Infosys Ltd. has returned to stability, almost a year after the appointment of a new chief executive ended a tumultuous period at the Indian software and services company.
Chairman Nandan Nilekani, speaking on the sidelines of Bloomberg’s New Economy Forum in Singapore, said that the turnaround is complete. “This is all very much from the past,” he said of the board turmoil that engulfed the company last year. “I’ve been chairman now over a year. We have an excellent CEO in Salil Parekh. Infosys is really on a very stable and forward-looking path.”
Investors seem to agree. The Bangalore-based company’s