Infosys acquires Brilliant Basics, expands Digital Studios network

Brilliant Basics was a 100 per cent management owned firm with co-founder and CEO owning 85.5 per cent.

Infosys delays Q2 earnings announcement to October 24

Infosys spokesperson said the delay was on account of non-availability of dates of some board members and holidays.

Rao, who is the COO at Infosys, had been named interim-CEO and MD on August 18, after Vishal Sikka resigned.

Nilekani's last drawn remuneration for the fiscal 2010 in which he ceased to be a director was Rs 34 lakh.

Nilekani stressed on the immediate goals of finding a CEO for the IT giant and coming up with a long-term governance structure.

Nandan Nilekani was appointed as the non executive chairman of Infosys on Thursday.

V Balakrishnan asserted that Chairman R Seshasayee and Co-chair Ravi Venkatesan must step down as part of a board rejig.

Back in 2014, Sikka had overtaken S D Shibulal to become Infosys' first non-founder CEO.

RPG's Harsh Goenka tweets: 'Post demonetisation, old 'sikkas' not working. 'Vishal' change in #Infosys'.

Nilekani was one of the seven founders that set up Infosys more than three decades ago.