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N R Narayana Murthy

V Balakrishnan pitches for Nandan Nilekeni, NRN or Premji for CIO post

V Balakrishnan pitches for Nandan Nilekeni, NRN or Premji for CIO post

Tue, Dec 19, 2017

Former Infosys CFO V Balakrishnan today urged the Centre to get persons like the company's Nandan Nilekani or IT czars N R Narayana Murthy or Azim Premji for the reportedly proposed post of Chief Information Officer under the PMO.

Former Infy CFO demands discontinuance of certain board members

Former Infy CFO demands discontinuance of certain board members

Sat, Dec 09, 2017

Former Infosys Chief Financial Officer V Balakrishnan today sought the discontinuance of certain board members in light of the company filing a settlement plea with SEBI on corporate governance lapses relating to severance payment to its former CFO Rajiv Bansal.

Growth, healing: New CEO faces twin tests at Infosys

Growth, healing: New CEO faces twin tests at Infosys

Mon, Dec 04, 2017

After well over a decade with Capgemini, Salil Parekh is returning home to head unsettled Indian software services firm Infosys, where he will seek to replicate his success in notching up record growth at the divisions he ran.

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Here are 7 key things Infosys' Board said at 36th AGM

Here are 7 key things Infosys' Board said at 36th AGM

Mon, Jun 26, 2017

Infosys Board members during its recently held 36th AGM in Bengaluru on Saturday spoke on range of issues right from automation, corporate governance, compensation packages to layoffs and hiring plans in India. Find out, what are 7 key things Infosys' board said in its recent annual general meeting.

Infosys appoints Inderpreet Sawhney from Wipro as group general counsel

Infosys appoints Inderpreet Sawhney from Wipro as group general counsel

Fri, Jun 16, 2017

Infosys has announced key appointments on Friday. It has appointed former Wipro executive Inderpreet Sawhney as its group general counse. Besides, the company has appointed Karmesh Vaswani as the global head for retail, CPG and logistics (RCL) while Nitesh Banga as head for manufacturing.

Activist shareholders a risk factor, says Infosys

Activist shareholders a risk factor, says Infosys

Tue, Jun 13, 2017

Over the past few months, the country's second largest software services firm has been battling allegations by co- founder N R Narayana Murthy and other former senior executives of falling corporate governance standards.

Infosys denies media reports on co-founders' stake sale; stock down nearly 2% in early trade

Infosys denies media reports on co-founders' stake sale; stock down nearly 2% in early trade

Fri, Jun 09, 2017

Infosys issued a statement on Friday denying media reports suggesting co-founders planning to sell entire 12.75% stake into the company.

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

Fri, Jun 02, 2017

Speaking to a news channel on the ongoing layoffs into the IT industry, Infosys co-founder N R Narayana Murthy said that it was possible for all IT companies to protect the jobs of youngsters if their senior management executives take some salary cuts.

Sad over recent IT layoffs, says Narayana Murthy

Sad over recent IT layoffs, says Narayana Murthy

Fri, May 26, 2017

Founder Chairman of Infosys N R Narayana Murthy today expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy. "...It is sad...," Murthy told in an email reply to a PTI query about recent IT layoffs.

Infosys elevates independent director Ravi Venkatesan as co-chairman

Infosys elevates independent director Ravi Venkatesan as co-chairman

Fri, Apr 14, 2017

Infosys on Thursday announced the appointment of Ravi Venkatesan as the company's co-chairman who will help its existing chairman R Seshasayee to enhance the board engagement in supporting the management in execution of the company's strategy.

Rao’s raise linked to global benchmarks, Infosys says

Rao’s raise linked to global benchmarks, Infosys says

Tue, Apr 04, 2017

After the dispute of Infosys’ COO, UB Pravin Rao’s compensation hike went public the company said it revised the compensation structure according to Indian and global companies, a report by The Hindu said on Tuesday.

"Image of Infosys as Gold Standard of Corporate Governance was nothing but a halo created by Murthy and Company," says Gupta of SES Governance

"Image of Infosys as Gold Standard of Corporate Governance was nothing but a halo created by Murthy and Company," says Gupta of SES Governance

Mon, Apr 03, 2017

Research and advisory firm Stakeholders Empowerment Services (SES) has questioned Infosys' founder and chairman N R Narayana Murthy's recent comments in his letter over corporate governance,remuneration and equal pay in the letter.

Narayana Murthy wins ‘Global Innovation’ award

Narayana Murthy wins ‘Global Innovation’ award

Wed, Mar 01, 2017

Co-founder of Infosys, N. R. Narayana Murthy, will be among those who receive the Thomas Jefferson Foundation medals and will be awarded the ‘Global Innovation’ medal on April 13, the non-profit organization announced its awardees on Wednesday.

Here are key things to know about Infosys share buyback plan

Here are key things to know about Infosys share buyback plan

Fri, Feb 24, 2017

Find out the key things about Infosys share buyback plan.

Infosys management did not make timely disclosures, says former CFO T V Mohandas Pai

Infosys management did not make timely disclosures, says former CFO T V Mohandas Pai

Tue, Feb 14, 2017

Infosys former CFO T V Mohandas Pai on Tuesday accused the company of not disclosing necessary details on Rajiv Bansal's exit with a high severance package of Rs 17.3 crore.

Disappointed with Infosys' explanation on issues: Balakrishnan

Disappointed with Infosys' explanation on issues: Balakrishnan

Tue, Feb 14, 2017

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.

Infosys for first time records negative growth in hiring; recruits about 6,000 people so far in FY17

Infosys for first time records negative growth in hiring; recruits about 6,000 people so far in FY17

Mon, Feb 13, 2017

A senior official of the Telangana Government on Monday said that Infosys for the first time has registered negative growth in its hiring for the fiscal year 2016-17 (FY17).

Infosys CEO Vishal Sikka attempts to quell tensions with company founders

Infosys CEO Vishal Sikka attempts to quell tensions with company founders

Mon, Feb 13, 2017

Infosys chief executive officer Vishal Sikka on Monday attempted to allay concerns over a corporate governance row between the software services firm and its founders stating that his relations with N R Narayana Murthy and co-founders were excellent.

Pai urges investors to question Infosys' cap allocation policy

Pai urges investors to question Infosys' cap allocation policy

Sun, Feb 12, 2017

"Capital allocation is very important. Institutional investors should raise those questions. They have a duty...Institutional investors should raise questions on governance because it concerns the company's reputation," Pai told PTI in an interview.

Sikka reaches out to Infosys' management team to assuage concerns

Sikka reaches out to Infosys' management team to assuage concerns

Sun, Feb 12, 2017

Sikka has reportedly advised senior management officials not to get distracted by the ongoing spat between the board and the founders, and instead focus on company's business and strategy.

LIC's stake in Infosys rises to 7.02%

LIC's stake in Infosys rises to 7.02%

Sat, Feb 11, 2017

The disclosure comes at a time when the company's founders and its board have clashed over the issues of corporate governance, CEO compensation and severance pay of former CFO.

Political development in US to impact Infosys business: Chairman R Seshasayee

Political development in US to impact Infosys business: Chairman R Seshasayee

Sun, Jun 19, 2016

Software services major Infosys today said it is carefully observing American presidential elections, saying the US is an important market for the company and any political and economic development will have a "significant" impact on its business.

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