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Infosys drops plan to sell 3 firms bought during Sikka's tenure
short by Krishna Veera Vanamali / on 12 Jan 2019,Saturday
IT major Infosys has dropped plans to sell Panaya, Skava and Kallidus that were acquired in 2015 during former CEO Vishal Sikka's tenure. The company expected the sale to be completed by March 2019. A whistleblower had claimed that the Panaya acquisition was overvalued and Infosys Co-Founder Narayana Murthy had accused Sikka of not being transparent in the deal.
short by Krishna Veera Vanamali / 10:46 pm on 12 Jan
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