Infosys was the worst performer among the bluechips on both the key indices.
Murthy said he was anguished by the allegations, tone and tenor of statements made by the Infosys board.
Nilekani is an organised person and his strength is simplification of complex ideas, said Murthy.
The Indian corporate sector, he said, has been extremely fortunate in escaping the worst of the global financial crisis.
A farmer attempted to commit suicide in Kadapa on Wednesday by jumping from a two-storyed building opposing creation of Telangana out of the state of Andhra Pradesh.
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'.
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.
Questioning the locus standi of the petitioner, the Supreme Court on Monday dismissed a Public Interest Litigation filed by former Member of Parliament M Narayana Reddy seeking a direction to the Andhra Pradesh assembly speaker to accept the resignation submitted by 139 MLAs on the Telangana issue.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
Hyderabad is likely to lose its status as the pharmaceutical capital of the country if the current political turmoil in Andhra Pradesh continues and the state is bifurcated, according to the head of the Bulk Drug Manufacturers Association (BDMA).
Murthy's fund, which has invested through Catamaran Management Services, will hold 1.3 per cent in the company after the IPO.
Narayana Murthy, chairman and chief mentor of India's second-largest information technology services provider Infosys Technologies, has asserted that he has set up the Catamaran Venture Fund to occupy himself once he retires from Infosys in 2011.
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Born in Kolkata, the Dadasaheb Phalke awardee currently resides in Bangalore after spending more than fifty years in Mumbai.
The Central Bureau of Investigation, probing the Satyam financial fraud, arrested three employees including a top executive of the IT firm on Sunday, said CBI deputy-inspector general V V Lakshmi Narayana.
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.
With corporate establishments coming under terror radar, software giant Infosys Technologies in Bangalore on Friday became the first private setup to get the cover of the Central Industrial Security Force (CISF) which usually guards only government installations.
Software giant Infosys Technologies will become the first private sector company in India to get security cover from the Central Industrial Security Force, with over 100 personnel to be formally inducted on Friday at its facility in Bangalore.
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Rahul is fascinated by history and ancient texts
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Business leaders met Manmohan Singh to discuss the problems facing the country.
The film attracted lot of attention even before its release mainly because it was expected that Dasari would use Mesthri as a platform to attack Telugu film industry's leading star Chiranjeevi who is testing his strength in the political waters of Andhra Pradesh. Mesthri is directed by Suresh Krishna who had earlier directed Chiranjeevi's film Daddy.
Nandan Nilekani is stepping down to take up a bigger cause -- heading a government project to provide a unique identity to each of India's citizens. S Gopalakrishnan, the CEO and MD of Infosys and a co-founder of the company, tells Bibhu Ranjan Mishra what Nilekani's exit means for the company.
Rahul Gandhi on Tuesday launched a scathing attack on the government on the issue of intolerance telling it not to learn the "wrong lessons" from the Pakistan.
Padma Vibhushan awardee Murthy has stepped down as Infosys CEO but continues as its chief mentor and board chairman.
Murthy shared his opinion on who will take over as the next chief after his retirement, saying that Infosys has a lot of talented people and indirectly hinted out that somebody loyal to the organisation will take the charge, selected mainly on the basis of merit and competence.
The way to succeed for any new start-up company in the IT services field is to focus on niche areas or small verticals and doing some unusual things, N R Narayana Murthy, chief mentor of Infosys told reporters.
Pavin Rao, a 28-year company veteran, to be second-in-command at Infosys.
While some are raising questions over the company's ability to regain its position as the sector bellwether, others believe problems at the company may be "much bigger than anticipated".
Narendra Kumar Patni, pioneer of India's information technology (IT) services revolution, passed away in the US.
Telugu actor Mohan Babu completed 40 years in film industry, and he celebrated with a grand event at the Indira Priyadarshini grounds in Visakhapatnam city, Andhra Pradesh.
'Kerala will witness a lot of fireworks in Wayanad and a kind of fight that it has not witnessed so far.'
United States Secretary of State Hillary Clinton on Saturday had a breakfast meeting with top honchos of India Inc at the iconic, sea-facing Taj Hotel in Mumbai. Amongst those from India Inc who were present at the meeting included Ratan Tata, chairman of Tata Group and Reliance Industries' Mukesh Ambani. Others present were the chiefs of India's two largest banks, O P Bhatt of State Bank and Chanda Kochhar of ICICI Bank, Swati Piramal and Sudha Murthy.
A look at star arrivals.
Nandan Nilekani exits for a high-profile govt job, but two low-profile founders have built successful careers after quitting.
'Our drains are not filled with bodies, our hospitals not run out of beds.' 'That good news, or absence of expected bad news, is the truth that so many in the international community, and also within India, seem unable to handle,' notes Shekhar Gupta.
Our readers from across India have shared their mesmerizing travel pics.
Journeys from the mountains to the temples.
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