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Mazumdar-Shaw denies differences at Infosys

Refutes claims of differences between board, founders and Sikka

Prahlad on Infosys board gets promoters to assert voice: Corp governance expert
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Ayan PramanikGireesh Babu Bengaluru/ Chennai
Infosys, the country’s second largest software exporter, has been transparent in its actions and there’s been no rift between the founders, the board of directors and its chief executive, Vishal Sikka.

“There is absolutely no (such) problem and yet the media seems to be giving the impression that there is a huge rift,” said Kiran Mazumdar-Shaw, board member, in a telephonic interview. 

“There have been issues in the past about the severance package given to former (finance head) Rajiv Bansal,” recalled Mazumdar-Shaw, also chairman of the country’s second largest biotechnology company, Biocon. “There were a lot of concerns about other