Articles about Pravin Rao

Ex-Infosys CEO Vishal Sikka received Rs. 13cr remuneration in 2017-18

22 May 2018

Infosys
Ex-Infosys CEO Vishal Sikka received Rs. 13cr remuneration in 2017-18

Former Infosys CEO Vishal Sikka, who resigned last year after a row with Infosys co-founder NR Narayana Murthy, received around Rs. 13cr in compensation for 2017-18.

Infosys: Single digit salary hike for majority of employees

14 Apr 2018

Infosys
Infosys: Single digit salary hike for majority of employees

On Friday, Infosys announced that it had rolled out salary hikes ranging from "mid-single digit to high-single digit" for a majority of employees, both onsite, and offshore.

Infosys profit rises by 7% to Rs. 3,726cr in Q2

24 Oct 2017

India
Infosys profit rises by 7% to Rs. 3,726cr in Q2

Infosys, India's second-largest IT company, reported a Rs. 3,726-crore net-profit for the July-September quarter, posting 7% Quarter-on-Quarter rise and 3% Year-on-Year increase.

Nandan Nilekani to work without salary as Infosys Chairman

02 Sep 2017

India
Nandan Nilekani to work without salary as Infosys Chairman

According to the BSE filing by India's second largest IT firm Infosys, it will not be paying a single dime to its newly instated non-executive and non-independent chairman, Nandan Nilekani.

Infosys under Nilekani will adapt a 3-pronged strategy

27 Aug 2017

India
Infosys under Nilekani will adapt a 3-pronged strategy

If anything is evident from Nilekani's tweet - "Joined @Infosys at 26, re-joined it at 62." - it's the fact that Infosys is once again relying on its old guard to bring the much-needed order.

Infosys appoints Nandan Nilekani as Chairman of the Board

24 Aug 2017

India
Infosys appoints Nandan Nilekani as Chairman of the Board

According to reports, Nandan Nilekani has been appointed as the non-executive, non-independent director and the Chairman of the Board of Director with immediate effect.

US law firms file suits against Infosys after Sikka's resignation

20 Aug 2017

Infosys
US law firms file suits against Infosys after Sikka's resignation

The ramifications of Vishal Sikka's resignation from Infosys have been huge. Three American law firms have filed class action suits against it over alleged securities fraud, misleading information and unlawful practices.

Who could be the next CEO of Infosys?

19 Aug 2017

India
Who could be the next CEO of Infosys?

Following the resignation of its first non-founder CEO, Vishal Sikka, Infosys is sifting through the resumes of internal and external candidates to find his successor.

Infosys gives Rs. 14 crore in compensation, Sikka's pay slashed

24 May 2017

Infosys
Infosys gives Rs. 14 crore in compensation, Sikka's pay slashed

Post results, Vishal Sikka-led Infosys has been busy, from battling layoff rumors to hiring new overseas employees and pushing towards a new direction that would give the company profitability in the coming years.

Fresh dispute at Infosys over COO Pravin Kumar's pay hike

03 Apr 2017

Vishal Sikka
Fresh dispute at Infosys over COO Pravin Kumar's pay hike

A resolution to increase the salary of Infosys COO U.B. Pravin Rao has led to fresh dispute between the Infosys board and the company's promoters.

Infosys releases 9000 employees as automation kicks in

22 Jan 2017

India
Infosys releases 9000 employees as automation kicks in

Infosys stated that it has released 8000-9000 employees in the last year as it has begun automation of lower-end jobs.

Infosys's appointment of DN Prahlad sees shareholders uneasy

20 Oct 2016

India
Infosys's appointment of DN Prahlad sees shareholders uneasy

After Infosys appointed DN Prahlad, a former employee and a relative of N.R. Narayana Murthy to the company's board, many shareholders have not responded well to the appointment.

Infosys EVP Sanjay Purohit resigns

20 Sep 2016

India
Infosys EVP Sanjay Purohit resigns

Last month, Infosys's Executive Vice President, Sanjay Purohit left the company.