1
Tuesday
July 2025
2:28 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
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.


AIBEA decides to go ahead with Nov 19 bank strike, discussions with IBA & Managements fail
Twitter very slow in India: Elon Musk
Amazon plans to lay off 10,000 people in coming days: NYT
Tripura to get tea auction centre
India indebted to former PM Manmohan Singh for economic reforms: Gadkari
Russia becomes India's top oil supplier in Oct
British PM Rishi Sunak committed to FTA with India, says Downing Street
India to press for collective efforts to deal with spillovers of actions by rich nations at G20: FM
Musk says Twitter verification being 'revamped'
Quality & Export define India and its Economy : Piyush Goyal
India Pak T20 match blockbuster creates new viewership record
Pakistan taken off from FATF's grey list; Myanmar in black list
Internet Freedom in India improves after 4 years of decline: Freedom House
India targeting Rs 35,000-crore exports of defence products by 2025: Rajnath
Rupee ends at 82.35 against USD
Sitharaman meets Japanese counterpart, discusses Indo-Pacific economic cooperation
Dhoni launches Droni, a Made-In-India camera drone
Ecosac launches biodegradable consumer products ‘Ecopath’
India, UK carrying out intensive discussions on FTA: MEA
World Bank slashes India's FY23 GDP growth forecast to 6.5 pc
KERALA NEWS
Top police official held in gang rape case
 Kozhikode: Police on Sunday arrested a Circle Inspector (station house officer) attached in Beypore  
Rain likely to occur many places in Kerala
Two killed as car plunged into well
Kerala CM greet Oommen Chandy on his 79th birthday
INTERNATIONAL NEWS
64 arrested in London on Charles III coronation day
 London: At least 64 people were arrested in UK's capital during the coronation of Charles III on May
Bangladesh police arrest six persons for selling fraud US visa stamps
Erdogan announces extension of grain deal by 120 days
Musk hints at new chief for Twitter
NATIONAL NEWS
Quo Vadis, Manipur?
 Imphal - Hardly any state in India has undergone in the last decade the chaos, lawlessness and suffe
27-year-old Hyderabad woman among victims of Texas mall shooting
One held in Swati Maliwal case: Delhi Police
PM to deliver opening address at 'No Money for Terror' event
Untitled Page
Rashtra Deepika LTD
Copyright @ 2021 , Rashtra Deepika Ltd.