Vishal Sikka

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

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....

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

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...

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

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

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

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.

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.

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.

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.

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

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...

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.

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.

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

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....

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

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...

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

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

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

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.

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.

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.

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.

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

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...

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.

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.