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Infosys stock slips after Murthy slams COO's pay hike

Infosys stock slips after Murthy slams COO's pay hike

Monday, April 3, 2017, 6:35 PM

New Delhi: Shares of Infosys fell over 1% today after a fresh row erupted between founder N R Narayana Murthy and the company's board over the pay hike to chief operating officer U B Pravin Rao. The stock settled at Rs.1009.45 on BSE, down 1.11% from the previous close. Intra-day, the stock had touched a low of Rs.1,006.55 and a high of Rs.1,030.50.
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