Vishal Sikka resigned as chief executive of Infosys

Bengaluru, 18 August: Vishal Sikka resigned as chief executive of Infosys, the software giant announced Friday, amid growing acrimony between the company’s board and its founders. Sikka said the “increasingly personal” attacks had hit morale at the company, which has been trying to keep pace with rapid changes in the industry. “Over the last many months and quarters, we have all been besieged by false, baseless, malicious and increasingly personal attacks,” Sikka said in a statement. Shares in the company fell by more than seven percent after the surprise announcement.