In a snub to Murthy, Infosys gives Sikka thumbs up; cuts FY18 guidance

Q2 profits up 3.2% to Rs 3726 crore

Infosys co-founder N R Narayana Murthy on Tuesday expressed his disappointment after the company’s board led by Nandan Nilekani gave a clean chit to former chief executive Vishal Sikka over allegations of governance failure in the Panaya acquisition.

“I stand by every question on poor governance raised in my speech to Infosys investors dated August 29, 2017. The fact remains that none of these questions has been answered by the Infosys board with the transparency it deserves,” Murthy said in a statement, adding he was “disappointed”.

Nilekani did not respond to calls or text messages seeking comment. Earlier in the