CNBC-TV18 catches up with Kris Gopalakrishnan, a well known name in the Indian IT space as well as the global IT space, as part of the Emerging India Awards 2011. Kris is one of the founding members of the original Infosys team that has taken it from a company that was started with just Rs 10,000 crore to a USD 6 billion dollar enterprise now.
In an exclusive interview with Nikhil Wagle, the editor of our sister channel -- IBN Lokmat, Murthy said it would be a great honour, but might be premature to comment further.
The IT sector has been under a lot of fire recently, with the BFSI sector expected to be the epicenter of the chaos. However, TCS MD & CEO N Chandrasekaran says that most of the negative news has been factored in by clients.
In an interview to CNBC-TV18, SD Shibulal, chief executive officer of Infosys said, problems in US and Euro zone are leading to delay in clients' decisions. According to him, the company needs to remain very cautious because of all the economic uncertainties and the lack of confidence.
In an intervirew to CNBC-TV18, S Gopalakrishnan, MD and CEO, Infosys said, it is too early to talk about the global impact on the IT sector.
NR Narayana Murthy is an icon not just for the Indian IT space but also for the Indian middle class and is now leaving the company that he co-founded, Infosys. In an interview on CNBC-TV18, Murthy speaks to Shereen Bhan about what the road ahead looks like for Infosys and him.
Kris Gopalakrishnan will step down as the chief executive officer and managing director of global IT giant, Infosys, on August 21, 2011. The latest episode of Forbes India Show highlights ‘the Infosys way of things’ and brings to fore the milestones and strategies of Kris as a leader and mentor.
The technology sector was the worst hit in trade today, but IT majors are not ready to press the panic button just yet.
N Chandrasekaran, managing director and CEO of TCS, said that the company is trying to grapple with visa issues for quite sometime; however, the company's growth outlook continues to remain robust.
Anand Sankaran, senior vice president and business head of India, Middle East and Africa business at Wipro Infotech, said that Wipro Infotech, as an independent business unit, will continue to be intact and customers should not worry about the management changes.
In an interview with CNBC-TV18, V Balakrishnan, CFO, Infosys, newly inducted board member, said in the short-term, there is going to be greater volatility in the global economic environment. “That could impact the client’s ability to spend and that will impact our revenue growth also,” he added.
CNBC-TV18's Sunanda Jayaseelan spoke to TV Mohandas Pai, the former HR Head at Infosys on the new management who takes on the mantle from Mr Murthy.
Speaking to CNBC-TV18, Infosys CFO V Balakrishnan, said that the company is working closely with the US government on the complaint by the employee.
Reacting to the management restructure, principal analyst and CEO of Offshore Insights Sudin Apte says he finds the appointment of a non-IT leader at Infosys a welcome change for the industry.
Big changes have taken place at Infosys after all the hoop-la surrounding the question, who will succeed Narayana Murthy. Well, the suspense is finally over with KV Kamath taking over the mantle at Infosys. So how is competition digesting this change of guard?
NS Raghavan, co-founder of Infosys Technologies says that the shift is in lines with the expectations. “it is a transition from promoters to new leadership,” he says on his initial reaction to the change in management. He also assumes that Kamath will continue till 70 years of age.
In an interview with CNBC-TV18, Chanda Kochhar, MD and CEO, ICICI Bank clarifies that Kamath will continue to remain non-executive chairman of ICICI Bank. Kamath's appointment at Infosy will not affect his role at ICICI Bank, she adds.
Kawaljeet Saluja, Analyst, Kotak Securities and Sudin Apte, CEO and Principle Analyst, Offshore Insights, in an interview on CNBC-TV18 spoke about Infosys and the impact it had on the market on Friday.
In a move which took most people by surprise, Infosys' director in-charge, Human Resource and Administration, Mohandas Pai resigned on Friday from the board of the company with effect from June 11, 2011.
A disappointed Sanjeev Prasad of Kotak Institutional Equities they were expecting FY12 EPS guidance of Rs 132-138 for Infosys. "It seems like they have taken a conservative view of the rupee,” he said.
Nilesh Shah, MD & CEO of Envision Capital, in an interview on CNBC-TV18 spoke about how he sees Infosys' Q4 results panning out and his expectations from the IT bellwether.
Infosys founder NR Narayana Murthy said there is no need for any tax exemptions for the big IT companies.
TV Mohandas Pai, Director, Human Resources and Member of Infosys Board is hopeful that STPI benefits will be extended in this year’s budget.
In an interview with CNBC-TV18’s Kritika Saxena, Shiv Nadar from HCL Tech said that they would be go ahead with restructuring if the clients’ need demands it and how do they consider it as an opportunity to adapt.