Friday 15 April 2011

Infosys Quit 4, Results declared 2011|Infosys Share Price Down fall

Infosys Quit 4, Results declared 2011|Infosys Share Price Down fall

India’s second largest software company Infosys Technologies,stock fell nearly seven percent. The company quarterly results are not consistent market expectations heavy selling. The company also declared the results found by the HR head TV Mohandas and Board member has resigned from the posts.

Mohandas found was associated with Infosys in 1994. May, 2000 member board of the company. From 1994 to 2006, found Infosys chief financial officer are also.
Last year was found in conflict. He called Aearess a policy under which nearly 4,500 employees run the office were reduced.Overall important role in the development of the company. That the business world after leaving Nandan Nilekani of Infosys after the resignation believed.

Found after the resignation of the company’s annual general meeting 11-June-2011 will apply. Infosys Chairman NR resignation without Mohandas said that Infosys is hard to imagine.

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