Showing posts with label Infosys. Show all posts
Showing posts with label Infosys. Show all posts

Friday, 14 November 2014

Missing Cebit, Missing Infosys



Penned by B D Narayankar

When I creep into
a venue for a grist
and feel your absence
my hope begins to breathe

No footfall;
Not even a whisper 
of your endearing presence,
and yet I feel 
you are here - somewhere

How should I tell
in my sinews 
you flow 
like the blood in my veins

If you could understand this
I can then
stitch together
the tatters of our dreams
lacerating from our eyes

Monday, 28 April 2014

Infosys Board member Ann Fudge says no to re-appointment


   
Bangalore, Apr 28 (PTI) Country's second largest software
services firm Infosys today said its independent director Ann
Fudge will not seek re-appointment to the Board after her term
expires in June this year.
     "Ann Fudge, Independent Director, who is scheduled to
complete her term on the Infosys Board on June 14, 2014, has
conveyed her intention not to seek re-appointment owing to her
busy schedule," Infosys said in a statement.
     Currently, Infosys Board has seven Independent Directors
and six Executive Directors.
     "Due to increasing time commitments on other Boards, I
have decided not to seek re-appointment on the Infosys Board.
With the addition of new Board Members and a solid succession
plan in place, I know the company is well-positioned for
success," Fudge said.
     She had joined the Infosys Board in 2011.
     Recently, the company had announced the appointment of
Carol M Browner, Distinguished Senior Fellow at the Center for
American Progress and Counselor to the Albright Stonebridge
Group, as an Additional Director on the company Board.
     Her appointment shall be effective on the date Ms Browner
receives her Director Identification Number from the Ministry
of Corporate Affairs, the company said.
     "I thank Ann for her seminal contribution to Infosys. The
Board will miss Ann's wisdom, insight and analysis. We wish
her all the best for the future," Infoys Executive Chairman NR
Narayana Murthy said.
     The Bangalore-based firm has witnessed a number of senior
level exits over the last two years with Senior Vice President
and General Counsel Nithyanandan Radhakrishnan being the
latest to resign earlier this month.
     Others in the list include Board members V Balakrishnan
and Ashok Vemuri, and executive council member Chandrashekar
Kakal.
     Fudge was the chaiperson and CEO of Young & Rubicam
Brands, a global network of pre-eminent companies across the
full range of marketing communications.
     Previously, she has also served as the President of the
Beverages, Desserts and Post Division - a US$ 5 billion unit
of Kraft Foods.
     She has also served on Boards of General Electric,
Novartis and Unilever. PTI KSU

Wednesday, 23 April 2014

Kiran Mazumdar Shaw apologises for tweet on Rohan Murty

Kiran Mazumdar Shaw apologises for tweet on Rohan Murty
Bangalore,  April 23 (PTI) After praising Rohan Murty's performance at Infosys' board meeting, the firm's newly appointed independent director and Biocon head Kiran Mazumdar Shaw yesterday apologised for the remarks.
While the exact role of Infosys co-founder and executive chairman NR Narayana Murthy's son at India's second largest IT firm remains in realm of speculations, Shaw had surprised the industry by taking to micro-blogging site Twitter to praise Rohan's presentation to the board.
Her post raised concerns within Infosys with some saying board proceedings should not have been taken to the social media. A director on the company board reportedly said he would take up the issue with the chairman.
Shaw used the Twitter again to apologise for her comments on Rohan, who is executive assistant to his father.
"I apologise for this inadvertent and improper tweet on Rohan Murty - I agree it was incorrect to do so," Shaw said in a Twitter post today.
Meanwhile, Infosys said in a statement that Shaw had "inadvertently voiced her opinion on an internal presentation in a public forum, and has apologized for her oversight since then."
On Tuesday, Shaw had said on the micro-blogging site: "At recent Infy Board Meeting, I was most impressed by Rohan Murty's brilliant tech loaded presentation which will enormously benefit Infy."
Her comments had come in for criticism.
"Shaw should not have commented on what had happened in the Board meeting. It is an accepted principal that what happens inside, remains inside," a person in know of the development said.
Another source said that it is a regular feature for various company officials to give presentations before the Board. The office of the executive chairman is the main office and it is required to apprise the Board of the developments.
Infosys said members of the Chairman's office make presentations to the Board and "this is not a new development."