Infosys likely to defer re-structuring plans

Indian information technology major Infosys Technologies is likely to defer its re-structuring plans, reports CNBC-TV18 quoting sources. Infosys was to announce a new structure on February 23 as the present structure was based on verticals and horizontals.

Infosys said the company has seen a pick up in client demand. The company does not see the need to make dramatic changes at present, sources added.