Tag Archives: board

Nandan Nilekani back as Infosys chairman, Vishal Sikka resigns from board

A little over 36 years after he co-founded Infosys Ltd with six others and exactly a decade after he stepped down as its chief executive officer, Nandan Nilekani has returned to the company after he was unanimously named by the board as its non-executive chairman in a widely anticipated move. The appointment, a significant victory for co-founder NR Narayana Murthy… Read More »

Infosys shares rise on reports co-founder Nilekani may return to board

Shares in Infosys rose for a third straight day on Thursday, following reports that former chief executive Nandan Nilekani could return to the board to help the software services exporter ride out its latest controversy. The board has been locked in a dispute for months with the company’s founders, led by former chairman Narayana Murthy, who have accused the directors… Read More »

BHP board set to select new chairman in June

BHP’s board is expected to select a new chairman at its June meeting to replace long-serving former Ford Motor Co boss Jac Nasser, according to two sources familiar with the matter. The world’s largest miner, under pressure from U.S.-based activist investor Elliott Management over its strategy, has been searching for a replacement since Nasser announced his impending retirement… Read More »

Nepal passenger plane crash kills all 23 on board

A small passenger plane has crashed in mountainous western Nepal, killing all 23 people on board. The Twin Otter aircraft, operated by Tara Air, was travelling from Pokhara to Jomsom and lost contact with the control tower shortly after taking off. Most of those on board were Nepalis. It is not clear what caused the crash. The plane… Read More »