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Stock impact report

High-flying Tech Hits Potholes In India's Silicon Valley [Barron's]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: Barrons
In India's tech capital Bengaluru, the morning "rush hour" lasts so long it devours half the workday, throttling productivity in a city often viewed as the poster child of a booming economy. Entrepreneur RK Misra, co-founder of a multimillion-dollar start-up, avoids scheduling in-person meetings until nearly noon -- then squeezes them in before gridlock returns. Advertisement - Scroll to Continue The "situation is pretty bad. And it hurts by not being able to plan your day", Misra said, describing his gruelling 16-kilometre (nine mile) commute, which can take up to two hours at peak times. "It also discourages people from doing anything other than work, because there's no work-life balance any more." Bengaluru, home to nearly 12 million people and state capital of Karnataka, is the "Silicon Valley" of the world's fifth biggest economy -- hosting thousands of start-ups, outsourcing firms, and global tech giants from Google to Microsoft. Yet its flagship Outer Ring Road (OR Show less Read more
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