Stating that uncertainty is not good for industry in general, and currency movements are going to be unpredictable at this point of time, he said one does not know now whether this is going to trigger a cascading set of reactions.
Infosys cofounder S Gopalakrishnan today launched a new app 'itihaasa' that chronicles the "fascinating journey" of the Indian IT industry since the 1950s. He added that 'itihaasa' is one of the largest chronicles of its kind with 600 videos featuring 44 technology stalwarts.
About 78 lakh equity shares of Infosys changed hands via multiple blocks on BSE & NSE at a price of around Rs 1,150 apiece.
The start-up environment is maturing and the number of start-ups is also rising dramatically, says S Gopalakrishnan, former executive VC of Infosys
Sikka said, “I only feel a tremendous sense of excitement and privilege to help take this iconic company.â€
Last two founders Narayana Murthy and S Gopalakrishnan have remitted office and now founders have neither association/nor exercise any control over the affairs of Infosys and have requested to seek appropriate classification of their revised status.
Don't see anything specific for manufacturing space: CII
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.
NR Narayana Murthy has been appointed executive chairman to guide the company keeping in mind the challenges the technology industry and the company faces, said KV Kamath who is stepping down as board chairman effective Saturday.
S Gopalakrishnan, co-founder and executive co-chairman of Infosys, has been elected as the president of the industry body CII for the year 2013-14.
Enthused by improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys says it is bullish over better growth prospects of IT sector in 2013 and expects greater job creation this year.
Infosys Executive co-Chairman S Gopalakrishnan today said 2013 will be a better year for the USD 100 billion Indian IT industry as economic environment improves and businesses invest in technology.
In an interview to CNBC-TV18, S Gopalakrishnan, co-founder and executive co-chairman of Infosys and N Chandrasekaran, chief executive officer of TCS speack about what Obama's resounding victory means for the US economy, India and the IT sector.
Adi Godrej, Chairman of the Godrej Group, has been elected as the president of Confederation of Indian Industry (CII) for the year 2012-13.
Tamil Nadu has done well on many fronts including sanitation and communication over a period of 10 years, the Census 2011 facts reveal.
S Gopalakrishnan, Co-Chairman, Infosys finds that from an investment perspective, infrastructure, education and skill building are the areas which require investment.
It's taxing times for Infosys. Earlier this month, the Karnataka High Court upheld the tax department's stand that work carried out by Infosys for overseas clients was technical in nature and hence could be taxed.
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.
Having successfully steered Infosys to a place among the top IT companies of the world in the short span of 20 years, N R Narayana Murthy will step down as Chairman of the company today, albeit with firm indications that he will continue to guide the organisation.
Software major Infosys Technologies today announced composition of new Executive Council (EC), a high level body that frames its business strategy.
In an interview with CNBC-TV18, IT bellwether’s management spoke about the quarter gone by and gave their outlook going forward. The management said the company had achieved upper end of the guidance.
Technology bellwether Infosys has raised its full year (2011-12) EPS (earnings per share) guidance slightly to Rs 128.20-130.08, compared with Rs 126.05-128.21 it had guided at the end of the fourth quarter. Revenue for the fiscal is expected to be in Rs 31,777-32,311 crore range, up 15.5-17.5%.
Mukesh Ambani has got company of at least 29 fellow corporate executives, including four from his own group Reliance Industries, in terms of annual salaries running into crores of rupees for the latest fiscal.
Infosys Technologies Ltd, India's No 2 software services exporter, is on the hunt for acquisitions in Europe and Japan and in industries including healthcare and public services, its chief executive said on Sunday.
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.