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
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
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
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
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 shares slumped 9.6 per cent on Friday after CEO Vishal Sikka unexpectedly resign.
21 Aug 2017 11:15 AM
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
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
Murthy has for past several months raised issues of alleged corporate governance lapses at the company.
20 Aug 2017 2:46 PM
Infosys was the biggest loser in the Sensex pack, sinking 9.60 per cent this week.
20 Aug 2017 12:53 PM
Development comes a day after IT major saw its CEO Vishal Sikka resign citing slander by founders.
19 Aug 2017 5:46 PM
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
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
Back in 2014, Sikka had overtaken S D Shibulal to become Infosys' first non-founder CEO.
19 Aug 2017 10:58 AM
RPG's Harsh Goenka tweets: 'Post demonetisation, old 'sikkas' not working. 'Vishal' change in #Infosys'.
19 Aug 2017 10:32 AM
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
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
He said Mr Murthy, being a credible voice in the industry, could have acted in a more matured manner.
19 Aug 2017 12:43 AM
Board backs Sikka, rejects Murthy’s accusations, won’t offer him any formal role.
19 Aug 2017 12:40 AM
Sikka’s resignation ends a 3-year experiment of the IT bellwether with an 'outside' manager.
18 Aug 2017 5:45 PM