Vishal Sikka: News

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.

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.

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.

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.

Capgemini's Salil Parekh named Infosys's new CEO & MD

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.

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.

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.

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.

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.

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.

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

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.

Infosys share buyback: What you need to know

Infosys CEO Vishal Sikka resigned on 18th Aug, citing slander by the company's founder.

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.

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".

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.

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.

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.

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.

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.

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.

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.

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.