Tag Archive | infy
Infosys Senior Vice President calls it quits
January 3, 2012 By V. Ganesh Infosys has seen yet another high profile exit in its middle top management. Binod Hampapur Rangadore or HR Binod as he is known in the IT circle, who was the Senior Vice-President and Global Head for Corporate Relations, has resigned from the company after almost 20 years. According […]
Visa wars & lawsuits galore!
Yep, Infy has done it again! August 9, 2012 By V. Ganesh Another Infosys employee has filed a lawsuit against Infosys, alleging that he too was harassed in retaliation for blowing the whistle on visa fraud. Mr. Satya Dev Tripuraneni, an Indian American who worked for five years at the Infosys Silicon Valley office in […]
Infosys whistleblower case going to trial
July 25, 2012 By V. Ganesh The lawsuit filed against Infosys by Mr. Jack Palmer is going to trial next month. On July 6th a US District Court Judge, Myron H. Thompson, had ordered Mr. Palmer and Infosys to engage in mediation, to attempt an out of court settlement. However, mediation talks held earlier in the […]
TCS overshadows Infy across the board
July 19, 2012 By V. Ganesh TCS has surpassed Infosys over the last few quarters across nearly all parameters. These include higher employee utilisation, volume growth, strong client pipeline, more opportunities in discretionary projects and growth in ‘troubled’ sectors such as telecom and BFSI. Employee utilisation, which refers to the number of employees working […]
Infosys posts 32% growth in Q1, slashes revenue guidance
Sequentially, net profit falls 1.2% on Euro/US crisis July 12, 2012 By V. Ganesh Infosys stocks dwindled by 8% Thursday after the company said it was cutting its revenue guidance by half for the year. Infy reduced its revenue guidance 5% to $7.34 billion down from its April estimate of 8-10% growth. Announcing its first […]
Europe good for Infy?
Interview with V. Balakrishnan, CFO and Board Member of Infosys July 12, 2012 By V. Ganesh Infosys continues to endure tough times. In fiscal 2012, the company lowered its guidance three times and in the first quarter of FY13, the company has again revised its guidance for the year ahead to 5% from the8-10% […]
Mediation ordered for Infosys whistleblower case
July 6, 2012 By V. Ganesh According to a report in the US media, District Court Judge Myron H. Thompson has ordered a mediation conference between Infosys and their US employee, Mr. Jack Palmer. The mediation conference is intended to give both parties the opportunity to settle out of court. An Infosys spokesperson claimed this […]
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