Panaya was a bone of contention between founder Narayana Murthy and former CEO Vishal Sikka
2 min read11 Jan 2019Infosys needs to grow at least 2.4% in the September quarter (Q2) to report 6.2% full-year dollar revenue growth
3 min read16 Oct 2018Infosys says it will take legal advice for necessary actions to be undertaken in respect of Rajiv Bansal's severance pay
3 min read18 Sep 2018Infosys is finding it hard to sell Panaya even at ₹582 crore, about 59% less than the ₹1,398 crore it paid in February 2015
3 min read20 Jul 2018A subdued FY19 outlook and Infosys's decision to sell Panaya and Skava have irked investors, even as the Q4 results upset the calm that came with CEO Salil Parekh's appointment
2 min read14 Apr 2018That Infosys has decided to let go of acquisitions of Panaya and Skava is the clearest sign yet of the firm heralding in the era of new CEO Salil Parekh
3 min read14 Apr 2018The troubles with recent Infosys acquisitions, including those of Panaya, Noah Consulting and Skava, underscore the M&A challenges faced by the IT firm
4 min read18 Jan 2018The Vishal Sikka-board saga has a clear message for the new CEO: Salil Satish Parekh can have Infosys in any flavour he wants, just as long as the co-founders like it too
3 min read4 Dec 2017While Infosys board's stand on Panaya acquisition may raise some questions, it's not seen as triggering a Narayana Murthy versus Nandan Nilekani fight
4 min read26 Oct 2017Narayana Murthy says his questions on Infosys's decision to buy Panaya and the high severance package to Rajiv Bansal and David Kennedy remain unanswered
4 min read25 Oct 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared