In our case, the reason for this downward revision of guidance is because there are clients where we have had one time hits because of ramp-downs and things like this, says the Infosys CEO.
In the past two years, Sikka has brought in new measures by putting project managers to pitch how they cut time, saved costs and improved productivity
India accounted for 2.2 per cent of the revenues of Infosys.
Here was an Indian like you and me, who reached the country's highest office without compromising on his integrity or values. Here was a politician who was not a Muslim, or Tamil, or a boatman's son -- but an Indian president, who opened his office to all Indians, says Sriram Karri.
Far from public glare, company is investing in tech firms and providing consultancy.
In another significant senior-level realignment at Infosys, V Balakrishnan, one of the two internal candidates being considered for the chief executive's post, has been given additional charge of the new utilities and resources vertical.
Designing is another critical area for him, especially in the business of furniture.
Reminiscing time spent at the firm he co-created with six other friends in 1981, Infosys non-executive chairman S Gopalakrishnan said many major events in his life are linked to major milestones of Infosys.
Pai argued that at a time when the salary for entry level software engineers had not been raised in the IT industry in India for the past seven years, it was totally wrong to hike the compensation for top-level executives.
Raghu Krishnan profiles the man in the eye of the storm at Infosys.
Infosys has said it will look into allegations that $200-million Panaya deal was significantly overvalued.
The new platform will deliver insights that help brands accurately sense and fulfil consumer demand while significantly improving sales and operational performance.
Murthy's charges, he said, are patently false and slanderous.
Balakrishnan, head of the BPO, Finacle and India business units at Infosys, is widely seen as a contender for CEO after the incumbent S D Shibulal's term ends in 2015.
Shares in Infosys Ltd rose as much 6.7 percent on Friday, after the company raised the lower-end of its fiscal 2014 dollar revenue growth guidance.
Its aim is to make computer programming accessible for everyone.
'One way to deal with these is to address these quickly and have rapid reaction teams in New Delhi, the state capitals and wherever possible.'
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
The route to that target is clear in Sikka's mind.
Murthy talks about his role at the company, retirement plans and the direction in which Infosys is headed.
At a time when speculation was rife about its course after the organisational rejig last week, Infosys on Friday validated the changes, exuding strong faith in its leadership pipeline and gave a clear signal that the company was unperturbed by the slew of senior exits in the recent past.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
Vishal Sikka said such a plan is on the anvil.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Refutes claims of differences between board, founders and Sikka; board needs to do better scrutiny, says Mohandas Pai.
'Our drains are not filled with bodies, our hospitals not run out of beds.' 'That good news, or absence of expected bad news, is the truth that so many in the international community, and also within India, seem unable to handle,' notes Shekhar Gupta.
The founders, who hold 12.75 per cent stake in Infosys, together with a dozen leading institutional investors with a cumulative stake of about 10 per cent forced the Infosys board to bring back Nilekani.
The country would see more economic progress if the private sector was left to run business without government interference, Infosys founder N R Narayana Murthy has said at the Jaipur Literature Festival.
Slow growth over several quarters has drawn criticism from various stakeholders including the shareholders.
'The film released when I was in Class 8. Most of the characters in it inspired me' says Sarvesh Mehtani.
Former Union Minister Arun Shourie on Monday accused Prime Minister Narendra Modi of deliberately maintaining silence on incidents like Dadri lynching while his ministerial.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
The Infosys saga shows how efforts to remote-control a company by its powerful promoter, even with good intentions, might hurt the entity, says Asish K Bhattacharyya.
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
'The time has come to substitute the present Constitutional set-up with an alternative democratic framework,' argues B S Raghavan, the distinguished civil servant.
An appraisal of performance of the board and practice of values and their synergy with the organisational strategy are all crucial for an organisation to evolve into an institution, say Ramachandran Kavil & Sougata Ray.
Indian cos or academic institutions accounted for only 1,394 patent cooperation treaty applications
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
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