Infosys share price up 4% in early trade hours on Monday
Infosys share price shot up by 5% in the early trading hours on Monday after Nandan Nilekani's return.
Infosys share price shot up by 5% in the early trading hours on Monday after Nandan Nilekani's return.
In a con-call with investors, Nandan Nilekani stated that he has been appointed at Infosys with a pre-defined task and will leave the company once that task is completed.
Intraday experts have placed their bets on Infosys to be one of the best shares on Monday, first trading day since Nilekani's appointment as chairman.
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.
Domestic Institutional Investors have urged Infosys to bring back Nandan Nilekani on board in his suitable capacity to stabilise the ongoing situation.
The cofounder of Infosys Nandan Nilekani and Helion Venture’s Sanjeev Aggarwal have jointly launched an investment fund known as Fundamentum
Infosys Founders, including Narayan Murthy, Nandan Nilekani, Kris Gopalakrishnan are considering to sell their entire stake worth ₹28,000 crores.