Tag: V Balakrishnan

Tata Sons subsidiary acquires controlling stake in Tejas Networks

Tejas Networks announced that it has executed definitive agreements with Panatone Finvest Limited (Panatone), a subsidiary of Tata Sons Private Limited (TATA), which will entail: a)  Preferential allotment of 1.94 crore equity shares at a price per equity share of INR 258 per share aggregating to INR 500 crore; b)  Preferential allotment of 3.68 crore warrants, each carrying a right…

V Balakrishnan resigns from Infosys as CFO

Infosys CFO, and veteran of over 20 years V Balakrishnan has resigned as the company’s CFO (Source: ET).  He had joined the company in 1991, and has been with the company in various roles over these years. He had been appointed as the CFO in 2006. As the CFO he has been responsible for Corporate…