The country would see more economic progress if the private sector was left to run business without government interference, Infosys founder N R Narayana Murthy has said at the Jaipur Literature Festival.
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.
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.
'If India has to succeed in the global, knowledge-based economy, literacy and decent higher education for all Indians become critical'
Sexual harassment charge is fabricated: Phaneesh Murthy
Grandchildren and books will take up most of NR Narayana Murthy's time after he retires for the second time from the company he co-founded with six friends over three decades ago.
Infosys co-founder N R Narayana Murthy on Wednesday said exit of his investment firm Catamaran from SKS Microfinance, which is in the thick of controversies, was legally not possible at this juncture.
Murthy's induction took place after the board hosted a reception to welcome Narayana Murthy chief mentor of Infosys to the board in his home country.
In an interesting session at the TiE Summit i Mumbai, Ratan Tata and Narayana Murthy shared their views on each other, entrepreneurship, trust, politicians and their experience of being at the helm of India's most reputed companies.
Infosys chief mentor N R Narayana Murty's son Rohan Murthy, a qualified engineer, also seems to know the craft of jewellery making, as he spent seven-and-a-half hours to make a platinum ring for fiance Lakshmi Venu.
Murthy's fund, which has invested through Catamaran Management Services, will hold 1.3 per cent in the company after the IPO.
Murthy's letter comes even as Sikka celebrates the completion of three years at the helm of India's second largest software exporter.
Deve Gowda had said that the Infosys boss had made no contribution in the last five years to bring the Bangalore International Airport Limited to fruition.
The latest entrant into Kannada films is author and Infosys mentor Narayana Murthy's wife, who will be a part of Prarthane.
Will Murthy's return change the fortunes of Infosys? If yes how soon will the table be turned?
Asked about his relationship with the founders, Sikka said: "My relationship with the founders? It is wonderful. I meet Mr Murthy quite frequently...I have always had a heartfelt warm relationship with Mr Murthy, probably meet him 4-5-6 times a year."
His stepping down from the NDTV board has now sparked off speculation over whether he too is going the Nandan Nilekani way to take up a governmental responsibility.
Infosys chairman N R Narayana Murthy may still be smarting from a spat with a politician, but he was on Saturday asked by Singapore's Prime Minister Lee Kuan Yew
The three aspects of ensuring success for any entrepreneur are innovation, ability to use innovation to create service and products that add value to customers, and the ability to communicate the value to customers, according to Infosys chairman N R Narayana Murthy.
The Indian corporate sector, he said, has been extremely fortunate in escaping the worst of the global financial crisis.
N R Narayana Murthy addressed Infosys staff on Thursday for the first time since taking charge of the beleaguered company as the executive chairman.
Murthy has funded 10 start-ups in India and 3 abroad. Murthy-funded firms like Geodesic, Webdunia, EasyBuy, CareerLauncher, Tulleeho and Pinstorm, his latest venture are today successful companies.
Padma Vibhushan awardee Murthy has stepped down as Infosys CEO but continues as its chief mentor and board chairman.
Information technology leader Ganesh Natarajan hailed N R Narayana Murthy's reappointment as executive chairman and additional director of Infosys on Saturday.
Narayan Murthy says the software industry has boosted the international image of India like no other sector.
'We all work hard and save money, and later spent it in hospitals!'
Infosys co-founder and chief mentor N R Narayana Murthy and Infosys Foundation chairperson Sudha Murthy's daughter, Akshata, is all set to tie nuptial knot with an Indian classmate of hers from Stanford Business School on August 29, family sources said.
Infosys chief mentor, N R Narayana Murthy is likely to become the non-executive chairman of the National Payment Corporation of India (NPCI) being set up to handle the retail payment operations of the Reserve Bank of India.
The way to succeed for any new start-up company in the IT services field is to focus on niche areas or small verticals and doing some unusual things, N R Narayana Murthy, chief mentor of Infosys told reporters.
'Indian companies has a responsibility to create jobs for Americans, too'
While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats.
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
Cost cutting has begun to deliver; analysts say the real turnaround will come when Murthy's impact is evident on sales and delivery.
An influential group of Indian American doctors has campaigned at the Capitol Hill for Dr Vivek Murthy, who has been nominated by President Barack Obama for the post of surgeon general of the United States.
California-based law firm, Aiman-Smith & Marcy, said that iGate's head of investor relations Araceli Roiz was pregnant with Murthy's child.
Praising Delhi Chief Minister Arvind Kejrival for some of the work he has done, Infosys Executive Chairman N R Narayana Murthy on Thursday said the Aam Aadmy Party leader needs to be reasonable with business.
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