Panaya deal clean, being victimised for improving Infosys: Vishal Sikka

To look into allegations that $200-million Panaya deal was significantly overvalued

Infosys will investigate a whistle-blower’s charges on the acquisition of Panaya, an Israeli company, even as the information technology major’s Chief Executive Officer (CEO) Vishal Sikka hit out at detractors for making “false and malicious” charges against him. He said they were designed to target him to “the point of harassment”.

In a strongly-worded email to employees, Sikka said reports questioning the company’s acquisition of Panaya were “orchestrated by people who are hell-bent on harming the reputation of the company and its employees”. 

He claimed there was “no wrongdoing” in the acquisition, and the company would defend the allegations.

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