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101st Day Of Lockdown

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vishal sikka Page-3

Sensex, Nifty hit hard; Infosys plunges 9.6 per cent as Sikka quits

Deadly attack in Spain and rising concerns over Donald Trump's economic agenda cast a long shadow on markets.

18 Aug 2017 5:20 PM

Sad to see a 'good CEO' like Vishal Sikka leave: Mohan Reddy

Referring to Murthy, he said that promoters have no locus standi once they leave the company.

18 Aug 2017 5:07 PM

Bring back Nilekani as Infosys chairman, says advisory firm

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

18 Aug 2017 4:54 PM

No change in buyback plans, says Infosys

Share buybacks typically improve earnings per share and return surplus cash to shareholders.

18 Aug 2017 4:27 PM

Murthy 'anguished' by Infosys board allegations, calls them baseless

The Board said Murthy has repeatedly made continuous assaults on Vishal Sikka, leading to his resignation.

18 Aug 2017 3:54 PM


Infosys committed to Vishal Sikka's 'strategic direction'

The board also thanked Sikka for agreeing to stay on board as the Executive Vice Chairman and 'ensuring continuity'.

18 Aug 2017 3:01 PM

Infosys tanks 13 per cent after Sikka quits as CEO

At NSE stock crashed 13.38 per cent to hit its one- year low of Rs 884.20.

18 Aug 2017 2:45 PM

Infosys board claims Narayana Murthy's attacks on Sikka led to his exit

The Board argued that Murthy's 'campaign' has intensified over time.

18 Aug 2017 1:05 PM

'Continuous stream of distractions' forced Sikka to resign as Infosys chief

Sikka, who joined Infosys in August 2014, said these distractions prevented the management's ability to accelerate transformation.

18 Aug 2017 12:35 PM

Can't do my job while constantly defending attacks: Sikka

Sikka has been in the midst of a public tussle between the management and founders.

18 Aug 2017 12:31 PM


Sensex hit by 208 points, Infosys shares tank 7 per cent as Sikka quits

National Stock Exchange index Nifty dropped by 73.95 points or 0.74 per cent to 9,830.20.

18 Aug 2017 11:28 AM

Personal attacks behind Vishal Sikka's exit? Read full text of resignation letter

False, baseless allegations had a damaging effect on his ability to carry out a 'transformation', said Sikka in his letter.

18 Aug 2017 11:07 AM

Vishal Sikka puts down his papers as Infosys chief; stocks tank by 7 per cent

U B Pravin Rao has been appointed as the interim MD and CEO of Infosys.

18 Aug 2017 9:39 AM

Infosys eyes share buyback proposal

Infosys, in April, had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year.

17 Aug 2017 10:43 AM

Sikka plays down senior-level exits at Infosys, says its far lower than other cos

Some reports suggest that exits are a worrying trend for Infosys which has been battling various crises.

04 Aug 2017 10:14 AM


Infosys executive VP Ritika Suri quit; reasons unknown

Suri had led contentious acquisition of Israeli automation technology firm, Panaya by Infosys.

18 Jul 2017 5:10 PM

Infosys co-founder Murthy regrets quitting as chairman

Murthy, who had infamous run-ins with current management led by Vishal Sikka quit the company in 2014.

18 Jul 2017 10:04 AM

Automation hits headcount

Infosys released 3,600 people during the quarter: Vishal Sikka.

15 Jul 2017 3:23 AM

Sikka showcases Infosys' indigenous 'driverless' cart

Developing autonomous vehicle is aimed at training employees on new emerging technologies like artificial intelligence.

14 Jul 2017 1:33 PM

Infosys sees 1.3 per cent growth in Q1 net profit

On a sequential basis, Infosys' net profit declined 3.3 per cent while revenues were down 0.2 per cent in rupee terms.

14 Jul 2017 10:08 AM