Mon, Feb 17, 2020
In a major development, senior bureaucrat Rajiv Bansal on Monday took charge as Chairman and Managing Director of Air India.
Tue, Oct 16, 2018
Infosys Tuesday said it will comply with the arbitration award asking the company to pay Rs 12.17 crore and interest to its former chief financial officer Rajiv Bansal.
Tue, Sep 18, 2018
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.
Sun, Dec 10, 2017
The Infosys' move to settle with Securities and Exchange Board of India (SEBI) the alleged disclosure lapses involving a severance pact is "perfectly fine", the company's former chief financial officer, T V Mohandas Pai, said today.
Sun, Aug 20, 2017
Infosys' search for a new CEO may not be an easy one as the pressure of being under the constant scrutiny of the firm's high-profile founders could see many candidates shying away, said industry leaders and experts.
Mon, Jun 26, 2017
Infosys Board members during its recently held 36th AGM in Bengaluru on Saturday spoke on range of issues right from automation, corporate governance, compensation packages to layoffs and hiring plans in India. Find out, what are 7 key things Infosys' board said in its recent annual general meeting.
Fri, Jun 16, 2017
Infosys has announced key appointments on Friday. It has appointed former Wipro executive Inderpreet Sawhney as its group general counse. Besides, the company has appointed Karmesh Vaswani as the global head for retail, CPG and logistics (RCL) while Nitesh Banga as head for manufacturing.
Fri, Jun 09, 2017
Infosys issued a statement on Friday denying media reports suggesting co-founders planning to sell entire 12.75% stake into the company.
Fri, Feb 24, 2017
Find out the key things about Infosys share buyback plan.
Fri, Feb 17, 2017
Capital markets regulator Sebi will seek response from Infosys on letter received from whistleblower at the company complaining against its CEO Vishal Sikka and the board of directors against hefty severance payout to former CFO Rajiv Bansal and the acquisition of Panaya.
Wed, Feb 15, 2017
Infosys former CFO V Balakrishnan has asked the current chairman R Seshasayee to step down and the company to carry out forensic audi of the severance pay given to former senior management employees.
Tue, Feb 14, 2017
Infosys former CFO T V Mohandas Pai on Tuesday accused the company of not disclosing necessary details on Rajiv Bansal's exit with a high severance package of Rs 17.3 crore.
Mon, Feb 13, 2017
Infosys chief executive officer Vishal Sikka on Monday attempted to allay concerns over a corporate governance row between the software services firm and its founders stating that his relations with N R Narayana Murthy and co-founders were excellent.
Sikka's participation was confirmed by a company spokesperson saying the event was scheduled much before these developments.
Sun, Feb 12, 2017
Sikka has reportedly advised senior management officials not to get distracted by the ongoing spat between the board and the founders, and instead focus on company's business and strategy.
Fri, Feb 10, 2017
India's information technology giant Infosys Ltd has denied any lapses in corporate governance. Although the company accepted that there are difference between the board and its founders.
Tue, Jan 03, 2017
Kennedy will reveive a severance payment by the company when it was stated that no other directors apart from MD Vishal Sikka would be eligible for severance pay.
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