business

Infosys falls, Vemuri's exit casts doubt on co's leadership

According to CLSA, exit of two key managers spiked Murthy's turn around efforts as Infosys is already challenged on multiple counts. The brokerage house which has set target price for the stock at Rs 3,550 a share with a buy rating says," Valuations are unlikely to rerate till stability is back at the top.”

first published: Aug 29, 2013 10:08 am