Gaining lost ground

The situation The global recession of 2008 saw IT orders dry up, especially in the US, the world's largest tech market. Fresh orders were won by aggressive bidders, even at lower margins. Infosys stuck to its guns; it would not compromise on margins - and it paid the price. Growth faltered; margins took a hit; and, more importantly, employees, the most vital asset for tech firms, began to flee Infosys. Around 36,000 techies left Infy in 2013-14. Another 37,000 left in the following year. To make matters worse,

This article was originally published on September 10, 2015.