NEW DELHI — India Inc. suffered a new blow Friday when the CEO of one of the country’s leading technology outsourcing companies suddenly resigned, a surprise move he attributed to “a continuous drumbeat of distractions and negativity.” The departure of the executive, Vishal Sikka, from Infosys comes just months after a struggle at the top of the Tata Group, a powerful Indian conglomerate, focused attention on a variety of problems in the country’s corporate governance and culture. Both companies symbolized a shift in India’s business mind-set in recent decades, as they looked overseas to court clients and deals. Their success in recent years has come as India’s overall economy has seen faster growth.
NYS Entity Status
NYS Filing Date
AUGUST 14, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - NEO INFOSYS INC.
Around the Web
- Infosys chief quits after battle with founders
By Hari Kumar - Friday Aug 18, 2017
- Vishal Sikka Resigns as Infosys CEO
Friday Aug 18, 2017
Vishal Sikka has resigned as chief executive of Infosys, citing a resistance to change at the company that deteriorated into ugly accusations of impropriety.
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By Reuters - Friday Aug 18, 2017
SAN FRANCISCO – A digital rights group based in San Francisco on Thursday criticized several internet companies for removing neo-Nazi groups from servers and services, saying the actions were “dangerous” and threatened free expression online. GoDaddy Inc, Alphabet’s Google, security firm Cloudflare and other technology companies moved this week to block hate groups after weekend...
- Infosys Settles Visa Case With New York
Friday Jun 23, 2017
Indian outsourcing giant Infosys agreed to pay $1 million to settle claims that it placed foreign workers in jobs in New York without obtaining proper visas or paying high enough wages or taxes for their work, the state’s attorney general said.
- On Technology: How Hate Groups Forced Online Platforms to Reveal Their True Nature
By JOHN HERRMAN - Monday Aug 21, 2017
Internet companies annexed much of our public sphere, playacting as little democracies — a charade they gave up last week.