BENGALURU: IT services major Infosys will relocate its Chief Financial Officer M D Ranganath to the US - its largest market - and has also revised his compensation package. "The company has asked, for business reasons, M D Ranganath, the CFO, to operate from the US," Infosys said in a filing. "It is not so much motivated by visa (issues) as it is (by) changing nature of work and nature of services... If you look at the American companies, we are in the throes of massive digital transformation. In the past, it accused Infosys and its larger rival, Tata Consultancy Services, of "unfairly" cornering the lion's share of the H-1B work visas.

Source: Times of India July 14, 2017 11:37 UTC