Infosys Ltd’s (INFY.NS) new chairman said he would focus on finding a chief executive, reconstituting the board and future strategy, seeking to calm investors rattled by the recent shock exit of the firm’s CEO over a prolonged row with the
MUMBAI (Reuters) – The board of Indian IT services company Infosys Ltd appointed one of its founders and former CEO Nandan Nilekani as chairman on Thursday, seeking to end a feud between management and founders that prompted its CEO to
The Supreme Court ruled on Thursday that individual privacy is a fundamental right, a verdict that could derail the world’s largest biometric ID card programme now under way. A nine-member bench heard petitions denouncing the mandatory use of national identity
SEOUL (Reuters) – North Korean leader Kim Jong Un ordered the production of more solid-fuel rocket engines and rocket warhead tips, the North’s official media said on Wednesday in a report otherwise lacking threats against Washington after weeks of heightened
Mark Wahlberg soared to the top of the world’s highest paid actors on an annual Forbes magazine list that highlighted a huge disparity between male and female Hollywood stars. Wahlberg, 46, earned an estimated $ 68 million in 2017 thanks
MUMBAI (Reuters) – India has granted Pfizer Inc a patent for its powerful pneumonia vaccine Prevenar 13, in a blow to some health groups that said this would put the treatment out of reach of thousands in poorer nations. The
A California jury on Monday ordered Johnson & Johnson to pay $ 417 million to a woman who claimed she developed ovarian cancer after using the company’s talc-based products like Johnson’s Baby Powder for feminine hygiene. The Los Angeles Superior
Barclays Plc has installed devices that track how often bankers are at their desks. Managers were peppered with queries when investment bank staff in London discovered black boxes stuck to the underside of their desks in recent months, according to
NEW DELHI (Reuters) – The Indian government has threatened Philip Morris International Inc with “punitive action” over the tobacco giant’s alleged violation of the country’s anti-smoking laws, according to a letter sent to the company by the federal health ministry.
(Reuters) – Infosys Ltd, in a surprise announcement, said Vishal Sikka has resigned as CEO citing a stream of distractions and disruptions in recent months, pushing down shares of the second-largest Indian IT services firm almost 8 percent on Friday.