2. About Infosys
 Infosys is provider of technology, engineering and
outsourcing services.
 Infosys was co-founded in 1981 by N. R.Narayana
Murthy, Nandan Nilekani and other management
partners
 Its headquartered in Bangalore. It has offices in 30
countries
 Today, Infosys is a global leader in the "next
generation" of IT and consulting with revenues of

3. About Phaneesh murthy
•Phaneesh murthy 38 years old man, the head
of sales
and marketing and communication and product
services division of Infosys
•Phaneesh Murthy, the highest-paid employee of
Infosys, he used to take Rs.1.91 crore every

4. About Reka Maximovitch
 Reka Maximovitch, an American citizen of
Bulgarian descent.
 Reka Maximovitch was working as Phaneesh
Murthy's executive assistant.
 While she was facing sexual harassment from
Murthy from october 1999 she was not
reported,may be due to fear of social redicule or
fear of losing her job.
 She was wrongfully terminated from job in

5. Problems in the case
 Reka filed a complaint in Oakland,USA on 17
Dec’,alleging sexual harassment, unlawful
termination against Phaneesh murthy.
 Infosys became entangled in the scandal, it is the
first negative news about infosys since its
inception.
 Murthy abruptly resigned from
Infosys.Initially,Murthy refused to participate in the
settlement initiated by infosys.
 Infosys ahead with the settlement without any
contribution from murthy.
 Later on, He voluntarily signed the settlement and

6. Why the things gone wrong
 Lack of corporate governance
 Infosys maintained a studied silence on the
episode on the ground that the matter was
subjudice.
 Media reports blamed Infosys for having kept
the issue under wraps for a long time.
 The Company’s share price declined by
6.6percent soon after phaneesh left

7. How the settlement went
 Giving details of the settlement, Infosys chairman
and chief mentor N R Narayana Murthy told
media persons that the company would be paying
$3million to the accuser.
 Of this, Infosys would contribute $1.5 million while
insurers would cough up the remaining
$1.5million under the company's directors and
officers liability insurance cover.

8. Ethical or Unethical?

9. Strategies need to adopt?
 A crisis brings out the best and wrost in any
organisation,it is also true that a crisis provides a
learning opportunity it.

10. Conclussion