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Mohandas Pai News

22 Dec 2021

Monster.com raises Rs 137.5 crore from Mohandas Pai, others

The funds will be utilised towards enhanced investments in product development and marketing. Monster.com is now valued at $100 million. The company has over 60 million active users in India.

06 Feb 2019

Mohandas Pai backs new FDI norms for e-commerce

The commerce and industry ministry has announced revised FDI policy for online retail.

04 Mar 2018

Strict H-1B visa rule will not impact Indian IT firms, says Mohandas Pai

The H-1B programme offers temporary US visas that allow companies to hire highly skilled foreign professionals.

10 Dec 2017

Infosys' settlement move with SEBI fine: Mohandas Pai

The Bengaluru-headquartered company last week filed the application with SEBI to settle the issues around severance agreement with ex-CFO Rajiv Bansal.

24 Aug 2017

Co-founders to decide on Nilekani's return to Infosys: Ex-CFO Mohandas Pai

Pai also said all the co-founders would collectively take a decision on the return of Nandan Nilekani, a co-founder and former CEO, to the Bengaluru-headquartered IT firm.

21 Aug 2017

Infosys crisis: Pai flays Sikka for blaming Murthy to cover up his 'bad performance'

Sikka's resignation has plunged Infosys into crisis with the company facing several issues, including a suitable replacement as CEO.

18 Jul 2017

Reports of depression among IT professionals exaggerated: Mohandas Pai

The reports of job insecurity leading to high levels of anxiety and depression among information technology professionals in India are baseless and exaggerated as there are no large scale layoffs, says a senior figure in the IT industry.

e-tailers in India

24 Feb 2017

Biz models of e-tailers have not worked: T V Mohandas Pai

Business models of e-tailers in India are not just running out of steam but even have not worked, says information technology industry veteran T V Mohandas Pai.

India's IT services companies

21 Feb 2017

IT companies ganged up to keep freshers' salary low: Mohandas Pai

India's big IT services companies have ganged up to keep salary of freshers low taking advantage of oversupply of software engineers at the entry level, says industry veteran T V Mohandas Pai.

10 Feb 2017

Corporate governance issues demoralising for employees, says Narayana Murthy

Despite Infosys denying corporate governance issues in the company, the co-founder and founder Chairman NR Narayan Murthy said on Thursday that corporate governance issues in the company are not only distressing but have also brought down the morale of employees.

09 Feb 2017

Infosys denies governance lapses, rift between founders, board

Mired in controversy centring around differences between its founders and the management, Infosys today denied any governance lapses and emphasised that its board is "fully aligned with the strategic direction" of CEO Vishal Sikka.

31 Jul 2016

Automation to replace lakhs of entry, mid-level IT executives: Mohandas Pai

Increasing automation would shave off 10 percent of incremental jobs in India's IT sector each year even as half of middle-level managers would also bear the brunt in the era of artificial intelligence, says industry veteran T V Mohandas Pai.

10 Dec 2015

i2e1 gets $5,00,000 seed funding from growX, Mohandas Pai

The growX ventures on Thursday said it has led a US 5,00,000 (about Rs 3.34 crore) seed round for i2e1, a platform that aims to provide low-cost or free internet to consumers and actionable analytics to providers.

29 Oct 2015

Private sector should lead 'Digital India': Mohandas Pai

Private sector should take the lead in the 'Digital India' programme as the government does not have the capacity to do it, said Manipal Global Education Service chairman T.V. Mohandas Pai on Thursday.

27 Apr 2015

Zoomcar plans expansion to 10 cities in coming year

Self-drive car rental company Zoomcar, which is backed by Infosys ex-CFO Mohandas Pai and former US Treasury Secretary Lawrence Summers, plans to add over 3,000 cars to its fleet this year as it expands services into big and small cities.

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