The comments come in the wake of the scrutiny at Infosys following yet another whistleblower allegation on the veracity of the accounts, and chairman Nandan Nilekani's assertions that even god cannot change the accounts at Infy.
"West Bengal has to first change its image first. The change of image is happening now, but it needs to be seen whether this change is sustainable or not", Pai told PTI on the sidelines of Horasis Asia meeting here today.
Stating that time has now come to tackle the sources of black money after demonetisation, the former Chief Financial Officer of IT major Infosys Ltd said registration charges on land and property across India annually are estimated at around Rs 1 lakh crore.
On the impact of President-elect Donald Trump, Brexit and possible trade barriers on Indian IT, the technology investor said he expects it to be "very marginal".
The Indian IT industry today leaned on US President-elect Donald Trump's business credentials to hope he would not push through with his pre-election anti-outsourcing rhetoric, given the key role the sector plays in keeping American economy competitive.
YES Bank MD and CEO says the new Reserve Bank Governor should go beyond focusing on consumer price index as the anchor of monetary policy and must also take into account wholesale price index.
The venture fund will invest in early-stage product innovation startups, seed funding of up to Rs 3 crore and subsequent co-investment at series A stage of up to Rs 5 crore, a statement said.
"Pai has agreed to send us a draft startup policy. We already have startups. We will refine and will move forward, and make West Bengal and Kolkata startup capital of India," he said.
According to a poll, the government still enjoys high approval ratings from corporate India. The two areas where there is clearly some displeasure include maiden Budget and a continuation of tax uncertainty.
Five Infy watchers spell out the challenges that the company and NR Narayana Murthy will have to face up to
The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the top of India's showpiece outsourcer.
Here are some major events in the history of Infosys, which shocked investors last month by missing annual sales guidance and forecasting lower-than-expected sales growth for the fiscal year that started on April 1.
The Facebook IPO may reinvigorate in the American primary markets. But here in India the dry spell continues. Last year 29 IPOs were called off and in January - 4 IPOs got cancelled.
CNBC-TV18's Sunanda Jayaseelan spoke to TV Mohandas Pai, the former HR Head at Infosys on the new management who takes on the mantle from Mr Murthy.
TV Mohandas Pai, who in a surprise move quit Infosys and its Board of Directors, said he is considering the Bangalore University's offer to co-chair its proposed school of economics.
Member of the Infosys board TV Mohandas Pai has resigned from the company. The news comes on the sidelines of the companies fourth quarter results announcement on Friday.
Kaushik Basu, Chief Economic Advisor, PV Bhide, Former Revenue Secretary, Dhruv Sawhney, CMD, Triveni Engineering and TV Mohandas Pai, Head-Administration & HR, Infosys, in an exclusive interview with CNBC-TV18’s Shereen Bhan, gave their expert views on how they viewed the budget.
TV Mohandas Pai, Director, Human Resources and Member of Infosys Board is hopeful that STPI benefits will be extended in this year’s budget.
Infosys' performance in the December quarter has been tad below street estimates. The company has reported consolidated net profit at Rs 1,780 crore as against Rs 1,737 crore in previous quarter, a growth of 2.48% (based on IFRS - International Financial Reporting Standards).