No plans to fill post vacated by Nilekani: Infosys CEO

Last Updated: Wednesday, August 5, 2009 - 14:53

Kolkata: Infosys on Wednesday said there were no
immediate plans to appoint a co-chairman, a post vacated by
one of its founder Nandan Nilekani.

Nilekani resigned as the company`s co-chairman last month
after being appointed head of the Unique Identification
Authority that is tasked with providing each Indian a single
identity number.

There are no plans to fill the post of co-chairman,
Infosys CEO Kris Gopalakrishnan told reporters at a CII event
here.

Infosys, which posted a 17.3 per cent rise in first
quarter net profit, said it would honour all the 18,000 campus
hiring commitments made during this year.

However, campus recruitments for next year would depend
on the situation then, Gopalakrishnan said.

Infosys pursuing deals worth $1 bln this qtr

Infosys Technologies, India`s No. 2 outsourcer, is pursuing deals worth $1 billion in this quarter and has 12-15 deals in the pipeline, its chief executive and managing director said on Wednesday.

"Typically in a quarter we have 12-15 deals in the pipeline and it continues to remain the same in the current quarter," S. Gopalakrishnan told reporters on the sidelines of an industry conference.

The company is also looking at making acquisitions in places such as Japan, Australia, Latin America and Europe.

"We are looking at companies which are 10 percent of our revenues... you can say we are looking at companies with revenues in the range $450-500 million," he said.

Bureau Report



First Published: Wednesday, August 5, 2009 - 14:53

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