After Tatas, Infosys crisis triggers upheaval in corporate India
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Peoples Which are introduced in this Article Vishal Sikka Narayana Murthy Cyrus Mistry Ratan Tata
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Resignation of Infosys Chief executive Vishal Sikka
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Upheaval in corporate India
Due to open Battle between
companys board and legendary promoter Narayana Murthy
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Tatas
Less than a year ago Tata sons removed
the first non family member to be appointed chairman from the top post of business house
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Infosys
Non promoter chief executive had to
resign due to persistent criticism from the promotores
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Support of Ratan Tata
In the case of Tatas, most members
of the company board supported Ratan Tata.
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Castigated Narayana Murthy and strongly in defence of Vishal Sikka
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Sikka is reported to have created a new division and a new revenue stream for Infosys which was expanding rapidly.
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Sikka left the company in a financial condition than when he joined it.
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Words with their meaning 1. Honcho-A leader or manager 2. Persistent-strong, strict 3. Promoters-a person or thing that permotes something 4. Castigated-criticism 5. Chagrined-feel distressed 6. Acquisition-earning, profit 7. Acrimonious-forceful,rude