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Latest News 18th August

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Vishal Sikka resigns as MD & CEO of Infosys; stock cracks

Vishal Sikka, former top hand at German multinational software corporation SAP, who had taken over the reins of Infosys BSE -7.06 % in June 2014, stepped down as Managing Director and CEO of the Indian IT bellwether on Friday.

The board of directors of the company accepted the resignation and said Sikka would continue as Executive Vice-chairman.

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