The BJP has vehemently criticized the Karnataka government's decision to provide four per cent reservation for Muslims in government contracts, labeling it an "unconstitutional misadventure." The party has pledged to challenge the move in court and has vowed to oppose it at all levels. Meanwhile, the ruling Congress party has defended the reservation, arguing that it aligns with constitutional provisions. The issue has led to heated exchanges in the Karnataka Assembly, with both parties accusing each other of engaging in appeasement politics.
A lot of my decisions are based on idealism, says N R Narayana Murthy
Infosys co-founder N R Narayana Murthy on Monday denied that he had withdrawn his concerns about governance lapses at the firm, saying the board has to address these "properly" and "full transparency should be displayed and people responsible for it should become accountable".
The upper caste people, mostly Vokkaligas, allegedly took away the 'Utsava Murthy', the metallic festival idol of the deity for performing rituals outside the temple in Hanakere village.
Ekagrah Rohan Murty, NR Narayana Murthy's five-month-old grandson who was gifted a whopping 15 lakh shares by the Infosys founder recently, is set to earn Rs 4.20 crore, thanks to the Bengaluru-IT company declaring a bumper final and special dividend totalling Rs 28 per share. Murthy had gifted 15 lakh shares to Ekagrah valued at a staggering Rs 240 crore at that time, making the five-month-old the youngest millionaire shareholder of India's second-largest IT company.
E-commerce giant Amazon and Infosys co-founder N R Narayana Murthy's Catamaran Ventures have "mutually decided" to not continue their joint venture (JV) beyond the end of its current term. The JV, Prione Business Services, which has been running successfully for the past seven years, was coming up for renewal on May 19, 2022. The JV enabled over 300,000 sellers and entrepreneurs to go online. It also enabled 4 million merchants with digital payment capabilities, providing these small and medium-sized businesses (SMBs) and merchants access to millions of customers across the country.
Describing Murthy as a business icon, T V Mohandas Pai, former CFO of Infosys, said he is more than eminently suited to hold the position of Chairman Emeritus.
Murthy is launching an online market place for healthcare products.
Global recovery and internal shake-up at Infosys have worked in tandem.
Here's what your favourite Bollywood celebrities are tweeting.
N R Narayana Murthy, who returned to Infosys last month, has now taken over the driver's seat at the Bangalore-based company.
After 2 years of criticism, the brokerage firm approves new direction but says quick turnaround unlikely.
Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey on Friday cited studies to state that spending over 60 hours a week on work could have adverse health effects. The survey noted that spending long hours at one's desk is detrimental to mental well-being and individuals who spend 12 or more hours (per day) at a desk have distressed or struggling levels of mental well-being.
He has to keep herd together, service massive takeover debt on Pat#8715 however, operational performance unlikely to be affected
United States President Joe Biden on Monday hosted a Diwali celebration at the White House that was attended by more than 600 eminent Indian Americans, including Congressmen, officials, and corporate executives, from across the country.
Infosys' Chief Mentor NR Naryana Murthy has hired Arjun RamegowdaNarayanaswamy to manage his Rs 600-crore (Rs 6 billion) venture capital (VC) fund -- Catamaran.
The National Rifle Association aims to shoot down Vivek Murthy's Senate confirmation as United States Surgeon General, Aziz Haniffa reports
Chaitanya Sagar Bethu (ISB Class of 2010) shares his experience of spending the day with Narayana Murthy, Infosys chief mentor.
The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.
The Infosys saga shows how efforts to remote-control a company by its powerful promoter, even with good intentions, might hurt the entity, says Asish K Bhattacharyya.
Murthy said he was anguished by the allegations, tone and tenor of statements made by the Infosys board.
The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.
Narayana Murthy requested the government to make commuting easier and provide healthcare facilities.
Unless Murthy launches an aggressive search for a significant infusion of new blood, he will find it difficult to implement the dramatic changes to Infosys' fortunes that everyone expects him to, says P R Ganapathy.
Thirty-seven-year-old Indian-American physician Vivek Hallegere Murthy has been confirmed as the 19th surgeon general of America by the United States senate. He is youngest person and first person of Indian-origin to hold the post.
Murthy is the second Indian-American to be removed by the Trump administration from a senior position.
'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'
Murthy met Delhi Chief Minister Arvind Kejriwal last week.
The Board rued that its efforts to resolve the concerns of the founders - who together own about 12.75 per cent stake in Infosys - over the course of a year through a dialogue have not been successful.
Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.
Over the past few months, Infosys has been battling allegations by Murthy and other former senior executives of falling corporate governance standards.
The MP for Richmond in Yorkshire, married to Murthy's daughter Akshata, first entered the UK Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson's strategy to leave the European Union.
'Pravin Rao's commitment and contribution to the company has been immense, and his partnership over the past three years has been critical to the successes and growth of our company,' said Vishal Sikka, chief executive officer at Infosys.
Squarely blaming the bureaucracy for India's slow progress, Infosys mentor Narayana Murthy said in order to bring accountability, the government needs to start performance-linked incentives.
Modi asserted in a post on X that her presence in the Upper House is a powerful testament to 'Nari Shakti' (women power), exemplifying the strength and potential of women in shaping the nation's destiny.
The founders, who hold 12.75 per cent stake in Infosys, together with a dozen leading institutional investors with a cumulative stake of about 10 per cent forced the Infosys board to bring back Nilekani.
Actor Madhavan recounts his interview with the mentor of Infosys Technologies, Narayana Murthy.
They expressed disappointment over the firm's performance.
While Infosys board gave a clean chit to the Panaya deal, Murthy stands firm on his allegations and said, 'sadly, it appears we will no longer know the truth'.
