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    • Infosys shareholders approve new AoA, pay hike of COO Pravin Rao

      Infosys today said its shareholders have approved the proposal to adopt a new Articles of Association (AoA), bringing provisions for buyback of shares and appointment of independent directors. It added that they also approved a pay hike for COO Pravin Rao.

    • Read: Infosys board's point-by-point rebuttal to founders' charges

      On Monday, the company's board led by chairman R Seshasayee held a press conference to specifically answer the charges of corporate governance violations that it has been accused of.

    • Infosys defends ex-CFO severance pay; says wasn't 'hush money'

      "The concerns raised over CFO Rajiv Bansal's severance pay are valid.... But they said it was hush money, which was deeply disturbing," said Infosys Chairman R Seshasayee.

    • Infosys dips 1% as founders raise governance concerns with board

      Founders NR Narayana Murthy, Kris Gopalakrishnan, and Nandan Nilekani among others are learnt to have raised concerns over the governance of the company, sources told CNBC-TV18 on Tuesday.

    • Some investors unhappy over NRN kin's appointment to Infy board

      Prahlad, a relative of founder NR Narayana Murthy, was appointed as an independent director on the company board last week.

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