The company, which can offer public, private and hybrid cloud services, has also appointed Vikas Arora, former general manager of Dell EMC Asia Pacific and Japan, to head its cloud business in March.
When Bansal left, Infy had agreed to pay him Rs 17.38 cr as severance, about two years of pay. But it paid out only about Rs 5 cr before suspending the payments.
New venture to improve sales enablement and understand startups.
Going gets tough for Infosys as it battles serious challenges ranging from founders’quibbles to visa curbs and automation.
"I must clarify saying Ravi's name did not come from the promoters. We don't need somebody else introducing Ravi to the board," says Seshasayee.
Ravi Venkatesan would likely take the lead in matters of strategy while Seshasayee would be responsible for governance and talking to investors.
"The reality is that especially over the last quarter, generally, there have been distractions and noise. We have to deal with this," says Vishal Sikka.
“We will use acquisitions to plug tech gaps, target customers and grow in other geographies," Keshab Panda, CEO of L&T Technology Services said.
Fourth quarter earnings are key for India’s outsourcing-centered technology industry as the performance in the quarter sets the base for growth for the 1st qtr of FY 18.
The rupee, which has strengthened over 4% since the last quarter, has hurt the sector's fourth-quarter results, though the impact will be greater in FY18.
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