Infy CFO quits amid growth problems
HT Correspondent, Hindustan Times
Bangalore, October 13, 2012
First Published: 00:10 IST(13/10/2012)
Last Updated: 00:13 IST(13/10/2012)
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The chief financial officer (CFO) of Infosys Technologies Ltd stepped down on Friday in the backdrop of growth problems.
The software giant, however, said V Balakrishan would stay on as a member of the board and head the company’s BPO and banking product unit. Infy’s shares fell
5.5% on Friday as it didn’t revise upwards its revenue outlook for the year as expected.