Infosys chief quits after battle with founders
NEW DELHI — India Inc. suffered a new blow Friday when the CEO of one of the country’s leading technology outsourcing companies suddenly resigned, a surprise move he attributed to “a continuous drumbeat of distractions and negativity.”
The departure of the executive, Vishal Sikka, from Infosys comes just months after a struggle at the top of the Tata Group, a powerful Indian conglomerate, focused attention on a variety of problems in the country’s corporate governance and culture.
Both companies symbolized a shift in India’s business mind-set in recent decades, as they looked overseas to court clients and deals. Their success in recent years has come as India’s overall economy has seen faster growth.