Mindtree's mind games
After the Tatas and Infosys, it is now the turn of Mindtree founders to cry foul in the public domain.
After the Tatas and Infosys, it is now the turn of Mindtree founders to cry foul in the public domain. The 'hostile' takeover bid as claimed by the founders is neither helping the company to build its image nor will help to soar up its stocks.
It is very undesirable on the part of so-called leaders who claim to have climbed the ladder of success under the ambit of corporate governance and yet are running for covers to 'save' the company's take over, instead of finding amicable solution outside public glare.
The matters of the 'sacred' corporate governance and integrity as claimed through the media reports, (that the company claims it stands for) remains elusive now as the episode of merger has taken an ugly turn in the public.
The shadow boxing between the potential investors and the founders in the public domain is only haunting the future of its employees and denting the sanctity of the image as maintained till now.
It is ironical to note that both the parties are not coming out with a clear strategy and are only indulging in blame game under the shadows of integrity and employee interest.
It is a known fact that a healthy and positive balance sheets on quarterly basis is the ultimate motive for any company to grow, than trust and integrity which forms at a later stage.
The stakeholders now need to maintain the talks through a decorum but without coming out much in the public eyes.
Varun Dambal, Bengaluru