National
Infosys Board to focus on bringing stability: Nilekani
Bengaluru, Aug 25 (IANS) The Board of global software major Infosys Ltd would focus on bringing complete stability to the company, said its co-founder and new Chairman Nandan Nilekani on Friday.
“The Board is focused on bringing complete stability to the company. It has also tasked its Committee of Directors to work with the Chief Executive Officer and the management to review and refresh the company’s strategy by October,” said Nilekani at a news conference here a day after he returned to the IT major as its non-Executive Chairman.
Stating that he was excited about the company’s future, he said in the recent days, there was discussion of the relationship between the Board and its Founder N.R. Narayana Murthy, who established the culture of adhering to high corporate governance standards.
“The Board believes it to be unfortunate that various differences of opinion have arisen between Murthy and itself in the recent past. The Board wishes to express that it was not its intention to cause Murthy or any other affected person any personal distress or anguish while stating its point of view,” he reiterated Nilekani.
Referring to the investigations into allegations by anonymous persons on the conduct of prior management, and concluded that there was no wrongdoing, Nilekani said he would get a full briefing and an appropriate course of action would soon be decided.
“The Board is focused on the future, consistent with the company’s commitment to good governance,” he noted.
Asserting that the Board took the company’s reputation for high corporate governance standards with utmost seriousness, the co-founder said it had decided to engage in broad-based shareholder consultations to determine what it could do to ensure adherence to high governance standards.
The Board also approved the appointment of executive recruitment firm Egon Zehnder to work with its Nominations and Remunerations Committee to identify the right candidate for the next CEO and Managing Director.
The Committee will also deliberate on the long-term governance structure of the Board and present its recommendations at the meeting of the Board in October.
The Board announced that Director D.N. Prahlad would be the Chairman of the company’s subsidiary EdgeVerve Ltd with immediate effect.
–IANS
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National
Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.