'Binary fission will happen -- startups will lead to more startups.'
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 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.
Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey on Friday cited studies to state that spending over 60 hours a week on work could have adverse health effects. The survey noted that spending long hours at one's desk is detrimental to mental well-being and individuals who spend 12 or more hours (per day) at a desk have distressed or struggling levels of mental well-being.
The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.
The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.
A video post on Reddit, which has since gone viral, shows the L&T chief saying, 'I regret that I am not able to make you work on Sundays, to be honest. If I can make you work on Sundays, I will be more happy because I work on Sundays also.'
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.
One needs to bring differentiation to succeed: Murthy
Weighing in on the 90-hour workweek controversy, ITC Ltd chairman Sanjiv Puri said that it is more important for the workers to be aligned to the grander vision of the company rather than the number of hours put in. Giving an analogy of many workers building a castle, he said, "If you ask a mason what he is doing, he might say he is laying a brick, another might say he is building a wall but some might say he is building a castle.
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'.
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.
'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'
The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.
Sudha Murty, who was on Friday nominated to the Rajya Sabha by the President, holds a 0.83 per cent stake in IT bellwether Infosys which at current prices is worth close to Rs 5,600 crore. The 73-year-old philanthropist is the wife of Infosys co-founder NR Narayana Murthy. She is the chairperson of the Murty Trust and has authored several books.
Modi asserted in a post on X that her presence in the Upper House is a powerful testament to 'Nari Shakti' (women power), exemplifying the strength and potential of women in shaping the nation's destiny.
Rishi Sunak, Sailesh Vara and Suella Fernandes were the three new Indian-origin MPs to be inducted into the Theresa May govt.
'They sell such ideas in the name of 'national interest'.' 'What national interest are they talking about?' 'There is no national interest in this. The only interest that is there is their profit.'
'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.
How would Sudhaji react to these photographs of her beloved son-in-law Rishi Sunak fishing?
Engineer-turned-philanthropist Sudha Murty on Thursday took oath as Rajya Sabha MP in the presence of her husband N R Narayana Murthy.
Murthy's letter comes even as Sikka celebrates the completion of three years at the helm of India's second largest software exporter.
The book also mentions how Murthy was averse to his wife joining Infosys despite being a fine engineer who knew she could contribute far more solidly to the company than helping with only the odds and ends that her husband assigned to her.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
'A person is supposed to do 40 to 42 hours of work a week.' 'If a person is working more that, it is exploitation.' 'And it is because of this exploitation that employees experience stress which affects their mental health.' 'Sometimes it even leads to ending their lives. It is very unfortunate.'
A readout of the meeting reportedly said Lord Johnson "made clear that he was keen to see a bigger Infosys presence in the UK and would be happy to do what he could to facilitate that".
'We all work hard and save money, and later spent it in hospitals!'
Union Finance Minister Nirmala Sitharaman, former chief minister B S Yediyurappa, IT industry veteran N R Narayana Murthy along with wife Sudha Murty, and Mysuru royal family member 'Rajamate' Pramoda Devi Wadiyar, were among the early voters who cast their ballot in the Karnataka Assembly polls.
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.
The chief mentor of Infosys Technologies urged that such tragedies should not recur.
The British prime minister, who is of Indian origin, has often emphasised his Hindu roots and said he is proud of it.
'Samsung declared they would not allow the presence of any trade union.' 'This is unacceptable as the rule of law in India permits employees to have a trade union.' 'So, the crux of the strike is this.'
The CEO or the leader must definitely reap benefits proportionate to the benefits derived by the company.
As he prepares to step down, Infosys chairman N R Narayana Murthy reflects on the company he built, the future of IT and the effects of globalization.
Capitalism, grounded in the twin pillars of a free market and entrepreneurship, is the singular solution to addressing the issue of poverty in India and any country, N R Narayana Murthy, co-founder of Infosys, said during a fireside chat moderated by Nikhil Kamath, co-founder of the brokerage platform Zerodha. "The government should function as a fair and transparent regulator. "On the entrepreneurs' side, they must recognise themselves as evangelists for capitalism.
The availability of domestic capital to fund startups and an ability to attract talent in the early days are among the biggest challenges faced by entrepreneurs, Infosys co-founder N R Narayana Murthy said on Thursday. "It is desirable to create a policy that makes it attractive for domestic institutions like family offices of HNIs (high net-worth individuals), insurance companies or large corporations to invest in venture capital funding," he said at the T N Chaturvedi Memorial Lecture 2024 in New Delhi's Prime Ministers' Museum and Library.
Infosys co-founder N R Narayana Murthy stirred a storm on X when he said young people should work 70 hours a week to level up the country's productivity. In a conversation with former Infosys CFO Mohandas Pai in the inaugural episode of 3one4 Capital's podcast 'The Record,' Murthy said that youngsters should put extra hours at work to compete with leading economies. "India's work productivity is one of the lowest in the world. Unless we improve our work productivity...we will not be able to compete with those countries that have made tremendous progress," he said, comparing India with China, Japan and Germany.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances