Task cut out for Infy

The Nilekani factor raised investors' spirits as stocks rose 2%

With reference to “Reimagining Infosys” (August 28), Nandan Nilekani is one of the co-founders of Infosys and one who has been its CEO for five years. He knows Infosys better than most in terms of its workforce, business and culture. That said, his holding the fort is at best a stopgap solution. As Infosys stocks tanked 15 per cent in two straight trading sessions last week, the Nilekani factor raised investors’ spirits as stocks rose two per cent. He is favoured by 12 fund managers representing institutional investors in Infosys.

Any other business behemoth can well do with its founders’ occasional