ON Sunday, August 20, Nagavara Ramrao Narayana Murthy turned 71. It should have been a joyous occasion, but the mood at the small informal gathering of friends and ex-colleagues who had come to wish him at his Bengaluru home was sombre.
Just two days earlier, Vishal Sikka, CEO and MD at Infosys Ltd handpicked by Murthy in 2014, had resigned, sending shockwaves through Infosys and the entire IT industry. The company’s shares plunged nearly 10 per cent on the bourses on Friday, August 18, wiping out over Rs 22,000 crore of shareholder wealth, while the Sensex fell over 400 points. Sikka had complained of “distractions” from his work at the company, and the “false, baseless, malicious and increasingly personal attacks” against him. But while he did not name Murthy, the Infosys…