T V Mohandas Pai News
Murthy also spoke about nation-building, technology, his company Infosys and several other topics -- including his opinion on today’s youth on the podcast, which was released on YouTube.
The H-1B programme offers temporary US visas that allow companies to hire highly skilled foreign professionals.
Pai said that its a great move by the Modi govt as the scheme needs a massive IT infrastructure capable of handling one billion plus transactions a year.
Some ex-directors of Infosys and commentators, who made "wrong allegations" against Murthy, should also apologise, he said.
Pai bracketed Murthy, along with J R D Tata and Dhirubhai Ambani, as the three biggest business icons India has ever produced.
NIIF was set up as the investment vehicle in 2015 and has a mandate to fund commercially viable greenfield, brownfield and stalled projects.
The tightening of H1-B work visa rules in the US would be advantageous to Indian IT firms as they would shift more work offshore and also be in a position to improve their billing rate, says industry veteran T V Mohandas Pai.
Former CFO Mohandas Pai. Watch the full segment for more details.
Even as Infosys management denies allegations on corporate governance deficit, its former chief financial officer T V Mohandas Pai on Tuesday accused it of not disclosing necessary details on Rajiv Bansal's exit with a high severance package of Rs 17.3 crore.
Dismissing reports of differences with founders of Infosys, Vishal Sikka, CEO of the tech major said that he shared heart warming and ' wonderful' relationship with the founder Chairman Narayana Murthy.
Hyderabad:The revenue growth of Indian IT exports this fiscal is likely to be slower than industry body Nasscom's projection of 10-12 per cent, according to industry veteran T V Mohandas Pai.
The NDA government under- estimated the problems in the economy it had inherited and is doing its best to bring it back on track, venture capitalist and former Infosys director T V Mohandas Pai said today.
For the first time in five years, revised revenue and expenditure estimates for 2015-16 are expected to be higher than the budget ones, says Infosys' former top executive T V Mohandas Pai.
The former executives are seeking Rs 3,850 a share, which is a premium of 7.7 percent over the company's closing price of Rs 3,574 on Wednesday.
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