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Vishal Sikka

Law suits chase the bear's shadow: 3 US firms to sue Infosys over investor losses after Sikka exit

The firms intend to investigate potential securities claims on behalf of Infosys shareholders arising from allegations that it may have issued materially misleading business information. Aug 19, 2017
London Property

Concrete takeover: Indians beat Arabs in buying London property

Indian buyers took advantage of changes made in 2015 to the Liberalized Remittance Scheme in India that led to a rise in the amount of capital buyers can bring into the UK to $250,000 per person. Aug 19, 2017
iGate

Software services exports lowest in 7 years, protests in Hyderabad against mass IT layoffs

India's software services exports slumped to the lowest in seven years which could blow the current account deficit to the widest since 2013 and add further pressure to the rupee. Aug 19, 2017
Infosys

Infosys board clears Rs 13,000-crore share buyback at Rs 1,150 apiece

The tech bellwether expects the buyback to push higher return on equity and serve as an opportunity to put its cash holdings to good use. Aug 19, 2017
jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Is this the real reason Jet Airways asked its pilots to take a salary cut?

Airline officials have now said that Jet Airways may have asked its pilots to take a salary cut after overestimating their pilot requirement and hiring more than necessary. Aug 19, 2017
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
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