Infosys | The Asian Age

Monday, May 20, 2024 | Last Update : 07:02 AM IST

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Former Infosys CFO V Balakrishnan on Wednesday favoured bringing in Nandan Nilekani as chairman of the company.

Nandan Nilekani, a 'good' face for Infosys: ex-CFO Balakrishnan

C V Balakrishnan said Nandan Nilekani's return to Infosys as CEO would be the 'ideal situation'.

23 Aug 2017 4:56 PM

N R Narayana Murthy's public criticism of the management may not necessarily represent that of the entire promoter group, said IiAS. Photo: PTI

Murthy's criticism of Sikka not representative of all Infosys promoters: IiAS

Vishal Sikka, the first non-founder CEO of Infosys, has resigned following months of acrimony with founder Narayana Murthy.

23 Aug 2017 2:33 PM

There’s blood on Infy’s boardroom floor

There are those who will argue that if the founders decided to cut the umbilical cord why have they now jumped into the sandpit?

23 Aug 2017 1:01 AM

Sebi regulates India's capital market. (Photo: PTI)

Infosys share prices tumble further; Sebi says watching it

On Friday, Infosys shares plunged by nearly 10 per cent wiping out Rs 22,519 crore from its market valuation.

22 Aug 2017 2:13 PM

Sikka using Murthy’s name to hide his poor show: Pai

Mr Sikka’s resignation has plunged Infosys into crisis with the company facing several issues, including a suitable replacement as CEO.

22 Aug 2017 1:09 AM

On Saturday, Infosys announced that it would buyback shares worth upto Rs 13,000 crore from investors at Rs 1,150 per share, a premium of 24.6 per cent to its Friday’s closing price of Rs 923.

Buyback offer fails to cheer, shares Tank 5 per cent

The shares of Infosys tanked 5.37 per cent on Monday to close the session at Rs 873.50 on the BSE.

22 Aug 2017 1:02 AM

Infosys is India's second largest information technology company. (Photo: PTI)

Balakrishnan calls for Infosys board rejig before CEO search

V Balakrishnan asserted that Chairman R Seshasayee and Co-chair Ravi Venkatesan must step down as part of a board rejig.

21 Aug 2017 9:06 PM

Mohandas Pai lashes out at Sikka for blaming Narayana Murthy

Pai also said that Sikka's appointment as Executive Vice Chairman of Infosys had created a confusing lineup.

21 Aug 2017 5:48 PM

Infosys' future trumped the company's approval on Saturday of a 130 billion rupees share buyback.

Infosys shares extend losses after CEO quits

Infosys shares slumped 9.6 per cent on Friday after CEO Vishal Sikka unexpectedly resign.

21 Aug 2017 11:15 AM

Eight of top 10 firms add Rs 54,968 cr in m-cap

Infosys and State Bank of India (SBI) however suffered losses in their market capitalisation (m-cap) for the week ended Friday.

20 Aug 2017 5:13 PM

Infosys Board blamed Narayana Murthy's "continuous assault" as the primary reason for CEO Vishal Sikka quitting the company. Photo: PTI

Sikka saga:Institutions need to outlive founders, feel experts

Experts also opined that it is generally seen that problems emerge when a non-promoter takes charge of the top job.

20 Aug 2017 3:52 PM

Infosys co-founder N R Narayana Murthy. (Photo: PTI)

Murthy'r shadow to make hunting for new Infosys chief difficult

Murthy has for past several months raised issues of alleged corporate governance lapses at the company.

20 Aug 2017 2:46 PM

Global cues and developments at the crisis-hit Infosys will dictate market sentiment in a holiday-shortened week ahead, say experts.

Infosys' performance, global cues to determine markets this week

Infosys was the biggest loser in the Sensex pack, sinking 9.60 per cent this week.

20 Aug 2017 12:53 PM

Infosys faces probe for alleged violation of US' securities law

Development comes a day after IT major saw its CEO Vishal Sikka resign citing slander by founders.

19 Aug 2017 5:46 PM

Vishal Sikka had joined Infosys on August 1, 2014 after S D Shibulal's exit. (Photo: PTI)

Sikka's exit makes hunt for new Infosys CEO a tough job

Company's last CEO search in 2014 was a major challenge that ended after Sikka's name cropped up.

19 Aug 2017 3:32 PM

R Seshasayee, Infosys board chairman, had on Friday said the company was committed to returning shareholders money. (Photo: PTI)

Infosys clears Rs 13,000-cr share buyback plan even after Sikka quits

Report says IT giant will buy 11.3 crore shares, or 4.92 per cent equity, at Rs 1,150 each.

19 Aug 2017 11:58 AM

Vishal Sikka has resigned as CEO and MD of Infosys. (Photo: PTI)

Sikka misses home, says have been away far too long

Back in 2014, Sikka had overtaken S D Shibulal to become Infosys' first non-founder CEO.

19 Aug 2017 10:58 AM

Vishal Sikka on Friday informed Infosys employees in an email about his resignation as CEO and managing director. (Photo: PTI)

Sikka quits Infosys: Twitteratis have field day with digs and puns

RPG's Harsh Goenka tweets: 'Post demonetisation, old 'sikkas' not working. 'Vishal' change in #Infosys'.

19 Aug 2017 10:32 AM

Infosys Executive Vice Chairman & Former CEO Vishal Sikka addressing through a video-link from California, as Co-Chairman Ravi Venkatesan looks on during a press conference to announce the new interim CEO, at the company's headquarters in Bengaluru. (Photo: PTI)

Infosys CEO Vishal Sikka steps down over ‘negativity’

Sikka will become executive vice- chairman for an annual salary of $1 to help find new MD and CEO latest by March 31, 2018.

19 Aug 2017 1:06 AM

Mr Sikka was something of a poster boy for IT when he joined Infosys — after 12 years with the Germany-based global leader in enterprise software — SAP.

Chosen CEO falls from the grace

After the exit of sikka, the moot question is which way infosys will take — murthy’s ethical way or sikka’s pragmatic route.

19 Aug 2017 12:46 AM

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Anita Anand