Infosys founder Narayana Murthy says my actions only in interest of all investors: Report

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New Delhi | Published: August 29, 2017 10:20:19 PM

"Confident management team will rally behind Nandan Nilekani," Murthy said.

infosys, nr narayana murthy, narayana murthy, infosys after narayana murthy, nandan nilekani, vishal sikka“Contrary to the views of many, my action are only in the interest of all investors,” Narayana Murthy was quoted as saying. (Reuters)

Infosys co-founder NR Narayana Murthy on Tuesday said that his recent actions in regards with the company management have been taken in interest for all investors, Reuters reports quoting CNBC TV18. “Contrary to the views of many, my action are only in the interest of all investors,”  Narayana Murthy was quoted as saying. Infosys co-founder also exuded confidence that management will support Nandan Nilekani. “Confident management team will rally behind Nandan Nilekani,” Murthy said. He also said that recent developments have been like a “personal attack” on him. He said that corrective actions on corporate governance have already begun in the company with Nilekani as its co chair.

Earlier too, Murthy had clarified his position and slammed “some vested interests” who have made the public think that the tussle is “between Vishal & co-founders.” Murthy, in a letter publicised after Vishal Sikka’s resignation as CEO of Infosys, said that rumours are being spread about his letter to Infosys board dated July 8, ET Now had reported. The Infosys co-founder Murthy added that he has not commented on Sikka’s work as is being portrayed by the media.

“Governance standard must be brought to a reasonable level if not the pinnacle, don’t want money, a position for our children and power. Just don’t want board to drive this institution to death via serious governance deficits,” Murthy said in his letter. He added, “I believe that the fault lies with the current board.”

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