Shareholders bid adieu to the co-founder and chairman who will retire in August.
We have to speed up our responses to the critical areas that we have, he says.
Citing an example of traffic rule violation in the national capital, Infosys founder N R Narayana Murthy on Tuesday said that he feels uncomfortable coming to Delhi because it is the one city where indiscipline is the highest. While speaking at the All India Management Association (AIMA) Foundation Day, Murthy shared that people should treat community property better than personal property as one of the values to avoid issues of dishonesty in public governance. "I really feel very uncomfortable coming to Delhi, this is one city where indiscipline is the highest.
Concordia University confers honorary doctorate on Infosys founder N R Narayana Murthy.
There should be more scholarships to Indian students, Murthy said.
Education is merely seen as a means to further one's career. A bunch of entrepreneurs are trying to change this.
N R Narayana Murthy, chairman and chief mentor of Infosys Technologies, is considered to have set new benchmarks in corporate governance through the firm he founded. Last fortnight, he was chosen to head Nasscom's sub-committee on corporate governance.
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.
A joint house committee of the Karnataka Assembly has also recommended 'appropriate action' against those, including Infosys mentor N R Narayana Murthy, involved in the decision making process.
Poor economy should not be an excuse for laying off people especially in recession when it becomes inevitable for the corporate world, Infosys mentor N R Narayana Murthy said in Mumbai on Friday.
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.
The process is long-drawn, meticulous, and in consonance with the company's stated vision: 'To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people.'
Infosys Technologies, India's second-largest IT services firm, appears set on having an insider as its chairman when N R Narayana Murthy retires in August next year.
After making a strong opening, shares of Infosys further jumped 9 per cent to Rs 2,624.90 on the BSE.
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.
Software icon N R Narayana Murthy on Saturday backed Anna Hazare's movement against corruption and favoured the Prime Minister's Office and the judiciary coming under the ambit of the Lokpal Bill. The chairman and chief mentor of Infosys also supported people's movements taking to the streets to demand an end to corruption."I think in a democracy, pluralism is inevitable. It has to be there. That is what makes democracy stronger," Murthy told reporters.
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.
Catamaran Management Services, the venture capital fund promoted by Infosys Technologies Chairman N R Narayana Murthy, is free to exit SKS Microfinance.
Infosys Technologies appears to have set out on a journey of generational change which will unravel over the next few years.
Fundraisers held in New York, San Francisco and Atlanta for India-based non-government organisation Akshaya Patra that strives for wholesome school kitchens is expected to raise a whopping Rs 5 crore in charities this year. Arthur J Pais reports
Software icon N R Narayana Murthy has bemoaned that the 'elite' are going unpunished though they commit 'huge crimes' in the country and saw it as 'problem with this society'.
Other noted personalities to be bestowed with the Padma Vibhushan include noted playback singer Asha Bhosle, chess wizard Vishwanathan Anand, mountainer Edmund Hillary and industrialists Ratan Naval Tata, Infosys mentor N R Narayana Murthy, steel tycoon Lakshmi Narayan Mittal and hotelier P R S Oberoi.
Padma Vibhushan awardee Murthy has stepped down as Infosys CEO but continues as its chief mentor and board chairman.
Murthy will hand over his role to K V Kamath, who has been an independent director on the Infosys board since May, 2009.
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.
India will have to recruit local people at the front end of its operations to mitigate the discomfort and outsourcing fears, Infosys mentor N R Narayana Murthy said in Bengaluru on Tuesday.
Infosys mentor N R Narayana Murthy said on Monday there was no need for Indian IT industry to be apolgetic or shy about US outsourcing curbs during President Barack Obama's visit to the country next month.
The Indian corporate sector, he said, has been extremely fortunate in escaping the worst of the global financial crisis.
N R Narayan Murthy, chairman and chief mentor of IT major Infosys on Tuesday called on the Gujarat Chief Minister Narendra Modi and held discussions on a wide range of issues, including the setting up of a Infosys research centre in Gujarat.
After auto makers, PSA Peugeot Citron and Ford, IT major Infosys Limited is vying for land in Gujarat. N R Narayana Murthy, chairman and chief mentor of the company, will meet Gujarat Chief Minister Narendra Modi on Tuesday to discuss setting up of a campus in the state.
In a nation of 1.2 billion, only 62 per cent are literate. About 420 million poor live in only eight states.
Murthy joins the league of top corporate honchos who have launched private equity funds to assist budding entrepreneurs and upcoming ventures across various sectors in India.
N R Narayana Murthy, chairman and chief mentor of India's second-largest IT services firm Infosys Technologies, has christened his to-be-launched venture capital fund the 'Catamaran Venture Fund'.
Infosys chief mentor and chairman N R Narayana Murthy on Tuesday said the company co-founded by him will get his suitable successor well in time before his retirement in August 2011.
Since its inception in July 1981 with a capital of Rs 10,000 that the current chairman, N R Narayana Murthy, borrowed from his wife, Infosys has given stock options worth Rs 50,000 crore (Rs 500 billion) to employees.
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.
India has now seen a positive growth and youngsters have greater responsibility to make this growth sustainable, non-executive chairman and chief mentor of Infosys Technologies, N R Narayana Murthy, said on Saturday.
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.
N R Narayana Murthy, co-founder and chief mentor of India's second-largest IT services provider Infosys Technologies, is planning to invest in US-based clean technology venture capital fund Siderian Ventures.
Software giant Infosys on Friday came under the security blanket of Central Industrial Security Force (CISF), becoming the first private firm to be protected by the force which usually guards government installations.