Not bothered about Cognizant's growth: Infosys

Cognizant's astronomical growth has been under watch for quite some time now. While rivals are curious to know what is it that Cognizant is getting right, its rival Infosys said that it is not bothered by former's performance.

Speaking to CNBC TV18's Kritika Saxena exclusively, Infosys CEO & MD, SD Shibulal has said that Cognizant taking over his company in terms of quarterly revenue does not worry him and will in no way force the company to reduce prices while pitching for deals.


Infosys has been under the scanner for their consistent low performance and risk-averse attitude. Shibulal, however, said that Infosys plans to spend 10 percent of the revenue on acquisition and is on a constant lookout for a big acquisition to strengthen products and consultancy in Europe.The company is also strengthening heavily in its sales and marketing teams.

Although economic environment continues to be vulnerable, Shibulal maintained that the firm will keep up to the issued revenue guidance.

Spilling beans on succession plans, he added the nomination committee will decide on the next CEO and that there are many eligible candidates including Balakrishnan, BG Srinivasan and Ashok Vemuri.

Updated Date: Dec 20, 2014 11:38 AM

Also Watch

It's A Wrap: Omerta star Rajkummar Rao in conversation with Parul Sharma
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Thursday, April 19, 2018 Watch: National-level skater and coach Dhwanit Rele trains and nurtures budding athletes
  • Monday, May 14, 2018 FOMO Episode 1: Google Assistant, This is America, Sonam's wedding & Global Warming
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See