Infy CEO brushes aside Obama tirade

Image
Press Trust Of India Hyderabad
Last Updated : Jan 21 2013 | 1:47 AM IST

A day after US president Barack Obama lashed out at American companies outsourcing to India, tech major Infosys Technologies brushed aside the apprehensions that the remarks were aimed at Indian companies.

Kris Gopalakrishnan, CEO and MD of Infosys, said Obama’s remarks were aimed at US companies that have operations in multiple countries.

“What he (Obama) is talking about is US companies setting up operations outside of the US, not about outsourcing to India. That is very clear. But it is not about us as far as I can see,” Gopalakrishnan said on the sidelines of a function here.

Obama had said it was time to slash tax breaks for companies that ship jobs overseas and give exemptions to those that create jobs in the US.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 14 2010 | 12:13 AM IST

Next Story