Vishal Sikka Resigns: Infosys Board Didn’t Trigger His Exit to Cause Losses, US Investors’ Class Action Suit Will Fail
A few US institutional investors are planning to file a class action suit against the board of Directors of Infosys Technologies Ltd (Infosys) which is in the eye of a storm following resignation by its CEO cum MD Vishal Sikka. Infosys is listed both in India and in the USA. The US listing became necessary after Infosys raised capital through public issue made there in the form of American …