Nandan Nilekani back at Infosys: Half the Infosys battle won, say analysts

Nandan Nilekani is seen as having strong understanding of Infosys

The Street has taken the appointment of Nandan Nilekani as Infosys’ new non-executive chairman positively. Talk of Nilekani re-joining Infosys was doing the rounds and reflected on the stock, which closed 2 per cent higher at Rs 912.50 on Friday on the BSE.

Nilekani’s appointment, experts said, was positive as it would help reduce uncertainties that had arisen due to the tussle between former board members and co-founder N R Narayana Murthy. Nilekani, also a co-founder and former CEO, is seen as having strong understanding of Infosys and deep insights into the global IT services industry.

G Chokkalingam, founder and