Within two weeks of India's second-largest information technology (IT) services provider, Infosys Technologies, announcing its Rs 180-crore second acquisition in the business process outsourcing (BPO) space, the driver of this deal - Infosys BPO Chief Executive Officer and Managing Director Amitabh Chaudhry - has put in his papers. He is serving a three-month notice period. Infosys BPO has a turnover of Rs 1,450 crore and nearly 16,500 employees.
Chaudhry, tipped as one of the probables to occupy the top seat in Infosys after Kris Gopalakrishnan, is understood to be joining HDFC Standard Life Insurance "at a bigger position", though the exact nature of this position is to be ascertained. HDFC Standard Life is a joint venture between HDFC and UK-based Standard Life.
Chaudhry could not be asked for a comment.
Text: Business Standard
Image courtesy: Getty
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