r seshasayee

Commercial vehicle maker Ashok Leyland today elevated its long-time managing director r seshasayee to executive vice-chairman, effective from April 1.

Infosys Chairman r seshasayee on Monday sought to allay concerns over ex-CFO Rajiv Bansal's severance pay, but admitted that the "judgement" could have differed if circumstances were different or if certain processes had been in place.

The board of India's second-biggest software exporter Infosys is engaging with its founders over their allegations of corporate governance lapses, non-executive chairman r seshasayee said at a news conference on Monday.

Mumbai, Feb 13 () Infosys Chairman r seshasayee today sought to allay concerns over ex-CFO Rajiv Bansal's severance pay, but admitted that the "judgement" could have differed if circumstances were different or if certain processes had been in place.

New Delhi, Sep 1 () Infosys former chairman r seshasayee today hit out at company founder N R Narayana Murthy for carrying out "personal attacks" and making "false and slanderous accusations" against him, saying he was unable to understand the motivation for the persistent vendetta.

BANGALORE: Automobile manufacturer Ashok Leyland plans to cut 1,000 jobs during 2003-04, and to improve productivity through better processes and standardisation, r seshasayee, the company managing director, said here on Monday.

Seshasayee rejected the accusation by former board member TV Mohandas Pai that the board hadn’t been communicating with the Infosys founders.

President Kalam gave CII a 3-point agenda to encourage R&D, design and a strategic approach to new product development, at a meeting at Rashtrapati Bhawan.

New Delhi, Feb 13 () Shares of Infosys went up further by nearly 2 per cent today even as differences persisted between the founders and the board over corporate governance issues. The stock, which has been advancing for the last three sessions, moved up by 1.60 per cent to end at Rs 983.50 on BSE.

As part of the same statement, the chairman of Infosys, r seshasayee strongly defended Sikka, saying the board was "fully aligned with his strategic direction".

New Delhi, Sep 1 () Infosys today said it is engaging with shareholders on the future course of action to ensure that high governance standards are maintained, as it attempts to put behind months of acrimony between founders and former Board members over allegations of lapses.

Infosys chairman r seshasayee may be cautiously optimistic about investments picking up in India but appears more confident when it comes to the future of the $9-billion IT behemoth, which seems to have found its mojo back over the last two quarters.

The MS Swaminathan Environment Protection Award was conferred on r seshasayee, executive vice-chairman of Ashok Leyland Ltd, on Saturday.

In a statement, Infosys company said that while the board appreciates and respects inputs from the founders, it is committed to fulfilling its fiduciary responsibility to act independently and in the overall interest of shareholders.

New Delhi, Aug 29 () Days after a board upheaval at Infosys, co-founder N R Narayana Murthy today said his concerns with the previous board led by r seshasayee were poor governance, ex-CFO being paid large severance as 'hush- money' and alleged irregularities in Panaya acquisition.