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update of Infosys caseTRANSCRIPT
N.R.Narayana Murthy: He stepped down as executive chairman in June 2014 after placing Sikka as the new CEO. He declined the title of Chairman Emeritus as he wanted to evade any possible conflict of interest.Rohan Murty: Was Narayana Murthys executive assistant till June 2014 after which both of them quit. There is a talk of him opening a startup in Boston.Vishal Sikka: Sikka continued as a whole-time director of the Board, and Chief Executive Officer & Managing Director of Infosys.Infosys: Murthy's stepping down provided significant freedom to Vishal Sikka who could now rebuilt the organization according to his vision. Infosys performed better in FY15 than in FY14 as its PAT rose from Rs.10,656 crore to Rs.12,372 crore. While the revenue increases from Rs. 50,133 to Rs. 53,319. Its Profit/Revenue in percentage increased from 21.26% to 23.20%. In this FY Infosys has made consolidated net profits of Rs. 3030 crore and the share went up by almost 11%