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INDIAN (B)

Infosys loses arbitration, ordered to pay former CFO Rs 12.20 crore

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Former Infosys CFO Rajiv Bansal dragged the company to arbitration after he was paid Rs 5 crore upon leaving the company, whereas he stood to receive Rs 17.38 crore, the equivalent of 24 months’ pay. The arbitration had been going on for more than a year.



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