Infosys shares jump 3% on buzz of Nandan Nilekani’s return

New Delhi: Infosys shares rose Thursday from almost 3% of the scholarships on reports that co-founder and former CEO Nandan Nilekani could return to the board of major IT.

The stock rose 2.71% to an intraday high of Rs918.80 on BSE. It had been opened at Rs907. In the National Stock Exchange (NSE), the dash jumped 2.85% raise the Rs918.25 day.

The increase comes a day after 12 fund managers, institutional investors representing in Infosys, Nilekani suggested to bring the computer on board to restore the trust of stakeholders and help solve the crisis management.

This is the second important field for Nilekani after an investment adviser, IIAs, said the co-founder, who had served as CEO between March 2002 and April 2007 and continued the UIDAI should be reduced to the advice of Infosys. executive.

The 12 fund managers, in a joint letter written sources agreed with the president of Infosys, among others, said Nilekani has the trust of various stakeholders, including customers, shareholders and employees.

“Given its powers, we believe that joining the board at this stage will restore the confidence of stakeholders in the company and will also help address the controversial issues facing Infosys.” We hope you will consider this and do whatever is necessary, “said the signatories of the letter.

The company’s stock fell 10% last Friday after Vishal Sikka’s shock as chief executive and 5% more on Monday despite a stock repurchase announcement on Saturday.

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