In an unusual move, the board accepted Sikka's resignation, but named him executive vice chairman
Infosys is yet to zero in on potential candidates
Things can't be allowed to remain the way they are
Lessons from Infosys turmoil
The Board said Murthy has repeatedly made "inappropriate" demands, which are inconsistent with his stated desire for stronger governance.
Of the total American employees the company planned to hire, 2000 will be based out of Indiana
In the last few months has seen a number of senior-level executives resigning
The acquisition is expected to close during the July- September 2018 quarter
Firm to gain big via improvements on the execution front
However, the company is yet to see any impact of Brexit on tech spends
Traction in new services a big trigger; gains on operational front depend on keeping costs control
Infosys stock was up 1.81 per cent at Rs 994 at 09.20 hours on the Bombay Stock Exchange.
Infosys is planning to hire first 500 people of these 2,000 by the end of two years
In May, Infosys had announced its commitment to hire 10,000 locals for its US operations
Sundaram is currently vice-chairman and managing director of TVS Capital Funds
Firm asserts it maintains robust practices to ensure adherence with all applicable regulations and laws
The settlement was announced on Friday by Attorney General Eric T Scheiderman
The company is accused of failing to adequately compensate hundreds of workers
No evidence found that M&A team failed to obtain appropriate approval
Sikka has announced Infosys plan to hire 10,000 local engineers and professionals in the US