- Tuesday, April 30, 2024
By: Sarwar Alam
Infosys co-founder Nandan Nilekani will take over immediately as the company’s non-executive chairman, the Indian software giant said Thursday, a move to calm investor unrest and steady the share price. His return comes in the wake of chief executive Vishal Sikka’s surprise decision last Friday to quit amid tensions between the company’s board and its founders. The turmoil saw shares plunge as much as 15 per cent in the past week. Nilekani, one of the co-founders of the company, ran the business from 2002 to 2007 and remains highly respected in the technology world. He also led the implementation of…
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