October 25, 2017

Infosys may have just exposed Narayana Murthy's moral crusade as a petty squabble

By declaring today that there is no merit to allegations of wrongdoing in the Panaya acquisition and reaffirming previous findings of external investigations, Infosys  has put its founder-shareholder NR Naryana Murthy in the dock.

With Infosys ruling out wrongdoing in the Panaya deal, and refusing to make the investigation report public, there came an outpouring of support for the software major’s beleaguered ex-chief executive Vishal Sikka, and questions for founder NR Narayana Murthy.

On Tuesday, releasing its second quarter results, Infosys gave a clean chit to the Panaya deal, and conceded that Bansal’s severance could have been handled better.

Read more at http://www.moneycontrol.com/news/business/companies/post-infosys-results-praise-for-vishal-sikka-questions-for-murthy-2418873.html

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