Infosys founder NR Narayana Murthy and his wife, Rajya Sabha MP and noted author Sudha Murty, said the survey’s objective was to identify backward classes and that their inclusion would not serve the government’s purpose.
‘Our Dream Wedding Cost Us Rs 800’ said Sudha Murthy and Narayana Murthy. In an exclusive interview with CNBC’s Sheeren Bhan, Sudha Murthy opened up about their wedding and how they wanted it to be simple with only few people present. She shares some anecdotes from their marriage and dating life in this interview. Watch!
Earning estimates are trimmed even as the managements talk about a recovery in the current half of the year
Dipen Sheth of HDFC Securities says Infosys is the big boy of Indian IT, which has gone through a stumble in the last three-four years and the generation change or shift has played out.
The brokerage advises investors to be patient with the stock as leading indicators of revenue recovery are still at bay.
D Murthy, executive vice president (finance) of the company blames on high interest burden and input cost escalation to shrink its profits.
Some industry experts say Infosys's inflexibility on prices and margins and a tradition of rotating leadership roles amongst its founders have made it less nimble than rivals like Tata Consultancy Services Ltd and HCL Technologies Ltd.
The 66-year-old entrepreneur, who was Infosys chief executive for 19 years, is returning as executive chairman for five years. In what could be a signal of future leadership transition, Murthy's computer scientist son is coming on board as executive assistant.
If one is looking to book profits then this is time, says Ajay Srivastava, CEO, Dimensions Consulting. Despite Narayana Murthy‘s return to Infosys, Srivastava is not so gung-ho on the stock and cautions that its June quarter earnings are likely to be worse than January-March.
A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms.
Infosys co-founder N R Narayana Murthy today called for speedy trials, saying inordinate delay in justice delivery is making the public lose faith in judiciary.
YD Murthy, executive VP-finance, NCC explains to CNBC-TV18 that the award of orders from NHAI have slowed down significantly. The economic environment has made it difficult for infrastructure companies to achieve financial closure for road projects.
The re-election of US President Barack Obama is not the best news for IT outsourcing industry, according to CEO of iGATE, Phaneesh Murthy.