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B G Srinivas to join HK-based PWWC
Posted on 30th May 2014 |
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Infosys board member and president, B G Srinivas, who recently resigned from the company, will be joining PCCW Limited, which is the holding company of Hong Kong-based information and communications technology firm HKT Group Holdings Limited. Srinivas will be appointed as PCCW's group managing director and executive director, with effect from July 14. His resignation at Infosys would be effective June 10. |
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Infosys may settle for internal candidate as chief executive
Posted on 30th May 2014 |
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Experts believe Infosys might stick to an internal candidate despite the exit of its president and board member, B G Srinivas, widely seen as the strongest contender to become the Bangalore-based information technology company's next chief executive officer (CEO).Srinivas is joining Hong Kong-based PWWC, the holding company of information & communication technology firm HKT Group, as managing director. |
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Infosys slides on high-level exit
Posted on 29th May 2014 |
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Infosys is under pressure this morning after B G Srinivas, President and Board member tendered his resignation from the company. The stock is quoting at Rs 2978, weaker by Rs 193 or 6.1%, on the BSE. In what came as a surprising development to many, information technology (IT) services major Infosys on Wednesday said its president and board member B G Srinivas had quit the company. |
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IBM Corp sees huge potential for its Watson supercomputer in the Indian market
Posted on 27th May 2014 |
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NEW DELHI: International Business Machine (IBM) Corp sees huge potential for its Watson supercomputer in the Indian market in the role of an advisor or helping businesses increase competencies, even as the company tests the scalability of the technology by using it internally. "Clearly there is desire. Now it's up to us to get from that desire and interest to meaningful use cases that have business justification," said Michelle Unger, worldwide head of sales for Watson Engagements at IBM, talking about the potential Indian market for Watson. |
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Challenges abound for Narayana Murthy at Infosys
Posted on 26th May 2014 |
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Bangalore: Early on Sunday, the 160,000-odd employees of Infosys Ltd received an email sent by co-founder and chairman N.R. Narayana Murthy. “We have achieved much in the past year…reaching where we want to be won’t be easy,” Murthy said in the email, urging all employees to “think big and act boldly”. The message was similar in tone to the one addressed to shareholders earlier in May in the company’s annual report. |
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Search for next CEO: It's a tight race to the top at Infosys
Posted on 26th May 2014 |
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It is a million-dollar question on who will be the next chief executive officer (CEO) of Infosys, as the country’s second-largest IT services exporter with a revenue of $8.2 billion intensely debates whether to pick somebody from within its ranks or bring in a rank outsider. In its 33-year-old history, Infosys’s search for its next CEO is now breaking many new grounds. For the first time, it will be appointing a chief executive who does not belong to the founders’ group. |
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Focused on politics, Nilekani unlikely to return to Infosys
Posted on 22nd May 2014 |
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While few Infosys employees may see Nandan Nilekani as a potential future CEO who can help the company tide over the tough times, the technocrat-turned-politician is learnt to have 'absolutely' no such plans. Nilekani who lost out to BJP heavyweight Ananth Kumar in the recently-concluded Lok Sabha elections contesting in a Congress ticket, has decided to stay focused on building his political career, sources close to him said. |
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After exodus, Narayana Murthy's Infosys plans to retain high performers
Posted on 15th May 2014 |
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Faced with a high level of attrition, India’s second-largest IT services exporter Infosys, is going all out to strengthen its human resources (HR) initiatives to reverse the trend of people leaving the organisation and build a culture of high performance. Infosys, which had a total employee strength of 160,405 at the end of FY14 reported an attrition of 18.7%, which was a rise of 2.4% when compared to the previous fiscal. |
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Hunt for new CEO has distracted Infosys: Gartner
Posted on 14th May 2014 |
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The momentum is building up for the $86-billion Indian IT services export industry with healthy demand for outsourcing and offshoring from its key markets like US and western Europe. This buoyancy has created a kind of disruption among the top-tier Indian IT services companies and much will depend on each firm’s strategy to grab the market opportunity. |
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Srinivas, Pratt are highest-paid executives at Infosys in FY13-14
Posted on 13th May 2014 |
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Bangalore: Infosys Ltd president B.G. Srinivas and Stephen Pratt, former head of utilities and resources for North America who resigned from the company last November, have emerged as the highest-paid executives at India’s second-largest software services exporter in fiscal 2013-14, according to a regulatory filing by the company on Monday. |
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