Vishal Sikka

Vishal Sikka News

The only way to permanently save Infosys and its legacy is if its co-founders leave, sell their holdings, and move on
News & Analysis

The only way to permanently save Infosys and its legacy is if its co-founders leave, sell their holdings, and move on

The only way to permanently save the institution of Infosys and its legacy is if the co-founders come together under a common pact

Infosys plans to hire another law firm to strengthen investigation into whistleblowers' allegations: Report
Business

Infosys plans to hire another law firm to strengthen investigation into whistleblowers' allegations: Report

A whistleblower letter stating alleged financial misconduct and “unethical practice” against Infosys Chief Executive Officer Salil Parekh and chief financial officer Nilanjan Roy

Infosys chairman Nandan Nilekani says speculations of co-founders' role in whistleblower complaints appalling
Business

Infosys chairman Nandan Nilekani says speculations of co-founders' role in whistleblower complaints appalling

Infosys on Wednesday said speculations of co-founders and former employees being involved in the recent whistleblower allegations were "appalling" and seem to be aimed at tarnishing the image of some of "the most accomplished and respected individuals"

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.

TCS is a flying elephant, while Infosys has healed its wounds; Salil Parekh needs to show some magic
Business

TCS is a flying elephant, while Infosys has healed its wounds; Salil Parekh needs to show some magic

The numbers show TCS maintaining a clear lead in profit margins and hiring far more people than Infosys—two indicators that show it is bigger AND better.

Infosys takes Panaya, Skava sale deal off the table as it fails to find any potential buyer
Business

Infosys takes Panaya, Skava sale deal off the table as it fails to find any potential buyer

Infosys has dropped plans to sell Panaya and two other subsidiaries Skava and Kallidus after it failed to find any potential buyers

Infosys, TCS results should be viewed beyond street estimates; industry growth momentum is real and broad-based
Business

Infosys, TCS results should be viewed beyond street estimates; industry growth momentum is real and broad-based

TCS will automate and maintain digital platform on the cloud for an estimated 3,00,000 chartered accountants and 8,00,000 students in India alone.

Isha-Anand wedding: Hillary Clinton, global CEOs arrive in Udaipur for pre-marriage celebrations
Entertainment

Isha-Anand wedding: Hillary Clinton, global CEOs arrive in Udaipur for pre-marriage celebrations

Isha Ambani and Anand Piramal are set to get married in Mumbai on 12 December. Upwards of 1500 guests have started arriving in Udaipur for the same.

Nissan fires Carlos Ghosn: Why Japanese action could be a lesson for Indian corporates, government
Business

Nissan fires Carlos Ghosn: Why Japanese action could be a lesson for Indian corporates, government

It is not as if only private sector companies are guilty of spoiling their honchos and promoters. The public sector companies come handy for politicians to indulge their passions and desire for extravagance.

New-age savvy: Digital acceleration at Infosys, TCS shows India's software giants are finding their mojo again
Business

New-age savvy: Digital acceleration at Infosys, TCS shows India's software giants are finding their mojo again

A combination of growth in digital segments and a lower attrition would help Infosys retain its image as an admired institution.

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

Infosys to announce June-quarter results on 13 July; investors watch out for management's narrative on governance issues
Business

Infosys to announce June-quarter results on 13 July; investors watch out for management's narrative on governance issues

Investors will not only be keen on Infosys's scorecard for the June quarter and its take on the demand environment for tech services,

Vishal Sikka denies Teradata's IP theft charges, terms allegations as 'baseless and outrageous'
World

Vishal Sikka denies Teradata's IP theft charges, terms allegations as 'baseless and outrageous'

Cloud-based data and analytics firm Teradata has filed a complaint in a US court against German firm SAP alleging trade secret misappropriation, copyright infringement and antitrust violations and also named Vishal Sikka as being aware of the situation

Cloud firm Teradata files IP theft suit against SAP, alleges former CTO Vishal Sikka was in the know
Business

Cloud firm Teradata files IP theft suit against SAP, alleges former CTO Vishal Sikka was in the know

Sikka is considered to be the force behind SAP's analytics platform, HANA that had helped the company strengthen its position in the global market

Infosys whistleblower writes to SEBI, calls board 'huge disappoinment', says Nandan Nilekani has failed to uphold corporate governance
Business

Infosys whistleblower writes to SEBI, calls board 'huge disappoinment', says Nandan Nilekani has failed to uphold corporate governance

Infosys co-founder Nandan Nilekani was then brought in as Chairman, followed by appointment of Salil Parekh as CEO.

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

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 to sell Panaya: Narayana Murthy's stand is vindicated; not everything was clear about the 2015 deal
Business

Infosys to sell Panaya: Narayana Murthy's stand is vindicated; not everything was clear about the 2015 deal

The Panaya deal became controversial following two anonymous letters, in February 2017, that alleged wrongdoing in some of Infosys' acquisitions, including Panaya