Until very recently,Rishi Sunakwas widely touted as a candidate for the next conservative prime minister. Many have his treatment of British politics and economic fallout from theCovid-19pandemic.
Earlier this year, his tax and his wife's tax were scrutinized, and a £ 50 fine was imposed for participating in a birthday bash blocked on Downing Street during thePartygate. It was pretty calm because it was fined.Scandal.
However, his resignation from the government suffering from theBoris Johnsonscandal on July 5th, along with the Minister of HealthSajid Javidand many others. The prospect of being able to revive his politics now.
Compared to Johnson, the 42-year-old Richmond MP looks principled and honest, and may eventually turn to leader.
His first success in Westminster also created a wave of excitement inIndia. This is because he is his own Indian heritage and his son-in-law because he is married to Aksha Tamercy. IndiaOne of the wealthiest businessmen, Narayan Mercy, was often praised as the father of the Indian IT boom.
"Steve Jobs of India"
Narayana Mercy's personal story is closely linked to India's own path to becoming a successful global IT hub. It is related.
His story of starting his own company in 1981 with a capital of only $ 250 and a team of six people fromPuneis popular among middle-class families. It is a miscellaneous story with. India. As Chief Executive Officer and Chairman of
Infosys, Mercy led the company from 1981 to 201 and is the country's greatest entrepreneur among professionals and market analysts. Has built a reputation as one of the homes.
"Steve Jobsis for the US and Narayan Mercy is for India," said Trip Chowderly of Global Equity Research.
"[Like an IT company] Wipro, TCS,Infosyshas transformed the image of India into a place to serve India from a serpentine country. "I put it on the world map."
Mr. Mercy, the founder of Infosys, focused on business ethics and corporate governance at a time when affiliation was prevalent among many of Infosys' competitors. Is known for.
He decided to become Honorary Chairman in 2014, and the company moved to appoint a new leadership completely independent of its founder.
In Govern's Shriram Subramaniam said: .. But it was a failed experiment.
All Indians remember the extraordinary story of the 2017 Infosys crisis, when an executive appointed by Mr. Mercy stood up sensationally.
Vishal Sikka resigned, citing "distraction beats" and "false, unfounded, malicious, increasingly personal attacks" as reasons for his resignation. Let go of the bridle.
Subramaniam believes the incident should be seen as just a moment in the history of the company.
"Narayana Mercy also has its own weaknesses. [Yes] He was a micromanager, but he hasn't played an active role in the company since 2014."
When asked if the company always adheres to the ethical business practices that Mercy himself sometimes talks about, Chowderly takes a pragmatic approach.
"We need to celebrate success.
" Someone like Harishchandra [a mythical person known only to tell the truth] [businessman] If you want to praise, that's their problem. "
75-year-old Mercy is now retired and is estimated to be a minority shareholder in Infosys, according to Forbes 100's list of the wealthiest Indians. Net worth is about $ 2.5 billion (£ 2.1 billion). ..
Illegal or unethical.
The Mercy family made the last news in Britain in December 2020 after asking the British government's ethical oversight agency to investigate Mr. Snak. Official registration of the interests of Minister i n after the story of the Guardiansuggested that the Prime Minister did not declare his wife's multi-million dollar business portfolio. The
newspaper also reported that a series of investments were purchased by Ms. Mercy through a company called the International Monetary Market (IMM).
Her other business interests include catamaran ventures from Amazon Cloudtails.
Through her catamaran, Ms. Marty directly owns at least six British companies (Digme Fitness, Jamie's Italian, Jamie's Pizzeria, New&Ringwood, Soloco, Wendy's).
There was a question about Mr Snack's failure to declare these benefits, but for analysts, the way Akshata Marty handled her business is usually for many. Is considered to be the practice of.
Talking about her wealth, Mohandas Pai, former director ofInfosys, said: She is independent and wealthy. She has been wealthy for a very long time.
"She has had a stake in Infosys since she was a kid, and I'm sure she manages tax affairs very well according to Western customs."
{ According to 92} The Guardian, Ms Murty bought a 5% stake in IMM for £ 500,000 in 2014.Instead of investing directly in two Indian subsidiaries she operates, herher restaurantwas collected from shareholders by IMM through a Mauritius intermediary company. I poured the money.
This not illegal move means that the company will reduce the unpaidtaxon Indian profits.
Neither has to pay a 20% capital gains tax, and the tax on dividends is also reduced from 10% to 5%.
Given the strength of India's reputation over decades, this holding was unlikely to be a problem for the Mercy family, but its immense wealth Run for Tory's leadership, which may continue to cause problems if Mr. Snack builds the future, a member of the super-rich elite pitching to lead Britain through the brutal costs of a living crisis.
A spokesperson for the Mercy family should comment on theGuardianreport when contacted by theIndependent
