Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
January 20, Saturday 2018 6:48 AM       

       HEADLINES: Why we need these MPs to talk only in channels, asks K Surendran                                              Hartal in Kannur on Saturday                                              B Sandhya removed as ADGP, South                                              Was son killed over property dispute? Police unwilling to accept Jaya's statement                                              CBI will probe Sreejiv’s death, order passed                                              Fire breaks out in Mumbai's Navrang Studio                                              Solution to SC judges’ row likely on Monday                                              EC has never touched this low: AAP                                              Hafiz Saeed should be prosecuted: US                                              India should not comment on Chinese construction in Doklam: Beijing                                              Pak-Iran to resume rail services                                              Kulbhushan Jadhav abducted from Iran: Baloch activist                                              Brazil legend Pele collapses with exhaustion                                              ICC U-19 WC: India thrash Zimbabwe to top Group B                                              We will definitely try to get Ashwin back in CSK: Dhoni                                              AIFF U-16 team departs for exposure trip to Dubai                                              Kaumudi Facebook
       BUSINESS Next Article: IT Dept reports significant hike in prosecutions against tax evaders  
       Infosys President Rajesh Murthy steps down
 
         Posted on :18:16:36 Jan 12, 2018
   
A A
       Last edited on:18:16:36 Jan 12, 2018
         Tags: Infosys President Rajesh Murthy steps down
 

BENGALURU: IT major Infosys's President Rajesh Murthy, one of the company's most highly paid executives resigned from his post.

Murthy, who was President of the company since October 2016, has resigned citing personal reasons. The same was reiterated by Infosys COO UB Pravin Rao while addressing a press conference post the release of the company's third quarter results.

"Rajesh Murthy has stepped down from his post on account of personal reasons. He had indicated his desire a few months back, and was able to find something suiting his preferences at this point in time. I think we should not read more into it," he said.

An employee of the company for 26 years, Murthy was responsible for the global Energy, Utilities, Telecommunications and Services business unit, including setting the vision, creating and implementing strategy, and driving growth. He has held senior leadership positions across the business and in all major markets. As a business leader of large transformation projects, Rajesh has helped realise compelling value for clients through his deep industry knowledge, coupled with technology experience.

"The Board places on record its deep appreciation for his commitment to Infosys over the last 26 years and wishes him the very best for his future endeavours," the company said in a statement here today.

Meanwhile, reports suggest that Pravin Rao will be retained as Whole-time Director till 2022, while CEO Salil Parekh's term will be for five years.

Murthy's last day at Infosys will be January 31, 2018.

A A
       BUSINESS
Next Article: IT Dept reports significant hike in prosecutions against tax evaders
 
 
BUSINESS HEADLINES
Rise in demand for Yoga accessories from abroad: Expert  
Nine more cities added to Smart City Mission, total now 99  
Gold retailers hopeful of tax relief ahead of Budget  
GST Council discusses making return filing process simpler  
Banks fuel markets Bull Run; Sensex, Nifty hit new peaks  
Netanyahu meets biz leaders over power breakfast  
Budget 2018: Hardware dealers suggest simplification of filing GST returns  
SBI to raise Rs 20,000 cr for affordable housing, infra  
Rupee rebounds 16 paise to 63.88 a dollar  
Patanjali to partner with Flipkart, Amazon  
GST meeting on Jan 18, to discuss real-estate  
Patanjali won't enter into partnerships with global firms: Ramdev  
Sensex retreats from record, slips 72 pts  
RIL to invest Rs. 5K cr in West Bengal: Ambani  
Financial Institutions to ensure US TIN for pre-existing accounts is reported  
UIDAI allows face recognition for Aadhaar authentication  
What women expect from Union Budget 2018  
Aadhaar biometric lock, a lesser-known security feature  
Govt to invite fresh applications for RBI deputy guv post  
Govt mulls tax-free gratuity of up to Rs. 20 lakh: Report  
Inflation will dip in January, claims SBI  
Commerce Secretary urges policy framework to address export financing woes  
ED arrests former Andhra Bank director  
Infosys President Rajesh Murthy steps down  
IT Dept reports significant hike in prosecutions against tax evaders  
 
Do you think even today police resort to third degree torture to prove crime?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy