Infy Lags Peers In Board Independence
  • Elizabeth George
  • Mar 26 2014

March 26: A technology report by Ambit says, “The combination of highest promoter representation and least amount of independent directors on the Infosys board is making it among the weakest in terms of board representation among tier one IT firms.” The percentage of non-independent directors on the board is less than the promoters, which is not the best governance practice, Ambit observes.