Infosys asked to pay ex-CFO Rajiv Bansal severance of Rs 12.17 cr
The IT firm had agreed to pay Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the company suspended payments after he got Rs 5 crore as co-founder N R Narayana Murthy and others objected to the severance package as excessive.
Infosys said it will take legal advice for further action on the issue. Image source: Reuters