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Top seven companies add Rs 48,519 crore in m-cap

Top seven companies add Rs 48,519 crore in m-cap

Seven of the top-10 most valued Indian companies together added Rs 48,518.62 crore in market valuation last week, with HDFC Bank emerging as the biggest gainer.

Indian IT industry faces twin challenges of Trump, automation

Automation and the new U.S. administration were the big unknowns at the Indian tech sector`s annual shindig this week, with machines threatening to take away thousands of jobs and concerns over possible visa rule changes in the key American market.

Infy row: Sebi says will not spare anyone if found guilty

Infy row: Sebi says will not spare anyone if found guilty

Amid the IT giant Infosys coming under the scanner for alleged corporate governance malpractices, Sebi chairman today said the regulator will not spare any violations irrespective of whether the entity found guilty is big or small.

Will take decision on buyback at an appropriate time: Infosys

Will take decision on buyback at an appropriate time: Infosys

Infosys said it "periodically" reviews the capital allocation policy and the management will take a decision on share buyback at an "appropriate time".

Not much has changed in IT since last Nasscom guidance: Infosys

Not much has changed in IT since last Nasscom guidance: Infosys

Infosys on Thursday said IT industry lobby Nasscom deferred guidance for 2017-18 because not much has changed since the last review in November and asserted customers remain "optimistic".

Compensation given to Vishal Sikka was not much : Infosys Chairman R Seshasayee

Infosys Chairman R Seshasayee. Watch the full segment for more details.

Infosys management did not make timely disclosures: Former CFO Mohandas Pai

Former CFO Mohandas Pai. Watch the full segment for more details.

Infosys Chairman Seshasayee reaches out to founders, tries to contain damage

Infosys Chairman Seshasayee reaches out to founders, tries to contain damage

Infosys Chairman R Seshasayee on Tuesday said he has reached out to the company's billionaire co- founders to see that the rift between them and the management over corporate governance issues does not spill into the open.

Infosys management did not make timely disclosures: Ex-CFO Pai

Infosys management did not make timely disclosures: Ex-CFO Pai

Even as Infosys management denies allegations on corporate governance deficit, its former chief financial officer T V Mohandas Pai on Tuesday accused it of not disclosing necessary details on Rajiv Bansal's exit with a high severance package of Rs 17.3 crore.

No more Rajiv Bansal-like situation, promises Infy chairman

No more Rajiv Bansal-like situation, promises Infy chairman

Infosys Chairman R Seshasayee on Monday sought to allay concerns over ex-CFO Rajiv Bansal's severance pay, but admitted that the "judgement" could have differed if circumstances were different or if certain processes had been in place.

Disappointed with Infy's explanation on issues: Balakrishnan

Infosys former CFO V Balakrishnan on Monday said he was disappointed that the company did not offer "concrete answers" on matters like CEO compensation and severance pay to former executives, and insisted that the board need to take the "first step" to address the concerns raised.

CFO severance package was Infy Board's wrong judgement: Chairman

CFO severance package was Infy Board's wrong judgement: Chairman

The astronomical severance pay given to Infosys` former Chief Financial Officer (CFO) Rajiv Bansal was a "judgement" error made by the company board due to a subjective element that guided the drawing up of severance packages, Infosys Chairman R. Seshasayee on Monday

Infosys logs drop in hiring for first time in 33 years

Infosys logs drop in hiring for first time in 33 years

Infosys had recruited about 6,000 people so far in the current fiscal as against 20,000 to 25,000 every year.

Don't think there is any boardroom battle: Infosys Chairman

Don't think there is any boardroom battle: Infosys Chairman

Seeking to allay fears about a boardroom battle in the IT bellwether, Infosys Chairman R Seshasayee on Monday said there is no battle between the board members and promoters of the company.

Infosys CEO Sikka attempts to quell tensions with company founders

Infosys CEO Sikka attempts to quell tensions with company founders

Infosys Ltd Chief Executive Vishal Sikka attempted on Monday to allay concerns over a corporate governance row between the software services firm and its founders, saying his relations with N.R. Narayana Murthy and co-founders were excellent.

Infosys crisis: Have not withdrawn governance concerns, insists Narayana Murthy

Infosys crisis: Have not withdrawn governance concerns, insists Narayana Murthy

Infosys co-founder N R Narayana Murthy on Monday denied that he had withdrawn his concerns about governance lapses at the firm, saying the Board has to address these "properly" and "full transparency should be displayed and people responsible for it should become accountable".

Share 'wonderful' relationship with Murthy, clarifies Sikka; dismiss reports of rift as 'distracting drama'

Share 'wonderful' relationship with Murthy, clarifies Sikka; dismiss reports of rift as 'distracting drama'

Dismissing reports of differences with founders of Infosys, Vishal Sikka, CEO of the tech major said that he shared heart warming and ' wonderful' relationship with the founder Chairman Narayana Murthy.

Appoint interim chairman to engage with Infy founders: Ex-CFO V Balakrishnan

As the rift between founders and its Board widens at Infosys, its former CFO V Balakrishnan on Sunday said an interim chairman should be appointed at the earliest to "effectively" engage with its billionaire co-founders.

Infy CEO Vishal Sikka to address investors tomorrow

Infy CEO Vishal Sikka to address investors tomorrow

Amid the ongoing conflict between Infosys' Board and its founders, its CEO Vishal Sikka is scheduled to meet institutional investors tomorrow at an event in Mumbai.

LIC's stake in Infosys rises to 7.02%

LIC's stake in Infosys rises to 7.02%

Life Insurance Corporation of India (LIC) on Saturday said it has acquired an additional two per cent stake in Infosys in over three years ending February 2017, taking its total shareholding in the Bengaluru-based software major to 7.02 per cent.