Infosys was founded by K. Dinesh, S. Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Nandan M.
Mr. Murthy, who was based in Fremont, said the relationship ended several weeks ago.
Mr. Murthy, during a conference call with reporters on Tuesday, denied he had violated company policy.
Mr. Murthy, who was born in India and is 49, joined iGate about a decade ago.
Mr. Murthy, in a call with reporters Tuesday, denied he had violated company policy.
Mr. Murthy acknowledged a "personal" relationship with the woman, which he said ended several weeks ago.
WSJ: Outsourcer Fires Indian Chief Executive Over Relationship
Murthy is pushing into such higher value technology services as e-business consulting, design and implementation.
Murthy and his wife Sudha sold a chunk of shares to start a venture capital firm.
Earlier today I got talking to Phaneesh Murthy, CEO of iGate about that.
Dr. Vivek Murthy, a recent Yale graduate, is co- founder and president of Doctors for America.
Krishna Murthy, director of the Industrial Relations Institute of India believes Japanese companies have an anachronistic attitude.
Mr. Murthy is giving back by involving himself with various social causes including the UN Foundation.
Mr Murthy had "violated iGATE policy" by failing to report this relationship, the firm said in a statement.
Mr. Murthy, who was born in India, joined iGate about a decade ago.
WSJ: Outsourcer Fires Indian Chief Executive Over Relationship
Not many though, can preach and practice leadership as a simple and humble art-form as lived by Mr. Murthy.
Shares of Infosys, India's second-largest software firm, have risen after the company asked its co-founder Narayana Murthy to return as chairman.
Phaneesh Murthy, the Indian chief executive of outsourcing firm iGATE, has been sacked "for not disclosing a relationship with a subordinate".
And you never know, their country specific advice might even help you to become the next Jobs, Narayana Murthy or Zuckerberg.
FORBES: Starting And Growing a Business - The Entrepreneur's Global Guide
All were former entrepreneurs who had been investing since the pre-bubble days, Gandhi and Jacob at Infinity Ventures and Murthy at Passionfund.
Mr. Murthy has shared with us simple truths that drive home important fundamentals about entrepreneurship, life and the incumbent turns and bends.
Murthy said he heard reports Friday of looting and an unconfirmed report of a person burned alive in Kanyabayonga, north of Goma.
CNN: U.N.: Gunmen kill woman while trying to rape girl at camp
Yet Murthy sees ample room for both the efforts- and outcome-based model.
But I truly was surprised by Narayana Murthy, one of the founders of Infosys and arguably the most accomplished entrepreneur in India.
Narayana Murthy, the chairman of Infosys, an Indian software company, can teach many CEOs something about transparency of compensation (see page 36).
Murthy says that one of the keys to India's success in software development is its blend of whip-cracking efficiency and fanatic attention to detail.
"Today, there's still insecurity, " Murthy said, adding that aid workers have limited access to many areas and a planned humanitarian corridor has yet to open.
CNN: U.N.: Gunmen kill woman while trying to rape girl at camp
The firm said it had also investigated "a claim of sexual harassment" against Mr Murthy and found that he had not violated the firm's harassment policy.
Mr Murthy's return, announced over the weekend, has stoked hopes of a revival in the firm, which has seen its growth rate slow amid weaker global demand.
In 2001, a former Infosys employee filed a lawsuit against him and the company in a California court alleging sexual harassment by Mr. Murthy and wrongful termination.
In part II of his recent interview with Forbes publisher Rich Karlgaard, Phaneesh Murthy says that an outcome-based style of outsourcing may offer a steppingstone to advancement.
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