Infosys turnaround will take 'three years'

Infosys shareholders on Saturday welcomed the re-appointment of company's co-founder N R Narayana Murthy as executive chairman, but expressed disappointment over the firm's performance. Worried over falling profits, the shareholders raised concerns over rising attrition rate and the company losing focus to make profit as some of the other IT companies were doing. At the 32nd Annual General Meeting here, K Narayan, a shareholder, was critical of the company's "failure" to identify an eligible ...

Infosys co-founder N.R. Narayana Murthy, whose executive chairmanship was ratified by the shareholders on Saturday, promised to rebuild a desirable Infosys in 36 months. Addressing the companys Annual General Meeting, Mr. Murthy hinted that the company may ...

Infosys co-founder N R Narayana Murthy, who along with other senior executives, faced a litany of complaints from irate shareholders on Saturday at the company's annual general meeting (AGM), responded with an assertive speech, promising change. ...

There's more right than wrong in that strategy in Infosys co-founder Narayana Murthy's return to the company, says R Sriram. By R Sriram In 2012, long after NR Narayana Murthy had stepped down from Infosys and the Bangalore-headquartered firm was busy ...

As Infosys approaches middle age, Narayana Murthy should perhaps let his 'middle child' make its own mistakes and live its own life, writes Prosenjit Datta TEXT SIZE : A | A | A TOOLS RELATED STORIES A lot of the disappointment voiced about ...

When Infosys founders sat in a small room in Mumbai in 1981 discussing the vision for their new company, N.R. Narayana Murthy suggested, "Why don't we build India's most respected company"? And that is just what they went on to do, making Infosys ...

Observers feel the Infosys co-founder has compromised the high corporate governance standards he had previously set. RELATED BANGALORE: The markets have cheered N R Narayana Murthy's second innings, but a section of market observers feel the Infosys ...

The Infosys board's move to recall co-founder N R Narayana Murthy at the helm of affairs hasn't secured favourable reactions from proxy advisory and corporate governance research firms. A minority investor looking at Infosys from a five-year perspective should be worried, says Shriram Subramanian, founder and managing director, InGovern Research Services. "Infosys hasn't stood for its espoused principles; it doesn't have an effective board and leadership and succession plans in place," he ...

The decision to recall retired co-founder N. R. Narayana Murthy for the role of executive chairman will boost morale but won't solve the fundamental problems in the outsourcer's sales model, according to an analyst. Forrester India vice president ...