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SKAVA PANAYA
Infosys wants team to hard sell Panaya, Skava Tech to clientsInfosys shareholders on Saturday sought better clarity from the company on Panaya’s future.- Infosys shareholders continue to question Panaya's futurePanaya acquisition was a major bone of contention for between Infosys founders and Sikka-led management.
- Infosys misses Street estimate on Q3 profit, but raises revenue guidanceInfosys posted 29.62 per cent year-on-year (YoY) drop in Q3 profit at Rs 3,610 crore.
- Infosys takes Panaya, Skava sale off the tableIn April, Infosys had announced its plan to sell Panaya.
- Infosys looks inside for use cases for Panaya to convince prospective buyersAs it struggles to sell the business, the firm is finding projects internally that Panaya could be leveraged to showcase the platform to po...
- 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.
- Infy hammered post Q4, but Street says new growth story emergingTop five foreign brokerages have an average target of Rs 1,290 post Q4 earnings.
- Infosys CEO Salil Parekh would look to unwind more of Vishal Sikka's investmentsThe company had acquired application automation programme Panaya and retail ecommerce product Skava for $200 million and $120 million each.
- 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...
- Infosys to grow at slower pace in FY19; Salil Parekh plans to step up digital playThe Bengaluru-headquartered company's profits grew 11.3% to Rs 16,029 crore.
- Infosys: Audit Committee to oversee acquisitionsIn August, Infosys founder NR Narayana Murthy had raised concerns over governance failures at the company and criticised Kudva for asking h...
- Infosys realigns roles of board committeesThe company said it has dissolved the Finance and Investment Committee which was so far looking into acquisitions and investments.
- Infosys posts 28% QoQ drop in Q4 profit at Rs 3,690 cr; gives guidance for 6-8% CC revenue growth for FY19The IT major had reported a net profit of Rs 5,129 crore in the December quarter.
- Salil Parekh charts return to basics for Infosys, sheds Vishal Sikka's legacyA public spat between the Infosys board led by chairman R Seshasayee and the founders led by N R Narayana Murthy, led Sikka to quit Infosys...
- Infosys Q4 results: 11 key takeaways you must knowThe IT firm posted a 28.2% drop in sequential net profit at Rs 3,690 crore for March quarter.
- Is Salil Parikh ready to bury Vishal Sikka's legacy at Infosys?After Sikka's controversial exit, it was not clear if the company wanted to continue on the path charted by him. Today the new CEO gave qui...
- 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' platform revenue crosses $500 millionThe platforms and products business includes new platforms such as digital experience platform Skava, automation platform Mana and Panaya, ...
- Infosys completes Skava acquisition for $120 millionSkava is Infosys' second-largest buy this year, after the company bought Israel-based automation solutions startup Panaya for $200 million.
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