New York: IT giant Infosys paid its top management personnel a total remuneration of $ 10.7 million (over Rs 50 crore) during the last fiscal, marking an increase of about 50 per cent from the previous year. The remuneration paid to its key management personnel, which includes directors and executive council members, had remained almost unchanged at about $ 7 million for fiscals, 2009-10 and 2010-11, as per an annual...
04:36 PM, May 13, 2012
Mumbai: Infosys non-executive chairman KV Kamath on Friday said that the next decade will belong to the small and medium enterprises as the growth will move to the hinterlands in future. "Our growth momentum and transformation in terms of being a very large consumer-driven economy means that the next decade is going to be the SMEs because without their support large companies cannot grow. It provides a virtuous cycle in...
02:56 AM, Feb 25, 2012
Bangalore: The country's second-largest software exporter Infosys is on the lookout for acquisitions in the products and platforms space, a top official on Wednesday said. "We are in multiple conversations both large and small. Acquisition is extremely strategic and we are looking at acquisitions to augment that strategic direction," Infosys CEO and MD SD Shibulal said. In this regard, an acquisition in the product and platform space, investment areas like...
12:11 PM, Oct 12, 2011
October 21, 2011 will be a red letter day for us. A galaxy of India's best known entrepreneurs and CEOs will vie for the first Forbes India Leadership Awards that evening at The Trident in Mumbai. We've instituted these distinctive annual awards to recognise transformational leadership across the entire entrepreneurial firmament, from start-ups, mid-sized firms to the more mature organisations of global scale. We've also picked a few categories that...
10:04 AM, Sep 10, 2011
Bangalore: NR Narayana Murthy on Friday stepped down as Chairman of Infosys, bringing the curtains down on his 30-years of illustrious innings at the helm, even as he sought to inspire the new leadership team and the employees to take the company to greater heights. At the farewell ceremony at the NASDAQ-listed company's headquarters in Bangalore on Friday evening, Murthy outlined his vision for the $ 6 billion IT firm....
09:34 AM, Aug 20, 2011
New Delhi: NR Narayana Murthy, the founder and outgoing chairman of Infosys, has said in his last letter to the company's shareholders that for him leaving Infosys was like parents sending away their daughter after her marriage. "The best analogy that I can think of for this separation between Infosys and me is that of one's daughter getting married and leaving her parents' home," Murthy said in an emotional letter...
12:35 PM, May 18, 2011
Bangalore: A day after the momentous decision on NR Narayana Murthy's successor, the 65-year-old chairman of Infosys Technologies met Forbes India's Mitu Jayashankar in his office in the company's Electronic City campus. Shortly after the interview, Murthy set off to London to attend a global board meeting on May 4, after which he left for Los Angeles to see his granddaughter, who was born at 7 pm on April 27....
12:40 PM, May 16, 2011
Bangalore: If history had had its way, SD Shibulal may have never become the CEO and MD of Infosys. Not too many people know that when Infosys was still struggling, Shibulal took a five-year sabbatical and joined Sun Microsystems. Upon his return in 1996, Narayana Murthy reinstated him at par with the other founders and senior professionals. According to old-timers, it had led to significant bad blood among the founders...
12:31 PM, May 16, 2011
In conversation with the top management at Infosys after the change of guard in the company. ...
08:39 PM, May 01, 2011
Bangalore: In tandem with leadership succession plan and move to transform the company into a next-generation global player in IT arena, Infosys Technologies on Saturday said it will be renamed as Infosys Ltd. Co-Chairman-designate S Gopalakrishnan said that Infosys has a broad range of services all the way from consulting to business process outsourcing and the company's focus is to help clients achieve business results. "We felt that the brand...
10:37 PM, Apr 30, 2011
In conversation with Infosys Chairman NR Narayana Murthy who passed the baton to KV Kamath. ...
10:25 PM, Apr 30, 2011
Banglaore: Signifying the end of an era, Infosys on Saturday decided to appoint KV Kamath as the successor to its current Chairman NR Narayana Murthy. Thirty years from its inception, founder and chief mentor Murthy will step down as Chairman of the Board in August 2011 to give way to Kamath, the current non-executive Chairman of ICICI Bank. Kamath has been an independent director on the Infosys board since May...
06:18 PM, Apr 30, 2011
Bangalore: The board of India's second-largest IT company Infosys is to decide on chairman N R Narayana Murthy's successor on Saturday. If one of the founders is handed the job then the other top posts will see changes as well. Sources say the Board is also likely to be expanded. V Balakrishnan, the current CFO and two more members may join the board according to reports. There are two main...
08:08 AM, Apr 30, 2011
Sometime last year, NR Narayana Murthy, chairman and chief mentor at Infosys Technologies, asked Jeffrey Lehman, chairman of the nominations committee at the company, if he could take time out to meet with MS ‘Vindi' Banga over dinner in New York City. Lehman is entrusted with the task of finding Murthy's successor by July next year. Banga, one of the front runners to take over as chief executive from Patrick...
01:44 PM, Nov 02, 2010
She is the new MD and CEO of ICICI Bank. ...
07:01 PM, May 04, 2009
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