New Delhi, Jan. 11 -- Remember Panaya? It was among Infosys Ltd's most ambitious buys that eventually became a bone of contention between founder Narayana Murthy and the then chief executive officer and managing director Vishal Sikka. Infosys then tried to exit the Israeli enterprise software management company after Vishal Sikka was forced out of the company. It has now shelved that exercise.

The company on Friday said it had declassified the provider of automation technology as well as other sell-off candidates as "held for sale". This includes Kallidus and Skava. It had bought e-commerce services provider Kallidus for $120 million. This gave it access to the holding group behind San Francisco-based Skava, a cloud-based platform provider...