Infosys president and board member B G Srinivas has resigned, the company said on Wednesday, the latest in a series of senior management exits at India's second-largest software services exporter.
During the year, he received a total compensation of $1.3 million (Rs 7.8 crore), including a salary of $844,453, bonus and incentives of $281,415 and other compensation of $154,143.
Infosys President B G Srinivas will join Hong Kong-based diversified group PCCW as Group Managing Director in July, after ending his 15-year old stint with India's second largest IT services firm.
CEO probable says the new role as president could not have come at a better time
A residential college on the outskirts of Bengaluru has been shut after 60 students tested positive for the COVID-19.
Experts believe the merits of Infosys' insiders lie in their youth.
Having lost some key personnel, the IT company is sticking to its formula of scouting internally
In yet another high profile exit at Infosys, India's second-largest information technology (IT) services company, Ashok Vemuri, head of operations (Americas) and global head (manufacturing and engineering services), has resigned.
Top decision-making body, executive council, will be dissolved on April 1.
The changes are effective from April 1, the NASDAQ-listed IT major said in a statement.
The film lacks execution and tires too hard to impress the audience.
Director M G Srinivas speaks about his debut film Topiwaala
Check out this 45-minute film on Kannada's witty playwright T P Kailasam.
The deceased has been identified as Manas Das, an active local committee member of CPI-M, East Midnapore district Superintendent of Police G Srinivas told reporters in Nandigram.
There's a churn in Infosys' highest paid senior executives' list for financial year 2007-08, with Nandan Nilekani, S Gopalakrishnan and S D Shibulal conspicuously missing from the top five.According to a filing by IT bellwether to the US Securities and Exchange Commission, B G Srinivas, Ashok Vemuri and T V Mohandas Pai were the highest paid executives in FY08.
A BUPC member alleged that a woman was attacked by CPI-M activists for her active role in the land acquisition resistance agitation.
East Midnapore district police Superintendent G Srinivas said the firing and hurling of bombs lasted for about an hour and stopped at around 12 noon.
The prime accused in the sensational murder of Chittor Mayor Katari Anuradha and her husband K Mohan, Chandrasekhar alias 'Chintoo' surrendered in court in Chittoor on Monday, nearly two weeks after the brutal killings.
The second-year BSc (Honours) in Mathematics student had returned from Delhi in March this year after those staying in the hostel were asked to go home by the college authorities in view of the COVID-19 pandemic.
India's second largest software services firm, Infosys on Thursday saw the exit of its global head of strategic sales, marketing and alliances Prasad Thrikutam.
A 19-year-old BCom second year student was beaten to death allegedly by his senior when the former objected to eve-teasing of a girl student at a private college in Hyderabad, police said.
Nilekani is an organised person and his strength is simplification of complex ideas, said Murthy.
Infy to cast wide net in CEO search, may go back to 'alumni'
Faced with a spate of senior-level exits, Infosys co-founder N R Narayana Murthy has written to employees to reassure them that the "leadership changes" will be in the "best interest" of the company.
Last week, its global head of strategic sales, marketing and alliances Prasad Thrikutam resigned from the job marking the 11th senior management executive exit from Infosys since Murthy's return.
Azharuddin, whose nomination was rejected two years ago, submitted his papers to former Chief Election Commissioner VS Sampath on Wednesday.
After high-profile exits in the past couple of months, Infosys, the country's second largest information technology services company, has undertaken a top-level management restructuring.
In another significant senior-level realignment at Infosys, V Balakrishnan, one of the two internal candidates being considered for the chief executive's post, has been given additional charge of the new utilities and resources vertical.
Balakrishnan, head of the BPO, Finacle and India business units at Infosys, is widely seen as a contender for CEO after the incumbent S D Shibulal's term ends in 2015.
Murthy talks about his role at the company, retirement plans and the direction in which Infosys is headed.
At a time when speculation was rife about its course after the organisational rejig last week, Infosys on Friday validated the changes, exuding strong faith in its leadership pipeline and gave a clear signal that the company was unperturbed by the slew of senior exits in the recent past.
"There was not a single decision that I took during my second tenure without discussing it with Ranga and getting valuable input from him," says Narayana Murthy.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
My interest is to work with young entrepreneurs to build businesses and see if I can add value to the boards of other global companies.
Infosys has tried to bring stability to the troubled company, which was struggling to maintain its growth momentum in the changing dynamics of technology industry.
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