Varun Sood
Stories by Varun Sood
India: Infosys struggles to find buyer for distressed asset Panaya
If Infosys does not find a buyer quickly, there could be further write-downs over the next few quarters.
Infosys to let go of acquisitions Panaya, Skava made during Sikka’s tenure
Infosys bought the companies on Sikka’s watch. It spent $320 million on the two. Now, less than two years later, it has decided to sell them.
India: Infosys’ sour M&A deals pose challenge for new CEO Salil Parekh
The firm has shut down Noah Consulting, the company it bought for $70 million in 2015.
India: Wipro Ventures invests in app-testing firm Headspin
Headspin counts Google Ventures as one of its backers.
Chinese internet giant Tencent’s billion-dollar India bet
Its recent investments in Flipkart and Ola in India have put Tencent in direct competition with Alibaba.
Startups can do for India what IT did in late 90s: Wipro’s Rishad Premji
The start-up ecosystem can do for India what the IT services did for the country in the late 1990s.
India: Nandan Nilekani returns to Infosys as new chairman amid board shake-up
Nilekani served as Infosys’s CEO from 2002 to 2007.
India: Infosys CEO Vishal Sikka resigns, Pravin Rao interim chief
Infosys said Sikka would continue “to focus on strategic initiatives, key customer relationships and technology development” and report to the com
India: Azim Premji trusts may get at least $780m from Wipro share buyback
Wipro expects to buy back up to 343.75 million shares a Rs320 apiece.
Infosys sees another senior-level exit, in fresh blow to Vishal Sikka
A top executive at Infosys' products and platforms unit EdgeVerve has quit.
