Advertisement

HindustanTimes Mon,21 Apr 2014

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)

The chief financial officer (CFO) of Infosys Technologies Ltd stepped down on Friday in the backdrop of growth problems.

Advertisement


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.

Advertisement
more from Business

TCS, Mitsubishi to form software services company

India's largest IT services exporter Tata Consultancy Services has signed a pact with Japan's Mitsubishi Corp to create a Japanese software services provider, the companies said in a statement.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved