To an outsider, the exits could signal turmoil and, perhaps, even trouble. But, Infosys, on the contrary, seems to be back as stock markets' darling.
Recently, some software firms formed a separate body called the Indian Software Product Industry Round Table, or iSpirt.
Top business leaders to raise issues on investment, trade and the rupee
The son is not being groomed for a bigger role in the company as of now.
India's innately hierarchy-prone corporate culture produces its share of willing sycophants, says Kanika Datta.
Shibulal talks about the company's new focus areas under the chairmanship of N R Narayana Murthy, and their rationale.
Infosys Chief Executive Officer-designate Vishal Sikka might be new to Indian information-technology (IT) services business, but his past credentials were enough for the company's shareholders to offer him a warm welcome at an Extraordinary General Meeting (EGM) that was called to seek approval for his appointment, among other things.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
The Infosys co-founder, who was brought back to head the firm in June last year, also expressed unhappiness over the laggard performance in the last two years.
Infosys did not disclose the nature of the information sought by Securities and Exchange Board of India.
N R Narayana Murthy addressed Infosys staff on Thursday for the first time since taking charge of the beleaguered company as the executive chairman.
Murthy created today's situation by pushing into leadership positions people who should not have been there.
The one-time bellwether of the country's IT industry has slid to the third spot in terms of revenue, overtaken by a relative upstart, Cognizant Technologies (TCS is the largest).
The stranglehold of the founders over the Infosys management has strengthened after the recent changes.
A centralised, founder-led model that relies on organic growth is no longer workable.
The company's inflexibility on prices and margins and a tradition of rotating leadership roles amongst its founders have made it less nimble than rivals.
Information technology leader Ganesh Natarajan hailed N R Narayana Murthy's reappointment as executive chairman and additional director of Infosys on Saturday.
The National Association of Software and Services Companies (Nasscom) on Saturday welcomed re-appointment of N R Narayana Murthy as Infosys Executive Chairman, saying his insights into the company and the technology industry would be valuable.
For the first time since its inception over thirty years ago, these exits will lead the company to have a non-founder CEO.
Opposition Labour's Valerie Vaz also retained her Walsall South seat and Seema Malhotra won her south west London seat comfortably.
Their investments in start-ups exceed Rs 1,000 crore at present.
Speaking to engineering students at the annual convocation of the Indrprastha Institute of Information Technology, Delhi, Murthy pointed out that the much famed Indian software sector ends up importing every innovation from the West despite the fact that the country produces a large number of software professionals.
Fascinating stories of how 30 famous companies got their names.
Founders should have faith in themselves, their vision and their team, feels Infosys founder Narayana Murthy.
The development comes at a time when Infosys' shares are trading at a record high.
Voting came to an end for the Karnataka assembly elections on Wednesday at 6 pm with data showing a voter turnout of 65.69 per cent an hour ago.
Top decision-making body, executive council, will be dissolved on April 1.
Too many corporate leaders cherish the crown of indispensability.
After 2 years of criticism, the brokerage firm approves new direction but says quick turnaround unlikely.
The US legal action is likely to further strengthen public opinion, at a time of high unemployment, against information technology outsourcing -- which is seen to take away jobs from locals.
The overall trend to professionalise has always seen an upward trajectory, but at varying rates of adoption.
Infosys must focus on a few steps for quicker returns, says a Barclays report.
The Rs 600-crore (Rs 6-billion) fund wants to become a global-style limited-partnership investor. It was a venture capital fund formed after much thought and attention to detail, like almost all the moves.
The decision has been taken because Executive Chairman N R Narayana Murthy attempts to bring Infosys back to basics.
'The move is a succession plan where Sikka comes on the board as vice chairman.'
The Infosys stock on Friday touched a two-year high, after brokerage firm CLSA said the company had the potential to double investors' money through the next three years.
The 20-stock index is up about 20 per cent in the past year - it has done much better than the Nifty's 12.5 per cent.
Many chairmen & MDs continue to hold reins well into their 80s.
A brilliant academic record, a self-effacing demeanour and a willingness to work hard - plus the famous Murthy DNA, even if he spells his surname differently. But do these justify Rohan Murty's entry into Infosys?
Meet Sudha Murty and N R Narayana Murthy's daughter whose husband Rishi Sunak is the frontrunner to be Britain's next prime minister.
