Ashok Vemuri, the newly-appointed president and chief executive officer of mid-size IT services company iGate would be paid an annual base salary of $1.3 million (around Rs 8.15 crore), close to twice what he was getting at Infosys. Vemuri, a former board member and Head of Americas, Manufacturing and Engineering Services business at Infosys joined iGate on Monday. According to Infosys’ annual report for 2012-2013, Vemuri’s annual base salary was $708,000 (Rs 3.86 crore based on the ... Rediff.com, 2 months ago
Ex-Infosys Americas head is new iGate CEO - Rediff.com, 2 months ago
Infosys board member V Balakrishnan has sold 100,000 shares in the company via open market transactions on Thursday (November 7) for Rs 33.05 crore, a regulatory filing to the Bombay Stock Exchange showed.The shares were held by Balakrishnan’s minor daughters Sneha and Shweta, according to the filing. Post the share sale, the minors do not hold any stake in the Bangalore-based IT major. According to the company’s balance sheet, Balakrishnan held 310,623 equity shares apart from ...Rediff.com, 4 weeks ago
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