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Nandan Nilekani might take up reins of Infosys

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In a dramatic turn of events, Infosys co-founder Nandan Nilekani might return as the head of the IT giant. The development came a few hours after Narayan Murthy postponed his conference call with Infosys investors citing health issues. Murthy, who was slated to hold the conference on Wednesday will do so on August 29. 

Most insiders believe bringing back Nilekani will be good for the company. Even top fund managers and domestic institutional investors wrote to the board of Infosys pitching for the return of the co-founder in a ‘suitable capacity.’