BENGALURU: Infosys<\/a> has turned down a demand by company co-founder NR Narayana Murthy<\/a> that the report on its investigation into whistleblower complaints be made public. 班加罗尔:印孚瑟斯已经拒绝了需求,公司创始人之一吗NR Narayana没吃报告调查举报人的投诉被公开。
\n
\nMurthy, sources said, wrote a letter to the board three weeks ago asking for a full public disclosure of the report by US law firm Gibson Dunn and global risk consultancy and investigations firm Control Risks.
\n
\nTOI sent a mail asking Murthy about the purpose of his request to the board, but there was no response till the time of going to the print. It is not clear what Murthy expects from the full re port. Asked about Murthy's letter, Infosys said it “does not plan to make the report public“.
\n
The two firms were mandated to look into allegations of improprieties in connection with Infosys' acquisitions of Panaya<\/a> and Skava Systems in 2015 and that the merger s and acquisitions team acted without securing proper approvals. They were also asked to look into charges that CEO Vishal Sikka<\/a> requested that improper deals be made with customers, and that he received inappropriate compensation and incurred excessive expenses relating to travel, security and his Palo Alto office.
\n
\nInfosys had, on June 23, disclosed a summary by Gibson Dunn of the investigation they conducted. The law firm said unambiguously that it, and Control Risks, had not found any evidence to support any of the allegations.
\n
\nGibson Dunn also reviewed two previous investigations completed by Indian law firm Cyril Amarchand Mangaldas last year, related to the propriety of a severance payout made to former chief financial officer (CFO) Rajeev Bansal. It found that the two previous investigations were thorough, and that their findings and conclusions were reasonable and credible based on the evidence.
\n
Analysts were surprised that the issues between the co-founders and the board have come to the fore again.“Murthy's spat with Infosys' board is like a sequence from the movie Groundhog Day (a 1993 American comedy). Every time the issues appear to have been settled, they start afresh,“ Tom Reuner, SVP of intelligent automation and IT services at IT consulting firm HfS Research<\/a>, said.
\n
\nHe said Infosys urgently needs a phase of stability as the market undergoes the seismic shift toward notions of digital and automation. “If this is not enough, the macro environment remains challenging with the key US and UK markets being unpredictable. In such volatile times, Murthy has to make his mind up, either put up or shut up,“ he said.
\n
\nShriram Subramanian, MD of corporate governance research firm InGovern Research Services, said it would be a surprise if the summary is in complete contradiction with the investigation report. The company would disclose the report only if a regulator seeks such disclosure, he said.
\n
\nChip Wagner, president of global business advisory services & emerging services in research and advisory firm ISG, said anonymous complaints, and calls to board ombudsman are occurring with regularity in larger companies. “Typical governance and reactions follow the path that Infosys seems to be taking to examine the charge, investigate the allegation, and take appropriate actions by following where the facts take them.Transparency can be a great ally in quelling any market noise and in maintaining investor and client confidence,“ he said.
\n
\nSikka writes to employees<\/strong>
\n
\nMeanwhile, in a letter to Infosys employees on Wednesday on the occasion of his completion of three years at the company, Sikka had a line that appeared to be sending a message to the co-founders: “Recently , when I turned 50, another anniversary, a great teacher of my life gave me a rare book of reflections by Hermann Hesse.In it, I found this one gem: 'Some of us think holding on makes us strong, but sometimes it is letting go'.\"
\n\n<\/p><\/body>","next_sibling":[{"msid":59911018,"title":"Is your old smartphone getting slower by the day? Here's how you can fix it","entity_type":"ARTICLE","link":"\/news\/is-your-old-smartphone-getting-slower-by-the-day-heres-how-you-can-fix-it\/59911018","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":59912190,"entity_type":"ARTICLE","title":"Infosys rejects Narayan Murthy plea on probe report","synopsis":"Infosys has turned down a demand by company co-founder NR Narayana Murthy that the report on its investigation into whistleblower complaints be made public.","titleseo":"telecomnews\/infosys-rejects-narayan-murthy-plea-on-probe-report","status":"ACTIVE","authors":[{"author_name":"Shilpa Phadnis","author_link":"\/author\/479212770\/shilpa-phadnis","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212770.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":479212770,"author_name":"Shilpa Phadnis","author_seo_name":"Shilpa-Phadnis","designation":"Principal Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2017-08-04 12:21:27","lastupd":"2017-08-04 12:23:27","breadcrumbTags":["NR Narayana Murthy","Infosys","Enterprise IT","Sikka","HfS Research","Panaya"],"secinfo":{"seolocation":"telecomnews\/infosys-rejects-narayan-murthy-plea-on-probe-report"}}" data-authors="[" shilpa phadnis"]" data-category-name="" data-category_id="" data-date="2017-08-04" data-index="article_1">
没吃,消息来源说,三个星期前写了一封信给董事会要求全面公开披露的报告美国律师事务所Gibson Dunn和全球风险咨询和调查公司控制风险。
钢铁洪流发送邮件询问没吃他的要求向董事会的目的,但是没有响应,直到时间去打印。目前尚不清楚什么没吃预计从完整的港口。问到没吃的信,印孚瑟斯表示,“不打算公开报告”。
这两家公司被授权调查不当行为的指控与印孚瑟斯的收购Panaya和Skava系统2015年,合并和收购团队的行为并没有获得适当的审批。他们还要求调查指控CEO经营范围Sikka要求不当交易与客户,,他收到了不适当的补偿和身上花费过多有关旅行、安全性和帕洛阿尔托的办公室。
印孚瑟斯,6月23日披露总结他们的Gibson Dunn的调查。律师事务所明确表示和控制风险,并没有发现任何证据支持的指控。
Gibson Dunn还回顾了前两次调查完成的印度律师事务所律师事务所Amarchand Mangaldas西里尔,去年与适当的遣散费支付给前首席财务官(CFO) Rajeev邦萨尔。它发现,前两个调查深入,他们的发现和结论合理和可靠的基于证据的。
分析师感到惊讶,创始人和董事会之间的问题再次脱颖而出。“没吃的争吵与印孚瑟斯的董事会就像一个序列来自电影《土拨鼠日(1993年美国喜剧)。每次的问题似乎已经解决了,他们重新开始,”汤姆重新聚会,高级智能自动化和IT服务的咨询公司HfS中研究说。
他说印孚瑟斯迫切需要一个阶段的稳定性随着市场经历地震转向数字化和自动化的概念。“如果这是不够的,关键的宏观环境仍然是具有挑战性的美国和英国市场是不可预测的。在如此动荡的时期,没吃他做出了决定,要么采取行动,要么闭嘴,”他说。
Shriram萨勃拉曼尼亚,MD公司治理研究公司InGovern研究服务,说这将是一个惊喜,如果总结是完全矛盾的调查报告。公司将披露报告只有一个监管机构寻求这样的披露,他说。
芯片瓦格纳,总统的全球商业咨询服务和新兴服务研究和咨询公司研究小组,说匿名投诉,要求董事会特派员与规律发生在较大的公司。遵循“典型治理和反应路径,印孚瑟斯似乎接受了检查,对该指控进行调查,并采取适当的行动遵循的事实。透明度可以成为一个伟大的盟友在平息任何市场噪音和维护投资者和客户的信心,”他说。
Sikka写入员工
与此同时,在周三给印孚瑟斯的员工在完成他的三年在公司,Sikka一行,似乎是传递一个消息给创始人:“最近,我50岁的时候,另一个纪念日,我生命的一个伟大的老师给了我一个罕见的书赫尔曼。黑塞的倒影。,我发现这个宝石:“有些人认为坚持让我们强大,但有时候是放手的。”
BENGALURU: Infosys<\/a> has turned down a demand by company co-founder NR Narayana Murthy<\/a> that the report on its investigation into whistleblower complaints be made public.
\n
\nMurthy, sources said, wrote a letter to the board three weeks ago asking for a full public disclosure of the report by US law firm Gibson Dunn and global risk consultancy and investigations firm Control Risks.
\n
\nTOI sent a mail asking Murthy about the purpose of his request to the board, but there was no response till the time of going to the print. It is not clear what Murthy expects from the full re port. Asked about Murthy's letter, Infosys said it “does not plan to make the report public“.
\n
The two firms were mandated to look into allegations of improprieties in connection with Infosys' acquisitions of Panaya<\/a> and Skava Systems in 2015 and that the merger s and acquisitions team acted without securing proper approvals. They were also asked to look into charges that CEO Vishal Sikka<\/a> requested that improper deals be made with customers, and that he received inappropriate compensation and incurred excessive expenses relating to travel, security and his Palo Alto office.
\n
\nInfosys had, on June 23, disclosed a summary by Gibson Dunn of the investigation they conducted. The law firm said unambiguously that it, and Control Risks, had not found any evidence to support any of the allegations.
\n
\nGibson Dunn also reviewed two previous investigations completed by Indian law firm Cyril Amarchand Mangaldas last year, related to the propriety of a severance payout made to former chief financial officer (CFO) Rajeev Bansal. It found that the two previous investigations were thorough, and that their findings and conclusions were reasonable and credible based on the evidence.
\n
Analysts were surprised that the issues between the co-founders and the board have come to the fore again.“Murthy's spat with Infosys' board is like a sequence from the movie Groundhog Day (a 1993 American comedy). Every time the issues appear to have been settled, they start afresh,“ Tom Reuner, SVP of intelligent automation and IT services at IT consulting firm HfS Research<\/a>, said.
\n
\nHe said Infosys urgently needs a phase of stability as the market undergoes the seismic shift toward notions of digital and automation. “If this is not enough, the macro environment remains challenging with the key US and UK markets being unpredictable. In such volatile times, Murthy has to make his mind up, either put up or shut up,“ he said.
\n
\nShriram Subramanian, MD of corporate governance research firm InGovern Research Services, said it would be a surprise if the summary is in complete contradiction with the investigation report. The company would disclose the report only if a regulator seeks such disclosure, he said.
\n
\nChip Wagner, president of global business advisory services & emerging services in research and advisory firm ISG, said anonymous complaints, and calls to board ombudsman are occurring with regularity in larger companies. “Typical governance and reactions follow the path that Infosys seems to be taking to examine the charge, investigate the allegation, and take appropriate actions by following where the facts take them.Transparency can be a great ally in quelling any market noise and in maintaining investor and client confidence,“ he said.
\n
\nSikka writes to employees<\/strong>
\n
\nMeanwhile, in a letter to Infosys employees on Wednesday on the occasion of his completion of three years at the company, Sikka had a line that appeared to be sending a message to the co-founders: “Recently , when I turned 50, another anniversary, a great teacher of my life gave me a rare book of reflections by Hermann Hesse.In it, I found this one gem: 'Some of us think holding on makes us strong, but sometimes it is letting go'.\"
\n\n<\/p><\/body>","next_sibling":[{"msid":59911018,"title":"Is your old smartphone getting slower by the day? Here's how you can fix it","entity_type":"ARTICLE","link":"\/news\/is-your-old-smartphone-getting-slower-by-the-day-heres-how-you-can-fix-it\/59911018","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":59912190,"entity_type":"ARTICLE","title":"Infosys rejects Narayan Murthy plea on probe report","synopsis":"Infosys has turned down a demand by company co-founder NR Narayana Murthy that the report on its investigation into whistleblower complaints be made public.","titleseo":"telecomnews\/infosys-rejects-narayan-murthy-plea-on-probe-report","status":"ACTIVE","authors":[{"author_name":"Shilpa Phadnis","author_link":"\/author\/479212770\/shilpa-phadnis","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212770.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":479212770,"author_name":"Shilpa Phadnis","author_seo_name":"Shilpa-Phadnis","designation":"Principal Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2017-08-04 12:21:27","lastupd":"2017-08-04 12:23:27","breadcrumbTags":["NR Narayana Murthy","Infosys","Enterprise IT","Sikka","HfS Research","Panaya"],"secinfo":{"seolocation":"telecomnews\/infosys-rejects-narayan-murthy-plea-on-probe-report"}}" data-news_link="//www.iser-br.com/news/infosys-rejects-narayan-murthy-plea-on-probe-report/59912190">
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