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Infosys backs CEO Sikka, downplays governance concerns

Differences come at a time when Tata conglomerate is mired in allegations of corporate governance

Vishal Sikka
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Vishal Sikka

Reuters
India's second-biggest software services exporter Infosys  firmly backed its chief executive on Thursday, downplaying corporate governance concerns and an alleged rift between the firm's founders and its board.

Three founders, N.R. Narayana Murthy, Kris Gopalakrishnan and Nandan Nilekani, wrote to the board in January expressing concerns about Chief Executive Vishal Sikka's pay rise and the severance package offered to two former officials, CNBC-TV18 reported on Tuesday.

Differences between Infosys founders and the board come at a time when India's Tata conglomerate is mired in allegations of corporate governance lapses by its former chairman, who has waged a legal battle against