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PANAYA ACQUISITION
Infosys shareholders continue to question Panaya's futurePanaya acquisition was a major bone of contention for between Infosys founders and Sikka-led management.- Panaya is back in business at Infosys with fresh pushWith Infosys failing to find a buyer, it’s looking to make Panaya fit into its automation strategy
- Infosys takes Panaya, Skava sale off the tableIn April, Infosys had announced its plan to sell Panaya.
- Panaya acquisition remains a bug in the Infosys codeParekh, who took charge in January, wants to consolidate gains in fiscal 2020 before accelerating in fiscal 2021.
- Infosys to increase scrutiny of acquisition targets“There is more due diligence for all acquisitions, going ahead,” said Infosys ceo Salil Parekh.
- Panaya: From gold to dust in three yearsInvestors and regulators might want to pick it up from where Murthy had left, as Panaya looks set to leave Infosys’ balance sheet forever.
- Sebi examines Infosys whistleblower letter on PanayaIn a letter, the person sought accountability of the board in this issue.
- Infosys whistleblower questions U-turn on PanayaNilekani, who found no wrong-doing in the Panaya acquisition, picked Salil Parekh, a former executive of Capgemini to head the company from...
- Former executive questions Infosys’ settlement plea with the SebiExperts believe that the settlement application which seeks to resolve lapses of overdue disclosures relating to the severance package will...
- Let's keep quiet: Narayana Murthy's early realisation could have saved Infosys much strife"Absolutely, all is well. Remember, in my speech with the investors, I said now that we have Nandan as the chairman, we can all sleep well,...
- Infosys may have just exposed Narayana Murthy's moral crusade as a petty squabbleTaking a moral high ground, Narayana Murthy had brought his battles with Seshasayee and Sikka out in the open, haranguing them in letters.
- NR Narayana Murthy’s fresh salvo: Make Panaya probe report publicMurthy wants the board to make the Panaya report public, to enhance transparency and accountability. Panaya is Infy's second biggest acquis...
- Executive Vice President Ritika Suri resigns from InfosysSuri, who earned over Rs 5.1 crore in gross salary in FY17, was in charge the company’s corporate development and merger & acquisitions.
- Infosys says audit committee to look into anonymous complaintInfosys has denied the allegations made in the anonymous letter and stated that no member of the Infosys management team was involved in pr...
- Infosys denies allegations made in anonymous letter, says no executive gained from Panaya dealThe whistleblower is reported to have mailed the letter to the Indian market regulator Securities Exchange of India (Sebi) in Mumbai.
- Infosys now faces anonymous plaint on governanceThe complainant, who claims to be an employee, said he or she is willing to reveal all information. "But, I want to be protected as a whist...
- Don't get distracted by speculation, focus on work: Vishal Sikka to Infosys employeesSikka said reports of the Panaya acquisition being overvalued were "speculations and fabrications", and an attempt to tarnish the reputatio...
- Infosys' $200 million Israeli software company Panaya is in the eye of the stormThe price paid by Infosys meant the company was valued six times its revenue, Bansal had told analysts in the earnings call when the deal w...
- Infosys buys automation technology startup Panaya, deal valued at Rs 1200 croreInfosys plans to bring Panaya's technology, currently centered around enterprise resource planning software management, to other service li...
- How Infosys' Vishal Sikka challenges IT practices with $200-mn Panaya dealSikka described the buy as freedom from 'the drudgery of repetitive tasks'. Strong words underscoring the challenges faced by India's outso...
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