Infosys will now be headed by its senior most founding member Nandan Nilekani, who was the CEO and MD. No decision had been taken on appointment of the new Chairman, company sources said.
Infosys employees presented Murthy and his family members a sketch of his on a rice grain.
Its longest-serving CEO (he held the position from 1981 to 2002), he leaves Infosys when the gap between it and the number one information technology services company (TCS) is growing wider.
We have to speed up our responses to the critical areas that we have, he says.
An Oxford, and Stanford University alumnae, Sunak is famously married to Akshata Murty, the daughter of billionaire Narayana Murthy.
'If India has to succeed in the global, knowledge-based economy, literacy and decent higher education for all Indians become critical'
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.
Describing Murthy as a business icon, T V Mohandas Pai, former CFO of Infosys, said he is more than eminently suited to hold the position of Chairman Emeritus.
Reader Girish spotted Nagavara Ramarao Narayana Murthy, better known as N R Narayana Murthy, one of the seven founders and now the chief mentor of Infosys Technologies, at the Indian Institute of Management, Bangalore in April 2008.
Infosys chief mentor N R Narayana Murthy has been given the 'Lifetime Achievement Award' by IT magazine Dataquest for building an institution that has changed the IT scenario in the country.
Infosys chairman NR Narayana Murthy has been appointed to the board of trustees of Asia Business Council, a non-profit consortium of 43 CEO-level business leaders, mainly from Asia.
Infosys chief mentor N R Narayana Murthy on Friday said rupee appreciation was a macro-economic issue and called upon corporates to become more efficient, productive and reduce costs.
N R Narayana Murthy, who returned as Executive Chairman of Infosys on Saturday, said he will be more effective with his son Rohan as an Executive Assistant but made it clear the latter has no leadership role.
The Second Additional City and Chief Metropolitan Magistrate M Mujahid Ulla ordered issue of summons returnable on June 21 and registering of a criminal case under Section 3 of the Prevention of Insult to National Honour Act 1971.
However, talking to media persons later, Murthy advocated another term for Kalam as President.
What do you think about Narayana Murthy stepping down? Will Infosys be the same again without him at the helm? Will it keep growing at the scorching pace it has set?
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Infosys chairman N R Narayana Murthy has emerged as India's most admired business leader for the fourth consecutive year, according to a survey by brand consulting, advertising and PR firm Brand-comm.
Founder of software giant Infosys, N R Narayana Murthy on Monday said he was positive that the company's first centre would come up in the metropolis."
N R Narayana Murthy, Chairman, Infosys, has plans to turn the company into a bigger, stronger, and global player.
Expressing shock over the killing of a Karnataka official, said to be a whistle-blower in some controversial land allotments, Infosys founder N R Narayana Murthy on Sunday said the first priority of the government should be to protect honest officers.
He was accompanied by Hindustan Lever Limited chairman Vindi Banga, ICICI CEO K V Kamath and a member of the Board of Governors.
Infosys co-founder N R Narayana Murthy is among the 12 "greatest entrepreneurs of our time" according to a Fortue magazine list that is topped by Apple's late chief Steve Jobs.
Britain's Prince Edward and former prime minister Rishi Sunak were also at the game.
What do you think is the right way to go?
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.
Cricket back in Olympics after 100 years because of India: Former UK PM Sunak
Industry body Nasscom on Wednesday said it has formed a corporate governance and ethics committee to prevent Satyam-like incidents in future.
The current executive co-chairman S Gopalakrishnan will be re-designated executive vice-chairman while S D Shibulal, who was one of the seven engineers to launch the company in 1981 by pooling together $250, will continue as Chief Executive Officer (CEO).
The controversy arose following a statement made by Murthy at a press meet he addressed later at which he defended the playing of instrumental version of the national anthem to avoid embarrassment to foreigners present at the function.
Murthy's life story is to be the content of a new comic to be brought out by Amar Chitra Katha, the popular comic book series, making him the first living person to be featured in the Amar Chitra Katha series, which mostly focuses on popular Indian myths and legends.ACK Media, the publisher, will follow this up with stories of famous personalities like cricketer Sachin Tendulkar and former Indian President and Bharat Ratna award winner, APJ Abdul Kalam.
A similar case is still pending before a court in Mysore. The case is expected to come up for hearing shortly.
Expressing hope that new Finance Minister P Chidambaram will "set right" things at the earliest, business leader NR Narayana Murthy on Friday said the government and the opposition should declare that they would never do anything on "retrospective basis".
In a major top management re-shuffle, Infosys on Saturday said it has re-appointed N R Narayana Murthy as executive chairman and additional director with immediate effect.
Infosys Technologies chief mentor N R Narayana Murthy would be joining the board of trustees of TiE Inc (Global), a world-wide network of entrepreneurs and professionals dedicated to fostering entrepreneurship.\n\n
After guiding Infosys to become one of the most admired IT companies in the world, N R Narayana Murthy will step down as its executive chairman on Sunday, amid firm indications that he would continue to call the shots.
Murthy indicated that it was the board's wish that he should continue as the chief mentor
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