N R Narayana Murthy, co-founder and chief mentor of IT major Infosys Technology, said corporate bodies in developing countries like India have a responsibility to involve themselves in philanthropic acts to help underprivileged people.
In a swift damage control exercise, Karnataka Chief Minister N Dharam Singh on Thursday said he would persuade Infosys Chairman N R Narayana Murthy to withdraw his resignation as the Bangalore International Airport Ltd chairman.
Software major Infosys Technologies Chief Mentor N R Narayana Murthy has, for the fifth year running, emerged the most admired business leader of India amongst B-schools across the country.
The annual award includes a pure gold medal, a citation and a prize purse worth $ 100,000 or its equivalent in the Indian rupees.
Without panning Narayana Murthy's credentials, executives in many of these firms feel they are not sure about company's future.
India's second-largest software services company Infosys on Wednesday posted 12 per cent year-on-year rise in consolidated net profit at Rs 5,686 crore for March quarter 2021-22. The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,076 crore in the corresponding period previous year, according to a regulatory filing. Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period, it added.
The new platform will deliver insights that help brands accurately sense and fulfil consumer demand while significantly improving sales and operational performance.
Narayan Murthy says the software industry has boosted the international image of India like no other sector.
Narayana Murthy showed that he may be the greatest first-generation business leader of our times but he too is mortal.
Some media reports stated that Rohan has been designated as a vice president, which is a relatively senior position in the company.
Infosys Chairman N R Narayana Murthy has cautioned that any protectionism that prevents free flow of capital, human talent and technological expertise, would 'set the clock back by decades' in terms of growth in productivity.
N R Narayana Murthy, who stepped down as executive chairman of Infosys last month, says he is keen to take up a professorship so that he could be with younger people.
The challenge before Indian companies is to build brands that would have international recognition, N R Narayana Murthy, chief mentor, Infosys Technologies said on Tuesday.
The US-listed company, which has bulk of its employees in India, has appointed Gerhard Watzinger as interim chief executive with immediate effect.
Brokerage firm says recovery under Narayana Murthy to take longer than expected; stock dips 3%.
Infosys founder said that apart from the top 20 per cent of students who crack the tough IIT entrance examination and can 'stand among the best anywhere in the world,' quality of the remaining 80 per cent of students leave much to be desired.
Last year, salary increases were given only in October, when the company came under pressure from increments offered by peers.
"I would hope that the government would very respectfully request him to continue for one term or my preference would be two terms," Narayana Murthy said.
Infosys Chief Executive Officer-designate Vishal Sikka might be new to Indian information-technology (IT) services business, but his past credentials were enough for the company's shareholders to offer him a warm welcome at an Extraordinary General Meeting (EGM) that was called to seek approval for his appointment, among other things.
Starting its journey with a gross revenue of $5 million during its stock market debut on June 14, 1993, Infosys has reached dizzying heights, with a revenue of $10.93 billion in 2017-18
Shares of IT giant Infosys erased early gains and ended with a loss of nearly one per cent on the NSE today on profit-booking after the company named former SAP executive board member Vishal Sikka as its new CEO.
Infosys founder, N R Narayana Murthy, otherwise an admirer of the government, says he's unhappy at the way Sonia Gandhi and Manmohan Singh have handled the Lok Pal Bill issue.
I would prefer a government that is stable and progressive, a government that takes quick decisions, a government that is much more oriented towards creating jobs, and one that attracts a lot of foreign investments, says N R Narayana Murthy.
The Indian Institutes of Technology and IIT-JEE coaching institutes have not taken kindly to Infosys Technologies founder, N R Narayana Murthy's comment that questioned the quality of students at these institutions.
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.
At a time when speculation was rife about its course after the organisational rejig last week, Infosys on Friday validated the changes, exuding strong faith in its leadership pipeline and gave a clear signal that the company was unperturbed by the slew of senior exits in the recent past.
Infosys CEO Salil Parekh has got a massive 88 per cent jump in annual remuneration to Rs 79.75 crore, making him one of the highest-paid executives in the country. The software services firm has sought shareholders' approval for the reappointment of Parekh as chief executive officer and managing director for a second five-year term beginning July 1. According to the company's annual report released on Thursday, Parekh, 58, took home a salary of Rs 71.02 crore in the fiscal year ended March 31, 2022.
While some are raising questions over the company's ability to regain its position as the sector bellwether, others believe problems at the company may be "much bigger than anticipated".
Murthy was in Ahmedabad to attend the first convocation of Ahmedabad University.
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.
The US legal action is likely to further strengthen public opinion, at a time of high unemployment, against information technology outsourcing -- which is seen to take away jobs from locals.
The controversy arose following a statement made by Murthy at a press meet he addressed later at which he defended the playing of instrumental version of the national anthem to avoid embarrassment to foreigners present at the function.
Under a year of him as executive chairman, Infosys, has had "stellar" performance, N R Narayana Murthy said of his second innings at the top in an email to employees.
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