Vishal Sikka

Vishal Sikka News

Infosys cuts revenue guidance; no wrong in Panaya deal: Nandan Nilekani

In a virtual clean chit to former CEO Vishal Sikka, the board of Infosys, led by chairman Nandan Nilekani, said it has found no wrongdoing in the acquisition of Israeli company Panaya under the leadership of Sikka.

Promoters to participate in Infosys buyback

Nandan Nilekani said his priorities were to find a CEO, reconstitute the board and shape future strategy, as he sought to calm investors unnerved by the recent exit of Vishal Sikka. “I have come in to focus on the future of the company, I have come in to take the company forward and deal with its challenges,”

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One of Nandan Nilekani’s priorities at Infosys: Mending Narayana Murthy-Board ties

Infosys has been in a state of turbulence over the past week after the sudden exit of its CEO Vishal Sikka. The board of directors had blamed Murthy for triggering Sikka's exit

Nandan Nilekani back at Infosys for a second stint; joins as non-executive chairman

The announcement puts to rest speculation of Nandan Nilekani’s return to Infosys in the aftermath of Vishal Sikka’s exit on August 18.

From Vishal Sikka's resignation to Nandan Nilekani's appointment: Everything that has happened

On Thursday, The Indian Express reported that founders and former senior officials of the company had managed to persuade co-founder Nandan Nilekani to head India’s second-largest IT company. The official announcement for the appointment was made on Thursday night.

Keeping close watch on Infosys share price, says Sebi’s chief

Following resignation of its chief executive officer Vishal Sikka last week, shares of Infosys had crashed nearly 10 per cent on Friday

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Infosys tussle: Contrary to allegations, no let-up in governance standards, says Venkatesan to Jaitley

Last week, Vishal Sikka resigned as the CEO and managing director of Infosys, saying the assault on him by Murthy had become increasingly malicious and personal.

After Vishal Sikka's dramatic exit as Infosys CEO, company faces recruitment headache

Vishal Sikka resigns as CEO: Infosys and its founder executives, led by Murthy, have been at odds since February. Sore points include increases in Vishal Sikka's salary, what they argue was the overpriced acquisition of the Israeli automation firm Panaya and severance packages offered to some executives.

Vishal Sikka’s exit saddens Infosys' young staff; a section sees silver lining

A section of employees are, however, not very downcast about the change of guard and are of the view that there is substance to rumours of wrong doing that has been swirling around since the end of the first year of Vishal Sikka’s tenure

Infosys board clears proposal for Rs 13,000-cr share buyback

The Rs 13,000-crore buyback scheme, which will begin on a yet-to-be-announced date, will see the company plough back 20.51 per cent of its paid-up equity and free reserves of cash as on June 30, 2017 to the shareholders of the firm.

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