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Time for truce? N R Narayana Murthy calls off battle with Infosys board

The truce comes after Infosys clarified that it has not engaged in any illegal transactions

Infosys founder N R Narayana Murthy
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Infosys Executive Chairman N R Narayana Murthy addresses a press conference at Infosys headquarters in Bengaluru on Thursday

Raghu Krishnan Bengaluru
Infosys founder N R Narayana Murthy has called off the battle with the software major's board, while reasserting that the company should ensure corporate governance norms are not diluted.

"Let me stop. I have made a point, paying such large sums of money is confusing. Now they have to sort it out," Murthy was quoted as saying by Bloomberg on its India website.

The truce comes after Infosys clarified that it has not engaged in any illegal transactions or paid "hush money" in the guise of severance pay made to former chief financial officer Rajiv Bansal. The company also made