Infosys Coo Salary Hike

The eruption of a fresh row between some founders and the top management saw the stock take a beating with a fall of over 1 per cent in an overall bullish market.

The dispute between founders and board of India's second largest software services company Infosys Ltd over governance issues spilled into the public again as founder Narayana Murthy criticized a salary hike given to Chief Operating Officer Pravin Rao. Infosys responded by stating that Mr Rao's "compensation revision reflects the philosophy of alig...

Mohandas Pai, ex-director at Infosys backed company co-founder N R Narayana Murthy's view on pay hike to Chief Operating Officer U B Pravin Rao being "not proper."

The dispute between founders and board of India's second largest software services company Infosys over governance issues spilled into the public again as founder Narayana Murthy criticised a salary hike given to Chief Operating Officer Pravin Rao. Shares of Infosys fell as much as 1.3 per cent to Rs 1,006 on the Bombay Stock Exchange like other fr...

Infosys chief operating officer Pravin Rao, who was recruited by co-founder Narayana Murthy in 1985, will also be eligible for Rs 4 crore in performance-based stock compensation.

"The board approved the recommendations of the Nomination and Remuneration Committee for the revision of the remuneration payable to UB Pravin Rao," the IT major said in a BSE filing.

The eruption of a fresh row between some founders and the top management saw the stock take a beating with a fall of over 1 per cent in an overall bullish market.

The dispute between founders and board of India's second largest software services company Infosys Ltd over governance issues spilled into the public again as founder Narayana Murthy criticized a salary hike given to Chief Operating Officer Pravin Rao. Infosys responded by stating that Mr Rao's "compensation revision reflects the philosophy of alig...

Mohandas Pai, ex-director at Infosys backed company co-founder N R Narayana Murthy's view on pay hike to Chief Operating Officer U B Pravin Rao being "not proper."

The dispute between founders and board of India's second largest software services company Infosys over governance issues spilled into the public again as founder Narayana Murthy criticised a salary hike given to Chief Operating Officer Pravin Rao. Shares of Infosys fell as much as 1.3 per cent to Rs 1,006 on the Bombay Stock Exchange like other fr...

Infosys chief operating officer Pravin Rao, who was recruited by co-founder Narayana Murthy in 1985, will also be eligible for Rs 4 crore in performance-based stock compensation.

"The board approved the recommendations of the Nomination and Remuneration Committee for the revision of the remuneration payable to UB Pravin Rao," the IT major said in a BSE filing.