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<b>Letters:</b> . . . is no reason to celebrate

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Business Standard New Delhi
Last Updated : Jun 05 2013 | 9:05 PM IST
Narayana Murthy's return to Infosys is not a cause to celebrate. It shows failure of the team in which he had reposed trust to take Infosys further when he decided to retire. His decision was hailed as an example for others who stick to their post till death. The choice of a non-information technology (IT) man, K V Kamath, as Murthy's successor was evidently a bad one. Running a private bank in India with patronage from the government is quite different from running an IT company in the international domain, where competition is fierce. In any case, Murthy should have stuck to his decision to retire from Infosys. Nobody is indispensable.

Sudhir K Bhave, Mumbai

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First Published: Jun 05 2013 | 9:05 PM IST

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