'Sad to see a good CEO like Sikka step down'

'The move is a succession plan where Sikka comes on the board as vice chairman.' Former Nasscom chairman BVR Mohan Reddy said on Friday that it was very "sad" to see a "good CEO" like Vishal Sikka......

Should Infosys go back to Nandan Nilekani?

Nilekani has kept pace with technology advances, has been instrumental in digitalising the country, and is well-networked with the bureaucracy and global leaders. With Infosys' first non-founder......

Wipro net profit grows marginally, co unveils bonus issue

The Bengaluru-based Wipro on Tuesday registered a marginal rise in net profit for the March quarter and offered a muted outlook, but sought to cheer investors by announcing a bonus issue and a......

Infosys shares tank 9%; mcap plunges Rs 23,459 cr

Infosys forecast a 10.8-12.3 per cent sales growth in the US dollar terms for 2016-17, down from the previous forecast of 11.8-13.8%. Infosys shares on Friday plunged nearly 9 per cent, wiping out......