And Then There Were None.
For the better part of two decades, no company was more synonymous with the Indian IT sector than Infosys. The Bangalore – based, Narayana Murthy – founded entity rose from being a minnow to a juggernaut in its industry and virtually achieved a cult status. The stock markets too loved Infy and revered it as the poster boy of the information technology sector, despite the fact that it was often overshadowed by TCS in terms of size and financial parameters. Infy grew from strength to strength and today, the company boasts of a topline in the region of $8 billion (Rs. 50000 crores) and a bottomline of a little under $2 billion. It still commands one of the healthiest margins in the industry and an enviable client list that includes several Fortune 500 companies, many of whom have multi – hundred million dollar contracts with Infy. For over two decades, Infy had its time and place in the Indian sun. Then, a few years ago, Murthy and Nandan Nilekani decided to call it a day