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Vishal Sikka Exit: Infosys Stock Plunges 9.6%

Image by Michael Krigsman CC License 2.0

India’s top IT company, Infosys has been in doldrums over the past few months. With the shocking departure of Vishal Sikka, who stepped down as Infosys MD and CEO, shares of Infosys crashed by 9.6 per cent, sending shockwaves across the spectrum. Vishal Sikka quit following alleged altercation over ethics, within the boardroom doors led by former chairman N R Narayana Murthy.
Over Rs 22,500 crore in investors, wealth in Infosys has washed always in one day.
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