Infosys, India's second largest IT company, on Friday posted a net profit of 24% and the company also reported in-line with estimates profit after tax (PAT) of Rs 2,370 crore. Infosys gave 6-8 per cent salary raise to its employees.
However, Infosys CFO V Balakrishnan's decision to step down adds to the perception that Infosys is fragile at the top. Here's a complete coverage of Infosys' second-quarter results.
* Infosys announces 6-8% salary increaseHowever, Infosys CFO V Balakrishnan's decision to step down adds to the perception that Infosys is fragile at the top. Here's a complete coverage of Infosys' second-quarter results.
* Infosys to hire 6,000 engg, MBA grads, promote 12,000
* Rajiv Bansal - profile of Infosys' new CFO
* Balakrishnan will be in reckoning for Infosys' CEO position: Murthy
* Why Infosys CFO V Balakrishnan is stepping down
* Infosys remains fragile at top as CFO steps down
* Infosys has plenty of cash despite paying dividend
* Infosys projects flat revenue growth for this fiscal
* Infosys declares 300% interim dividend
* Infosys has plenty of cash despite paying dividend
* Infosys projects flat revenue growth for this fiscal
* Infosys declares 300% interim dividend
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