On June 1, N. Narayanamurthy, the co-founder, and former Chairman of Infosys – India’s IT giant – was appointed as the Additional Director and the Executive Chairman of the board, for five years. How momentous is his return for Infosys, and more importantly, what does this augur for the future of the company?
The recent crisis at Infosys suggests that corporate governance in India’s IT sector has been slipping. Gateway House talks to T.V. Mohandas Pai, former CFO of the company, about what the Indian IT industry and the government can do to raise global competitiveness and remain recognised as centers of innovation