Rebuilding a 'desirable' Infosys will take 36 months

Recalled to ride out the bad times for Infosys, its Chairman N R Narayana Murthy today said the task of rebuilding a "desirable" Infosys would take at least 36 months and there would be some tough decisions resulting in "pain." "The challenge is daunting and the task is tough," said Murthy in a candid address to shareholders at the 32nd Annual General Meeting here, two weeks after he was recalled and made Executive Chairman of Infosys which has reported poor earnings disappointing investors. He said "the task of rebuilding a desirable Infosys will take at least 36 months, even with a high quality team and full dedication of every Infoscion. In the process, there will be some tough decisions resulting in pain as we move forward." Read more..