Diabytes
Infosys COO News
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Veteran industrialist Adi B Godrej has disapproved the move of Infosys co-founder N R Narayana Murthy to publicly express concern over the pay hike of the company's COO, as he justified a big gap between salaries at the entry and top levels.
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Text of Narayan Murthy`s letter to the media about COO Pravin Rao`s compensation.
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In a letter that was released to media, he also said that given the current poor governance standards at Infosys, the targets for variable pay may not be adhered to if the board wants to favor a top management person.
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Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape.
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