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severance pay News
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.
LIC's stake in Infosys rises to 7.02%
Sat, Feb 11, 2017
The disclosure comes at a time when the company's founders and its board have clashed over the issues of corporate governance, CEO compensation and severance pay of former CFO.
Don't be distracted by gossip about Infosys, says CEO Vishal Sikka to employees
Thu, Feb 09, 2017
Infosys CEO Vishal Sikka asked employees to keep a "sharp focus" on executing the company's strategy and not to get distracted by the ongoing gossip about the company.
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.