India’s Infosys to exit Russia business | Malay Mail

MUMBAI, April 13 — Indian software giant Infosys said today it was “transitioning” out of the Russian market following the Ukraine war and conflict of interest accusations levelled at Rishi Sunak, the British finance minister.

“Given what is going on in the region, we have started to transition all of our work from our centres in Russia to our centres outside Russia,” chief executive and managing director Salil Parekh told a media briefing. But he declined to confirm if the company’s board has discussed recent criticism surrounding Murty’s stake in the company.Infosys also announced quarterly earnings today but fell short of analyst estimates despite strong growth on the back of sustained demand for digital services since the pandemic.

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Russia to seek alternative to European energy market, says Putin | Malay MailMOSCOW, April 13 — Russian President Vladimir Putin said today Moscow will be looking into alternative markets for its energy exports after Western capitals sanctioned Russia over its military operation in Ukraine.  Since Moscow’s troops moved into its pro-Western neighbour on February 24,...
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