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Showing posts with the label Manik Sarkar

Top stories on 18th August in a capsule

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Vishal Sikka resigns as CEO of Infosys; board members-Murthy indulge in blamegame   Infosys MD and CEO Vishal Sikka on Friday resigned from his post citing continuous “personal attacks” and "differences" with co-founder Narayan Murthy, the company statement read hours after the incident. Chief operating officer UB Pravin Rao has been appointed by the company’s board as the interim managing director. Meanhwile, the board backed Sikka and blamed founder CEO Narayana Murthy for the exit. Murthy through an email had criticised the Infosys board for not upholding the governance standards and was quoted as saying that three other board directors had termed Sikka as a less CEO material and more CTO material. Infosys co-chairman Ravi Venkatesan however differed with Murthy and said that Sikka is not only a “phenomenal technical guy” but also has blossomed into a “high-performing CEO”. The board on the other hand claimed that the email sent by Murthy has factual inaccuracies, ...

Top stories on 16th August in a capsule

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US declares Hizbul Mujahideen as a Foreign Terrorist Organisation  The Department of State, USA on Wednesday declared Pakistan based terror outfit, Hizbul Mujahideen as a Foreign Terrorist Organization and announced sanctions against it. The department released media report further declares all assets of the organization in the US be freezed and prohibited all the citizens to engage with the same. The Hizbul Mujahideen, also known as Hizb-ul-Mujahideen has been actively working in the Jammu and Kashmir area creating conflict with the Indian forces. Earlier this year, the US State Department had also declared Chief Syed Salahuddin as a ‘Specially Designated Global Terrorist”. _________________________ Rahul Gandhi launches ‘Indira Canteen’ in poll bound Karnataka Congress Vice President Rahul Gandhi on Wednesday launched a number of 101 Karnataka government subsidized food canteens named after his grandmother and 1st woman Prime Minister of India Mrs. Indira Gandhi wi...