisions, a government that is much more oriented towards creating jobs, and one that attracts a lot of foreign investments, says N R Narayana Murthy.
The panel's report could be considered while framing the final document for the 12th five-year Plan.
Investments by Indian corporates in IT have not risen in two years, with 40% of proposed projects being cancelled, says Infosys Chairman N R Narayana Murthy.
The challenge before Indian companies is to build brands that would have international recognition, N R Narayana Murthy, chief mentor, Infosys Technologies said on Tuesday.
Indian Institute of Management-Ahmedabad Chairman N R Narayana Murthy on Friday rejected the idea of better-off institutes supporting the weaker ones.
In a major top management re-shuffle, Infosys on Saturday said it has re-appointed N R Narayana Murthy as executive chairman and additional director with immediate effect.
"The fact that there may be a slowdown in the US means people will become much more concerned over better value for money. . . we could look at it as an opportunity," Infosys chief mentor N R Narayana Murthy said.
Software icon N R Narayana Murthy has bemoaned that the 'elite' are going unpunished though they commit 'huge crimes' in the country and saw it as 'problem with this society'.
Infosys chief mentor N R Narayana Murthy on Friday said rupee appreciation was a macro-economic issue and called upon corporates to become more efficient, productive and reduce costs.
Global banking giant HSBC on Monday said Infosys chief mentor N R Narayana Murthy will join its board in May with an annual renumeration of 65,000 pounds (about Rs 52 lakh).
If the gift is received from a relative, there is no tax implication. But if the gift is received from a non-relative and exceeds Rs 50,000 in value during a financial year, the entire value of the gift is taxable.
The British prime minister, who is of Indian origin, has often emphasised his Hindu roots and said he is proud of it.
The Second Additional City and Chief Metropolitan Magistrate M Mujahid Ulla ordered issue of summons returnable on June 21 and registering of a criminal case under Section 3 of the Prevention of Insult to National Honour Act 1971.
India will have to recruit local people at the front end of its operations to mitigate the discomfort and outsourcing fears, Infosys mentor N R Narayana Murthy said in Bengaluru on Tuesday.
Expressing hope that new Finance Minister P Chidambaram will "set right" things at the earliest, business leader NR Narayana Murthy on Friday said the government and the opposition should declare that they would never do anything on "retrospective basis".
Under a year of him as executive chairman, Infosys, has had "stellar" performance, N R Narayana Murthy said of his second innings at the top in an email to employees.
Vishal Sikka talks about his chemistry with N R Narayana Murthy and about his plans to strengthen the leadership team.
Come August 2011, N R Narayana Murthy -- the chairman and chief mentor of India's second-largest IT services firm Infosys Technologies -- will sport the designation of chairman emeritus. It is a position which Infoscions and the senior management team have decided to confer on the person who co-founded the company with six others almost 29 years ago.
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N R Narayana Murthy, chairman and chief mentor of Infosys Technologies, is considered to have set new benchmarks in corporate governance through the firm he founded. Last fortnight, he was chosen to head Nasscom's sub-committee on corporate governance.
India had failed to build world-class educational institutions due to government regulation in the higher education system giving limited opportunities to colleges and universities to adapt and change, says the Infosys boss.
Priyanka Chopra and Arjun Rampal joined an elite club of winners on Friday after being presented with the National Awards at a ceremony in New Delhi which also saw veteran cameraman V K Murthy receiving the Dada Saheb Phalke amid a standing ovation from the audience.
While some are raising questions over the company's ability to regain its position as the sector bellwether, others believe problems at the company may be "much bigger than anticipated".
Without panning Narayana Murthy's credentials, executives in many of these firms feel they are not sure about company's future.
Industry body Nasscom on Wednesday said it has formed a corporate governance and ethics committee to prevent Satyam-like incidents in future.
Shibulal talks about the company's new focus areas under the chairmanship of N R Narayana Murthy, and their rationale.
Murthy shares some of the key life events that influenced him.
There has not been a single invention from India in the last 60 years that became a household name globally, nor any idea that led to "earth shaking" invention to "delight global citizens", IT czar N R Narayana Murthy said.
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