Infosys CFO Rajiv Bansal Steps Down, M.D. Ranganath To Take Over

Infosys CFO Rajiv Bansal stepped down today even as the company was announcing its quarterly results. He would be replaced by M.D. Ranganath.

Bansal joined Infosys as Manager, Finance in 1999 and became its CFO three years ago in October 2012. He is a chartered accountant and cost accountant by profession. He would resign from the company effective December 31, 2015 to provide a smooth transition.

Snapdeal Chief Product Officer Trolls Flipkart On Twitter

India’s great ecommerce wars are well and truly on, and the three main players – Flipkart, Amazon and Snapdeal – are battling it out for a share of the Indian comsumer’s attention this festival season. Flipkart’s much vaunted Big Billion Day sale around the corner, and all eyes are on the event after the fiasco last year when the sale had left thousands of customers angry and the company had to issue an apology for the site crashing during the event.