Dismissing talks that he was running for presidency as speculation, software icon and Infosys Technologies Ltd chief mentor N R Narayana Murthy on Wednesday said one should not spend time debating hypothetical issues.
The government has kicked off a new employment survey to create closer-to-real-time credible information, the first tranche of which is expected to be revealed in December next year.
Former iGate CEO Phaneesh Murthy, who was sacked by the US-based IT services firm for failing to disclose his relationship with a subordinate in May this year, has slapped the company with a law suit.
Murthy has served as Mphasis' CFO since July 2009 and will continue in his role till June 3, 2014, the company said in a statement.
Infosys will now be headed by its senior most founding member Nandan Nilekani, who was the CEO and MD. No decision had been taken on appointment of the new Chairman, company sources said.
Who do you think is right? Will Murthy's resignation adversely affect Bangalore's development? Or is Deve Gowda's claims correct? Or is it a matter of development versus petty politics? Tell us.
Infosys Chairman and Chief Mentor N R Narayana Murthy on Monday asserted that the government could resolve the infrastructure problems plaguing Bangalore, India's high-tech city, with partnership from the industry.
Dr Vivek H Murthy, the next surgeon general of the United States, wonders whether social media is worsening one of the biggest problems in the world today -- loneliness.
Speaking to engineering students at the annual convocation of the Indrprastha Institute of Information Technology, Delhi, Murthy pointed out that the much famed Indian software sector ends up importing every innovation from the West despite the fact that the country produces a large number of software professionals.
Weighing in on the 90-hour workweek controversy, ITC Ltd chairman Sanjiv Puri said that it is more important for the workers to be aligned to the grander vision of the company rather than the number of hours put in. Giving an analogy of many workers building a castle, he said, "If you ask a mason what he is doing, he might say he is laying a brick, another might say he is building a wall but some might say he is building a castle.
Murthy also said this is not for the first time that the industry has faced the layoff problem and hence there should not be any extreme anxiety as the industry had dealt the issue and found solutions then.
The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.
Founder of software giant Infosys, N R Narayana Murthy on Monday said he was positive that the company's first centre would come up in the metropolis."
Infosys founder Narayana Murthy on Tuesday said he has not given a donation to Arvind Kejriwal for political activities and had declined a request from him for financial assistance two months ago. Murthy had in 2008 agreed to give Kejriwal's Public Cause Research Foundation Rs 25 lakh per year for five years and brought the Tata Social Welfare Trust on board to donate an equal amount for the same period to raise awareness about the Right to Information Act.
Infosys chief mentor Narayana Murthy has been felicitated with the Global Leadership and Free Enterprise awards by the University of South Florida in recognition of his entrepreneurial spirit.
The Infosys' founder expressed the inability of Indians to exchange ideas.
His detractors now say they're believers again, after Murthy stepped down to allow Sikka to chart his own course.
The work environment has definitely changed at Infosys after the return of NR Narayana Murthy, reports Vikash Nanjappa
Infosys co-founder N R Narayana Murthy is among the 12 "greatest entrepreneurs of our time" according to a Fortue magazine list that is topped by Apple's late chief Steve Jobs.
'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'
India has now seen a positive growth and youngsters have greater responsibility to make this growth sustainable, non-executive chairman and chief mentor of Infosys Technologies, N R Narayana Murthy, said on Saturday.
Despite a shrinking market share and declining profitability, Murthy's return helped Infosys get a double thumbs-up from investors.
The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.
Murthy on Saturday said the nation's second largest IT services firm had "diluted focus on meritocracy and accountability" in the past decade, forcing him to take "hard and tough decisions."
As a major contributor to exports, the IT industry has greater responsibility to perform better in view of the huge Current Account Deficit facing India, said N R Narayana Murthy, whose appointment as Infosys Executive Chairman was ratified by shareholders on Saturday.
According to sources privy to the development, Murthy has chosen a team of four senior executives -- former Infosys India business unit head Binod Hampapur Rangadore, Ranganath D Mavinakere, Deepak Padki and Rohan Murty.
Perhaps the greatest positive for Mr Sikka is his job knowledge and career record.
The succession strategy has an unmistakable stamp of Murthy's sharp management and leadership acumen - a trait he has been regarded for all this while.
The new chairman of the country's second-largest IT firm acknowledged that he is an "admirer" of Murthy, saying the "iconic visionary" is the father of corporate governance in India.
Murthy will also present the inaugural Richard Larkins Oration on the occasion.
The US on Wednesday rejected reports that it is abandoning the nomination of Indian-American Vivek Murthy as Surgeon General, saying his name was approved with bipartisan support.
United States President Barack Obama has nominated Indian-American Vivek Murthy for the post of Surgeon General, which a top American lawmaker described as a historic moment for the community across the country.
In an emailed exchange with Business Standard, iGate states the circumstances that led to Phaneesh Murthy's sacking.
Infosys co-founder Narayana Murthy has singled out "erroneous policies" pursued by successive governments at the Centre.
Murthy said there was a need to change the mindset of the employees to focus on large deals.
Infosys chief mentor Narayana Murthy gave this speech at the NYU Stern School of Business.
N R Narayana Murthy, chief mentor of Infosys Technologies, on Friday supported the joint venture between Bharti Enterprises and Wal-Mart saying the Indian partner would benefit from the world's largest retail chain's expertise and technology.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
Murthy, the chief mentor of IT bluechip Infosys, said fairness, transparency and accountability were the "three pillars" of corporate ethics which companies should adhere to.
Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said.
