Vishal Sikka
18 Sep 2018
Infosys loses arbitration, asked to pay Rs. 12cr to Bansal
India's second largest software company, Infosys Ltd., has lost the arbitration over its disputed severance package to former Chief Financial Officer (CFO) Rajiv Bansal.
22 May 2018
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.
16 Apr 2018
Whistleblower asks SEBI to question Infosys board
An anonymous whistleblower has sent a letter to market regulator SEBI demanding accountability about the Infosys board's decision to buy firms Panaya and Skava and sell them three years later at a significantly lower value.
04 Jan 2018
How much does Salil Parekh, new Infosys CEO, earn?
After months of search, Infosys finally decided on its new CEO last December. Salil Parekh took charge the day before yesterday.
02 Dec 2017
Capgemini's Salil Parekh named Infosys's new CEO & MD
24 Oct 2017
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.
18 Sep 2017
A month after Sikka, Infosys senior VP Sanjay Rajagopalan resigns
A month after Vishal Sikka resigned from Infosys, the company's senior vice-president Sanjay Rajagopalan has also quit his post.
10 Sep 2017
Infosys to recruit 6,000 techies annually for next 2 years
Despite Vishal Sikka's resignation and turbulence over clashes between board members and founders over corporate governance issues, Infosys has announced that it will continue to recruit 6,000 employees per annum for the next two years.
04 Sep 2017
Infosys promoters offer shares worth Rs. 2,038 crore for buyback
Infosys promoters, including the co-founder duo N.R. Narayana Murthy and Nandan Nilekani, have offered to put up as many as 1.77 crore shares for sale in the proposed Rs. 13,000 crore buyback offer of the firm.
01 Sep 2017
Murthy's allegations are 'false and slanderous', says former chairman Seshasayee
Responding to Infosys co-founder Narayana Murthy's allegations of lying, former chairman R Seshasayee slammed the "false and slanderous" accusations, saying he didn't understand the reason behind the persistent vendetta.
30 Aug 2017
Infosys founder Narayana Murthy's mysterious whistleblower strikes again
Kickstarting a fresh chapter of controversy, Infosys founder N.R. Narayana Murthy said that a whistleblower had informed him that the former Chairman R. Seshasayee had lied to the firm's shareholders in its 33rd Annual General Meeting (AGM).
27 Aug 2017
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.
25 Aug 2017
Will Vishal Sikka join HPE as CTO? Sources say yes
A week ago, Vishal Sikka resigned from the post of Infosys CEO and joined as executive vice chairman. Yesterday, he quit that too, stepping down with immediate effect.
24 Aug 2017
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.
20 Aug 2017
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.
20 Aug 2017
Infosys share buyback: What you need to know
Infosys CEO Vishal Sikka resigned on 18th Aug, citing slander by the company's founder.
19 Aug 2017
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.
18 Aug 2017
Vishal Sikka's Infosys stint: The highs and lows
Vishal Sikka's tenure at Infosys has been filled with bitter controversies, a war between the Narayana Murthy-led founders' camp and the Sikka-led management, and "unrelenting, baseless/malicious and increasingly personal attacks".
18 Aug 2017
Infosys CEO Vishal Sikka resigns, what's next?
Bitter showdowns with the founders, continuous high profile exits and dismal financial condition of Infosys have finally broken down the resilient Vishal Sikka.
25 Jun 2017
36th Infosys AGM: Unhappy founders choose to skip
The 36th Annual General Meeting (AGM) for 2016-17 of Infosys in Bengaluru has reportedly not been attended by any of the co-founders, including NR Narayana Murthy.
09 Jun 2017
Infosys: To sell or not to, that is the question
For Infosys, it's one bad day after another; the bellwether IT firm has too many things on its plate.
24 May 2017
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.
16 May 2017
Japanese firms eye automation due to lack of labor
In most countries, automation comes at the cost of letting go of human labor, an exercise that draws major flak whenever it is executed but in Japan automation is more of a necessity due to the shortage of labor itself.
03 May 2017
White House welcomes Infosys decision to hire Americans
Ninio Fetalvo, a White House spokesman stated to the media that "We're glad to see companies like Infosys see opportunity in the American economy again."
02 May 2017
H-1B issue: Infosys to hire 10,000 local US techies
Indian technology giant Infosys has decided to open four technology centers and hire over 10,000 US techies in light of the new limitations on the H-1B visas.
21 Apr 2017
Former Infosys CFO fights for salary dues
Infosys's former CFO Rajiv Bansal invoked his rights to an arbitral tribunal to fight for his salary dues from the company.
13 Apr 2017
Infosys Q4 results report 2.83% fall in net profits
Infosys reported a 2.83% fall in consolidated net profit managing Rs. 3,603 crore in January-March quarter.
05 Apr 2017
Infosys may freeze over, Sikkha will get a check
Non-founder CEO of Infosys Vishal Sikka's new salary with a 55% hike stands at $11 million.
05 Apr 2017
New H-1B visa norms: Entry level computer programmers face hit
In the midst of the mad dash for H-1B visas, for which entries open every April, the new administration in Washington DC played a trump card through a Homeland Security memo, notifying tougher vetting procedures for computer programmers.
03 Apr 2017
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.
27 Feb 2017
SEBI seeks to overhaul board room governance
The Securities and Exchange Board of India (SEBI) said that there needs to be an overhaul of the governance structure of boardrooms of listed companies in India.
22 Feb 2017
NSE, BSE seek clarification from Infosys over whistle-blower's allegations
India's two biggest stock exchanges, the National Stock Exchange and Bombay Stock Exchange, have sought clarifications from Infosys on allegations of the fraudulent acquisition made in two anonymous emails against the management of the IT company.
21 Feb 2017
Infosys CEO writes to employees against "libellous" allegations
Following allegations of fraudulent acquisition of Israeli automation firm Panaya, Infosys CEO Vishal Sikka has written to his employees a strongly-worded letter refuting all those allegations.
15 Feb 2017
Decision on hefty severance pay for ex-Infy CFO not recorded
A meeting in which severance pay of Rs 17.38cr was decided for Infosys' ex-CFO Rajiv Bansal, an issue causing furore in the board, was not initially recorded.
14 Feb 2017
Whistleblower's letter malicious, slanderous: Vishal Sikka
A whistleblower's letter with regards to Infosys alleges that its former Chief Financial Officer (CFO) Rajiv Bansal was paid Rs. 17.4 crore as severance for remaining silent on accounting practices and an overseas acquisition.
10 Feb 2017
Infosys founders critical of Vishal Sikka's variable pay
Adding to the unhappiness of the Infosys founders with the company's board is the flexible variable pay of CEO Vishal Sikka.
22 Jan 2017
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.
20 Oct 2016
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.
20 Sep 2016
Infosys EVP Sanjay Purohit resigns
Last month, Infosys's Executive Vice President, Sanjay Purohit left the company.
25 Aug 2016
CEO salaries: Exponential rise
An analysis of the salaries of the CEOs of the top twenty listed companies in India for 2015-2016 shows a massive increase in compensation compared to the past few years.
