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In a surprise development, T V Mohandas Pai on Friday (April 15) resigned from Infosys and its Board of Directors, ending a 17-year association with the company, which inducted former Microsoft India Chairman Ravi Venkatesan into the Board. "T V Mohandas Pai has decided to relinquish the position of member of the board and has requested the board to relieve him of the responsibilities after the company’s annual general meeting on June 11, 2011," Infosys said in a filing to the Bombay Stock Exchange. The announcement comes on a day when Infosys reported a lower-than-expected consolidated net profit of Rs 1,818 crore for the fourth quarter ended March 2011, a nearly 14 per cent jump from the same period last year.
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Video Length: 0
Date Found: April 15, 2011
Date Produced: April 15, 2011
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 Times Now |
April 15, 2011
In a surprise development, T V Mohandas Pai on Friday (April 15) resigned from Infosys and its Board of Directors, ending a 17-year association with the company, which inducted former Microsoft India Chairman Ravi Venkatesan into the Board. "T V Mohandas Pai has decided to relinquish ...
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 Times Now |
March 23, 2011
After Enforcement Directorate (ED), under fire from the Supreme Court for its shoddy handling of black money cases, sent notice to the UBS on the $8-billion money laundering issue involving Hasan Ali Khan, the Swiss banking powerhouse on Wednesday (March 23) said it is fully cooperating with ...
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 Times Now |
February 27, 2011
Just hours before Finance Minister Pranab Mukherjee presents his 6th Budget, Telecom Minister Kapil Sibal said that the country needs a more economy. Finance Minister Pranab Mukherjee is likely to give tax concessions to the salaried class and offer incentives to farmers in his Budget 2011-12 ...
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 Times Now |
February 21, 2011
UK’s British Petroleum (BP) Plc will buy 30% stake in Reliance Industries Limited (RIL) 23 oil and gas blocks including the giant KG-D6 gas fields off the east coast for $7.2 billion. BP could further pay $1.8 billion on exploration success that results in development of commercial discoveries, ...
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 Times Now |
February 16, 2011
Reliance Infocomm head Anil Ambani today (Feb 16) appeared at the CBI headquarters and remained with the agency officials for nearly two hours in connection with the probe in the 2G scam. Ambani’s visit pertained to the agency seeking clarification on certain documents relating to Swan telecom.
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