Industry experts were of the opinion that TCS' focus on large IT outsourcing contracts might be one of the reasons behind the uneven distribution of quarterly revenues
Infosys, in its June quarter results announcement, had revised its FY20 revenue guidance to 8.5-10 per cent year-on-year (YoY) in constant currency (CC) terms
Murthy's expression of disappointment with the board over the clean chit to Sikka is unlikely to result in the disclosure of probe reports on the Panaya deal and the payout to ex-CFO Rajiv Bansal
Contrary to expectation, Infosys remained did not name a new chief executive officer (CEO) and gave a clean chit to former CEO, Vishal Sikka on Panaya deal
This was the first quarterly earnings after Infosys' co-founder, Nandan Nilekani, returned as the company's new non-executive chairman after the sudden resignation of then CEO Vishal Sikka
Infosys management commentary will be keenly watched on areas such as probable names of the next chief executive officer, digitisation roadmap and deal wins in its largest market in the US