Diabytes
Infy new CEO U B Pravin Rao News
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The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.
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The buyback decision comes a day after the company`s Chief Executive Officer (CEO) Vishal Sikka resigned and was appointed Executive Vice-Chairman till a new CEO takes charge by March 31, 2018.
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Infosys Chairman R Seshasayee rubbished the claims saying that probe had been conducted by world renowned firms.
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The board of the embattled company - which saw its CEO Vishal Sikka step down on Friday amid founders alleging corporate governance lapses - is scheduled to meet tomorrow to consider the buyback proposal.
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