Financial Wire

Empower India's CFO Resigns; Shares Up 6%

IT services company Empower India (BOM:504351) said its managing director and chief financial officer, Rajgopalan Iyengar, has resigned from the position, effective April 8, according to a Thursday filing to the Indian stock exchanges.The company's shares were up 6% in Friday's trade.Iyengar cited "medical reasons" for his departure.

-- IT services company Empower India (BOM:504351) said its managing director and chief financial officer, Rajgopalan Iyengar, has resigned from the position, effective April 8, according to a Thursday filing to the Indian stock exchanges.

The company's shares were up 6% in Friday's trade.

Iyengar cited "medical reasons" for his departure.