Shares of Infosys ended sharply lower by nearly 10 percent on Friday, wiping out Rs 22,519 crore from its market valuation, after Vishal Sikka, the first non- founder CEO of the company, called it quits. The stock slumped 9.60 percent to settle at Rs 923.10 on BSE. During the day, it dived 13.39 percent to Rs 884.40 – its 52-week low level. At NSE, shares of the company plummeted 9.56 […]

NR Narayana Murthy was on the top of his game for the larger part of his career. He steered Infosys, the software services company he founded in 1981, with six others, to make it the poster boy of the Indian information technology (IT) industry. For over three decades Infosys was under Murthy’s shadow, from 1993-2002 (since it got listed) as it’s CEO, later as its chairman, until stepped down from […]