Mr M D Ranganathan resigns from the role of CFO after a stint of 18 years (3 years as CFO; term ends on Nov 16, 2018) to pursue opportunities in new areas. The hunt for the new CFO has begun and Mr Jayesh Sanghrajka (Deputy CFO) can be a possible candidate for the replacement. But, given Infosys' recent preferences, we cannot rule out the possibility of an external candidate. While no specific reason has been mentioned for Mr Ranganathan's untimely exit, we see following 3 possible factors that could have triggered this event: (1) Mr Ranganathan's wanted to pursue CEO's role, which was ruled out at Infosys post the appointment of Mr...