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    H-1B visa curb may give Indian IT a big blow

    The Economic Times | Jan 31, 2017

    Bloomberg reported on Monday, following similar reports last week, that the executive orders could seek to curb the long term H-1B visas, and the short term L-1, E-2 and B1 visas.

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NEWS

On Nandan Nilekani's to-do list: Build future-ready strategy, Infosys board

“With Nandan coming, we expect some changes on the board that are more aligned with the co-founders. If you see the time of Nandan at Infosys (2002-2007), he was known for his biggest strength — client relationship. The changing demands of clients will be a test for Nandan,” said Pareekh Jain, analyst at HfS Research India.

Business Standard | Aug 28, 2017

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New board faces will signal Infosys' trajectory

Phil Fersht, CEO of HfS Research, said, "This is a compromise deal with Sesh, Jeff, John and Ravi out. You have to credit the board with moving swiftly to get this aggressively back on track. The hard work starts now, but at least they have a governance team to lead the way. Next stop is to hire a stabilising CEO to move things forward."

Times of India | Aug 25, 2017

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Infosys row: Chorus grows for Seshasayee’s exit, Nandan Nilekani’s entry

“Investors’ confidence in the board is at an all-time low, and they want blood,” said Phil Fersht, CEO of US-based HfS Research, an outsourcing research firm. “Seshasayee is likely to take the fall for the whole Sikka debacle and the rushed Panaya acquisition. I also expect Roopa Kudva and Jeff Lehman to follow him out.”

Live Mint | Aug 24, 2017

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Nilekani’s comeback may allay investor fears, but all eyes on next Infosys CEO

“Investors' confidence in the board has sunk to new depths and they want to see immediate changes.  I expect them to install a new CEO and move aggressively to kickstart a fresh start for the firm.  The damage is now done and the only way forward is positive, decisive change,” said Phil Fersht, CEO at research firm HfS.

Money Control | Aug 24, 2017

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Narayana Murthy, board try to win allies as Infosys fight continues

Tom Reuner, SVP of intelligent automation and IT services at consulting firm HfS Research, said from the outside in, suggestions that Murthy is speaking to investors can only lead to speculation rather than new insights. "Having said that, we noticed that supporters of both camps are busy trying to get the upper hand by conveying favourable storylines. The real issue, however, is that investor confidence has been knocked, as can be easily gleaned by the share price. The prospect of having an interim CEO for a considerable time won't help in swaying those perceptions. If Murthy finds a way to reassure those investors, the life for Pravin (interim CEO U B Pravin Rao) and the board will get off to a much easier start," he said.

Times of India | Aug 23, 2017

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US law suits may not have any serious impact on Infosys

"Many retail investors are angry so it (the four law firms) might get support from them. Not sure if it will be enough to become a class-action suit," said Pareekh Jain, managing director India, HfS Research. 

Economic Times | Aug 22, 2017

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Infosys board under fire for ‘botch-up’

Phil Fersht, CEO of HfS Research, added, "The board failed to show enough public support for Sikka and the constant assault from Murthy eventually wore him down."

Times of India | Aug 21, 2017

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At Infosys, Vishal Sikka's succession is also a power shift from California to Bengaluru

Phil Fersht, chief executive at research firm HfS Research, called Friday, when Vishal Sikka resigned, a “sad day” for the Indian IT industry and Infosys.

Money Control | Aug 21, 2017

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Infy in crisis after CEO walks away, wiping out more than Rs 22k cr

“The founding fathers have played dominating roles in the company. Sikka comes from a very different culture.The transformation of a company is a difficult enough job... and to top that, these constant public spats. There was little place for him to manoeuvre in the end,“ said Tom Reuner, senior vice-president at HfS Research.

Economic Times | Aug 19, 2017

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