Your editorial "Tale of two models" (August 30), criticises the move to bring back N R Narayana Murthy to revive Infosys and the argument is supported by a comparison with the actions of Microsoft and a comment by T V Mohandas Pai. I think the criticism is unjust and arguments weak. Microsoft isn't known for making great choices since the time it gained a monopoly on the PC business by taking advantage of the laws of the time and Mr Pai, couldn't be completely unbiased in his comments on Infosys' culture since he had quit when he was not picked to be the chief executive officer (CEO). How about comparing the move to bring back Murthy with Starbucks getting retired Founder and Chairman Howard Schultz back to the role of CEO in 2008? Starbucks was sinking when Schultz returned and now the business is flourishing. Procter & Gamble, more recently, did the same and got its retired CEO Alan Lafley back and the move was well appreciated by everyone. Why don't we just watch how the move works out and give Murthy a chance?
This refers to the editorial "Restoring credibility" (August 29). It rightly suggests that the time has come to revamp our Foreign Trade Policy. Our ...
Economic Survey rules out need for such reforms; analysts believe fiscal tightening, rural stress and political debacle might be restrictive
Shortlisting in a major defence order and opportunities in rail capex programme see the stock spurt 5% on Friday