Sikka may brief participating fund managers on issues that have prompted some of the company's co-founders, including N R Narayana Murthy, to publicly air their discontent against the board.
The chairman of the nomination and remuneration committee Jeffrey Lehman and board chairman R Seshasayee "must accept their mistakes and show contrition", Narayana Murthy has said
Cab aggregator Ola continues to see top management churn with its CFO Rajiv Bansal and chief marketing officer Raghuvesh Sarup putting in their papers. Both Bansal and Sarup were roped in about a year back by the SoftBank-backed firm.
According to the report, the number of crorepati employees has fallen to 54 in 2015-16 from 113 in FY15
Sikka said the endeavour is to make Infosys a services organisation that can truly partner with and amplify businesses
A sweeping overhaul of America's immigration laws moves to the Senate floor on Tuesday, the start of a marathon month of debate on the bill. The immigration bill seeks to raise the yearly cap on H1-B visas to 180,000 which is good, but there are several killer provisions in the bipartisan "Gang of Eight" immigration reform bill that could hobble Indian outsourcing firms' businesses in the US.
To a pointed question whether Balakrishnan is being tipped to be the CEO, Shibulal told CNBC-TV18 that is for the appointment committee to take a decision.