Former Infosys board member T V Mohandas Pai has called on Infosys to announce a share buyback that would help efficient use of capital by India's second largest software exporter and sought to look at the issue of founders raising questions as shareholder activism similar to that in rival Cognizant. He spoke to Ayan Pramanik on his take on the ongoing debate on the company's management practices. Edited excerpts:
With Mr Murthy coming out in the open against Infosys board, is it time that Seshasayee step down as chairman?
I think so, because there are governance issues that the founders has