Nandan Nilekani officially appointed infosys chairman
In a regulatory filing, Infosys has announced the appointment of Nandan Nilekani as chairman of the board of directors of the company.
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In a regulatory filing, Infosys has announced the appointment of Nandan Nilekani as chairman of the board of directors of the company.
With Nandan Nilekani set to return as a non-executive chairman at Infosys, a number of board members have offered to resign from their posts.
Vallabh Bhanshali, Chairman of ENAM Securities does not find Narayan Murthy to be the only culprit behind Vishal Sikka's abrupt resignation.
Domestic Institutional Investors have urged Infosys to bring back Nandan Nilekani on board in his suitable capacity to stabilise the ongoing situation.
In a board meeting today, Infosys has announced share buyback worth ₹13000 crore rupees at ₹1150 per share.
Three major US law firms have initiated legal investigation against Infosys for being allegedly involved in securities fraud.
UB Pravin Rao, Ranganath D Mavinakere, Ravi Kumar S, and Mohit Joshi are considered as frontrunners for the post of Infosys CEO.
In early trade on friday, Infosys shares fell by around 7% and were trading at INR 953 at the time of writing this news.
Vishal Sikka has resigned from his post of MD & CEO of Infosys with an immediate effect. The company said in a statement early on Friday morning.
In a statement to the supreme court, Central government stated that it is planning to regulate the activities of NGOs registered within the country.