Infy CFO quits amid growth problems

  • HT Correspondent, Hindustan Times, Bangalore
  • |
  • Updated: Oct 13, 2012 12:13 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.


also read

Budget for savings, industrial development, middle class: Here's what co...

blog comments powered by Disqus