There is no denying that Infosys must take a major part of the blame for the problem
As Bezos and Narayana Murthy end their joint venture, their prolific growth cannot be discounted
Murthy said Indian IT companies will continue to grow anywhere between 7 to 10 per cent with operating margins being between 15 and 20 per cent
Murthy also asserted that shareholders must also be provided access to full details of the investigation carried out after any whistleblower complaint
The death of two iconic actors in quick succession would have been a terrible tragedy at the best of times. But this is the worst of times
Amazon's entry in the food delivery business comes at a time when Zomato and Swiggy have started cutting back on discounts
Rishi Sunak, who went to Oxford and Stanford, became MP just five years ago
Sunak, the son-in-law of Infosys Co-founder Narayana Murthy, will join Home secretary Priti Patel on the top government bench as UK Chancellor of the Exchequer
Murthy, whose Catamaran Ventures is Amazon's partner in India, was speaking at the e-tailer's SMB event in presence of CEO Jeff Bezos
Infosys co-founders Nandan Nilekani, Krish Gopalakrishnan, S.D. Shibulal and K. Dinesh attended the reception along with their spouses
While Murthy was relentless in his criticism of the erstwhile company board and its CEO for not disclosing information to shareholders, his silence this time has been deafening
Murthy said patriotism implies working for the country, putting its interests ahead of one's personal interests
Sikka quit in 2017 after almost a year of public dispute with Murthy and other promoter shareholders
According to Murthy, independent directors and chairmen of companies cannot be a party to any selective disclosure to just any group of shareholders including the founders
Last year too, Murthy and other co-founders including Nilekani, S Gopalakrishanan, S D Shibulal and K Dinesh had stayed away for the first time from the AGM
Murthy, a trustee of the Infosys Foundation, made these comments at a panel discussion with Business Standard
Terming the trend of no hikes for juniors and freshers as "worrisome," Murthy rued that the senior level people have been taking handsome hikes
The Infosys co-founder was speaking at the SRM University in Tamil Nadu
Twitterati praised them, saying that they led by example
Says core question still why Infosys board approved unprecedented severance payment agreement for former CFO