Catamaran Management Services, the venture capital fund promoted by Infosys Technologies Chairman N R Narayana Murthy, is free to exit SKS Microfinance.
He also talks on the US challenge and on India's relations with China.
In an hour-long chat on rediff.com, one of India's most respected CEOs talks about leadership, the vision he has for the company, the impact of the rupee, et cetera.
Murthy met Delhi Chief Minister Arvind Kejriwal last week.
Infosys is currently working on lot of tools and technology that will enhance an individual's productivity, he said.
Many corporate leaders have dived back into the fray and helped their companies clamber out of graveyard.
Software major Infosys Technologies Ltd is not pursuing its American Depository Receipt plans, as it feels the time is not conducive for another offshore listing and would opt for a "wait and watch" approach.
We have to walk a very fine line between our desire to mobilise more and more taxes or having higher percentage of taxes, he says
Narayana Murthy is akin to being the first man on the moon for the IT services industry.
"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.
Listening to Narayana Murthy and Prannoy Roy talk was a scintillating experience.
As a major contributor to exports, the IT industry has greater responsibility to perform better in view of the huge Current Account Deficit facing India, said N R Narayana Murthy, whose appointment as Infosys Executive Chairman was ratified by shareholders on Saturday.
Indian IT industry had expressed concerns over the visa restrictions set out in the US Immigration Reform Bill that could hit their business hard.
An Oxford, and Stanford University alumnae, Sunak is famously married to Akshata Murty, the daughter of billionaire Narayana Murthy.
Narayana Murthy showed that he may be the greatest first-generation business leader of our times but he too is mortal.
Murthy shares some of the key life events that influenced him.
In an interview with CNN-IBN, Infosys founder Narayana Murthy urges activist Anna Hazare to end his indefinite fast for the implementation of the Jan Lokpal Bill
Murthy said moral weakness and incompetence of the chairman of the board are the main reasons behind corporate scams.
The 34th annual general meeting (AGM) of IT major Infosys held Monday was an exceptional one.
N R Narayana Murthy, co-founder of Infosys, blamed the venture capitalist community for inculcating a culture among entrepreneurs to chase growth at all costs. He said the VC model of investment looked like a ponzi scheme. "I would hold venture capitalists responsible who propounded the theory that only the top-line is important and not the bottom-line. "I think that is completely wrong. In many ways it looks like a ponzi scheme.
The government has kicked off a new employment survey to create closer-to-real-time credible information, the first tranche of which is expected to be revealed in December next year.
There should be more scholarships to Indian students, Murthy said.
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.
Dismissing reports that he might step down from office to take up a diplomatic assignment, Infosys Chairman and Chief Mentor N R Narayana Murthy on Saturday said he would continue to be at the helm of affairs till he is 60 in August 2006.\n\n
The chief mentor of Infosys Technologies urged that such tragedies should not recur.
Indian Sellers Collective (ISC), a trade association of micro and small enterprises and family businesses, on Wednesday urged IT veteran NR Narayana Murthy to cooperate in the Competition Commission of India's antitrust probe against Amazon for alleged anti-competitive practices. In 2014, Murthy's Catamaran and Amazon had formed a joint venture, Prione Business Services. On Monday, the partners announced that they have mutually decided not to continue the JV beyond May 2022. ISC thanked Murthy for deciding to end the joint venture with Amazon.
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.
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'.
The culture clash isn't the only issue - most of the founders are still wary of risky bets while the new management thinks calculated aggression is necessary in the new world of business, says Shyamal Majumdar.
The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.
One needs to bring differentiation to succeed: Murthy
Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.
Murthy's letter comes even as Sikka celebrates the completion of three years at the helm of India's second largest software exporter.
Rishi Sunak, Sailesh Vara and Suella Fernandes were the three new Indian-origin MPs to be inducted into the Theresa May govt.
'We need good teachers at the primary, secondary and higher education levels.'
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.