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Infosys

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
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Vishal Sikka resigns as Infosys CEO & MD: 3 lessons for India's political parties

Vishal Sikka's differences with the Infosys founder-stakeholders and his consequent resignation have some lessons for India's political parties. Aug 18, 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
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Will Narayana Murthy return to Infosys as talks of his role as chairman-emeritus heat up?

While Mohandas Pai had earlier said that Infosys should bring Murthy back as chairman emeritus, his thoughts have been echoed by former chief financial officer of Infosys V Balakrishnan. Aug 14, 2017
Morgan Stanley

Top 14 Indian stocks from Mega Cap space: Morgan Stanley report

The country continues to gathers more weightage in the MSCI Emerging Market Index as it leads its peers with a 7 percent growth rate. Aug 14, 2017
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Shortage of skilled digital talent could threaten up to 2 lakh IT jobs in a year: Economic Survey

"The job cuts in IT sector will be between 1.75 lakh and 2 lakh annually for next three years due to under-preparedness in adapting to newer technologies," the survey said. Aug 13, 2017
Ravi Venkatesan

Making Panaya report public not prudent, says Ravi Venkatesan

Says Infosys made the Panaya disclosures in the appropriate manner, and people are innocent until proven guilty. Aug 11, 2017
infosys, infosys agm, n r narayana murthy, infosys cofounders, infosys founders, t v mohandas pai, infosys vishal sikka

Murthy gets backing of proxy advisory firms on Panaya deal report

Bengaluru-based independent advisory firm Ingovern has shown support to Murthy's stance but has also asked the founders of Infosys for a specific action plan to put the company back on the stability track. Aug 8, 2017
Infosys CEO Vishal Sikka

Infosys turns down Murthy's plea to make Panaya report public

Management transparency, corporate governance, and fair work environment are the core principles around which the company functioned and flourished. Aug 4, 2017
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Infosys and high-level exits: Here's what CEO Vishal Sikka thinks

Infosys CEO Sikka has finally opened up about the senior level exits in the company and has suggested that it is not really a cause for concern as the firm's attrition is "far lower" than other companies. Aug 4, 2017
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Tech Mahindra senior executives to take 10-20% pay cuts amid industry slowdown

About 20 of Tech Mahindra senior executives have offered to take a pay cut and have written an email, stating the same, to Tech Mahindra CEO CP Gurnani and chief people officer Rakesh Soni. Aug 4, 2017
infosys, infosys agm, n r narayana murthy, infosys cofounders, infosys founders, t v mohandas pai, infosys vishal sikka

Murthy back after the break, wants Panaya probe report made public

Sikka and his team are still struggling to move past the allegations and its aftermath after Murthy earlier this year demanded Panaya probe to go public. Aug 3, 2017
Infosys

Vishal Sikka completes 3 years, swears by $20 billion target

Sikka is still positive on his dual strategy to get in new businesses to improve Infosys' digital capabilities. Aug 3, 2017
Indian IT sector

TCS, Infosys and Tech Mahindra's workforce dwindles in Q1 FY18; bleak days far from over?

Tata Consultancy Services, Infosys, Wipro, HCL Technologies and Tech Mahindra – which totally had 9,84,913 employees at the end of the quarter ended June 30 saw the number decline by 1,821 people, Aug 1, 2017
Infosys

EdgeVerve head Anirban Dey quits; Infosys in need of a retention plan stat!

Anirban Dey, the global head and chief business officer of Edge products at EdgeVerve, Infosys Ltd's products and platforms unit, has resigned and is currently serving notice period. Jul 31, 2017
infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Infosys to put Europe to work, hire locals in next investment push

The European business expanded 4.7 per cent during the June quarter as Infosys witnessed broadbased growth across sectors. Jul 30, 2017
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After high-level exits at Infosys, hard focus on Vishal Sikka's longevity

Infosys has witnessed a number of high-level exits in the last few months and the firm's co-chairman Ravi Venkatesan hopes that CEO Vishal Sikka turns things around and stays on at the company. Jul 27, 2017
infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Another high-level exit: Is Vishal Sikka having a tough time retaining executives?

After executive vice president Ritika Suri quit a week back, Yusuf Bashir, MD of the $500-million Infosys Innovation Fund has resigned from his post at Infosys. Jul 26, 2017
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Bringing Infosys board, founders on the same page 'doable', says co-chairman

Says that Sikka, who has driven a lot of positive changes after taking over as Infosys CEO, was co-founder Narayana Murthy's choice. Jul 25, 2017
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