Anant Raj Ltd is exploring a demerger of its data center business, with a dedicated committee set up to assess the proposal. The company has also appointed Anish Sarin as a Director. With reported strong financial growth and a strengthened balance sheet, the move could signal a sharper focus for investors on its data centre strategy.
Infosys has named board member Nitin Paranjpe as its non-executive vice chairman, according to an exchange filing dated April 30. The appointment is seen as a move to strengthen the company’s leadership structure as Infosys adjusts to evolving strategic priorities. Paranjpe’s role adds a new layer of board-level oversight at the IT services giant.
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A governance settlement mechanism meant to close serious lapses is now under scrutiny as proxy advisory firms raise concerns about Damodaran’s board appointment. Damodaran sharply criticizes the firms, questioning their relevance, the structure of their arguments, and their reliance on recommendations from a seven-year-old working group report.
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