T V Mohandas Pai

Pai envisioned a future where all 140 crore Indians would pilgrimage to seek blessings from Ram Lalla, emphasising the profound impact of this transformative moment

IT companies may shed 30,000-40,000 mid-level staff: T V Mohandas Pai

Promotions are okay when companies are growing fast but when it slows down, people getting fat salaries will aggregate at the higher level, prompting companies to periodically reset their pyramids, and shedding people, Pai said.

Budget 2018: Startup investors seek abolition of angel tax

The angel tax rate in India currently stands at a whopping 30 percent, which according to Nasscom has resulted in a 53 percent drop in angel funding during the first half of 2017.

Mohandas Pai shares Jaitley's optimism on GDP growth, despite Q1 slump

Pai, who is now Managing Director of Aarin Capital, said India has seen a positive GST impact in the first month of the second quarter. He also said private investment was still weak due to excess capacity in many areas, large NPAs among other things, but that increased investment in roads and railways is showing results.

B2B startups coming up in big way: Mohandas Pai

Quoting a report, he said there are 20,000 startups in India and 90 per cent of them are B2C, because they are started by young people barely out of college.

IT export growth projection is realistic, reasonable: Experts

The numbers put out by the industry body are very realistic because the global IT spending is not going up this year and there are political uncertainties in the US and parts of Europe, two key markets of Indian firms, said T V Mohandas Pai, the former Chief Financial Officer (CFO) of Infosys.

Tightening H1B visa norms a blessing in disguise for IT firms: Mohandas Pai

The present business model of Indian IT companies -- offshore-onsite work ratio of 70:30 would now go up to 90:10, the former Chief Financial Officer of Infosys said.

Pai urges investors to question Infy's cap allocation policy

Infosys' former CFO, T V Mohandas Pai today exhorted institutional investors to raise questions about the huge cash pile on the company's books and governance issues, as investors have an obligation to protect their investment.

COMMENT: If they want $20 bn sales, Infy founders should let CEO Sikka be

Differences between board members and promoters of Infosys is making news with former board member T V Mohandas Pai lending support to promoters NR Narayana Murthy, Kris Gopalakrishnan and Nandan Nilekani.

NRN erred in focusing on only founders becoming leaders: Pai

Former Infosys CFO T V Mohandas Pai feels that the present leadership at the Bengaluru-based company is not focussed on creating shareholder value even as he reposed faith in CEO Vishal Sikka's leadership, saying there is "need for a strong chairman".

Pai backs founders, says Infosys 'destroying shareholder value'

Former chief financial officer T V Mohandas Pai blasted the board and sought detailed answers from the board regarding concerns over corporate governance and ‘excessive pay packages.

Incentivise job-intensive industries, says Mohandas Pai

"India is creating large-scale jobs. New members of EPF and ESI clearly show decent job creation, but this is inadequate for our needs," Pai, a former board member of Infosys, said.

Declarations tip of iceberg, target real estate, gold: Pai

Of this Rs 17 lakh crore, 85 percent is in Rs 100, Rs 500 and Rs 1,000 notes. "I would estimate that at Rs eight lakh crore of the Rs 17 lakh crore - around 50 percent - is black money," he said.

India's IT exports revenue to grow 9-10% this fiscal: Pai

"Europe is beginning to look better. Brexit has hurt the UK. America... we have to see what happens. Some industries are going quiet. So, we need some time, it's too premature to say anything. In 30 days, we will have a clear picture," he added.

Automation to replace lakhs of entry, mid-level IT execs: Pai

According to him, middle-level managers account for 10 percent or 450,000 people of the 4.5 million (45 lakh) strong IT industry in India. Half of them (2,25,000) would lose jobs over the next one decade as their work would get automated.

Brexit to force Indian firms to rework biz strategy: Industry

As Brexit roiled financial markets, top industry leaders today said India cannot be in a denial mode as the referendum has opened a "pandora's box of grave uncertainties" and Indian companies, especially in IT sector, will have to rework their strategies for the region

Players in financial services may relocate from London: Pai

Indian IT players catering to clients in the financial services space in London may shift their operations to other parts of Europe in the wake of Britain's exit from the European Union, says tech investor T V Mohandas Pai

Competition to get hotter for e-tailers, says Mohandas Pai

India's e-commerce players would witness very tough competition in the next one to two years, and a section of them including biggies may shut shop unless they create a sustainable business model, says tech investor T V Mohandas Pai

FM Arun Jaitley reviews sovereign wealth fund's status

The second Governing Council meeting of the Rs 40,000 crore National Investment and Infrastructure Fund (NIIF) also discussed the follow-up action being taken on the MoUs signed with Rusnano of Russia, ADIA of Abu Dhabi and Qatar Investment Authority.

Phase of exuberance in e-commerce sector over: Mohandas Pai

T V Mohandas Pai, ex-CFO of software major Infosys, said 2015 was a year of exuberance as a lot of money flowed into the sector but it is no longer the scene now.

Duke and Duchess of Cambridge Prince William and Kate Middleton Meet India`s Leading Entrepreneurs

Every success has its own different story. It requires a proper dedication and smart work to be one of the best. But when that success is being ...

Govt under-estimated how bad the economy was: Mohandas Pai

Mohandas Pai, former CFO and HR head of the Bengaluru-headquartered software major, said Prime Minister Narendra Modi has done whatever he could to deliver on his promises.

Budget likely to meet numbers for first time in 5 years: Pai

To cut down wasteful expenditure, Mohandas Pai suggested kerosene subsidy should be brought under direct benefit scheme similar to the one introduced for LPG and pushed for introducing reforms in the fertiliser sector, enhanced infrastructure spending and more allocation to health, education, irrigation and farmers' welfare.

India's e-commerce space may see a shake-up in 2 years: Pai

They are being kept alive by dollars of money." According to him, the country currently has 18,000 start-ups creating a value of USD 75 billion, with three lakh people being employed in the space. He projected 1,00,000 start-ups with USD 500 billion of value and generating 3.5 million jobs in 10 years.

Govt strategy to unearth black money a joke: Mohandas Pai

Calling it a "big failure" of the Narendra Modi government, the former Chief Financial Officer of the Bengaluru-headquartered information technology major said better intelligence and prosecution are needed to achieve the objective as the present law is "unworkable".