Major News and Events of 13 February 2017
What Happened on 13 February 2017
Infosys: Narayan Murthy Ends Battle with Board
As per reports, AIADMK General Secretary VK Sasikala mentioned on Monday that she got to know about the conspiracy of dividing the party after the death of former chief minister J Jayalalitha in December.
Speaking from the former CM’s Poes Garden residence in Chennai, she stated that though people are trying their best to divide the party, she will not let that happen.
VK Sasikala also revealed that she was in much pain after the death of former CM Jayalalitha, thus did not take the charge of Tamil Nadu chief minister, instead Panneerselvam took it. Finally she said she is not scared as she and the party have seen thousands of such Panneerselvams.
Reports say, Narayan Murthy ended his battle with the board of Infosys Ltd. and mentioned that he is confident that the company will surely deal with the concerns that were raised about corporate governance.
The apprehensions about the management of the company came up last week. The concerns were on the hike of the CEO's compensation and huge severance packages for two executives who left the organisation.