Ex-Infosys executive aims to shake up IT industry billing model

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Phaneesh Murthy, president and CEO of iGates, poses during the World Economic Forum (WEF) in Davos, January 26, 2013. A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms. REUTERS/Denis Balibouse