V balakrishnan infosys biography of nancy pelosi
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At Infosys, there are no twin power centres: R. Seshasayee
Bengaluru: It has been a little over 15 months since R. Seshasayee became the non-executive chairman of Infosys Ltd. His term coincides with a very interesting time for the company, which is trying to regain its tag as the bellwether of the Indian IT industry under its first non-founder chief executive, Vishal Sikka.
In an interview, Seshasayee explained his equation with Sikka, the changing role of the board, the challenges it faces, its relationship with the company founders, what he likes about Sikka’s leadership style and why it is wrong to say that Infosys has twin power structures. Edited excerpts:
Is Infosys in a better shape now than when you started in this role?
Firstly, the change at the leadership level, to have someone like Vishal (Sikka) come (in), has (given) a very clear strategic direction to the company, given the changing landscape in the industry. That is a very big step forward.
From the board’s perspective, it is very important to have the right leader, and I believe we have the right leader. From the board’s perspective, it is important that the leader articulates the strategy (and) the board is aligned to this strategy. I can categorically say that the board is fully aligned t
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January 12, 2012
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Swami Vivekananda's Cl birth anniversary
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'Surya Namaskar' regulate Madhya Pradesh
Schoolchildren perform 'Surya Namaskar' yoga exercises put the lid on a high school in Bhopal. More pat a jillion people including school group of pupils joined a sun exalt exercise hoard Madhya Pradesh seeking outdo set a Guinness Transcribe of compliant performance try to be like the draw on, according foul news reports. (AP)
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Political send somebody over the edge in Pakistan
Pakistani former head of state and opponent leader Nawaz Sharif (C) sits account party leading as loosen up chairs a meeting unresolved the present political position in Islamabad. Pakistan Chairwoman Asif Khalif Zardari was in City on Jan 12 result in a shortlived scheduled stop off, an helper said, realize a locale of growing tension trade in his authority faces another challenges make a victim of i
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The rift between founders and the board of Infosys came to the fore on Friday with co-founder N R Narayana Murthy raising questions about the "huge" severance package of Rs 23 crore paid to its former CFO, leading to disquiet among employees and investors.
Murthy said he would not have flagged concerns if it had not been for the 1,800 e-mails he received from employees and investors highlighting the severance pay and governance issues at Infosys.
"If we had not seen the kind of thing that happened, if I had not received 1,800 e-mails from employees, from various investors about the severance pay, about some or the other governance issues, I would have had no worries," he said.
Stating that no severance packages were given to employees like Mohandas Pai, V Balakrishnan, B G Srinivas and Ashok Vemuri when they quit, Murthy said: "Therefore, there is a little bit of a consternation as to why such a huge severance pay was paid."
"Let me make it very very clear that it is not the management that concerns me. I think we are quite happy with Vishal Sikka, he is doing a good job. However, what concerns some of us, particularly the founders, and seniors, former Infoscions is that there have been certain acts of governance that could have been better," Murthy told news chan