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Of Arvind Kejriwal, Narayana Murthy said that he (Kejriwal) has done certain good things. However, he also has to be reasonable to business, Murthy said. At present, Kejriwal is in the news for his public confrontation with power distribution companies over tariff hike.
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Speaking on the sidelines of the Davos 2014, the spotlight of the World Economic Forum, S Gopalakrishnan, president, CII & vice chairperson, Infosys, believes will be on equality equity.
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Vineet Nayyar, Vice Chairman of Tech Mahindra expects Mahindra Engineering Services (MES) merger to play a big role in growth going forward.
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V Balakrishnan, director and former CFO of Infosys says the beauty of Infosys atleast is that it has got good leadership bandwidth which can come and take that role and play.
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In an interview to CNBC-TV18, Som Mittal, President, NASSCOM spoke about IT sector growth trajectory.
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While Shiv Nadar, founder and chairman, HCL Tech, is confident the company will not be sold out in the next 10 years, Roshni Nadar, executive director and chief executive officer, HCL Corporation adds that the same is unlikely for the next 20 years.
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SME sector has the potential to add significant value to India's economy as it happens in developed nations. Therefore encouraging SME sector is a very important activity, says Narayana Murthy.
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It becomes difficult when a strategic plan like the Infosys 3.0 needs to be implemented. So, there has to be someone who can rally opinion and guide the company ahead and Narayana Murthy is ideal for that.
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Shibu understood what Infosys 3.0 is, but unfortunately the company has not delivered any thought leadership that the market needed from them. Infosys has had a problem in stepping out of their comfort zone, Satchit Vir said.
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Kiran Mazumdar Shaw, MD, Biocon says Narayana Murthy's return would have probably been a tough decision, as most succession plans are and will undoubtedly help boost investor and employee confidence.
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Rostow Ravanan, Co founder and CFO of Mindtree believes that Narayana Murthy's return to Infosys will ensure flawless execution of strategiesis and is in the best interest of the company.
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Infosys will continue to invest more in continental Europe market, as it sees great potential for growth in this market, says S D Shibulal, chief executive officer and managing director, Infosys.
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Adi Godrej, chairman, Godrej Group and president, CII and Kris Gopalakrishnan, co-chairman of Infosys Technologies and president-designate, CII, on CNBC-TV18, explain the reasons for the upbeat mood on 2013.
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Infosys today listed its shares at the New York Stock Exchange. The company moved its shares from Nasdaq to NYSE. Speaking to CNBC-TV18 Infy, CEO, Shibulal said the move is part of a wider strategy and also added that Paris and London listing is also in the offing
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Moshe Katri, MD, Cowen & Co explains on CNBC-TV18 that a survey of the Indian IT sector indicated that the IT giant's management lacked initiative was hampened by a rise in the market share of global rivals in India and was unable to cope with a lackluster economy
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Out performing some of biggest names in IT, Tata Consultancy Services (TCS) has emerged as the poster boy in the country. N Chandrasekaran, CEO, TCS, has been credited for transforming TCS – India‘s largest IT services company into an even bigger juggernaut.
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Som Mittal, president, NASSCOM says he expects IT sector growth in double digits. "We had given a guidance that we will have a growth of 11-14 percent this year. Our review, after six months, is that we will still be in double digits. We will still be in double digits and probably closer to the lower end of our guidance, 11 percent," he adds.
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The third quarter of the year has turned out to be a weak quarter as far as the number and size of M&A deals are concerned.
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SD Shibulal, the current Chief Executive Officer and Managing Director of Infosys, is one of the seven engineers who launched the company in 1981 by pooling in USD 250 million to make what is today one of India's largest IT giants.
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Despite two consecutive quarters of revenue decline, Infosys says that it is not worried with Cognizant taking over in quarterly revenues. Rather, the company is focused on its growth trajectory and expects to see a recovery in the medium to long term.
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Sudin Apte of Offshore Insights and Partha Iyengar of Gartner discuss, on CNBC-TV18, the change of guard in the IT sector in the backdrop of Infosys declaring results today.
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The shocker from Infosys which has given out with a revenue guidance of 8-10%, is much lower than NASSCOM's guidance for the IT sector as a whole.
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Narayana Murthy a legendary and visionary in India, who built a multi billion dollar empire stretching from Bangalore to Boston. He is the founder of Infosys and architect of the biggest wealth creation stories in this country.
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Som Mittal, president of NASSCOM joins CNBC-TV18 to talk about the IT sector and how growth outlook looks there. He is confident of seeing a double digit growth in FY13. “We maintain that the IT industry is set to grow at 16-18% this year,” he says.
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Shares of software major Infosys fell sharply as the rupee hit the 52-mark against the dollar -- its weakest since March 12, 2009.
