Feb 06, 2014 03:35 PM IST
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.
- Jan 21, 2014 09:07 AM IST
In winning the Delhi elections AAP did a good job. They spent very little money and they had a very clear theme - fighting corruption and that was very attractive to people, and therefore they won 40 per cent of the seats said Narayana Murthy
- Jan 10, 2014 10:23 PM IST
In an analyst call after the company's results, NR Narayana Murthy also said the company intended to give time to the newly-appointed presidents BG Srinivas and UB Pravin Rao and termed the decision to disband a recently-set up executive council as tough.
- Jan 10, 2014 01:07 PM IST
Shares of Infosys rose 3.6 percent intraday on Friday after it announced December quarter earnings. The stock is just Rs 5.80 away from touching its record high of Rs 3581 (tested on January 4, 2014).
- Dec 23, 2013 01:46 PM IST
The recent exit of top executives, including of V Balakrishnan, recently may be a loss to Infosys but it could be part of a reorganisation strategy led by Narayana Murthy.
- Dec 23, 2013 10:18 AM IST
Chairman Narayana Murthy has said that there is a strong management structure in place and younger talent will be given chance to grow. Addressing concerns he said, â€œBalakrishnan exit unfortunate but we have to move on. There is no issue around management structure and journey ahead will be exciting. Infosys is at a precipice of change.â€
- Dec 23, 2013 09:15 AM IST
Top management exodus at Infosys continues as V Balakrishnan, director, resigned to start his own private equity firm. This is the eight top level exit at Infosys since June. Balakrishnan told CNBC-TV18 that his exit has nothing to do with Narayana Murthy's return.
- Dec 20, 2013 09:18 PM IST
Murthy himself said it would be hard to 'imagine an Infosys without Bala's commitment and passion‘.
- Dec 18, 2013 09:04 PM IST
With improving demand for outsourcing services in the US and European markets, which account for over 80 per cent of the revenues of the USD 108 billion Indian IT sector, hiring is expected to be better than the last few years.
- Dec 09, 2013 07:25 PM IST
The new platform will deliver insights that help brands accurately sense and fulfil consumer demand while nsignificantly improving sales and operational performance.
- Oct 20, 2013 03:54 PM IST
The biggest institutional investor in the stock market had a 6.72 percent stake in Infosys during the April-June quarter. As on September 30, it fell to 4.95 percent as per the latest data available with the stock exchanges.
- Oct 11, 2013 12:33 PM IST
Hitesh Shah, IT Analyst, IDFC Securities sees FY14 Infosys growth at 0.1%, implying about 12 percent dollar revenue growth for full year. With rupee staying where it is, it should be able to do closer to Rs 190 on recurring earnings per share (EPS) for full year.
- Oct 11, 2013 11:36 AM IST
This shows that under Murthy, the company is chasing volumes in a tough market where pricing is crucial to bagging contracts from penny-pinching clients.
- Aug 29, 2013 10:08 AM IST
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.â€
- Aug 07, 2013 08:51 PM IST
N R Narayana Murthy recalled that when he left IIT Kanpur for Paris in early seventies, India was seen by most foreigners as a pitiable place, but now the world expects India to be one of the leaders to solve global problems.
- Jul 13, 2013 03:59 PM IST
Infy is now focusing more on commoditised services. They have a good position in terms of margins and spend. They are now better poised at least for the short term in terms of three years from now, in terms of winning any of the rebids
- Jul 11, 2013 01:46 PM IST
Analysts on average expect the company to report a Rupee revenue growth of 5.5 percent sequentially to 11,029 crore, while Dollar revenue is seen up 1 percent at 1.96 billion.
- Jul 10, 2013 06:29 PM IST
With improvement seen in the US economy and scope for demand for information and communication technology set to rise, Infosys and other companies in the Indian IT sector can see some revival.
- Jul 09, 2013 06:42 PM IST
Pradhan tweeted that he was resigning to go back to the startup world. He was a member of Infosys' executive council and was seen as one of the candidates for the CEO post once SD Shibulal retires in 2015.
- Jul 02, 2013 12:54 PM IST
Moshe Khatri, Cowen & Co expects the US Immigration Bill to have significant impact on the Indian IT sector.
- Jun 15, 2013 04:57 PM IST
Narayana Murthy, the founder of Infosys, who was recently brought back to the company board as executive chairman today said that it will take him at least three years to rebuild the â€˜desirable‘ Infosys.
- Jun 15, 2013 11:50 AM IST
Institutional Investor Advisory Services (IIAS), an investor advisory firm, believes that by reappointing Murthy, Infosys has compromised on the very principles it so strongly advocated during its rise to the top.
- Jun 13, 2013 07:17 PM IST
Narayana Murthy's return proves to be boon for employees, the company annouces an average 8 percent salary hike higher than 6 percent provided last year.
- Jun 13, 2013 04:27 PM IST
The pay increase will be effective July 1 for most staff, while the company's global sales force will see increases effective May 1, the company said.
- Jun 12, 2013 05:14 PM IST
Better to exit in a pullback towards higher levels and wait for a decline to buy or wait for a breakout to buy for Infosys, feels Sanjeev Agarwal, CEO, Dynamix Research & Capital Management.