Infosys internal rift widens

     Written by : SMTV24x7 | Fri, Jun 09, 2017, 02:51 PM

Infosys internal rift widens

Bengaluru, June 9: A widespread rumor has affected the shares of an IT company. A false news regarding the sale of equity in Infosys company has gone viral. Sources say that the top managements and founders of the company are looking for partners to sell their 12.75 % worth Rs Rs 28,000 crore.

The company CEO has denied the news and said that there is no such development that took place in the company. The rumors had assumed significance because of the recent differences emerged between the former founder Narayana Murthy and CEO Vishal Sikka.

Murthy has publicly criticized the recent pay hike given to Sikka and he said that top management must focus on ensuring the quality of its services doesn't go down.However, the Vishal Sikka has justified his pay hike and he has shot back and at the former founder.

Lets hopes that company takes steps to ensure that its internal disputes don't affect the company reputation .