Management at Infosys Ltd attempted on Monday to allay concerns that the software services firm was facing a worsening dispute with its founders over how the company was being run, saying that the board was engaging with the founders, including NR Narayana Murthy.
The country’s second-biggest IT services company behind Tata Consultancy Services has been locked in a public war of words with the founders and former executives, who, led by Murthy, have raised concerns over various decisions taken by the board.
To allay investors’ concerns, Infosys CEO Vishal Sikka said, “I am kshatriya warrior. I am here to stay and fight,” in an interview to Money Control after the company’s chairman R Seshasayee defended Sikka and the management at a press conference in Mumbai.
Sikka’s assurance, however, has sparked a barrage of responses on Twitter, given the caste reference.
Vishal Sikka says am a Kshatriya, a warrior, am here to stay! He forgot Narayan murthy is a brahmin and from Chanakya's clan #InfosysDivide— Kishore (@SaysItSo) February 13, 2017
Will @Swamy39 call Vishal Sikka an intellectual Kshatriya— Slatan Indianmovic (@suman_rd) February 13, 2017
@Infosys CEO Vishal Sikka proved he's a "khota sikka" by chest thumping his Kshatriya caste !! Now I get why the founders were unhappy !!— twittyboy (@TweeTerminus) February 13, 2017
The row comes at a time when the more than $150 billion IT services industry has seen a slowdown in new deals with Western clients, and is bracing for changes in US work visa rules in its biggest market, the United States, that could increase costs significantly and dent profits.
(With inputs from agencies)