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Vishal Sikka

The unlikely Infosys: Board outrage drowns out distraction; and, discretion

A post-Sikka Infosys will need room for shareholder activism even if its board feels that co-founder Narayana Murthy has a 'My way or the highway' attitude. Aug 18, 2017
Infosys CEO Vishal Sikka

Vishal Sikka's exit erodes Rs 22,000 crore of Infosys' market value

The company market value dropped to Rs 2.12 lakh crore from Rs 2.34 lakh crore as of Thursday's close. Aug 18, 2017
indigo airlines

Did IndiGo really cancel 84 flights over engine issues? Airline clarifies

IndiGo was forced to ground 13 planes over issues with its Pratt & Whitney engines. Aug 18, 2017
infosys, infosys agm, n r narayana murthy, infosys cofounders, infosys founders, t v mohandas pai, infosys vishal sikka

Narayana Murthy hits back at Infosys board, says 'extremely anguished by allegations'

It is below my dignity to respond to such baseless insinuations, says Narayana Murthy. Aug 18, 2017
infosys, ai replacing jobs, hiring at infosys, infosys ceo vishal sikka, it jobs, attrition at infosys, tcs hiring, wipro hiring

Vishal Sikka resigns as Infosys CEO and MD: The signs were there all along

Vishal Sikka, who will now get just $1 as executive vice-chairman of Infosys, might have hinted at his resignation as CEO and MD quite some time ago. Read to know more. Aug 18, 2017
Vishal Sikka

Murthy 'extremely anguished by allegations, tone and tenor' of Infosys statements

The Bangalore-based IT company has appointed Sikka as executive vice chairman in a newly created position. Aug 18, 2017
Ratan Tata and N.R. Narayana Murthy

Corporate governance in shambles with Ratan Tata, Narayana Murthy locking horns with their successors

Do the owners/founders have to question every move of their successors when they are running the business just because that they have diligently built the company over many summers? Aug 18, 2017
Infosys CEO Vishal Sikka

Infosys CEO Vishal Sikka resigns; here's the FULL TEXT of his letter to the staff

Sikka said he was constantly defending against "false, baseless, malicious and increasingly personal attacks". Aug 18, 2017
Infosys CEO Vishal Sikka

Vishal Sikka resigns as CEO and MD of Infosys over continued 'personal attacks'

Vishal Sikka, in his resignation letter, stated that he has communicated his decision to the Chairman of the Board R Seshasayee. Read to know more. Aug 18, 2017
N Chandrasekaran and Cyrus Mistry

War continues: Tata Sons to snap business ties with Cyrus Mistry's SP Group

The move can put at risk business worth thousands of crores of rupees, as the SP Group holds about 18.4 percent stake in Tata Sons. Aug 17, 2017
Jobs and hiring

Indian MNCs continue mass hiring, slowdown trend to change

Accenture has 5,396 job openings in India, which is four times more than the openings in US. Aug 17, 2017
SBI

Post Merger: SBI does the impossible, unions praise management

This comes after all major unions had strongly opposed the merger of six other nationalised banks with SBI and were wary of a step-motherly treatment of the migrating staff at the hands of the SBI management. Aug 17, 2017
Infosys

Infosys shares surge as board to consider buyback on August 19

Infosys is currently sitting on liquid assets -- cash and investment -- of over Rs 39,000 crore and is under pressure to distribute it to shareholders. Aug 17, 2017
spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

Domestic flights may charge higher prices if commuters baggage exceeds 15 kg

Delhi High Court on Wednesday set aside the DGCA's order to direct the airlines not to charge more than Rs 100 per kg for extra luggage between 15 kg and 20 kg. Aug 17, 2017
Who is James Fields Jr, the Charlottesville car-ramming suspect?

Who is James Fields Jr, the Charlottesville car-ramming suspect?

James Fields Jr. was arrested in Charlottesville, VA, for allegedly driving into a crowd, striking another motorist and multiple people. Aug 16, 2017
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