Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English

EXIT Poll Results

Detailed Exit Poll Results
News18 » Business
1-min read

Focus on Stability, Have no Discordant Voices at Infosys: Nandan Nilekani

Within hours of taking charge at the helm of Infosys, Nandan Nilekani got into damage control mode seeking to calm investors' nerves through an early morning conference call.

PTI

Updated:August 25, 2017, 11:13 AM IST
facebookTwitterskypewhatsapp
Focus on Stability, Have no Discordant Voices at Infosys: Nandan Nilekani
File photo of Nandan Nilekani. ( Getty Images)

New Delhi: Nandan Nilekani, who was named Infosys Non-executive Chairman last night, on Friday said he will focus on bringing in stability and ensuring there are no "discordant" voices at the country's second-largest IT firm.

Within hours of taking charge at the helm of Infosys, Nilekani got into damage control mode seeking to calm investors' nerves through an early morning conference call.

The company has been in a crisis over the last few months amid a stand-off between the founders and the management over allegations of corporate governance lapses.

On Friday night, the Infosys board was recast, with Chairman R Seshasayee stepping down along with two other independent directors. Co-chair Ravi Venkatesan has now moved to an independent director role.

Stating that it is too premature for him to comment on Infosys' strategy and earnings, the architect of Aadhaar said he is committed to ensuring the highest standards of corporate governance are adhered to at Infosys.

"I am an admirer of N R Narayana Murthy... will ensure Infosys, Murthy and other founders have a healthy relationship," he said.

He added that he will be able to offer more details of the strategy in October and is focussed on bringing "complete stability".

"I will ensure there are no discordant voices in the company and everyone is on the same page," he asserted. Nilekani said as the Non-executive Chairman, his role will be oversight, governance and functioning and to help with the CEO search that will look for internal and external candidates as well as Infosys "alumni".

He stressed that he will stay as long as necessary, but declined to put a timeline to his latest stint. Infosys is slated to host a press conference and another investor call later in the day.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Bijaya Das
Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 51.40 8.44
Reliance 1,416.35 1.42
Indiabulls Hsg 231.20 16.80
Zee Entertain 250.20 -5.39
Maruti Suzuki 7,302.30 2.50
Company Price Change %Gain
HDFC AMC 2,882.20 6.11
Yes Bank 51.40 8.44
Indiabulls Hsg 231.50 17.42
Reliance 1,415.30 1.37
IRCTC 779.20 7.57
Top Gainers
Company Price Change %Gain
Yes Bank 51.40 8.44
Coal India 205.95 3.28
Adani Ports 421.70 3.07
Grasim 746.50 3.03
Maruti Suzuki 7,302.30 2.50
Company Price Change %Gain
Yes Bank 51.40 8.44
Coal India 205.95 3.31
Maruti Suzuki 7,318.15 2.74
Power Grid Corp 202.55 2.45
NTPC 121.00 2.02
Top Losers
Company Price Change %Gain
Zee Entertain 250.20 -5.39
Tata Motors 136.85 -1.90
Eicher Motors 20,275.90 -1.05
Bajaj Auto 3,087.05 -0.79
Hindalco 187.40 -0.74
Company Price Change %Gain
Tata Motors 136.70 -1.05
Bajaj Auto 3,087.75 -0.73
Bharti Airtel 383.25 -0.65
ICICI Bank 437.75 -0.64
Axis Bank 709.20 -0.19

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results