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Narayana Murthy tells IT honchos to take less salary and avoid layoffs

Narayana Murthy tells IT honchos to take less salary and avoid layoffs

Seeking to allay fears of slowdown in the Indian IT industry affecting jobs of techies, software major Infosys co-founder N.R. Narayana Murthy on Thursday advised executives to take home less pay and avoid lay-offs at the middle and lower rungs.

N Chandrasekaran took home Rs 30 crore as TCS CEO in FY17

N Chandrasekaran took home Rs 30 crore as TCS CEO in FY17

Tata Sons chief N Chandrasekaran took home a pay package of Rs 30.15 crore in FY2017 during his tenure as the CEO and MD of TCS, India's largest IT services firm.

Severance pay: Infosys ex-CFO Rajiv Bansal turns to arbitration

Severance pay: Infosys ex-CFO Rajiv Bansal turns to arbitration

Rajiv Bansal, former CFO of Infosys, has dragged his former employer to arbitration to claim the remaining Rs 12 crore of his severance pay.

Need to reduce 'friction' in businesses in India: Narayana Murthy

Need to reduce 'friction' in businesses in India: Narayana Murthy

To transform India's economy, there is a need to reduce "friction" in businesses and create an "environment" wherein the government has more trust in its entrepreneurs, Infosys founder N R Narayana Murthy has said.

 

 No need to publicly comment on pay hike issues: Godrej

No need to publicly comment on pay hike issues: Godrej

Veteran industrialist Adi B Godrej has disapproved the move of Infosys co-founder N R Narayana Murthy to publicly express concern over the pay hike of the company's COO, as he justified a big gap between salaries at the entry and top levels.

Infosys justifies COO pay hike, says effective rise only 1.4%

Infosys justifies COO pay hike, says effective rise only 1.4%

Infosys on Monday vehemently defended the hike in its COO UB Pravin Rao's compensation, saying the revision was arrived at after benchmarking against peers.

Pay hike for top executive terrible, says ex-CFO Balakrishnan

Echoing co-founder N R Narayana Murthy's view, former Infosys CFO V Balakrishnan today said a pay hike for a top executive is "terrible for any leadership" when subordinates were being asked to "sacrifice" on wages.

Full text of Infosys founder Narayana Murthy's letter on COO Rao's pay hike

Full text of Infosys founder Narayana Murthy's letter on COO Rao's pay hike

Text of Narayan Murthy`s letter to the media about COO Pravin Rao`s compensation.

Fresh row at Infosys: Compensation hike to COO Pravin Rao not proper, says Narayana Murthy

Fresh row at Infosys: Compensation hike to COO Pravin Rao not proper, says Narayana Murthy

In a letter that was released to media, he also said that given the current poor governance standards at Infosys, the targets for variable pay may not be adhered to if the board wants to favor a top management person.

Compensation given to Vishal Sikka was not much : Infosys Chairman R Seshasayee

Infosys Chairman R Seshasayee. Watch the full segment for more details.

Infosys management did not make timely disclosures: Former CFO Mohandas Pai

Former CFO Mohandas Pai. Watch the full segment for more details.

Infosys Chairman Seshasayee reaches out to founders, tries to contain damage

Infosys Chairman Seshasayee reaches out to founders, tries to contain damage

Infosys Chairman R Seshasayee on Tuesday said he has reached out to the company's billionaire co- founders to see that the rift between them and the management over corporate governance issues does not spill into the open.

Infosys management did not make timely disclosures: Ex-CFO Pai

Infosys management did not make timely disclosures: Ex-CFO Pai

Even as Infosys management denies allegations on corporate governance deficit, its former chief financial officer T V Mohandas Pai on Tuesday accused it of not disclosing necessary details on Rajiv Bansal's exit with a high severance package of Rs 17.3 crore.

No more Rajiv Bansal-like situation, promises Infy chairman

No more Rajiv Bansal-like situation, promises Infy chairman

Infosys Chairman R Seshasayee on Monday sought to allay concerns over ex-CFO Rajiv Bansal's severance pay, but admitted that the "judgement" could have differed if circumstances were different or if certain processes had been in place.

Disappointed with Infy's explanation on issues: Balakrishnan

Infosys former CFO V Balakrishnan on Monday said he was disappointed that the company did not offer "concrete answers" on matters like CEO compensation and severance pay to former executives, and insisted that the board need to take the "first step" to address the concerns raised.

CFO severance package was Infy Board's wrong judgement: Chairman

CFO severance package was Infy Board's wrong judgement: Chairman

The astronomical severance pay given to Infosys` former Chief Financial Officer (CFO) Rajiv Bansal was a "judgement" error made by the company board due to a subjective element that guided the drawing up of severance packages, Infosys Chairman R. Seshasayee on Monday

Don't think there is any boardroom battle: Infosys Chairman

Don't think there is any boardroom battle: Infosys Chairman

Seeking to allay fears about a boardroom battle in the IT bellwether, Infosys Chairman R Seshasayee on Monday said there is no battle between the board members and promoters of the company.

Infosys CEO Sikka attempts to quell tensions with company founders

Infosys CEO Sikka attempts to quell tensions with company founders

Infosys Ltd Chief Executive Vishal Sikka attempted on Monday to allay concerns over a corporate governance row between the software services firm and its founders, saying his relations with N.R. Narayana Murthy and co-founders were excellent.

Analysis of the Infosys internal dispute and trade

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Infosys crisis: Have not withdrawn governance concerns, insists Narayana Murthy

Infosys crisis: Have not withdrawn governance concerns, insists Narayana Murthy

Infosys co-founder N R Narayana Murthy on Monday denied that he had withdrawn his concerns about governance lapses at the firm, saying the Board has to address these "properly" and "full transparency should be displayed and people responsible for it should become accountable".