Director General of the Indian technology company Infosys Vishal Sikka (Vishal Sikka) resigned because of a conflict with its founders.

Unexpected dismissal of Sikki provoked a 9.6 percent drop in Infosys quotes, which resulted in a market capitalization of $ 3.45 billion.

Several brokerage companies downgraded the Infosys stock rating. In particular, it was done by Nomura analysts and stated that uncertainty about the management of the company could prevent its long-term growth.

As a result of fears for the company's future, the board of directors approved a share buyback program worth 130 billion rupees (about $ 2 billion).

Infosys - one of the largest IT companies in India. She develops custom software for e-commerce and telecommunications enterprises.

Vishal Sikka leads Infosys in 2014. Then he became the first leader invited from outside: before that Sikka worked in the SAP executive team. Under Sikki's leadership, Infosys ceased to be just an IT outsourcer and focused on new directions such as cloud computing, automation and artificial intelligence.