Rao, in his letter, appealed to employees to stay the course, focusing on execution and expanding the services that the company had built over the past few years.
Murthy's letter comes even as Sikka celebrates the completion of three years at the helm of India's second largest software exporter.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
Faced with a spate of senior-level exits, Infosys co-founder N R Narayana Murthy has written to employees to reassure them that the "leadership changes" will be in the "best interest" of the company.
Pai argued that at a time when the salary for entry level software engineers had not been raised in the IT industry in India for the past seven years, it was totally wrong to hike the compensation for top-level executives.
Ayan Pramanik reports on former Infosys CFO V Balakrishnan's fintech firm, which aims to make borrowing easy for small firms and individuals.
As a major contributor to exports, the IT industry has greater responsibility to perform better in view of the huge Current Account Deficit facing India, said N R Narayana Murthy, whose appointment as Infosys Executive Chairman was ratified by shareholders on Saturday.
More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
Revenue rose 23.4 per cent to Rs 1,655 crore
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Balakrishnan, head of the BPO, Finacle and India business units at Infosys, is widely seen as a contender for CEO after the incumbent S D Shibulal's term ends in 2015.
The culture clash isn't the only issue - most of the founders are still wary of risky bets while the new management thinks calculated aggression is necessary in the new world of business, says Shyamal Majumdar.
Stamp of approval on CEO's strategy and long-term goal for the company
I have no hesitation to say that the cultural milieu is different, said chairman R Seshasayee in a rare media interaction.
'The problem is not the performance under Vishal Sikka, but the quality of Infy's board of directors, argues Debashis Basu.
Infosys on Friday posted a 3.5 per cent rise in quarterly net profit, lagging analyst estimates.
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
The much-awaited Mahatma Gandhi's bronze statue at Britain's historic Parliament Square will be unveiled on March 14
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
The perception about JNU being 'radical' is one that is as old as JNU itself. But the university is more than just that. At its heart, its campus is a mosaic of ideologies that allow its students to breathe politically.
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