Tag: Kali

Ex Infosys boss goes Kali about company founder

Statue of Hindu goddess KaliInfosys CEO Vishal Sikka resigned unexpectedly Friday, penning a three-page rant about his long-running feud with the Indian IT outsourcing company’s founder.

Sikka wrote in the letter: “Over the last many months and quarters, we have all been besieged by false, baseless, malicious and increasingly personal attacks. The continuous drumbeat of distractions and negativity over the last several months/quarters inhibits our ability to make positive change and stay focused on value creation.”

Infosys COO U.B. Pravin Rao was named as interim managing director and CEO of the Bengaluru, India-based systems integrator. Rao will report to Sikka, who will serve as executive vice chairman until a permanent CEO takes office, which Infosys said is expected to happen no later than March 31, 2018.

However the rant makes for interesting reading:

“I cannot carry out my job as CEO and continue to create value, while also constantly defending against unrelenting, baseless/malicious and increasingly personal attacks. After much contemplation, I have decided to leave because the distractions, the very public noise around us, have created an untenable atmosphere.”

The company’s board backed Sikka and deflected criticisms made by company founder and former chairman NR Narayana Murthy, who claimed in recent emails that Infosys’ independent directors felt that Sikka was more CTO material than CEO material.

“The Board is profoundly distressed by the unfounded personal attacks on the members of our management team that were made in the anonymous letters. The Board denounced the critics who have amplified and sought to further promote demonstrably false allegations, which have harmed employee morale and contributed to the loss of the company’s valued CEO.”

Murthy fired back several hours later, noting that he voluntarily left Infosys’ board in 2014 and was not seeking any money, power or positions for his children. Murthy has in the past questioned pay raises granted to Sikka and Rao, as well as the size of severance payments given to others.

“I am extremely anguished by the allegations, tone and tenor of the statement,” Murthy said in his response. “My concern primarily was the deteriorating standard of corporate governance, which I have repeatedly brought to the notice of the Infosys board.”

Indian security outfit shows how it is done

Statue of Hindu goddess KaliIndian security supplier Quick heal is putting the fear of Kali into the security industry with its 50 percent margins.

Now it seems that the Pune-based security vendor is wooing North American partners with a scheme called Quick Rewards which is a loyalty programme that has no limit on rewards.

According to the company, the programme is on top of the 50 percent margins that is already offered and gives reward credits on referred partners sales and more.

“The program (sic) is designed to provide unlimited financial benefits to active channel partners, with no limit on the amount of rewards cash that may be earned,” Quick Heal said in a statement.

Authorised channel partners can receive rewards credits representing up to six percent of a referred partner’s first-year Quick Heal Seqrite product line sales, and four percent of the second year’s sales.

The company emphasised that there are no limits to the number of referrals that a reseller can bring in, and no limits to the reward dollars that they can earn.

Although the moves are cantered on the US market, the cunning plan is an illustration of the sort of aggressive play which Indian companies can run in other markets too.

According to the Glassdoor  site the outfit has very aggressive marketing in PAN India by going vertical through government, corporate, SMB and other channels. It does have a good product and very good support from support engineers who know  it in and out, it is said.