Infosys loses â¹25,000 crore in value as Sikka resigns as CEO
After Vishal Sikka's abrupt resignation as CEO, Infosys shares plunged by 13% to a 52-week low on Friday, wiping out nearly â¹25,000 crore from its market capitalisation. The plunge in Infosys shares weighed on the overall markets and the Sensex fell nearly 400 points during the day. Notably, Sikka has cited "increasingly personal attacks" as the reason for his resignation.