Catamaran Management Services, the venture capital fund promoted by Infosys Technologies Chairman N R Narayana Murthy, is free to exit SKS Microfinance.
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.
Infosys chief mentor N R Narayana Murthy has said his 22-year-old son Rohan does not want to step into his shoes and hinted he may have a venture of his own.
A lot of my decisions are based on idealism, says N R Narayana Murthy
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.
Rohan Murthy, the only son of his parents, has found his life partner in Lakshmi Venu, the 26-year-old daughter of TVS Motor co-chairman Venu Srinivasan. In no time after confirmation from the bride and the groom, the two families sealed the merger of souls with their engagement in Chennai on Friday evening.
He also talks on the US challenge and on India's relations with China.
Joining the debate on working hours, IT services company Capgemini India's chief executive Ashwin Yardi on Tuesday advocated 47.5 hours work per week, and was against sending e-mails to employees on weekends. He was speaking at Nasscom Technology and Leadership Forum (NTLF) in Mumbai.
President Kalam, while interacting with trainees at the Infosys' Global Education Centre in Mysore, acknowledged that Murthy's appointment to the top post would be 'fantastic.'
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.
Narayana Murthy is akin to being the first man on the moon for the IT services industry.
Britain's former prime minister was spotted at the JLF on Saturday and at the Wankhede on Sunday.
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.
Many corporate leaders have dived back into the fray and helped their companies clamber out of graveyard.
Infosys is currently working on lot of tools and technology that will enhance an individual's productivity, he said.
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
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.
Indian IT industry had expressed concerns over the visa restrictions set out in the US Immigration Reform Bill that could hit their business hard.
Narayana Murthy showed that he may be the greatest first-generation business leader of our times but he too is mortal.
"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.
Murthy met Delhi Chief Minister Arvind Kejriwal last week.
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
Listening to Narayana Murthy and Prannoy Roy talk was a scintillating experience.
Murthy said moral weakness and incompetence of the chairman of the board are the main reasons behind corporate scams.
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.
Focus on the quality of work and not on the quantity, as one can change the world in 10 hours, Mahindra Group Chairman Anand Mahindra said on Saturday, joining the debate on a 90-hour work week.
Leaders who built and manage these incredible global companies cannot be tyrants, slave-drivers, or idiots. Essentially what they are saying falls under the definition of rallying the troops, inspirational talk, like the usual coach-speak with the team before a match, asserts Shekhar Gupta.
'If you really love your work and are good at it, it does not matter what is work and life.'
'Can we give young India the tools to solve the problems the country or society faces and uplift the community?'
Murthy shares some of the key life events that influenced him.
Ekagrah Rohan Murty, NR Narayana Murthy's five-month-old grandson who was gifted a whopping 15 lakh shares by the Infosys founder recently, is set to earn Rs 4.20 crore, thanks to the Bengaluru-IT company declaring a bumper final and special dividend totalling Rs 28 per share. Murthy had gifted 15 lakh shares to Ekagrah valued at a staggering Rs 240 crore at that time, making the five-month-old the youngest millionaire shareholder of India's second-largest IT company.
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.
Sudha and Akshata Murthy's candid confessions about each other.
The 34th annual general meeting (AGM) of IT major Infosys held Monday was an exceptional one.
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.
There should be more scholarships to Indian students, Murthy said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances