Infosys Loses Arbitration, Ordered to Pay Ex-CFO Rajiv Bansal Rs 12.17 Crore Plus Interest as Severance

Infosys had agreed to pay former CFO Rajiv Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the IT company suspended payments after he got Rs 5 crore as co-founder NR Narayana Murthy and others objected to the severance package as excessive.

from Top Business News- News18.com https://ift.tt/2QFqeat

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