New 'stay calm, don't panic' CEO Salil Parekh aims to steady troubled InfosysParekh will have to balance maintaining a genial relationship with strong-willed founders such as Murthy with taking bold steps to revive g...
04 Dec, 2017, 06.50 AM IST
Cigniti appoints Phaneesh Murthy and two others as Independent Directors on its BoardC V Subramanyam, Managing Director of Cigniti Technologies, said “This is a very significant development towards strengthening brand Cignit...
03 Jul, 2017, 06.52 PM IST
Apax keen to invest at least $1 billion in India over next 4 yearsBuoyed by the ongoing reforms agenda of the Modi govt, favourable demographics and an uptick in domestic consumption, Apax will also back h...
07 Apr, 2017, 10.44 PM IST
Phaneesh Murthy joins Cigniti Technologies boardPhaneesh Murthy, who spearheaded the growth story of companies like Infosys and iGATE, has joined the board of Cigniti Technologies Inc as ...
19 Jan, 2017, 07.07 PM IST
Blackstone, Apollo in race with Tech Mahindra to acquire MphasisBlackstone and Apollo are in the race to acquire Mphasis after HP revived plans to sell its controlling 60.4% stake in the subsidiary.
04 Feb, 2016, 04.00 AM IST
Indian IT industry eyes digitisation, automation for growth in 2016While exports will continue to account for a lion's share, Nasscom expects domestic market to see 15-17% growth, boosted by Digital India i...
27 Dec, 2015, 12.54 PM IST
Actifio Inc to raise $100 million from crossover investors by mid-2015The company is looking at crossover investors to fund the current round, following which Actifio will look at going public in a year’s time.
19 Jan, 2015, 09.20 PM IST
EXLServices starts hunt for partner, may sell 15-20%EXL, which competes with rival Genpact and WNS Global Services, has appointed Citigroup Capital Markets to scout for buyers, people with kn...
02 Apr, 2014, 04.14 AM IST
Satya Nadella, India-born insider, named new Microsoft CEO; Bill Gates steps downMicrosoft also announced that John Thompson, lead independent director, will succeed Gates as chairman.
05 Feb, 2014, 02.46 AM IST
Phaneesh Murthy to offer consultancy in business strategy and restructuringPhaneesh Murthy has revived a partnership with his wife Jaya for the business advisory services company Primentor Inc.
10 Dec, 2013, 03.58 AM IST
Phaneesh Murthy Round 2: Randall Aiman-Smith, the lawyer Murthy loves to hateAiman-Smith represented the Infosys employee Reka Maximovitch in 2002-03 when she leveled charges of sexually harassment against Murthy.
23 May, 2013, 04.00 AM IST
Phaneesh Murthy may lose about Rs 84 crore as severance benefits from iGateMurthy, who was sacked yesterday for not disclosing a relationship with a subordinate, however, is entitled to a post termination benefit o...
22 May, 2013, 06.03 PM IST
IIT Placements: Samsung, Google offer top salariesThe top offer thus far is an annual package of Rs 81.6 lakh from South Korean multinational conglomerate Samsung at IIT Madras.
02 Dec, 2012, 06.25 AM IST
- Infotech looks ahead to high growth, innovation
While 2010 was characterized by restructuring , consolidation, pragmatic learning and smart budgeting , 2011 will continue to build on that...
27 Dec, 2010, 04.05 AM IST
Ayodhya: India Inc plays it safe, lets staff leave earlyWorried that Allahabad HC verdict on the Ayodhya dispute could spark unrest, India Inc played it safe on Thursday, with many cos shutting o...
01 Oct, 2010, 02.03 AM IST
- Heard on the street
The sale of IDBI Home Finance (IHFL), which was on the verge of being finalised, now seems to have run into an unexpected hurdle.
24 Jan, 2009, 01.44 AM IST
- iGate hives off staffing arm
IT services provider iGate Corporation Board of Directors approved and set record date of September 8 for proposed tax-free spin-off of Mas...
08 Sep, 2008, 09.34 PM IST