Infy CFO quits amid growth problems

  • HT Correspondent, Hindustan Times, Bangalore
  • |
  • Updated: Oct 13, 2012 00:13 IST

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.

 

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