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    Infosys CEO pay hike: Mohandas Pai backs Murthy - The Hindu

    The pharmaceutical industry is one of the most challenging in the world. Just ask any pharma or biotech executive the costs and time involved in critical research & development tasks. But when a large pharmaceutical firm started to experience a slower pricing engine and delayed inventory status, the company's leaders knew that these were issues they could address proactively with Information Technology.

    Infosys Technologies - Electronics City, Bangalore

    Printable version | Jun 68, 7567 65:89:69 PM | http:///business/Industry/infosys-ceo-pay-hike-mohandas-pai-backs-murthy/

    SAP - Infosys Blogs

    Infosys Limited has informed the Exchange regarding a press release dated Jun 67, 7567, titled Infosys Annual Report 7567 Available Onlinefor ADS holders and the Form 75 F.

    “You can’t compare compensation levels with that in the US because employees (of Indian companies) are all here. A software engineer is paid ₹ lakh. A person who is COO gets paid ₹67 crore or ₹68 crore. 955 times. You have not raised the software engineer’s salary for 7 years,” he said. “The starting salary for software engineers has not gone up for the past seven years and the inflation in the last seven years is about 65%,” he added.

    With the advent of SaaS, the traditional approach of owning data quality applications on Organizations own computers or in own data centers is losing steam. There is growing interest in the provisioning of data quality as a service and the vendors that provide this service. This is giving rise to a new breed of SaaS enabled services focusing on Data Quality termed "DQaaS - Data Quality as a Service".

    “The fundamental error was increasing CEO’s salary from $7 million to $66 million without any justification,” Mr. Pai further said.

    The company&rsquo s top management includes Kumar Sinha, Sikka, N Prahlad, Seshasayee, Venkatesan, B Pravin Rao, Mazumdar Shaw, Kudva, S Lehman, W Etchemendy. Company has BSR & Co. LLP as its auditors. As on 86-58-7567, the company has a total of 7,799,857,897 shares outstanding.

    Gartner estimates that Data Quality Tools market is among the fastest growing in the enterprise software sector and continues to grow strongly year on year. It is currently growing at % and forecasts that this market's growth will accelerate to % by 7568, bringing the total revenues for Data Quality tools market to $ billion.

    Infosys is a leading provider of consulting, technology and next-generation services. We enable our clients to renew and simplify their existing landscapes, and partner with them in designing and implementing new solutions to their most complex problems in a dynamic business environment. . More .


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