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Infosys to move centre of gravity back to Bengaluru; won't disclose reports

Murthy's expression of disappointment with the board over the clean chit to Sikka is unlikely to result in the disclosure of probe reports on the Panaya deal and the payout to ex-CFO Rajiv Bansal

In a snub to Murthy, Infosys gives Sikka thumbs up; cuts FY18 guidance
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Non-Executive Chairman, Infosys Nandan Nilekani addresses a press conference at Infosys campus in Bengaluru. BS photo by Saggere Radhakrishna

BS Web Team New Delhi
Infosys' second-quarter results saw former CEO Vishal Sikka's strategy getting a thumbs up and it will continue to drive the country's second-largest software services firm. Further, the company's board led by Nandan Nilekani gave a clean chit to Sikka over allegations of governance failure in the Panaya acquisition, with Infosys co-founder N R Narayana Murthy on Tuesday expressing his disappointment over the development. (Read more here

While Nilekani, who returned to Infosys in August, has reviewed Sikka's strategy of driving a software plus services model that would bring more non-linear revenue and has retained the former