Punita Sinha

On Monday, the company's board led by chairman R Seshasayee held a press conference to specifically answer the charges of corporate governance violations that it has been accused of.

Infosys defends ex-CFO severance pay; says wasn't 'hush money'

"The concerns raised over CFO Rajiv Bansal's severance pay are valid.... But they said it was hush money, which was deeply disturbing," said Infosys Chairman R Seshasayee.

Infosys founders suggested Pai, Balakrishnan as board members

After some co-founders wrote a letter to the board of IT major company seeking a review of corporate governance practices, it is emerging that they are keen to install 'value-based people' who have a deeper understanding of the company on the board.