Struggling IT major Infosys recalled its founder N R Narayana Murthy and returned control of the company that has disappointed investors with poor earnings in the last nine quarters and losing ground to smaller rivals.
Murthy, who had shed executive role seven years ago and finally retired as head of Infosys in August 2011, has been appointed executive chairman, replacing K V Kamath during whose tenure the company shares slumped 15 per cent.
Will Murthy's return change the fortunes of Infosys? If yes how soon will the table be turned?
Will shareholders’ faith in the company be reinstated?
To get answers to these and many other queries, chat with A K Prabhakar, senior VP and Head – Equity Research (Retail), Anand Rathi Financial Services Ltd, on Thursday, June 6, between 4 pm and 5 pm.
Prabhakar joined Anand Rathi Financial Services in 2006, after starting his financial career as a Equity research analyst specializing in industries like cement and sugar.
He has worked independently on many projects prior to joining Anand Rathi Financial Services. Prabhakar has worked at NBFC since 1999 to 2006.
In NBFC, Prabhakar visited more than 600 corporate in Tamilnadu-Andhra and Karnataka for inter corporate deposit and loan profiling which has given meaningful insight into many sectors and company.
