Infosys is also exploring possibilities to create a deputy CEO role. It has interviewed a slew of candidates, including some executives from Oracle and Google.
"As a global player, you have to engage locally. And that is an advantage we have, we can connect with these startups in Bengaluru, Silicon Valley and Munich," SAP's head of products said.
CAIT said the portal’s problems could be construed as a ‘betrayal of the nation’ and asked for a third-party audit into technical and other issues related to the project.
Nasscom expects the Indian IT sector to grow 7-8% in constant currency for the financial year ending March 2018.
The sharp cut in Infosys' guidance indicates a return to its old practice of guidance so conservative that it cannot fail to meet it, said analysts.
Analysts and headhunters had seen Palo Alto as the nucleus of Infosys’ new strategy, even though the overwhelming majority of its workforce was in India.
The company, which is fully-owned by Japan's NTT Communication, offers public cloud services, co-location and managed services.
We are seeing that brick-and-mortar businesses need to drive a lot of efficiencies and they are investing in e-commerce and the digital side.
BPO company could divide domestic and international business to get a better valuation.
Government looks at bringing in universal minimum wage laws for the domestic business process operations that could destroy the industry’s slender margins.
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