Infosys struggles to sell distressed asset Panaya

“Now, due to a regime change at the firm, with both a new management and a new chairman, the firm is realising that it is not getting the value on what it has paid earlier and that it had overpaid earlier,” said Shriram Subramanian, founder of proxy firm InGovern Research.

https://www.livemint.com/Companies/5HFE2JoZJwvcFl7tgBRl1M/Infosys-struggles-to-sell-distressed-asset-Panaya.html