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
Deadly attack in Spain and rising concerns over Donald Trump's economic agenda cast a long shadow on markets.
18 Aug 2017 5:20 PM
Referring to Murthy, he said that promoters have no locus standi once they leave the company.
18 Aug 2017 5:07 PM
Nilekani was one of the seven founders that set up Infosys more than three decades ago.
18 Aug 2017 4:54 PM
Share buybacks typically improve earnings per share and return surplus cash to shareholders.
18 Aug 2017 4:27 PM
The Board said Murthy has repeatedly made continuous assaults on Vishal Sikka, leading to his resignation.
18 Aug 2017 3:54 PM
The board also thanked Sikka for agreeing to stay on board as the Executive Vice Chairman and 'ensuring continuity'.
18 Aug 2017 3:01 PM
At NSE stock crashed 13.38 per cent to hit its one- year low of Rs 884.20.
18 Aug 2017 2:45 PM
The Board argued that Murthy's 'campaign' has intensified over time.
18 Aug 2017 1:05 PM
Sikka, who joined Infosys in August 2014, said these distractions prevented the management's ability to accelerate transformation.
18 Aug 2017 12:35 PM
Sikka has been in the midst of a public tussle between the management and founders.
18 Aug 2017 12:31 PM
National Stock Exchange index Nifty dropped by 73.95 points or 0.74 per cent to 9,830.20.
18 Aug 2017 11:28 AM
False, baseless allegations had a damaging effect on his ability to carry out a 'transformation', said Sikka in his letter.
18 Aug 2017 11:07 AM
U B Pravin Rao has been appointed as the interim MD and CEO of Infosys.
18 Aug 2017 9:39 AM
Infosys in April had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year.
17 Aug 2017 1:43 PM
Infosys, in April, had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year.
17 Aug 2017 10:43 AM
Pai bracketed Murthy, along with J R D Tata and Dhirubhai Ambani, as the three biggest business icons India has ever produced.
11 Aug 2017 5:44 PM
Some reports suggest that exits are a worrying trend for Infosys which has been battling various crises.
04 Aug 2017 10:14 AM