Nr Narayana Murthy

Nr Narayana Murthy News

Infosys pays Rs 6 lakh in compounding fees to settle ex-CFO Rajiv Bansal's severance payment row
Business

Infosys pays Rs 6 lakh in compounding fees to settle ex-CFO Rajiv Bansal's severance payment row

Infosys had agreed to pay Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the company suspended payments after he got Rs 5 crore as co-founder NR Narayana Murthy and others objected to the package as excessive

Amazon to foray into food delivery business in India, likely to partner with Infosys co-founder Narayana Murthy
Business

Amazon to foray into food delivery business in India, likely to partner with Infosys co-founder Narayana Murthy

The report points out Amazon's food delivery open for its employees and started pilot testing its service in select parts of Bengaluru.

Amazon Smbhav celebrates Indian SMBs
SME

Amazon Smbhav celebrates Indian SMBs

Mr. Murthy advised SMBs to embrace discipline, hard work, good work ethics, and good values.

Infosys to probe whistleblower allegations 'to fullest extent', says chairman Nandan Nilekani; shares tank over 14%
Business

Infosys to probe whistleblower allegations 'to fullest extent', says chairman Nandan Nilekani; shares tank over 14%

Parekh and Roy have been accused of indulging in unethical practices, according to media reports, after the whistleblower's group, called Ethical Employees, reportedly sent a complaint to the US Securities and Exchange Commission and the Infosys board against him.

Bareilly Ki Barfi director Ashwiny Iyer Tiwari to helm film on author Sudha, Infosys co- founder Narayana Murthy
Entertainment

Bareilly Ki Barfi director Ashwiny Iyer Tiwari to helm film on author Sudha, Infosys co- founder Narayana Murthy

Ashwiny Iyer Tiwari's next release is sports drama Panga with Kangana Ranaut and Neena Gupta.

India's fiscal scene better for first time in 300 years, gives hope of poverty elimination, says Narayana Murthy
Business

India's fiscal scene better for first time in 300 years, gives hope of poverty elimination, says Narayana Murthy

Sounding optimistic of the country's bright future, Murthy said, "Portfolio investments from abroad and foreign direct investment into India are growing faster than ever

Infosys begins to invest afresh in Israel-based Panaya after failed sale bid, plans to hire people in the US
Business

Infosys begins to invest afresh in Israel-based Panaya after failed sale bid, plans to hire people in the US

Infosys, in the last three months, appointed a new CEO at Panaya and now looking to hire a slew of people in the US

Infosys ex-CFO Rajiv Bansal files caveat in civil court against IT firm over Rs 12.17 crore severance package
Business

Infosys ex-CFO Rajiv Bansal files caveat in civil court against IT firm over Rs 12.17 crore severance package

Rajiv Bansal filed caveat in civil court after an arbitral tribunal directed Infosys to pay him outstanding severance package amount of Rs 12.17 crore with interest

Infosys sees a sharp 44% slump in its investment in Panaya; finds it difficult to get buyers for troubled firm
Business

Infosys sees a sharp 44% slump in its investment in Panaya; finds it difficult to get buyers for troubled firm

Infosys posted a lower-than-expected 3.7 percent rise in net profit for Q1due to one-off charge related to fair value reduction of Panaya business

At annual meet, Nandan Nilekani says Infosys will deal with governance concerns after whistleblower's letter to SEBI
Business

At annual meet, Nandan Nilekani says Infosys will deal with governance concerns after whistleblower's letter to SEBI

Infosys would deal with concerns raised by shareholders with regard to a whistleblower's letter complaining about governance issues, Nandan Nilekani said.

Ravi Venkatesan steps down from Infosys Board; plans to pursue an ‘exciting new opportunity’
Business

Ravi Venkatesan steps down from Infosys Board; plans to pursue an ‘exciting new opportunity’

An independent director since 2011, Ravi Venkatesan also served briefly as Infosys' co-chairman before successfully transitioning this responsibility when Nandan Nilekani became chairman in August 2017

Infosys may deny severance pay to former CFO Rajiv Bansal over data deletion that 'caused financial loss'
Business

Infosys may deny severance pay to former CFO Rajiv Bansal over data deletion that 'caused financial loss'

Infosys believes former CFO Rajiv Bansal's actions will influence the final verdict in a dispute over his severance package.

Anonymous whistleblower wants SEBI to probe Infosys board over Panaya, Skava deals
Business

Anonymous whistleblower wants SEBI to probe Infosys board over Panaya, Skava deals

A day after Infosys decided to sell its subsidiaries Skava and Panaya, a whistleblower sent a letter to SEBI demanding a probe into these transactions

Infosys decides to offload Panaya, Kallidus and Skava; expects sale to be completed by March 2019
Business

Infosys decides to offload Panaya, Kallidus and Skava; expects sale to be completed by March 2019

Infosys said it has decided to sell its subsidiary Panaya - Israeli firm whose acquisition became a contentious issue between the founders and Vishal Sikka

Narayana Murthy says he couldn't understand logic behind demonetisation, but it appears rural India did
Business

Narayana Murthy says he couldn't understand logic behind demonetisation, but it appears rural India did

Infosys co-founder NR Narayana Murthy on Wednesday said he himself could not understand the logic behind the demonetisation

Top 100 Indian companies should allocate 10% of profits towards CSR, says Narayana Murthy
Business

Top 100 Indian companies should allocate 10% of profits towards CSR, says Narayana Murthy

Infosys co-founder NR Narayana Murthy has urged the top 100 Indian companies to allocate an additional 8 percent of their profits towards CSR apart from the 2 percent mandated under Section 135 of the Indian Companies Act

Infosys' new CEO Salil Parekh to get Rs 16.25 cr in salary, just a fourth of what Sikka earned
Business

Infosys' new CEO Salil Parekh to get Rs 16.25 cr in salary, just a fourth of what Sikka earned

The stock compensation will vest at different points over Salil Parekh's term

Infosys' new CEO Salil Parekh 'perfect' choice for leading co, say IT experts; Narayana Murthy extends 'best wishes'
Business

Infosys' new CEO Salil Parekh 'perfect' choice for leading co, say IT experts; Narayana Murthy extends 'best wishes'

Infosys, for the second time, has chosen an external candidate to lead its operations after former CEO Vishal Sikka quit abruptly in August