'Indian companies has a responsibility to create jobs for Americans, too'
Narayana Murthy requested the government to make commuting easier and provide healthcare facilities.
Global investment is agnostic when it comes to nationalism, says Kanika Datta.
Infosys has opened a new Sydney branch office to keep pace with business growth of more than 500 per cent in New South Wales over the past five years, the company said in a statement.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
Murthy sought the shareholders understanding, support and encouragement in this exciting and rewarding journey of the next three years.
Murthy, said Mohandas Pai, should focus on mentoring the next generation.
Murthy said he was anguished by the allegations, tone and tenor of statements made by the Infosys board.
After his retirement from Infosys last year, Gopalakrishnan has been active in philanthropy, science and technology
If the Indian son-in-law can become prime minister in another country, could the daughter-in-law have not become one here, especially considering that the Indian culture and tradition is for the bahu to live, think and act like her in-laws, asks N Sathiya Moorthy.
His mandate at Infosys, he says in an interview at the family office in Jayanagar and his first after the stint at Infosys, was to solve the problem of how to measure the individual productivity of a software engineer.
Sources said the promotions, most of those on the delivery side of the business, would be handed out before October.
Sikka said various people including his wife, family members, alma mater, friends and teachers have played the role of anchors to impart wisdom and clarity to his decisions.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Experts believe it is extremely important for Sikka to connect with employees to gain acceptance at Infosys, which has had home-grown leaders so far.
A bit of economic reforms stalled and decisions delayed -- what Narayana Murthy spoke of -- don't hurt if a country's compassionate and inclusive social fabric has survived intact; if the country is happy, observes Shyam G Menon.
While a three-year tax holiday and relaxation of capital gains for funds have been received favourably, others argue that not enough has been announced.
Nilekani is an organised person and his strength is simplification of complex ideas, said Murthy.
'The move is a succession plan where Sikka comes on the board as vice chairman.'
In his blog, sikka said, "It is clear to me that despite our successes over the last three years, and the powerful seeds of innovation that we have sown, I cannot carry out my job as CEO and continue to create value, while also constantly defending against unrelenting, baseless/malicious and increasingly personal attacks."
Sanghrajka has spent 13 years in Infosys over two stints and has performed various leadership roles in the finance section.
Rahul is fascinated by history and ancient texts
Asked about his relationship with the founders, Sikka said: "My relationship with the founders? It is wonderful. I meet Mr Murthy quite frequently...I have always had a heartfelt warm relationship with Mr Murthy, probably meet him 4-5-6 times a year."
E-commerce giant Amazon and Infosys co-founder N R Narayana Murthy's Catamaran Ventures have "mutually decided" to not continue their joint venture (JV) beyond the end of its current term. The JV, Prione Business Services, which has been running successfully for the past seven years, was coming up for renewal on May 19, 2022. The JV enabled over 300,000 sellers and entrepreneurs to go online. It also enabled 4 million merchants with digital payment capabilities, providing these small and medium-sized businesses (SMBs) and merchants access to millions of customers across the country.
The lock-in requirement has been reduced from three years to one year for angel funds and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh.
'The problem is not the performance under Vishal Sikka, but the quality of Infy's board of directors, argues Debashis Basu.
Stating that he is looking forward to working with talented Infoscions, Vishal Sikka said, "I am honoured to lead Infosys, an iconic company built by pioneers in the technology industry. I look forward to working with and learning from talented Infoscions around the world."
He becomes 2nd Indian to win this award; N R Narayana Murthy won it in 2003.
On the telecom sector, he demanded auctioning of more spectrum.
Faced with a spate of senior-level exits, Infosys co-founder N R Narayana Murthy has written to employees to reassure them that the "leadership changes" will be in the "best interest" of the company.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
LIC, the biggest institutional investor in the stock market, held 3.71 per cent stake in Infosys during the October-December quarter, which has fallen to 3.25 percent as of March 31, 2014.
Foreign investors hiked their stake in Infosys to a nine-year high of 42.10 per cent in the January-March period of 2014.
The tax portal problem is a goof-up by both sides, and making Infosys the only villain in the story is quite unfair, argues Shyamal Majumdar.
In the seventh top level exit in six months at Infosys, Subrahmanyam Goparaju, Senior Vice President and a member of the Executive Council that frames business strategy, has resigned.
After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.
Infosys' spending on research and development has registered a decline.
The company's net profit stood at Rs 2,875 crore (Rs 28.7 billion) in the same period last year.
In Parekh, an IIT-Bombay and Cornell University alumnus, Infosys may have finally found a person who will grab the market opportunity with good execution.
He may make a comeback as co-chairman at India's second largest software exporter.
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