User: meerak Topic: oorvani-blr
Category: all-bengaluru :: bengaluru business
Last updated: Aug 20 2017 11:49 IST RSS 2.0
 
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Gen Next designers find inspiration in Johnnie Walker's striding man 19.8.2017 All News-IANS Stories
Three Gen Next designers Asa Kazingmei, Abhishek Paatni and Ajay Kumar presented a specially curated limited edition capsule collection inspired by Johnnie Walker's iconic striding man on the fourth day of the Lakme Fashion Week (LFW) Winter/Festive 2017 here on Saturday.
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The Infosys timeline: $250 gamble to $10 billion sweepstake 19.8.2017 Hindu: Industry
Here is timeline of events from the genesis of the Bangalore-based IT behemoth, to how Mr. Sikka's resignation has left behind an onerous situation for both directors as well as investors.
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PhD researchers at IIT, IISc to get Rs 70,000 as monthly scholarship 19.8.2017 All Current Affairs Stories
Presently researcher-students get Rs 25,000 as monthly scholarship at IITs
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Infosys's new problem: How to replace Sikka 19.8.2017 TOI: Home
The company's last CEO hunt in 2014 was a major challenge. Sikka, the eventual choice who was plucked from a top job at SAP, was the first chief appointed from outside the group of founders. His brief was to turn around a faltering business.
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After Vishal Sikka's dramatic exit, Infosys faces recruitment headache 19.8.2017 ET: IETS
Infy's last CEO hunt in 2014 was a major challenge. Sikka, who was plucked from a top job at SAP, was the first chief appointed from outside the group of founders.
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Three US law firms to investigate alleged 'securities fraud' in Infosys 19.8.2017 Deccan Herald - TOP STORIES RSS FEEDS
The global investor rights law firm, Rosen Law Firm, along with two other US law firms Bronstein, Gewirtz and Grossman and Pomerantz Law Firm will be investigating potential securities claims on behalf of shareholders of Infosys, following the exit of Vishal Sikka as CEO & MD of the company.Rosen Law Firm claimed that the investigation is “resulting from allegations that Infosys may have issued materially misleading business information to the investing public.”While Bronstein, Gewirtz and Grossman said that the investigation concerns whether “Infosys and certain of its officers and/or d
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After CEO's dramatic exit, Infosys faces recruitment headache 19.8.2017 TOI: Intl Business
INFOSYS-CEO/SUCCESSION (PIX):After CEO's dramatic exit, Infosys faces recruitment headache
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After Sikka's dramatic exit, Infosys faces recruitment headache 19.8.2017 TOI: Intl Business
INFOSYS-CEO-SUCCESSION:After Sikka's dramatic exit, Infosys faces recruitment headache
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A woven vow 19.8.2017 Hindu: Life & Style
Taneira by Titan promises to innovate upon the timeless love for handloom — but does it deliver?
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After Sikka's dramatic exit, Infosys faces recruitment headache 19.8.2017 Sify Finance
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Not taking a break after marriage: Priyamani 19.8.2017 Cinema-Showbiz
Southern film actress Priyamani, who is set to enter wedlock with Mustufa Raj on August 23, says she has no plans of taking a break from work and will return to face the arc lights two days after her marriage.
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Infosys announces Rs 13,000-cr share buyback 19.8.2017 HBL: Gaming
Infosys on Saturday announced a Rs 13,000-crore share buyback, a day after its CEO and MD, Vishal Sikka resigned following differences with the founders. The board, which approved the buyback, sai...
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Infy announces buyback worth Rs 13,000 cr at price of Rs 1,150 per share 19.8.2017 Deccan Herald - Breaking News Rss Feeds
The board of India’s second-largest IT company Infosys has approved buyback worth Rs 13,000 crore, at a premium of 19.08% and 18.70% over the weighted average market price on BSE and NSE respectively, on Saturday.The board on Saturday approved the buyback offer to purchase 11,30,43,478 equity shares (4.92% of the paid up equity capital) at the rate of Rs 1,150 per share.The buyback offers the premium of 19.08% and 18.70% over the weighted average market price over past three months on BSE and NSE respectively.“The buyback offer size is 20.51% of the total paid-up equity capital and free re
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Go-to man in time of crisis 19.8.2017 DNA: Recent Columns
Holding a degree in electrical engineering from Bangalore University, U B Pravin Rao joined Infosys in 1986 and is currently the chief operating officer (COO) of the company. He has been with Infosys for over 30 years and has held several leadership positions. As COO he has overall strategic and operational responsibility for the entire portfolio of the company’s offerings. He oversees the key functions of global sales, global delivery and business enabling functions. He drives and oversees the continuous renewal of key processes, systems and policies across the company in client relationship management, sales effectiveness, delivery excellence, quality, talent management and leadership development. Rao holds a degree in electrical engineering from Bangalore University. He is also chairperson of Infosys BPO and a member of the National Council of Confederation of Indian Industry (CII) and the Executive Council of Nasscom. U B Pravin Rao has been appointed interim chief executive officer and managing ...
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Will U B Pravin Rao continue to head Infosys after March? 19.8.2017 Business Standard: News Now
When Rao was named interim CEO after Vishal Sikka stepped down, the feeling was different
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Three young chess players who could be the next world beaters 19.8.2017 Business Standard: Today
Chess is a hyper-competitive sport with hundreds of strong, hungry players
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Pro Kabaddi viewership jumps 68% in season 5 19.8.2017 Business Standard: Today
This year, STAR India changed the portfolio of channels that telecast the tournament
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HC directs KSPCB to inspect industry 18.8.2017 Deccan Herald - News
The High Court of Karnataka on Friday directed the Karnataka State Pollution Control Board (KSPCB) to inspect and submit a report with regard to one of the factories which was alleged to have let out effluents affecting Bellandur lake.

KSPCB counsel informed the court that after it inspected the factory, Vivek Wash Tech located in Bommanahalli, they found that the factory was not letting out any effluent. The counsel said that they will make an inspection and pass orders to revoke the closure orders.

A division bench comprising Chief Justice S K Mukherjee and Justice P S Dinesh Kumar said that after the Supreme Court granted stay on high court's stay order of the National Green Tribunal order, they cannot do much.

The bench said that they will hear the petitioner and adjourned the next hearing after 10 days.

DH News Service
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Sikka resigns from Infosys 18.8.2017 Deccan Herald - News
Three years after he took charge at the $10 billion IT bellweather, Infosys, Vishal Sikka on Friday resigned as CEO & Managing Director. This puts an end to an acrimonious turf war between promoter shareholders and the board of directors. The situation had become untenable for him to continue in the organisation, Sikka said in his resignation letter. "Over the last many months and quarters, we have all been besieged by false, baseless, malicious, and increasingly personal attacks," Sikka said. "Allegations that have been repeatedly proven false and baseless by multiple, independent investigations. But despite this, the attacks continue, and worse still, amplified by the very people from whom we all expected the most steadfast support in this great transformation," he said. Talking to reporters from Infosys' Palo Alto office in California, Sikka said the current situation is taking a heavy toll on him and the organisation. "I just felt that it's an untenable situation and I do not want to do it any more. ...
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Pained over charges, says Murthy 18.8.2017 Deccan Herald - News
Infosys co-founder N R Narayana Murthy on Friday said he was extremely anguished by the charges, and tone and tenor of the statements made by the company's board. In a statement issued to the media post the resignation of Vishal Sikka as MD and CEO of Infosys, Murthy said, "I voluntarily left the Board in 2014 and am not seeking any money, position for children or power. My concern primarily was the deteriorating standard of corporate governance, which I have repeatedly brought to the notice of the Infosys Board." Murthy said in the statement that it was below his dignity to respond to such baseless insinuations. "However, several shareholders who have read the whistle-blower report have told me that it is hard to believe a report produced by a set of lawyers hired by a set of accused, giving a clean chit to the accused, and the accused refusing to disclose why they got a clean chit! They say that this is not the way an impartial and objective investigation should be held." DH News ...
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