Not only has the gap between Infosys and the market leader Tata Consultancy Services increased in recent quarters, even Cognizant has overtaken Infosys.
His stepping down from the NDTV board has now sparked off speculation over whether he too is going the Nandan Nilekani way to take up a governmental responsibility.
Murthy said moral weakness and incompetence of the chairman of the board are the main reasons behind corporate scams.
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.
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.
We have to speed up our responses to the critical areas that we have, he says.
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.
The Lokpal was functioning without its regular chief since Pinaki Chandra Ghose completed his term on May 27, 2022.
Bangalore-based Narayana Hrudayalaya Hospitals (NHH) which is setting up Rs 600 crore Health City in Bangalore, announced that they plan to build low-cost heart hospitals across India with collective capacity of 30,000 beds in the next 5-7 years time.
Infosys chief mentor Narayana Murthy gave this speech at the NYU Stern School of Business.
N R Narayana Murthy, chief mentor of Infosys Technologies, on Friday supported the joint venture between Bharti Enterprises and Wal-Mart saying the Indian partner would benefit from the world's largest retail chain's expertise and technology.
Murthy's induction took place after the board hosted a reception to welcome Narayana Murthy chief mentor of Infosys to the board in his home country.
Stoking yet another controversy, the Bharatiya Janata Party in Kerala on Friday described social reformer and Dalit icon Sree Narayana Guru, who belonged to the backward Ezhava caste, as the greatest "Hindu sanyasi" the state has ever seen.
'We all work hard and save money, and later spent it in hospitals!'
'If India has to succeed in the global, knowledge-based economy, literacy and decent higher education for all Indians become critical'
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.
'For the first time in India since the year 1600, we have an opportunity to participate in the global bazaar.'
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.
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.
A lot of my decisions are based on idealism, says N R Narayana Murthy
The chief mentor of Infosys Technologies urged that such tragedies should not recur.
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.
'There has been a huge shift. Consumer needs and requirements have changed, and differ from city to city.'
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.
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."
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.
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 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.
The Rajya Sabha election scene in Karnataka heated up with the Bharatiya Janata Party-Janata Dal (Secular) combine fielding its second candidate, even though the alliance has the strength to win only one out four seats.
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.
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 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).
If the gift is received from a relative, there is no tax implication. But if the gift is received from a non-relative and exceeds Rs 50,000 in value during a financial year, the entire value of the gift is taxable.
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.
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