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Infosys says arbitrator rules in favour of ex-CFO's severance pay [Reuters]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: Reuters
Infosys says arbitrator rules in favour of ex-CFO's severance pay | Reuters 1 Min Read (Reuters) - Infosys Ltd said on Tuesday an arbitration tribunal has ruled in favour of former chief financial officer Rajiv Bansal’s disputed severance package. Infosys is required to pay Bansal the outstanding severance amount of 121.7 million rupees ($1.68 million) with interest, the company said here in a statement. Founders of the Indian IT services company, led by Narayana Murthy, had objected to the payout to Rajiv Bansal and the ensuing row culminated in the resignation of the then CEO Vishal Sikka. ($1 = 72.4050 Indian rupees) Reporting By Arnab Paul in Bengaluru; Editing by Darren Schuettler All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Infosys says arbitrator rules in favour of ex-CFO's severance pay (Reuters) - Infosys Ltd said on Tuesday an arbitration tribunal has ruled in favour of former c Show less Read more
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