Tag: Pravin Rao

IT major Infosys loses Vishal Sikka and Rs. 24,000 crore in stocks

Shares of Infosys on Friday slumped over 13 per cent, eroding Rs 24,839 crore from its market valuation, after Vishal Sikka, the first non-founder CEO of the company, resigned. The IT major’s scrip plummeted 13.39 per cent to Rs 884.40 — its 52-week low level — on BSE. At NSE, the stock crashed 13.38 per...

August 18, 2017