Infosys Board

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.

Feb 14, 2017, 18:02 PM IST

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.

Feb 13, 2017, 23:47 PM IST

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.

Feb 13, 2017, 23:09 PM IST

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

Feb 13, 2017, 19:28 PM IST

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.

Feb 13, 2017, 18:38 PM IST

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.

Feb 13, 2017, 17:11 PM IST

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Feb 13, 2017, 16:16 PM IST

Infosys crisis: Have not withdrawn governance concerns, insists Narayana Murthy

Infosys co-founder N R Narayana Murthy on Monday denied that he had withdrawn his concerns about governance lapses at the firm, saying the Board has to address these "properly" and "full transparency should be displayed and people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

Feb 13, 2017, 13:53 PM IST

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.

Feb 13, 2017, 11:27 AM IST

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.

Feb 12, 2017, 15:15 PM IST

Efforts on to ensure trouble at Infosys does not escalate: Report

Singapore-based fund manager, some other influential people including a prominent investor in the company Baburaj Pillai, are making continuous efforts to calm down the trouble in the company.

Feb 09, 2017, 09:47 AM IST

All is not well at Infosys? Founders raise governance concerns with board

The founders of Infosys Ltd , India`s second-biggest software services exporter, have informed the company`s board that they have certain corporate governance concerns.

Feb 08, 2017, 09:33 AM IST