After guiding Infosys to become one of the most admired IT companies in the world, N R Narayana Murthy will step down as its executive chairman on Sunday, amid firm indications that he would continue to call the shots.
N R Narayana Murthy, co-founder and chief mentor of India's second-largest IT services provider Infosys Technologies, is planning to invest in US-based clean technology venture capital fund Siderian Ventures.
Murthy's recent US trip helped to curb company's inflexible, arrogant perception
Murthy indicated that it was the board's wish that he should continue as the chief mentor
Veteran socialist leader and former Uttar Pradesh chief minister the late Mulayam Singh Yadav, and medical professional Dilip Mahalanabis, known globally for his work on Oral Rehydration Solution (ORS), were among those conferred the Padma Vibhushan award by President Droupadi Murmu on Wednesday.
Its longest-serving CEO (he held the position from 1981 to 2002), he leaves Infosys when the gap between it and the number one information technology services company (TCS) is growing wider.
Murthy shared his opinion on who will take over as the next chief after his retirement, saying that Infosys has a lot of talented people and indirectly hinted out that somebody loyal to the organisation will take the charge, selected mainly on the basis of merit and competence.
Many corporate leaders have dived back into the fray and helped their companies clamber out of graveyard.
The Infosys co-founder, who was brought back to head the firm in June last year, also expressed unhappiness over the laggard performance in the last two years.
Infosys on Friday posted healthy growth in earnings for July-September 2013, and raised the lower end of its FY14 revenue guidance, indicating the company had regained its momentum.
IT firm iGATE on Thursday announced the successful completion of Patni acquisition and appointment of Phaneesh Murthy as CEO of Patni.
Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.
True, Infosys is on course to starting its first overseas campus in China, but only four years ago the Indian IT major's co-founder and ex-chairman, N R Narayana Murthy, was apprehensive about its expansion in the East Asian nation, according to WikiLeaks.
Engineer-turned-philanthropist Sudha Murty on Thursday took oath as Rajya Sabha MP in the presence of her husband N R Narayana Murthy.
Reader Abhishek Narang sent us this image from the Wake Forest University Babcock Graduate School of Management, North Carolina.
Infosys chief mentor and chairman N R Narayana Murthy on Tuesday said the company co-founded by him will get his suitable successor well in time before his retirement in August 2011.
Amidst a raging controversy over alleged government's interference in the functioning of prestigious management institutions
Infosys Chairman Narayan Murthy equated the present economic crisis in the US to the Great Depression. "The present crisis in the US reminds me of the 1929 depression. More signals are emanating of the 1929 depression than the 70s' one. I have a suspicion that it (the present crisis) could be a longer one," he said. A recovery from the present crisis may take longer than 18 months, he said.
There should be more scholarships to Indian students, Murthy said.
After two decades of being in the information technology business, India is still a 'toddler' with only 2 per cent of global market share, according to N R Narayana Murthy, Chairman and Chief Mentor, Infosys Technologies Ltd.
A centralised, founder-led model that relies on organic growth is no longer workable.
In a nation of 1.2 billion, only 62 per cent are literate. About 420 million poor live in only eight states.
Infosys chairman NR Narayana Murthy has been appointed to the board of trustees of Asia Business Council, a non-profit consortium of 43 CEO-level business leaders, mainly from Asia.
Chief mentor of Infosys Technologies N R Narayan Murthy and former chairman of Oil and Natural Gas Corp Subir Raha have been adjudged winners of Priyadarshni Academy award
N R Narayana Murthy, who returned as Executive Chairman of Infosys on Saturday, said he will be more effective with his son Rohan as an Executive Assistant but made it clear the latter has no leadership role.
But Indians work less than smaller countries with small populations like Bhutan, the Congo, Lesotho and Gambia.
'For the first time in India since the year 1600, we have an opportunity to participate in the global bazaar.'
Wage inflation will not blunt the country's competitive edge in the IT industry, according to software guru and chairman of Infosys, N R Narayana Murthy.
The chief mentor of Infosys Technologies urged that such tragedies should not recur.
India's large population can become a liability rather than an advantage as limited progress in human resources development has been made so far, Infosys chairman N R Narayana Murthy said.
President Kalam, while interacting with trainees at the Infosys' Global Education Centre in Mysore, acknowledged that Murthy's appointment to the top post would be 'fantastic.'
The cinematographer, famous for his camera work in Guru Dutt's classics like Pyaasa and Sahib, Bibi Aur Ghulam, believes that only Aamir Khan can play Guru Dutt onscreen.
Exuding confidence in Narendra Modi's leadership, IT industry veteran NR Narayana Murthy today said the new Prime Minister is "in a position to change the course of dialogue" on US visas for the over $118 billion industry.
Expressing shock over the killing of a Karnataka official, said to be a whistle-blower in some controversial land allotments, Infosys founder N R Narayana Murthy on Sunday said the first priority of the government should be to protect honest officers.
