Narayana Murthy

Infosys shares jump on Nilekani's return as Chairman

Infosys shares jump on Nilekani's return as Chairman

The new Chairman of Infosys told investors on Friday his priorities were to find a CEO, reconstitute the board and shape future strategy.

Aug 28, 2017, 13:25 PM IST
Infosys' new chairman to focus on CEO search, strategy

Infosys' new chairman to focus on CEO search, strategy

The new chairman of Infosys said his priorities were to find a CEO, reconstitute the board and shape future strategy, as he sought to calm investors frazzled by the recent shock exit of the firm`s chief over a prolonged row with its founders.

Aug 28, 2017, 10:49 AM IST
Nandan Nilekani vows to repair Infosys, Murthy relations; stabilise company

Nandan Nilekani vows to repair Infosys, Murthy relations; stabilise company

Nilekani has been called in to steer Infosys after chairman R Seshasayee and three other directors quit, meeting the key demand of founder group led by N R Narayana Murthy.

Aug 25, 2017, 19:15 PM IST
Focus on stability, have no discordant voices at Infosys: Nilekani

Focus on stability, have no discordant voices at Infosys: Nilekani

Nandan Nilekani, who was named Infosys Non-executive Chairman last night, today said that he will be able to offer more details of the strategy in October and is focussed on bringing "complete stability".

 

Aug 25, 2017, 10:55 AM IST
Infosys names former chief Nilekani as Chairman, defusing feud with founders

Infosys names former chief Nilekani as Chairman, defusing feud with founders

Nandan Nilekani, credited for driving up Infosys` annual revenue four-fold to USD 2 billion during his 2002-2007 tenure as CEO, will take over as the non-executive chairman and as a non-independent director with immediate effect, India`s No. 2 IT services firm said in a statement.

Aug 25, 2017, 09:14 AM IST
Infosys saga: Here's a timeline of events

Infosys saga: Here's a timeline of events

Here's a timeline of events at Infosys.

Aug 24, 2017, 22:09 PM IST
Nandan Nilekani back at Infosys as Chairman: Here's a look at his profile

Nandan Nilekani back at Infosys as Chairman: Here's a look at his profile

Here's a look at Nandan Nilekani's profile.

Aug 24, 2017, 21:08 PM IST
Nandan Nilekani appointed as new Infosys Chairman, Seshasayee quits

Nandan Nilekani appointed as new Infosys Chairman, Seshasayee quits

Nilekani was one of the seven founders that set up Infosys more than three decades ago and served as its CEO between March 2002 to April 2007.

Aug 24, 2017, 20:30 PM IST
Infosys shares rise on reports co-founder Nandan Nilekani may return to board

Infosys shares rise on reports co-founder Nandan Nilekani may return to board

Shares in Infosys rose for a third straight day on Thursday, following reports that former Chief Executive Nandan Nilekani could return to the board to help the software services exporter ride out its latest controversy.

Aug 24, 2017, 11:16 AM IST
'Murthy's criticism not that of entire Infosys promoter group'

'Murthy's criticism not that of entire Infosys promoter group'

As a leadership crisis continues at Infosys, an investor advisory firm today said the IT firm's founders have not always been in sync with each other and N R Narayana Murthy's public criticism of the management may not necessarily represent that of the entire promoter group.

Aug 23, 2017, 14:50 PM IST
Narayana Murthy postpones Infosys investor conference call to August 29

Narayana Murthy postpones Infosys investor conference call to August 29

Infosys founder N R Narayana Murthy has postponed his conference call scheduled with investors on Wednesday to August 29.  

Aug 23, 2017, 13:37 PM IST
Narayana Murthy to interact with investors today

Narayana Murthy to interact with investors today

A defiant Infosys Founder N R Narayana Murthy will interact with investors on Wednesday through a conference call to tell his version of the software major`s boardroom battles that led to the exit of its technocrat Vishal Sikka as CEO on last Friday.

Aug 23, 2017, 13:12 PM IST
Infosys board approves up to Rs 13,000 crore buyback offer; price fixed at Rs 1,150 per share

Infosys board approves up to Rs 13,000 crore buyback offer; price fixed at Rs 1,150 per share

The buyback price of Rs 1,150 per share is nearly 25 percent higher than Friday's closing of Rs 923.10 apiece.

Aug 19, 2017, 12:13 PM IST
Infosys loses over Rs 22k crore in market value after Sikka quits

Infosys loses over Rs 22k crore in market value after Sikka quits

Led by the sharp plunge, the company's market valuation slumped Rs 22,518.98 crore to Rs 2,12,033.02 crore.

Aug 18, 2017, 17:15 PM IST
Narayana Murthy shares concern of CEA over lack of reliable job data

Narayana Murthy shares concern of CEA over lack of reliable job data

Infosys Co-Founder Narayana Murthy on Thursday endorsed Chief Economic Advisor Arvind Subramanian's concern over lack of reliable jobs data which has thrown up big challenges before the central government to solve unemployment problem.

Aug 17, 2017, 18:55 PM IST
PM's 'Competitive Cooperative Federalism' brilliant idea: Narayana Murthy

PM's 'Competitive Cooperative Federalism' brilliant idea: Narayana Murthy

Infosys co-founder N R Narayana Murthy on Tuesday termed Prime Minister Narendra Modi's idea of "Competitive Cooperative Federalism" as brilliant.

Aug 15, 2017, 16:05 PM IST
Narayana Murthy tells IT honchos to take less salary and avoid layoffs

Narayana Murthy tells IT honchos to take less salary and avoid layoffs

Seeking to allay fears of slowdown in the Indian IT industry affecting jobs of techies, software major Infosys co-founder N.R. Narayana Murthy on Thursday advised executives to take home less pay and avoid lay-offs at the middle and lower rungs.

Jun 01, 2017, 22:55 PM IST
N Chandrasekaran took home Rs 30 crore as TCS CEO in FY17

N Chandrasekaran took home Rs 30 crore as TCS CEO in FY17

Tata Sons chief N Chandrasekaran took home a pay package of Rs 30.15 crore in FY2017 during his tenure as the CEO and MD of TCS, India's largest IT services firm.

May 30, 2017, 23:28 PM IST
Severance pay: Infosys ex-CFO Rajiv Bansal turns to arbitration

Severance pay: Infosys ex-CFO Rajiv Bansal turns to arbitration

Rajiv Bansal, former CFO of Infosys, has dragged his former employer to arbitration to claim the remaining Rs 12 crore of his severance pay.

Apr 20, 2017, 21:19 PM IST
Need to reduce 'friction' in businesses in India: Narayana Murthy

Need to reduce 'friction' in businesses in India: Narayana Murthy

To transform India's economy, there is a need to reduce "friction" in businesses and create an "environment" wherein the government has more trust in its entrepreneurs, Infosys founder N R Narayana Murthy has said.

 

Apr 13, 2017, 14:00 PM IST