Infosys CEO Resigns After Criticism From Founders

Vishal Sikka resigned as CEO of Infosys following criticism from the company's founders, particularly regarding acquisitions and executive pay. The board supported Sikka, citing false allegations from co-founder Mr. Murthy. Infosys faces challenges in the US, including visa issues and a promise to hire 10,000 US workers, impacting margins. The company is also dealing with reduced software spending and automation pressures.

What were the main reasons for Vishal Sikka's resignation as CEO of Infosys?

Who is Praveen Rao and what role did he take on after Sikka's resignation?

How did the share price of Infosys react to the news of Sikka's resignation?

What criticisms did the founders of Infosys have regarding the company's direction under Sikka?

What impact did the controversy over visa programs have on Infosys and its leadership?