Infosys’ outgoing chairman and chief mentor N.R. Narayana Murthy expressed disappointment over a U.S court issuing a legal notice to the IT bellwether on its reported misuse of B-1 visa rules.
“As I leave the board, I feel sad that Infosys, voted most often as India’s most respected company during the period 1995-2011, has been issued a subpoena by a grand jury in the US on the B-1 visa issue. The issue will be decided on its merits in due course,” Murthy told his shareholders at the 30th annual general meeting (AGM) here.
Though a district court in Texas May 23 served the legal notice to the company on the alleged violation of visa rules, the management decided to contest it and clarify its position to clear the air.
Asserting that the blue chip company would strengthen its well-acclaimed and much respected focus on embracing meritocracy and transparency, Murthy said during the last three decades he had never compromised on values, and advocated openness in discussions on the importance of values at every level in the organisation.
“This is the path I have walked during the last 30 years at Infosys with much peace of mind and a clear conscience. I never waffled and remained unambiguous about practising our values, punishing the guilty and being firm in every decision-making based on our values,” Murthy said.