The Ledger
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Ahluwalia: TCS and Infosys Still Pay Freshers 3 Lakhs Annually
“Even today, TCS Infosys pay to freshers who are a 22 to twenty-four-year-old, three lakh rupees per annum.”
Narayana Murthy Lost Seven Months Importing a Computer by Refusing Bribes
“So Naim Muthi, of course, being a very kind of disciplined, honest, morally correct kind of guy, he said, look, I'm not going to pay any bribe. What do I do? He said, it's very simple. You go back and get another license. Which will actually correct, have the …”
Mid-Tier IT Firms Often Trade at Higher Multiples Than Infosys
“You look at IT services, for example, you know, you have the Infosys, TCS, but you have a lot of mid-level IT firms, which actually trade at a higher multiple, right? Than Infosys and TCS, et cetera.”
Makhija: Infosys had just ₹14 crore in revenue at its 1993 IPO
“Can you imagine at what scale when Infosys went public in 93, at what scale would they be? They had 14 crores in revenue.”