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  • Kejriwal must be reasonable with business: Narayana Murthy Feb 06, 2014 03:35 PM IST

    Kejriwal must be reasonable with business: Narayana Murthy

    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.

  • AAP must stop practising economics of 1940s-1950s: Murthy Jan 21, 2014 09:07 AM IST

    AAP must stop practising economics of 1940s-1950s: Murthy

    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

  • Murthy on top exec exits: Good for them, good for company Jan 10, 2014 10:23 PM IST

    Murthy on top exec exits: Good for them, good for company

    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.

  • Infosys leads Sensex to rally over 100 pts; Axis Bank falls Jan 10, 2014 01:07 PM IST

    Infosys leads Sensex to rally over 100 pts; Axis Bank falls

    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).

  • Are top-level exits part of Infy's reorganisation strategy? Dec 23, 2013 01:46 PM IST

    Are top-level exits part of Infy's reorganisation strategy?

    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.

  • Infosys falls on management exits; brokerages raise concern Dec 23, 2013 10:18 AM IST

    Infosys falls on management exits; brokerages raise concern

    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, “Balakrishnan 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.”

  • Nifty hits 6300, Sensex strong; Infosys loses 1% Dec 23, 2013 09:15 AM IST

    Nifty hits 6300, Sensex strong; Infosys loses 1%

    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.

  • Will Bala's exit hamper Murthy's revival plan for Infosys? Dec 20, 2013 09:18 PM IST

    Will Bala's exit hamper Murthy's revival plan for Infosys?

    Murthy himself said it would be hard to 'imagine an Infosys without Bala's commitment and passion‘.

  • Infosys to hire around 16k engineers next year: NRN Murthy Dec 18, 2013 09:04 PM IST

    Infosys to hire around 16k engineers next year: NRN Murthy

    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.

  • Infosys unveils TradeEdge platform Dec 09, 2013 07:25 PM IST

    Infosys unveils TradeEdge platform

    The new platform will deliver insights that help brands accurately sense and fulfil consumer demand while nsignificantly improving sales and operational performance.

  • LIC cuts stake in Infosys to 4.95% Oct 20, 2013 03:54 PM IST

    LIC cuts stake in Infosys to 4.95%

    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.

  • See Infosys-TCS valuation gap narrowing: IDFC Oct 11, 2013 12:33 PM IST

    See Infosys-TCS valuation gap narrowing: IDFC

    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.

  • Infosys Q2: What does it show? Murthy is getting ready for war Oct 11, 2013 11:36 AM IST

    Infosys Q2: What does it show? Murthy is getting ready for war

    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.

  • Infosys falls, Vemuri's exit casts doubt on co's leadership Aug 29, 2013 10:08 AM IST

    Infosys falls, Vemuri's exit casts doubt on co's leadership

    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.”

  • 'Good governance starts with voting for good candidate' Aug 07, 2013 08:51 PM IST

    'Good governance starts with voting for good candidate'

    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.

  • Infosys' good results not so much Murthy effect: Zinnov Jul 13, 2013 03:59 PM IST

    Infosys' good results not so much Murthy effect: Zinnov

    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

  • Infosys Q1 net profit seen down 3% QoQ at Rs 2,315cr Jul 11, 2013 01:46 PM IST

    Infosys Q1 net profit seen down 3% QoQ at Rs 2,315cr

    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.

  • Renewed US demand to lift Infosys, India IT sector outlook Jul 10, 2013 06:29 PM IST

    Renewed US demand to lift Infosys, India IT sector outlook

    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.

  • Infosys' global sales, marketing head Basab Pradhan quits Jul 09, 2013 06:42 PM IST

    Infosys' global sales, marketing head Basab Pradhan quits

    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.

  • Earnings reset likely for Infosys: Cowen & Co Jul 02, 2013 12:54 PM IST

    Earnings reset likely for Infosys: Cowen & Co

    Moshe Khatri, Cowen & Co expects the US Immigration Bill to have significant impact on the Indian IT sector.

  • Narayana Murthy at AGM: Infosys rebuilding to take 3 yrs Jun 15, 2013 04:57 PM IST

    Narayana Murthy at AGM: Infosys rebuilding to take 3 yrs

    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 ‘desirable‘ Infosys.

  • Infosys meet today; advisory firm questions Murthy's return Jun 15, 2013 11:50 AM IST

    Infosys meet today; advisory firm questions Murthy's return

    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.

  • Murthy's return boon for staff; Infosys hikes salary by 8% Jun 13, 2013 07:17 PM IST

    Murthy's return boon for staff; Infosys hikes salary by 8%

    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.

  • Infosys hikes pay across the board after Murthy's return Jun 13, 2013 04:27 PM IST

    Infosys hikes pay across the board after Murthy's return

    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.

  • Sell Infosys on every rise: Sanjeev Agarwal Jun 12, 2013 05:14 PM IST

    Sell Infosys on every rise: Sanjeev Agarwal

    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.

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