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.
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.
Sudha and Akshata Murthy's candid confessions about each other.
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."
The one-time bellwether of the country's IT industry has slid to the third spot in terms of revenue, overtaken by a relative upstart, Cognizant Technologies (TCS is the largest).
The National Association of Software and Services Companies (Nasscom) on Saturday welcomed re-appointment of N R Narayana Murthy as Infosys Executive Chairman, saying his insights into the company and the technology industry would be valuable.
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.
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.
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.
Padma Vibhushan awardee Murthy has stepped down as Infosys CEO but continues as its chief mentor and board chairman.
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.
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.
Information technology leader Ganesh Natarajan hailed N R Narayana Murthy's reappointment as executive chairman and additional director of Infosys on Saturday.
'Binary fission will happen -- startups will lead to more startups.'
The latest entrant into Kannada films is author and Infosys mentor Narayana Murthy's wife, who will be a part of Prarthane.
Terming payment systems as the backbone of a nation's financial infrastructure, N R Narayana Murthy, chief mentor of Infosys, on Wednesday called for widening the reach of the electronic payment system to rural areas.
Prime Minister Manmohan Singh sought an end to the cycle of violence in Kashmir while addressing an all-party meet in New Delhi on Tuesday."The key to the problem in Kashmir is a political solution that addresses the alienation and emotional needs of the people," said the PM. The prime minister proposed the setting up of an expert group headed by Dr C Rangarajan with N R Naryanmurthy, Tarun Das and others to formulate a jobs plan for the state.
Narayana Murthy, head of software giant Infosys Technologies, has been appointed Thailand Premier Thaksin Shinawatra's adviser on information technology matters.
Telugu actor-director MS Narayana passes away at 63.
Murthy's fund, which has invested through Catamaran Management Services, will hold 1.3 per cent in the company after the IPO.
Murthy created today's situation by pushing into leadership positions people who should not have been there.
The company's inflexibility on prices and margins and a tradition of rotating leadership roles amongst its founders have made it less nimble than rivals.
Cost cutting has begun to deliver; analysts say the real turnaround will come when Murthy's impact is evident on sales and delivery.
Having nurtured Infosys for the last three decades, Narayana Murthy would be succeeded by eminent banker K V Kamath as Infosys' Chairman with effect from August 21.
Having carved a niche for itself as a global outsourcing hub for services, India should now look at becoming the world's preferred manufacturing destination, Infosys chief mentor N R Narayana Murthy said on Thursday.
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.
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.
Software icon N R Narayana Murthy has blamed poor public governance for major ills faced by the country such as illiteracy, malnourishment, lack of sanitation facilities and dismal food and power management.
Murthy added that global economic scenario is not in good shape as developed economies are not performing well.
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.
Narayana Murthy, chairman and chief mentor of India's second-largest information technology services provider Infosys Technologies, has asserted that he has set up the Catamaran Venture Fund to occupy himself once he retires from Infosys in 2011.
The company should reward the confidence of the shareholders by returning some cash to them.
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.
Murthy, 68, will cease to be the non-executive Chairman with effect from Oct 10.
'If you really love your work and are good at it, it does not matter what is work and life.'
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