Infy statement on Satyam

Elucidating his previous statement on Satyam fiasco, which aroused strong sentiments in the industry, N. R. Narayana Murthy - Chairman of the Board and Chief Mentor, Infosys wiped out any intention of demeaning Sayam employees. "We have stated our intention not to act on any CVs received from Satyam's employees. This is no reflection on the integrity and competence of them. We respect them as professionals," he said.

Murthy also said that the decision was taken to ensure that nothing is done that will adversely impact Satyam's future.

While releasing the quarterly results Infosys also said that it is still in the hiring mode and plans to ramp up its headcount by this fiscal (2008-09). "Though we have said in the beginning of this fiscal that we would hire about 25,000 people, in our estimate our hiring will go up to 27,000 by March 31, 2009," Infosys head for HRD, education and research T.V. Mohandas Pai. www.uniqueinstitutes.org