The Infosys stock on Friday touched a two-year high, after brokerage firm CLSA said the company had the potential to double investors' money through the next three years.
The decision has been taken because Executive Chairman N R Narayana Murthy attempts to bring Infosys back to basics.
The 20-stock index is up about 20 per cent in the past year - it has done much better than the Nifty's 12.5 per cent.
Many chairmen & MDs continue to hold reins well into their 80s.
A brilliant academic record, a self-effacing demeanour and a willingness to work hard - plus the famous Murthy DNA, even if he spells his surname differently. But do these justify Rohan Murty's entry into Infosys?
Rishi Sunak, the former UK chancellor of the exchequer, on Friday formally launched his leadership bid to succeed Boris Johnson as the new Conservative Party leader and future British prime minister.
Murthy comes at a time when the company is losing market share, profitability, and has lost control over predictability of the business.
The company should reward the confidence of the shareholders by returning some cash to them.
'Rohan would be my executive assistant and he would receive a salary of Re 1 a year.'
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.
Infosys co-founder Murthy was named 'Philanthropist of the Year'
In the last three years, photographer Zakia Shakir has zigzagged across the world to train her camera on some of India's most famous men.
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.
Infosys founder Narayana Murthy on Tuesday said he has not given a donation to Arvind Kejriwal for political activities and had declined a request from him for financial assistance two months ago. Murthy had in 2008 agreed to give Kejriwal's Public Cause Research Foundation Rs 25 lakh per year for five years and brought the Tata Social Welfare Trust on board to donate an equal amount for the same period to raise awareness about the Right to Information Act.
Infosys chief mentor Narayana Murthy has been felicitated with the Global Leadership and Free Enterprise awards by the University of South Florida in recognition of his entrepreneurial spirit.
Bala gets Murthy's open backing but it's an open field in this long run-up to Shibulal's handing over.
India's premier software services company, Infosys Limited, has reached out to its banker, the non-executive chairman of ICICI Bank, K V Kamath, to step into the shoes of its founder N R Narayana Murthy.
The Bharat Jodo Yatra, Ramesh said, has been a "real booster dose" for the public relationship of the Congress.
Murthy best performer in IT stock returns, TCS' Chandra in pole position among current chief executives.
The new chairman assumes his role at perhaps one of the most challenging times for both the company and the industry.
Industry is of the view that rising interest rates is increasing the input cost as loans are getting costlier.
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.
Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.
With the former prime minister stepping aside on Sunday night saying it was "simply not the right time" for his comeback, the prospect of a Diwali victory for Sunak cannot be ruled out.
Murthy added that global economic scenario is not in good shape as developed economies are not performing well.
Refusing to be drawn into the debate over presidential candidature, Infosys mentor N R Narayana Murthy on Monday said the decision of choosing the best candidate should be left to leaders of political parities.
Infosys Science Foundation announced 2011 prize winners across five categories.
The Infosys Science Foundation on Monday announced the winners of the Infosys Prize 2010 recognizing outstanding contributions to scientific research that have impacted India.
Murthy will also present the inaugural Richard Larkins Oration on the occasion.
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.
The year 2011 could end up being the mother of all years as far as corporate succession is concerned.
Infosys founder said that apart from the top 20 per cent of students who crack the tough IIT entrance examination and can 'stand among the best anywhere in the world,' quality of the remaining 80 per cent of students leave much to be desired.
After making a strong opening, shares of Infosys further jumped 9 per cent to Rs 2,624.90 on the BSE.
nfosys Managing Director and CEO S (Kris) Gopalakrishnan speaks about the company to Business Standard.
True, Infosys is on course to starting its first overseas campus in China, but only four years ago the Indian IT major's co-founder and ex-chairman, N R Narayana Murthy, was apprehensive about its expansion in the East Asian nation, according to WikiLeaks.
With ICT, there is a need to re-look at traditional models of business management, says Narayana Murthy.
Asks India Inc for a list of concerns in 4 weeks, to coordinate policy response within 60 days; FM says prevailing cynicism based on perception, not facts.
Infosys founder, N R Narayana Murthy, otherwise an admirer of the government, says he's unhappy at the way Sonia Gandhi and Manmohan Singh have handled the Lok Pal Bill issue.
Shareholders bid adieu to the co-founder and chairman who will retire in August.
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.
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