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HindustanTimes Wed,26 Nov 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.

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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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