Nandan Nilekani To Be Back At Infosys; Clarity In Next 48 Hours

Posted By:
Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    A news channel has reported that Nandan Nilekani was to return back to head Infosys, though clarity on his exact capacity would be known in the next 48 hours.

    Nandan Nilekani To Be Back At Infosys; Clarity In Next 48 Hours
    Nandan Nilekani headed the Bengaluru-based IT company between 2002 and 2007. During his tenure, the dollar revenues for the companies registered an CAGR of 42% while its average EBIT margin stood at 28%. At the same time, former CFO said he is not sure whether the board has had any concrete discussions with Nilekani.

     Also, on the query, if the company at this juncture, is turning out to be a takeover candidate by investment bankers or other institutions, the forerm CFO denied such a move and said the company is doing well and everything is a speculation on this.

    Shares of Infosys jumped almost 3 per cent, following these reports. Check Infosys stock price, here.

    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more