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Rajiv Bansal News
Infosys says 'will comply' with arbitration award to pay ex-CFO Rajiv Bansal
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.
Infosys asked to pay ex-CFO Rajiv Bansal severance of Rs 12.17 cr
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.
Infosys' settlement move with SEBI fine: Mohandas Pai
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.
Narayan Murthy's shadow to loom large over search for Infosys CEO
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.
Here are 7 key things Infosys' Board said at 36th AGM
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.
Infosys appoints Inderpreet Sawhney from Wipro as group general counsel
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.
Infosys denies media reports on co-founders' stake sale; stock down nearly 2% in early trade
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.
Here are key things to know about Infosys share buyback plan
Fri, Feb 24, 2017
Find out the key things about Infosys share buyback plan.
Sebi to seek response from Infosys on whistleblower letter on severance payout to former CFO Rajiv Bansal, Panaya deal
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.
Infosys chair R Seshasayee should step down, says former CFO V Balakrishnan
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.
Infosys management did not make timely disclosures, says former CFO T V Mohandas Pai
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.
Infosys CEO Vishal Sikka attempts to quell tensions with company founders
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.
Infosys CEO Vishal Sikka to address investors today
Mon, Feb 13, 2017
Sikka's participation was confirmed by a company spokesperson saying the event was scheduled much before these developments.
Sikka reaches out to Infosys' management team to assuage concerns
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.
Infosys admits differences exist between founders and its board
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.
David Kennedy's departure from Infosys is a cause for concern, InGovern says
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.