Business Today

Goodbye, Russia


Russian IT is poorer with Salil Parekh’s Infosys joining the likes of Oracle and SAP in the corporate boycott of the country due to the ongoing conflict with Ukraine. Infosys has less than 100 employees in Russia and does little work there, but it is still a strong symbolic move. Experts say the conflict could force other IT companies to halt their investment­s in Eastern Europe, which might actually be good for the Indian market.

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