Business Today

Point Counterpoi­nt

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FOUNDERS' CHARGE

Poor governance standards Excessive pay to top managers Huge severance pay to some employees Company culture built over three decades being ignored The board and the Nomination and Remunerati­on Committee have not executed their fiduciary responsibi­lity properly

COMPANY'S RESPONSE

The company continues to adhere to highest governance standards Compensati­on includes performanc­e-related rewards and is in line with industry standards All pay is in accordance with the agreement with employees. Only in case of a former CFO has it been disputed, and is being addressed Infosys continues its culture of sharing rewards, fairness, accountabi­lity and transparen­cy Incorrect. The board has collective­ly taken decisions in the best interests of the company

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