IT major Infosys on Tuesday showed the door to Abraham Mathews, CFO of its BPO subsidiary, for not complying with the code of conduct, while CEO Gautam Thakkar has resigned taking responsibility on moral grounds.
Infosys is an ethical company with solid processes that respects its customers and this is not going to affect their business, he added.
95 per cent of advertising inventory has been sold on television and 18 on-air sponsors have been signed up so far, the highest for any season.
With the appointment of Vishal Sikka as CEO and Managing Director of the company, IT major Infosys has elevated 12 leaders to the position of Executive Vice President with additional responsibilities.
Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.
ESOPs allow employees to own equity in the company, which is seen as a morale booster for them.
David, is set to join Hewlett Packard Enterprise as a senior VP for Enterprise Services Delivery.
Nandita Gurjar, Sanjay Purohit and Gautam Thakkar among "potential exit candidates".
The sixth seeded Indian from Uttarakhand, who had won a bronze medal in the last edition of the competition, notched up 21-19, 21-18 upset win over Vitidsarn in the summit clash that clocked 46 minutes.
A summary of sports events and persons who made news on Saturday
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