Press Esc to close
Thursday 01 September 2016
News updated at 2:45 AM IST
Weather
Max: 21°C
Min : 25°C
In Bengaluru
Cloudy sky

Phaneesh's sacking a right decision, NASSCOM

Bangalore, May 21, 2013, (PTI) :
File Reuters Image

NASSCOM Chairman Krishnakumar Natarajan today said iGATE board has taken a right decision to sack its President and CEO Phaneesh Murthy over alleged sexual harassment, emphasising that a "quick and decisive" action in such incidents augurs well for the IT industry.

"A right decision has been taken. I think the decision reflects what IT industry standards for. It stands for the highest standards of governance and integrity," Natarajan told reporters on the sidelines of a NASSCOM event here.

Natarajan said the board seems to have done a fairly thorough due deligence before taking the action. "It is a very isolated incident and has no bearing in terms of what implications it has on Indian IT industry," he said.

iGate Corp today sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate and alleged sexual harassment.

The Indian IT industry has always stood by the highest standards of governance and integrity, Natarajan added.

A quick and decisive action taken in such an isolated incident, irrespective of who the person is, augurs well for the industry, Natarajan said. "I do strongly believe that this industry wants to walk the talk," he added.

"In the recent past, I have visited several cities across India and conducted one-day workshops on sexual harassment because most companies have 30-40 per cent women employees. So these are fundamental infrastructure we need to create," Natarajan said.
NASSCOM as an industry body demands from members the highest standards of corporate governance, Natarajan said.

Asked how NASSCOM would act against an Indian IT company involved in such isolated incidents, Natarajan said, "We do not interfere in the internal affairs of the companies but certainly we expect them to act, irrespective of Indian company or a multi-national company."


Go to Top

Photo Gallery
Film director Nitya Mehra, actor Sidharth Malhotra and actress Katrina Kaif during promotion...

Film director Nitya Mehra, actor Sidharth Malhotra and actress Katrina Kaif during promotion...

Spectators watch play between Stan Wawrinka, of Switzerland, and Fernando Verdasco, of Spain...

Spectators watch play between Stan Wawrinka, of Switzerland, and Fernando Verdasco, of Spain...

A stagehand gestures after checking lights backstage before the start of a play inside a theatre...

A stagehand gestures after checking lights backstage before the start of a play inside a theatre...

A view of historical ridge reflected in rain water after heavy rainfall in Shimla on Tuesday...

A view of historical ridge reflected in rain water after heavy rainfall in Shimla on Tuesday...

A PAC recruit of 23rd battalion jubilates with his mother after their passing out parade in...

A PAC recruit of 23rd battalion jubilates with his mother after their passing out parade in...

Prime Minister Narendra Modi with US Secretary of State John Kerry at a meeting in New Delhi...

Prime Minister Narendra Modi with US Secretary of State John Kerry at a meeting in New Delhi...

A labourer works at the construction site of a metro rail station in Kolkata...

A labourer works at the construction site of a metro rail station in Kolkata...

Masked protesters shout slogans at a protest march during a strike, after curfew was completely...

Masked protesters shout slogans at a protest march during a strike, after curfew was completely...

An Ambulance passes through a water logged road near AIIMS hospital after rains in New Delhi...

An Ambulance passes through a water logged road near AIIMS hospital after rains in New Delhi...

Children play on pontoons as clouds gather over the banks of the river Ganga in Allahabad...

Children play on pontoons as clouds gather over the banks of the river Ganga in Allahabad...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523