Infosys is Creating Smaller Business Units

Infosys, India's second largest software services company, is creating smaller business units, headed by a novel line of leaders, as a part of its efforts to improve and enhance market penetration and client management.

Infosys CEO - Vishal Sikka, said at a recent analyst meet that they were expanding the bandwidth of their present presidents by creating smaller business units of 500-700 million dollars headed by their next line of leaders. He added that this would help them in better market penetration and client management.

However, he did not comment on the number of units that would be created or even for that matter the people who would head these entities. Sikka said that the move would help its 4 presidents in addressing long term strategic levers and speed up the novel services.

The 4 presidents are Sandeep Dadlani, Rajesh Krishnamurthy, Mohit Joshi and Ravi Kumar S. 

Sikka also added that while Infosys had a strong leadership depth in the company, it was also infusing external talent. He concluded that they had made progress in attracting a few key external talent to key leadership positions within the company.

Infosys share price update:

Currently, Infosys share price is trading 0.51 per cent lower at Rs.1,035.05 on NSE. The stock opened at Rs.1,037.10 from a previous closing of Rs.1,040.40. As of now the day’s high stands at Rs.1,041.20 While the day’s low stands at Rs.1,031.85. So far, near about 7 lac shares have exchanged hands on the NSE counter having a traded value of Rs.6,904.

Infosys is among the top 500 Shares recognized by Dynamic Levels researchers and stock analysts at the end of each quarter out of the 1700 Shares registered on NSE. The scrip has strong fundamentals and impressive financials. Dynamic Levels also provides support and resistance levels for the stock. Please visit Infosys share price history for more information.