The Board rued that its efforts to resolve the concerns of the founders - who together own about 12.75 per cent stake in Infosys - over the course of a year through a dialogue have not been successful.
Former World champion Viswanathan Anand suffered a disappointing final round loss against Sergey Karjakin of Russia to finish joint eighth in the St Louis Rapid Chess tournament in St Louis, on Thursday.
Serena Williams aims to defend her Australian Open title next year, the American saying the rapid return to action would only give her around three months to prepare after giving birth to her first child.
Garry Kasparov, arguably the greatest player ever, returns to competitive chess after 12 years.
A summary of sports events and sports persons, who made news on Tuesday
Five-time world champion Viswanathan Anand finished joint second after playing out a draw with Wesley So of United States in the Sinquefield Cup, which concluded in St Louis, USA.
A summary of sports events and sports persons, who made news on Sunday
A summary of sports events and sports persons, who made news on Tuesday
A summary of sports events and sports persons, who made news on Monday
'The surge of Saudi nationalism is the last thing Washington wants,' says Ambassador M K Bhadrakumar.
Top seed Roger Federer reached the Halle Open semi-finals on Friday, beating defending champion Florian Mayer 6-3, 6-4 and edging closer to a ninth title at the Wimbledon tune-up event.
If Modi wants to be a man of history, he must make hard choices that will pay off down the road, says T N Ninan.
'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'
Claude Arpi gives a fascinating firsthand account of the Dalai Lama's arrival in Tawang in March 1959 and explains why he will once again receive a grand welcome, whether Beijing likes it or not.
'In Angamaly Diaries, dreams, kinks, small corruptions, cheap lives, and hopes are all given their due and that attitude frees us up to believe that perhaps there is more good than bad in the sum total of us.' 'This is a coming-of-age tale taken straight out of a diary written in blood,' says Sreehari Nair.
'Unni swung up his MP5 and fired a burst across the atrium. The bullets hammered into the wall. Then he bounded up the stairs leading to the other set of doors opening into the Palm Lounge. It was a terribly risky move because he didn't have a buddy to cover him.'
India should plan its strategies on the assumption that the rightward swing will stay and the West will retreat into an economic fortress, says Nitin Desai.
Starting Tuesday, the four-day Aero India 2017 event will kick off which will feature several state-of-the-art aircraft. Here's a tiny preview of what's to come.
'An isolationist US and a disintegrating European Union will create a power vacuum that only China is in a position to fill -- a conclusion that is uncomfortable but unavoidable,' says Nitin Desai.
'I surprised myself also today'
India chess ace Vishwanathan Anand said his performance in 2016 was steady and will look to build on it in the present year. "This year (2016) my performance in tournaments has been basically very steady. I have recovered almost all the points from the start of the year and I was plus one in St Louis, in Moscow, in London. Ialso won couple of rapid events. I have something to build on because plus one should not be the extent of it, but at-least that is satisfactory compared to last year," he told reporters.
Kya Kool Hai Hum 3, Mirzya and Mohenjo Daro make the list.
Eighteen-year-old Aditi Ashok was the brightest star on the country's golfing circuit this year and was fittingly named the Ladies European Tour's Rookie of the Year for becoming the first Indian to win two back-to-back titles in her first year on the tour. Here is a look back at how India's golfers fared in 2016
Trump told Fox News that the claim as another "excuse" pushed by Democrats to explain his upset victory against Hillary.
Hillary Clinton and Donald Trump scrambled to make their final pitch to voters in the high-stakes United States presidential polls.
'Just six months ago, you would've been labelled mad for even suggesting the possibility of Djokovic relinquishing the top spot in men's tennis.'
Here's your weekly digest of the craziest stories from around the world.
Fourth seed Rafael Nadal showed he is healthy and ready to challenge for a third US Open title as he rolled into the last 16 at Flushing Meadows on Friday with a fist-pumping 6-1, 6-4, 6-2 win over Russian Andrey Kuznetsov.
Drysdale wins close single sculls gold Also, check out late gold medal winners from Day 7...
The documents obtained from the cyberattack on Democratic Congressional Campaign Committee was released by a hacker known as Guccifer 2.0.
For a discipline that has given Indian athletes only the Olympian's tag, the country's track and field participants will begin their campaign in the Rio Olympics on Thursday, with little hope to break the 116-year-old medal jinx.
These athletes made India proud four years ago.
Formula One qualifying will be halted under "double-yellow" conditions starting during this weekend's German Grand Prix in a tightening of rules aimed at avoiding a repeat of the controversy surrounding Nico Rosberg's pole in Hungary.
Young buyers willing to frequently replace older models with newer ones are boosting bookings and sales.
Nearly two decades ago, then defence minister George Fernandes said: 'China has built roads up to the border, while there has been negligence on India's part.' Since Fernandes uttered these brave words, what has been done on the Indian side? The Modi Sarkar is apparently trying, but little has been achieved so far, says Claude Arpi.
'Today the Chinese think they can slap India, and there will be no consequences.' 'They must be made to feel the consequences through any and all means,' says Rajeev Srinivasan.
An estimated 9 lakh devotees witnessed the world famous 'Ratha Yatra' of Lord Jagannath on Wednesday with religious fervour, enthusiasm and a spirit of camaraderie amid tight security.
Maruti, Hyundai & Mahindra together had 72.5% market share in year's first half.
Pune, the city that made it to second spot in the Smart City Challenge competition earlier this year, is not new to the concept.
Nico Rosberg will have Formula One history in his sights in Spain this weekend, even if Dutch teenager Max Verstappen seizes his share of the limelight. The championship leader has won seven races in a row, including the last three of 2015, and can join fellow-German Michael Schumacher (2004) and Britain's Nigel Mansell (1992) as the only drivers to start a season with five successive victories. The chances of that happening looked remote this time last year, when Mercedes team mate Lewis Hamilton had won three of the first four and was heading for a third title, but Rosberg is now 43 points clear of the Briton. As 18-year-old Verstappen would agree, after his rapid promotion from Toro Rosso in a swap with demoted Russian Daniil Kvyat, Formula One moves fast off the track as well as on it. "I'm just enjoying the moment and the form I'm in, doing my best to keep it going and hoping I can carry it through to the end of the season," said Rosberg, 11/10 at bookmakers' William Hill with Hamilton at 5/4.
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