Infosys founders plotting board coup to take control


Storm in a teacup: American workers allege IT firms like Infosys are abusing the H-1B visas to replace them with cheaper, foreign labour.

BANGALORE: A group of Infosys Ltd founders, led by N.R. Narayana Murthy, is marshalling support from investors to take back control of the Indian technology company by replacing several board members, according to people familiar with the matter.

The group aimed to install co-founder Nandan Nilekani as chairman and engineer the exit of chairman R. Seshasayee along with some other directors, said the people, asking not to be identified because the talks are private.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , infosys , board , investors

Next In Business News

Ringgit to trade in narrow range against US dollar in holiday-shortened week ahead
Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year
Philippine stocks set for recovery

Others Also Read