<b>Shyamal Majumdar:</b> Rajiv Bansal's strange silence

The former CFO of Infosys has no contractual obligation to keep quiet

It’s perhaps better late than never. Infosys gave a detailed statement on Monday to refute the allegations made by a whistle-blower that the Panaya acquisition was overvalued and that it was possible that some Infosys executives had benefitted from the deal. One can only hope that the inquiry ordered by Infosys into the allegations about the Panaya deal will clear the air over it.

Many say critics are making a mountain out of a molehill by raising the issue of former chief financial officer Rajiv Bansal’s severance pay. The argument goes like this: Indians are anyway much behind the rest of