Murthy claimed in the email to some of his advisers that three independent directors on the Infosys board had told him that Vishal Sikka was more chief technology officer (CTO) material than chief executive officer (CEO) material.
Infosys had said in April it meant to return $2 billion to shareholders before March 2018 while also announcing the appointment of an independent director as co-chairman, both moves largely seen as attempts to calm the founders.
The tech company's shares plunged as much as 13% in Mumbai following the announcement. These letters have criticized the company and specifically called out its Board of Executives for alleged failing corporate governance.
Vishal Sikka is said to have taken the charge three years ago and the revenue of Infosys has been growing every year.
Infosys CEO Vishal Sikka announced on Thursday that he has resigned from his position effectively immediately, saying that he could no longer continue to defend against "unrelenting, baseless and increasingly personal attacks".
"I am anguished by the allegations, tone and tenor of statements made by Infosys board".
However the relationship soured in recent months with the founders, who retain a 12.75% share in the company, voicing a growing number of complaints about various governance issues, including a pay rise granted to Sikka and several severance packages to other executives.
"The Board is profoundly distressed by the unfounded personal attacks on the members of our management team that were made in the anonymous letters", Infosys said in a statement.
Sikka will not be completely out of the picture following his resignation as Infosys CEO, as he will assume the role of executive vice-chairman. The value of shares held by founder chairman N R Narayana Murthy, who is being blamed by Sikka for his exit, went down by Rs 855 crore.
He was scouted from German software company SAP SE to upgrade Infosys-a trailblazer of the outsourcing model and one of India's largest and most profitable companies.
Sikka, 50, a former German IT major SAP executive who was appointed CEO and MD of United States dollars 10 billion revenue company three years back, will become executive vice-chairman until a new MD and CEO is hired.
Duvall also warned that negotiators should avoid swapping any US gains in agriculture in order to boost other business sectors. The pact also has massively boosted US farm income by increasing agricultural exports to both Mexico and Canada.
There is no straightforward solution to this; if there was we would have heard it by now", Coveney told Irish broadcaster RTÉ . The paper also says the Government wants the Good Friday Agreement written into European Union withdrawal agreement.
In a series of tweets, he described SC senator Lindsey Graham as "publicity seeking" and Arizona senator Jeff Flake as "toxic". Senator Bob Corker says he hopes his critical comments can influence President Donald Trump and those around him.
Dunford told reporters that he has advised the US leadership not to dial back on the exercises with South Korea. He was elected in May after a decade of conservative rule that saw animosity deepen between the rival Koreas.
Sloane Stephens continues her best run in Cincinnati, having gone out in the last 16 in 2012, 2013, 2014 and 2015 previously. The Romanian's last two wins over Stephens both came in the U.S. - in Miami in 2015 and Washington earlier this year.
The first 100 attendees will receive free eclipse glasses which allow people to view the event in a simple and safe manner. Regular sky shows will be available at a reduced price of only $5 with a special eclipse show available for $2.
As reported by Interfax's sources, the MIA does not exclude it was a terrorist attack , but this version is not the main one. The region's governor was flying out to the city to hold a meeting with investigators, regional authorities said.
To counter that, Facebook has now announced its latest effort to fight clickbait stories, and this time it's for videos. Publishers that adhere to the best practices of Facebook won't see much change in how their posts are distributed.
Stoke City 1-0 Arsenal
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Data of nearly two million U.S. voters leaks
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3 children found dead in Maryland home
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Trump approves revamped cyber command to meet threats
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BMW Z4 Roadster Concept Is Out and Looks Better Than Imagined
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Oil prices recover as U.S. crude stocks decline
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Dodgers' Yu Darvish lifted with back tightness on Wednesday
The Dodgers won Wednesday thanks to a three-run ninth, and they continue to run away with the top record in baseball at 85-34. They were the finest group of players Brooklyn has seen on one team, immortalized by Roger Kahn the author of Boys of Summer.