Infosys chairman R. Seshasayee (left) and CEO Vishal Sikka in Mumbai on Monday. The Infosys founders, led by Narayana Murthy, had complained of corporate governance issues at the firm. Later that evening, at a press conference, Seshasayee and Sikka said Infosys’ board continues to “address issues all stakeholders, including ones that the founders have”. “But the most surprising thing is that looking at the commentary from the press conference, we do not know if that compromise has been reached.” The analyst requested anonymity. Infosys shares rose 1.6% to Rs983.50 at the close of trading on the BSE on a day the benchmark Sensex edged up 0.06% to 28,351.62 points.

Source: Mint February 13, 2017 17:29 UTC