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No right to live in India if you can't accept Vande Mataram: Pratap Sarangi        Impossible to provide proof of religious persecution under CAA: Assam Min Himanta Biswa        Real problem in country is unemployment, not population: Owaisi        Shabana Azmi injured in accident on Mumbai-Pune Expressway        Dhawan hit on rib-cage, won't take field during Australia innings: BCCI        Australian all-rounder Mitchell Marsh eyes return to national side        India, Iran should work to expedite Chabahar Port development, connectivity to Afghanistan: Zarif        Forex reserves rise by USD 58 mn to record high of USD 461.21 bn        Putin's, Xi's ruler-for-life moves pose challenges to West        Ukraine PM offers to resign after leaked recording        Top Iran leader: Trump is a 'clown' who will betray Iranians        Don't do politics over Nirbhaya case: Kejriwal to BJP        Will probe Digvijaya's phone-tapping claims: Maha minister        Owaisi hits out at Bipin Rawat on "de-radicalisation" comments        Owaisi hits out at Bipin Rawat on "de-radicalisation" comments        Nirbhaya case: Delhi court issues fresh death warrants against 4 convicts for Feb 1, 6 am        Mithali demoted to Grade B in BCCI central contracts        Ponkratov heads Chennai Open chess tournament field        India, US in advance-stage talks to resolve trade issues: Goyal        Gadkari urges states to come forward in the drive for curbing accidents        
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Business News
Blunt talk needed in country today, Murthy says, cites his spat with Sikka
 
Mumbai: Infosys co-founder Narayana Murthy said Saturday that looking at "what is happening in different parts of the country today", the youth need to state bluntly that this was not the country for which our forefathers got freedom.

Talking about his spat with Vishal Sikka, Infosys' first non-promoter chief executive who quit in 2017, he said he had to speak up when he saw core values of the IT giant being thrown into the "dustbin".

Speaking at a panel discussion at St Xavier's College here, Murthy referred to Sikka's confrontation with him and other promoters, without naming him, when asked about the concerns he had expressed about the way Infosys was being led after his retirement.

"There was not a single word in public that I have spoken about the business strategy or the actions of the executive," Murthy said.

"However, when the question of value systems we had built for over 33 years making huge sacrifices (came up), when you see those value systems being thrown to dustbin, then automatically the leaders in our society and country have to stand up and express their anguish and disappointment," he said.

"Otherwise we would have allowed those mistakes to continue. (In) 2014 CEO (Sikka) was given 55 per cent hike on (salary of) 7 million USD....COO (then Chief Operating Officer Pravin Rao) was given 30 per cent hike. No middle-level fellow was given any salary increase," he said.

"Security guards (were) told to work an extra day without increase in salary or overtime. I think that is a serious violation of values," he added.

"Therefore, if somebody like me who built the company from scratch with the help of six junior colleagues, if I don't stand up for the erosion of the value systems, then I would have failed in our duty singularly," Murthy added.

If the core values of Infosys such as "leadership by example, fairness, transparency, accountability" were "thrown to the dust, then you have to stand up and voice your anguish and disappointment", he stated.

Sikka quit in 2017 after almost a year of public dispute with Murthy and other promoter shareholders.

Murthy further made the point that Indians generally tend not to "displease" anybody even when it is needed.

"If you look at what is happening in different parts of the country today, it is time that we, especially the youth, stood up and say this is not the kind of the country our forefathers had got the freedom for.

"But how many of us are doing it? Nobody is doing it, sadly. That's the reason why this country is in this state that it is. Nobody wants to displease anybody by saying what is wrong," he added.


India, Iran should work to expedite Chabahar Port development, connectivity to Afghanistan: Zarif
Forex reserves rise by USD 58 mn to record high of USD 461.21 bn
India, US in advance-stage talks to resolve trade issues: Goyal
Gadkari urges states to come forward in the drive for curbing accidents
IndusInd Bank down 5.44 pc to Rs 1400.60
Rupee up by 7 paise against USD
CCI directs probe against Amazon, Flipkart
Panic stricken depositors mill around bank after RBI caps withdrawal limit
US removes currency manipulator label on China ahead of inking of trade deal
Flipkart opens two warehouses in Haryana, to create over 5,000 local jobs
Rupee cuts short 5-day gaining streak; edges down 1 paise to 70.87 against dollar
Rupee extends gains by 8 paise to 70.86 against US dollar
Centre to set up panel to examine issues on royalty rates for major minerals
Tata Motors global sales dip 3 pc dip to 97,348 units in Dec
Huawei exec can be extradited to US, Canada attorney general says
Sebi brings new system audit norms for exchanges, clearing corporations
Oil PSU unions oppose BPCL disinvestment
''Rumours'' of Air India''s shutdown baseless: CMD
Smartphone sales buck slowdown on strong urban, rural demand
Sensex jumps over 11 pts; Nifty above 12,250
KERALA NEWS
Kerala govt will continue fight against CAA: Minister
 Thiruvananthapuram: A day after it moved the Supreme Court against the controversial Citizenship Ame  
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Nigerian arrested for duping Keralite couple
Police book BJP workers for raising provocative slogans
INTERNATIONAL NEWS
Putin's, Xi's ruler-for-life moves pose challenges to West
 Moscow: Russia's Vladimir Putin and China's Xi Jinping have established themselves as the world's mo
Ukraine PM offers to resign after leaked recording
Top Iran leader: Trump is a 'clown' who will betray Iranians
Musharraf approaches Pak SC to suspend death sentence ruling by special court in high treason case
NATIONAL NEWS
No right to live in India if you can't accept Vande Mataram: Pratap Sarangi
 Surat (Gujarat) [India], Jan 19 (ANI): Accusing Congress of spreading misinformation about the Citiz
Impossible to provide proof of religious persecution under CAA: Assam Min Himanta Biswa
Real problem in country is unemployment, not population: Owaisi
Don't do politics over Nirbhaya case: Kejriwal to BJP
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