, Columnist
Infosys Struggles to Be Cool
Flashy reporting wasn't enough to actually boost guidance. The old problems remain.
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Infosys Ltd. struck a cheery note with its June quarterly results. But then, what option did it have?
The management of the Indian software exporter is buffeted by criticism. Founders are giving Chief Executive Officer Vishal Sikka heat for everything from overpaying himself to overpaying for an acquisition. Work visas for Indian techies have become a political hot potato under the new U.S. administration, prompting Infosys to commit to thousands of new American jobs, including notably in Vice President Mike Pence's home turf of Indiana, famous for its code-writing talent.