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The document discusses recent upheavals in corporate India at Tata and Infosys. At Tatas, Cyrus Mistry was removed as chairman within a year of appointment, with most of the board supporting Ratan Tata. At Infosys, Vishal Sikka resigned as non-promoter CEO due to persistent criticism from founder Narayana Murthy, despite creating a new division and revenue stream for Infosys and leaving the company in better financial shape.
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Discuss about article name clash of ideas which is published in The tribune newspaper on 22 August 2017
The document discusses recent upheavals in corporate India at Tata and Infosys. At Tatas, Cyrus Mistry was removed as chairman within a year of appointment, with most of the board supporting Ratan Tata. At Infosys, Vishal Sikka resigned as non-promoter CEO due to persistent criticism from founder Narayana Murthy, despite creating a new division and revenue stream for Infosys and leaving the company in better financial shape.
The document discusses recent upheavals in corporate India at Tata and Infosys. At Tatas, Cyrus Mistry was removed as chairman within a year of appointment, with most of the board supporting Ratan Tata. At Infosys, Vishal Sikka resigned as non-promoter CEO due to persistent criticism from founder Narayana Murthy, despite creating a new division and revenue stream for Infosys and leaving the company in better financial shape.
After Tatas, Infosys crisis triggers upheaval in corporate India
30-08-2017 Mandeep Singh 2
Peoples Which are introduced in this Article Vishal Sikka Narayana Murthy Cyrus Mistry Ratan Tata
30-08-2017 Mandeep Singh 3
Resignation of Infosys Chief executive Vishal Sikka
30-08-2017 Mandeep Singh 4
Upheaval in corporate India
Due to open Battle between
companys board and legendary promoter Narayana Murthy
30-08-2017 Mandeep Singh 5
Tatas
Less than a year ago Tata sons removed
the first non family member to be appointed chairman from the top post of business house
30-08-2017 Mandeep Singh 6
Infosys
Non promoter chief executive had to
resign due to persistent criticism from the promotores
30-08-2017 Mandeep Singh 7
Support of Ratan Tata
In the case of Tatas, most members
of the company board supported Ratan Tata.
30-08-2017 Mandeep Singh 8
Castigated Narayana Murthy and strongly in defence of Vishal Sikka
30-08-2017 Mandeep Singh 9
Sikka is reported to have created a new division and a new revenue stream for Infosys which was expanding rapidly.
30-08-2017 Mandeep Singh 10
Sikka left the company in a financial condition than when he joined it.
30-08-2017 Mandeep Singh 11
Words with their meaning 1. Honcho-A leader or manager 2. Persistent-strong, strict 3. Promoters-a person or thing that permotes something 4. Castigated-criticism 5. Chagrined-feel distressed 6. Acquisition-earning, profit 7. Acrimonious-forceful,rude