Sikka was eligible for a USD 11 million (about Rs 70 crore) pay including basic salary, variable pay, restricted stock units (RSUs) and performance stock options for the year.
Net profit came in 0.2 per cent higher than Rs 3,597 crore in the same period previous year, according to a BSE filing by Infosys.
The Securities and Exchange Board of India (SEBI), the country’s apex market regulator, will seek a response from Infosys on several issues raised by a whistleblower in the company in a recent letter, a media report said today.
In an effort to put reports of rift to rest, Infosys Chairman R Seshasayee has said that the management and shareholders have decided to keep their ‘differences’ within the company and not to publicly air them.
Infosys Chairman R. Seshasayee on Monday defended the compensation to CEO Vishal Sikka.
Amid reports of tension between Infosys founders and its senior executives, CEO Vishal Sikka today said that he has always shared a ‘heartfelt, warm relationship’ with co-founder Narayan Murthy who had recently raised concerns over certain decisions
Infosys CEO Vishal Sikka has talked to senior management team to assuage their concerns and advised them not to get distracted by the ongoing tussle.
Amid reports of tension between the bigwigs and company’s board over certain decisions, Infosys co-founder Narayan Murthy has said that the ‘issue was not with its present CEO but with the governance culture at the board’.
In a midst of reports indicating strains between Infosys founders and the company’s CEO, Vishal Sikka has advised employees not to get distracted by speculations that question the company's commitment to "governance, integrity and values".
Tensions between the founders, its former senior executives and incumbent bigwigs of the country’s second largest IT firm have reached a new level. According to a Times of India report, some founders have now expressed unhappiness with Chairman R Ses
Global software major Infosys Ltd on Friday reported a net profit of Rs 3,708 crore for the third quarter (October-December) of fiscal 2016-17, registering a 7 per cent year-on-year (YoY) growth.
Vishal Sikka, CEO of India's second largest software firm Infosys, has asked the firm’s 200,000-odd employees to brace for the technological and geo-political disruption moving irreversibly today and to let go of the lackadaisical attitude
The million-dollar salary club of India’s private sector grew stronger in numbers in 2015-16, with professionals outnumbering promoters for the first time in the list of those with the highest annual income.
With just two months before President-elect Donald Trump takes office at the White House, Indian software giant Infosys is bracing for pressure on its U.S. business due to the Republican winner's anti-immigration policy. Trump has
New Delhi: Ending months of speculation, India's central bank governor Raghuram Rajan on Saturday said he will step down when his term ends in early September. This decision caught many by surprise and also led
New Delhi: India has Asia's third richest billionaire, the world's costliest house and some of the most well paid executives. While the pay cheques of many employees part of an aspirational India are on the
Infosys, India’s second largest outsourcer, currently has 54 employees who earn annual salaries of at least Rs 1 crore, the company said in its annual report
Mumbai: In a clear endorsement to his performance over the last 18 months, India's second largest IT firm Infosys has extended the tenure of its CEO Vishal Sikka by 2 years till March 2021.The board
New Delhi: Microsoft chief Satya Nadella will co-chair the World Economic Forum's annual meet in January, an event that is likely to be attended by over 100 Indian business leaders.More than 2,500 leaders from across
Bengaluru: Infosys co-founder NR Narayana Murthy on Monday ruled out returning to the company as he did in June 2013, three years after retiring in August 2011."There is no need for anybody to get get
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