Nilekani Invokes God In Spirited Defence of Infosys Management

Infosys Ltd chairman Nandan Nilekani on Wednesday defended the company’s co-founders and management over the recent whistleblowers’ allegations, assuring necessary steps will be taken if an investigation substantiates claims of misgovernance. Infosys, he said, was committed to the highest standards of corporate governance and has responded responsibly and complied with applicable laws and best practices.

Analysts said Nilekani’s comments will build trust and confidence among investors.

“We have to appreciate that Nandan has come out and spoken, something that was long pending. Also, when someone like Nandan has put his personal reputation on the line, it goes to suggest that Infosys is an organization that is very upfront about governance processes, which is larger than any individual,” said Sanchit Vir Gogia, chief analyst at Greyhound Research.

[Live Mint]

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Analyst:

Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Technology & Innovation Research & Advisory firm. To read more about him, click here.

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