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Ex-IT honchos raise second round of funding

Exfinity Technology Fund, promoted by former IT honchos of Infosys, Wipro and I-flex, Friday announced raising Rs.25 crore in the second and final round of funding exercising the green shoe option.

Pai, Bala, Prahlad ask Infy to buy back shares worth Rs 11k

The former executives are seeking Rs 3,850 a share, which is a premium of 7.7 percent over the company's closing price of Rs 3,574 on Wednesday.

Former Infosys officers call for $1.8 billion buyback

The demand comes at a time when Infosys is in the middle of the biggest leadership transition in its history.

V Balakrishnan joins Avekshaa Technologies' advisory board

Former Infosys CFO V Balakrishnan has joined the advisory board of an architecture-led IT consulting and solutions firm Avekshaa Technologies to offer his expertise on international business trends, business priorities and strategic direction.

Technocrats lose to Modi wave

Entry of technocrats and industry torchbearers like Nandan Nilekani and V Balakrishnan into Indian politics was touted as a game changer but all of them tasted defeat at the hustings, swept away by the Modi wave.

Kamath, Mohandas Pai, Balakrishnan played a role in my return: NRN Murthy

Murthy, who retired in August 2011, was called back in June last year to take charge of the once IT bellwether that failed to keep pace with the growth posted by industry peers like TCS and HCL Technologies.

Ex-Infosys honcho to campaign for Arvind Kejriwal

Modi is also contesting from Vadodara Lok Sabha seat in Gujarat, where election is due April 30.

Ex-Infosys honcho to campaign for Kejriwal

V Balakrishnan, the former Infosys honcho and Aam Aadmi Party (AAP) contestant from the Bangalore Central Lok Sabha seat, will campaign for the party`s national convener Arvind Kejriwal, who is contesting from Varanasi.

IT captains hail Nilekani & Balakrishnan`s political foray

As IT poster boys Nandan Nilekani and V Balakrishnan face electoral test next week, captains of their industry have hailed their plunge into the murky waters of politics.

Fighting elections more exciting than Infosys job: AAP`s Bala

In poll fray on AAP ticket, former Infosys director V Balakrishnan, once in charge of managing over Rs 15,000 crore of Infosys cash, finds fighting elections more exciting than his job at the IT giant.

Infosys ex-honcho Balakrishnan seeks to change system

Balakrishnan is pitted against P.C. Mohan, outgoing BJP MP, and Rizwan Arshad of the Congress in the Bangalore Central constituency.

Three débutantes in race in Bangalore Central

Three new faces, including high-profile Aam Aadmi Party candidate and former Infosys Board member V Balakrishnan, are slugging it out in Bangalore central Lok Sabha constituency against incumbent PC Mohan of BJP.

Former Infosys director files nomination from Bangalore Central

Former Infosys director V Balakrishnan was among 73 candidates who jumped into the electoral battle on the fifth day of filing of nominations for the April 17 Lok Sabha polls in Karnataka.

Despite top-level exits, Infy stock up 50% since Murthy return

On December 20, the IT major's scrip had hit a 52-week high level of Rs 3,569.90.

Infosys shares fall over 2% after BPO head Balakrishnan quits

Shares of Infosys Monday fell by over 2 percent after V Balakrishnan, head of BPO business, quit the company on whose Board he was also a member.

Infosys resignations: Top eight who quit in last six months

After the second coming of Narayana Murthy, along with his son, Infosys witnessed an outflow of big executives with V Balakrishnan putting in his papers today.

V Balakrishnan quits Infosys — eighth top exit in six months

Balakrishnan, who joined Infosys in 1991, was considered by some as the next chief executive officer after current CEO S D Shibulal retires in 2015.

Big churn in Infosys: Balakrishnan to head Lodestone

Balakrishnan, a director on the country's second largest software services firm's board, headed Infosys's BPO, Finacle and India Business Unit operations.

Balakrishnan to step down as CFO at Infosys from Oct 31

Infosys Chief Financial Officer V Balakrishnan will step down from his position on October 31, after six years at the helm of finances of the IT major, to pave the way for younger generation to shape the company.

Infosys 'seriously looking' for acquisitions

Infosys on Thursday said it is "seriously looking" at acquisitions as the company understands the importance of growth through buying out other companies.