Infosys chairman Nandan Nilekani on Tuesday declared that the company had found no evidence of wrongdoing in the Panaya acquisition in 2015. Nilekani reiterated Infosys’s previous stance on the investigation, effectively handing a clean chit to former CEO Vishal Sikka and the previous board, drawing an immediate riposte from co-founder N.R. Nilekani’s remarks raised further questions about the recent overhaul of the company’s board and top management. “The fact remains that none of these questions have been answered by the Infosys board with the transparency it deserves. “A bigger risk now is the message it sends to an external CEO candidate who may have been considering joining Infosys.

Source: Mint October 24, 2017 16:47 UTC