Infosys vs founders: Full text of Murthy's letter on COO Rao's pay hike

I recruited Pravin in 1985 and nurtured him throughout my stay at Infosys since then, says Murthy

Infosys founders, led by N R Narayana Murthy, on Sunday criticised the proposed salary hike of Chief Operating Officer (COO) Pravin Rao, deepening the rift between them and the board of the country’s second-largest software exporter on governance issues.

Here is the full text of Murthy's letter explaining his stand on COO Pravin Rao's pay hike
 

Dear Folks,

I have lots of affection for Pravin. Let me state you the facts. 

I recruited Pravin in 1985 and had nurtured him throughout my stay at Infosys since then. 

He had been sidelined. He was