Infosys should focus on long term goals, says pro

The recent dispute between Infosys founders and the company's board is pointless, said Trip Chowdhry, Managing Director - Equity Research at Global Equities Research. He said rather than wasting time and money on issues like the CEO Vishal Sikka's package which costs the company only a mere USD 11 million, the company should focus on its long term targets.The investors, for now, are not interested in this issue, said Sudin Apte - Principal Analyst and CEO of Offshore Insights. Rather, they want the company to reduce attrition rates in the company and bring back the company to its former glory. He said this issue is neither going to affect employee morale, nor is it going to impact client confidence.Urmil Shah of IDBI Capital said today's positive stock performance came from the Board's reassurance on the issue. The pick up in the company's growth will only start in the next fiscal. Infosys will outperform its large cap peers, added Shah.Video to follow.