"For companies and individuals, there is an urgent need to evolve a systematic approach to addressing social issues by applying a combination of inspired effort and strategic thinking," writes Infosys CEO Kris Gopalakrishnan.
N.R. Narayana Murthy, Chairman & Chief Mentor, Infosys delivered the keynote speech at the inauguration of the Dell Distinguished Lecture Series at the University of Texas, Austin.
In September, a New York Times article described how companies like Infosys are having many American graduates fly in for six months of training in Bangalore followed by assignment options anywhere in the world, including America. Further, AMR Research wrote
... about Indian companies setting up numerous near-shore delivery centers in US time-zones. There you have it - India is outsourcing outsourcing.
Outsourcing' and 'Offshoring' are passé. True, they had distinct identities several years ago, when the world was still a little round. But while some of us were looking the other way, the world became flat. The boundaries blurred. And one day, poof! So why do we still use these terms?
So wrote Mark Twain after learning that a reporter was sent to investigate whether he had died. This quote came to mind upon reading the latest in a recent spate of articles predicting the decline of India as the leading global sourcing destination.
Infosys Co-Chairman Nandan Nilekani believes that globally companies are going through a new challenge. "This challenge, in some sense, is similar to what companies went through a hundred years ago. It is a combination of demographics, emerging economies, globalization
..., technology, flat world and regulation. There is a fundamental change in the way companies are run today."
The Infosys BPO-Philips contract reinforces Infosys' leadership position in transformation-based BPO services. Infosys BPO has recorded over 70% revenue growth and a significant increase in its client base in FY2007-08.
Infosys has announced changes in its senior leadership. Effective June 22, 2007, Nandan M. Nilekani will be Co-Chairman of the Board of Directors. The Board has appointed S. Gopalakrishnan as CEO & Managing Director and S. D. Shibulal as COO.
P. Chidambaram, Minister of Finance, Government of India, presented the Union Budget in Parliament on February 28, 2007. The budget evoked a mixed response from Infosys' senior executives. They share viewpoints on a range of issues such as Corporate Tax, the fiscal
... deficit, Fringe Benefit Tax, outlay for the social sector, etc.
A strategic partner of the World Economic Forum, Infosys is leading discussions on economic and social issues at the Davos round on January 24-28. The company is helping the Forum shape its future agenda by actively participating in the 'Forum of Young Global Leaders'
... and the 'Global Growth Companies' program.
Commemorating its 25th anniversary, Infosys opened the NASDAQ Stock Market from India, becoming the first company to achieve this distinction.