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.
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.
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.
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).