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Indian Cos that Made Headlines in 2011
By siliconindia
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Tuesday, 27 December 2011, 00:49 IST
Bangalore: 2011 has been a witness to many critical happenings in the Indian business world. Some companies went through a roller coaster ride while some had a safe sail. Few companies saw only the success horizon also. While some companies were announcing their future successors, some were waving good-bye to their long term founders from an era of succession. Some became the meat of harsh criticism for bankruptcy and some for their 10 fold rise in revenues. On the whole the Indian business industry was in good shape in 2011.
Here is the list of companies which made news in 2011:
1. Infosys:
In the late August 2011, Infosys Co-founder Narayan Murthy waved good bye to his Chairmanship, making way to new leadership. He ended the 30 years of illustrious innings at Infosys, a company that he had found it with six other engineers. K.V. Kamath former ICICI Bank chairman was introduced as the new charioteer who would drive the vision of Infosys from here on. S D Shibulal was given the position of CEO and MD. Narayan Murthy continues to remain as the Chairman Emeritus at Infosys. "When I thought of (starting) Infosys on December 29, 1980, I frankly did not think I will bid goodbye to an Infosys of this size and this proportion", Narayan Murthy said, as quoted by IBN Live.
