Vishal Sikka

Former Infosys CEO Vishal Sikka Joins Oracle's Board Of Directors

Business | Indo-Asian News Service | Tuesday December 10, 2019

Oracle Chairman and CTO Larry Ellison said Mr Sikka is one of the world's leading experts in Artificial Intelligence and Machine Learning.

Investors Lose Rs 53,000 Crore As Infosys Shares Sink Amid Row Over CEO

Business | Written by Sandeep Singh (with inputs from agencies) | Tuesday October 22, 2019

Infosys shares nosedived nearly 17 per cent on Tuesday in their worst single-day drop in over six years, wiping out investors' wealth worth nearly Rs 53,000 crore. The dive in Infosys shares came a day after India's second largest IT services company said it had received complaints from anonymous whistleblowers alleging certain unethical practices....

Infosys Is Boring Again, And That's A Good Thing, Says Nandan Nilekani

Business | Yoolim Lee and Saritha Rai | Thursday November 8, 2018

"We have an excellent CEO in Salil Parekh. Infosys is really on a very stable and forward-looking path," said the chairman.

Infosys Asked To Pay Ex-CFO Over Rs 12 Crore As Severance: 10 Points

Business | NDTV Profit Team | Tuesday September 18, 2018

Infosys said on Monday that a tribunal has ruled in favour of ex-chief financial officer (CFO) Rajiv Bansal's severance package, rejecting the company's claim for a refund. According to the arbitral tribunal's order, the IT company is now required to pay Mr Bansal the outstanding severance amount of Rs.12.17 crore along with interest. The move come...

"Mission Accomplished," Infosys Director Resigns To Pursue New Role

Business | NDTV Profit Team | Friday May 11, 2018

"My seven years on the board have been exciting, rewarding and eventful," said Ravi Venkatesan.

Infosys Looking To Sell Vishal Sikka's Acquisitions

Business | Thomson Reuters | Friday April 13, 2018

Infosys said it had begun looking for buyers for Kallidus, Skava and Panaya - firms Infosys had bought in 2015, during Vishal Sikka's tenure.

Will Be There As Long As I'm Needed, Not A Day Longer, Says Nandan Nilekani

Business | Press Trust of India | Friday January 12, 2018

Nilekani was brought on-board in August last year, after the then CEO Vishal Sikka resigned.

Salil Parekh's Salary Is Much Lower Than Vishal Sikka's. Details Here

Business | Indo-Asian News Service | Thursday January 4, 2018

Ex Infosys CEO Mr Sikka's compensation included a fixed annual salary of $5.08 million, variable pay of $4.18 million and stock options worth $2 million.

Salil Parekh To Take Charge As Infosys CEO On Tuesday

Business | Press Trust of India | Monday January 1, 2018

The former Capgemini executive's experience in building the IT firm's operations in India and its acquisition of iGate (in 2015) will also be an added advantage for him, say industry watchers.

New Strategy, New CEO, Infosys Focus Back On Business, Says Nandan Nilekani

India News | Saritha Rai, Bloomberg | Thursday December 7, 2017

Infosys Ltd.'s plan to turn disruption to its advantage by focusing on newer digital technologies will begin showing results in the coming financial year, according to billionaire co-founder and Chairman Nandan Nilekani.

Infosys Files Application For Settlement With Market Regulator Over Severance Pay To Ex-CFO

Business | NDTV Profit Team | Thursday December 7, 2017

The settlement is based on the undertaking that Infosys will "neither admit nor deny the finding of fact or conclusion of law," the company said.

Infosys Appoints Salil Parekh As Chief Executive

Business | Thomson Reuters | Saturday December 2, 2017

Former CEO Vishal Sikka announced a sudden exit in August folowing allegations of poor corporate governance.

Salil S Parekh: From IIT Bombay To Infosys Top Job

Business | NDTV Profit Team | Sunday December 3, 2017

Three months after former Infosys CEO Vishal Sikka stepped down over allegations of poor corporate governance, the board of Infosys, India's second largest IT services and software firm, appointed Salil S Parekh as chief executive officer and managing director effective January 2, 2018. Mr Parekh will take over from interim CEO U B Pravin Rao on Ja...

Infosys Appoints Salil S Parekh As CEO, Managing Director

Business | NDTV Profit Team | Saturday December 2, 2017

The Bengaluru-based company had set a deadline of March 2018 to fill the top vacancy following the abrupt resignation of former CEO Vishal Sikka in August after a spate of allegations pertaining to governance issues by co-founder N R Narayana Murthy.

Narayana Murthy Praises Nandan Nilekani, Says He Doesn't Need Advice

Business | Press Trust of India | Wednesday November 15, 2017

His remarks come days after he had expressed disappointment over Infosys under Mr Nilekani giving a clean chit to the company's acquisition of Israeli firm Panaya.