Vishal Sikka

Narayana Murthy postpones Infosys investor conference call to August 29

Infosys founder N R Narayana Murthy has postponed his conference call scheduled with investors on Wednesday to August 29.  

Aug 23, 2017, 13:37 PM IST

Narayana Murthy to interact with investors today

A defiant Infosys Founder N R Narayana Murthy will interact with investors on Wednesday through a conference call to tell his version of the software major`s boardroom battles that led to the exit of its technocrat Vishal Sikka as CEO on last Friday.

Aug 23, 2017, 13:12 PM IST

OppenheimerFunds' stance on Infosys unaffected by CEO exit

Embattled Infosys' third largest institutional investor OppenheimerFunds has said its views on the company have not been "materially" impacted by CEO Vishal Sikka quitting.

Aug 23, 2017, 12:41 PM IST

Infosys will 'stay the course', interim CEO assures staffers

Amid the uncertainty surrounding IT major Infosys following the sudden resignation of Vishal Sikka, Interim CEO and MD U B Pravin Rao has assured employees that the company will "stay the course".

Aug 22, 2017, 22:54 PM IST

Now, Infosys slips out of top 10 BSE m-cap list

Infosys is no longer on the list of top 10 most valued companies on the BSE and the NSE as the stock has taken a beating following the abrupt exit of its CEO Vishal Sikka.

Aug 22, 2017, 19:41 PM IST

Infosys crisis: Co-chair Ravi Venkatesan meets FM Jaitley

Infosys co-chairman Ravi Venkatesan on Tuesday met Finance Minister Arun Jaitley amid the uncertainty surrounding the company following the sudden resignation of its CEO Vishal Sikka.

Aug 22, 2017, 18:14 PM IST

Infosys slips out of 10 most valued companies on NSE

Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.

Aug 22, 2017, 00:24 AM IST

Infosys crisis: Pai flays Sikka for blaming Murthy to cover up his 'bad performance'

Sikka's resignation has plunged Infosys into crisis with the company facing several issues, including a suitable replacement as CEO.

Aug 21, 2017, 17:27 PM IST

Infosys shares extend slide; down over 5%

The stock slumped 5.37 per cent to close at Rs 873.50 on BSE. During the day, it slipped 5.75 per cent to Rs 870 -- its 52-week low.

Aug 21, 2017, 17:01 PM IST

Market losses mount, Infosys pulls down Sensex

The stock remained the biggest loser among blue-chips on both the key indices for yet another session.

Aug 21, 2017, 16:11 PM IST

Sikka saga: Institutions need to outlive founders, feel experts

Sikka's resignation from IT major Infosys is the second high profile exit of an 'outsider' from a big corporate after Cyrus Mistry was removed as chairman of Tata Sons in November last year.

Aug 20, 2017, 14:52 PM IST

Narayana Murthy's shadow to loom large over search for Infosys CEO

The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.

Aug 20, 2017, 14:14 PM IST

Infosys board approves up to Rs 13,000 crore buyback offer; price fixed at Rs 1,150 per share

The buyback price of Rs 1,150 per share is nearly 25 percent higher than Friday's closing of Rs 923.10 apiece.

Aug 19, 2017, 12:13 PM IST

Vishal Sikka saga: Twitteratis have a field day with puns, digs

As an action-packed day unfolded at Infosys with the abrupt exit of CEO Vishal Sikka, amused twitteratis exhibited their witty sides with hilarious digs and puns around an otherwise acrimonious corporate drama.

Aug 19, 2017, 11:50 AM IST

Below my dignity to respond to such baseless insinuations: Murthy on Sikka's allegations

Once a poster boy of Indian IT success story, Infosys has been battered by intense acrimony, with founders accusing the board of poor corporate governance on issues like executive pay and acquisitions.

Aug 18, 2017, 14:24 PM IST

Read Vishal Sikka's blog on quitting Infosys

Vishal Sikka has resigned from Infosys amid heightened acrimony between the board and the high-profile founders led by NR Narayana Murthy.

Aug 18, 2017, 13:05 PM IST

Infosys Board blames Narayana Murthy's continuous assault for Vishal Sikka's exit

In a strongly worded statement, the country's second largest software services firm defended Sikka's performance saying under him, Infosys has delivered profitable revenue growth.

Aug 18, 2017, 12:59 PM IST

Continuous stream of distractions led Vishal Sikka to quit

The "continuous stream of distractions and disruptions" that became increasingly personal and negative forced Vishal Sikka to quit as the CEO of Infosys.

Aug 18, 2017, 11:48 AM IST

Infosys expresses gratitude to Vishal Sikka for his leadership

At its board meeting held on Friday, the Board of Directors of Infosys Limited accepted Vishal Sikka`s resignation as the Managing Director and CEO, effective immediately.

Aug 18, 2017, 11:45 AM IST

Vishal Sikka resigns as Infosys MD, CEO

Vishal Sikka has resigned from the post of MD and CEO of Infosys. He has alleged that he had been falsely accused from last 3 months. Watch to know more.

Aug 18, 2017, 11:32 AM IST