NARAYANA MURTHY

  • Tremendous opportunity for Infosys ahead, excited to work here: Sikka June 12, 2014

    New Delhi: The ITconglomerate Infosys to appoint Vishal Sikka as the Chief Executive Officer and Managing Director with effect from June 14. The decision was taken by the Infosys Board of Directors. Sikka was, until recently, a member of the Executive Board of SAP AG, leading all products and driving innovation...
  • Live: Infosys welcomes Vishal Sikka as the CEO, Murthy wishes him luck June 12, 2014

    Infosys will appoint Vishal Sikka as the Chief Executive Officer and Managing Director with effect from June 14. The decision was taken by the Infosys Board of Directors. He will take over as CEO and MD from SD Shibulal on August 1, 2014. ...
  • Infosys to appoint Vishal Sikka as CEO, MD; Murthy to be designated as Chairman Emeritus June 12, 2014

    New Delhi: The ITconglomerate Infosys will appoint Vishal Sikka as the Chief Executive Officer and Managing Director with effect from June 14. The decision was taken by the Infosys Board of Directors. He will take over as CEO and MD from SD Shibulal on August 1, 2014. Sikka was, until recently,...
  • No decision yet on new CEO, search still on: Infosys May 31, 2014

    Country's second largest software services firm Infosys on Saturday said it is yet to take a decision on its next CEO and MD and the search process is still on. The remark from the Bangalorebased company comes in the wake of reports suggesting that Infosys' search for the new CEO, who...
  • Infosys faces shortage of leadership, says former CFO Mohandas Pai May 29, 2014

    New Delhi: India's secondlargest software services firm Infosys, which has seen a spate of departures by top executives, is facing a "shortage of leadership," former chief financial officer TV Mohandas Pai said on Thursday. The company's "prolonged search" for a chief executive officer is creating "stress" among Infosys employees, said Pai,...
  • BG Srinivas quits Infosys; company sees 10th big exit in one year May 28, 2014

    New Delhi: BG Srinivas, President and Member of the Board, resigned from Infosys with effect from June 10, a company press release said. This is the 10th highprofile exit from the company in the last one year. Infosys has been seeing a string of exits since Narayana Murthy returned for...
  • Kiran Mazumdar Shaw regrets praising Narayana Murthy's son in tweet April 23, 2014

    Bangalore: You may express regret over a tweet attacking or criticising somebody. But, you don't do it for praising somebody. Bangalore's corporate world has witnessed one such rare incident on Wednesday. Kiran Mazumdar Shaw, chairman and managing director of Biocon apologized for her tweet praising Rohan Murthy, son of the...
  • Infosys says staff exodus a worry after Q4 profits beat estimates April 15, 2014

    Staff left India's second largest IT services exporter Infosys Ltd at an unprecedented pace in the last quarter, worrying its management and raising investors' concerns about its ability to win lucrative contracts even as it posted a higher-than-expected net profit for the period. Retaining staff is a challenge for...
  • Infosys gives 6-7 per cent wage hike to employees April 15, 2014

    Country's second largest software services firm Infosys has raised salaries of its employees in the country by 6-7 per cent and by 1-2 per cent for onsite workers, effective April 1. "We have increased salaries. We have given salary hikes of 6-7 per cent for offshore and 1-2 per cent onsite...
  • Infosys shares jump 5 per cent post Q4 results April 15, 2014

    Shares of Infosys on Tuesday rose nearly five per cent after the company reported 25 per cent increase in net profit for the quarter ended March 31, 2014. The scrip of the country's second largest software services firm opened the day on a positive note and further gained four per cent...
  • Infosys is on headhunting for a CEO April 12, 2014

    Bangalore: Infosys chief executive officer SD Shibhulal will step down from the company by January 9, 2015, sending India s second-biggest software exporter on a hunt for his successor. Shibulal, one of the seven Infosys founders, wants to retire as CEO of the company on or before January 9, 2015,...
  • Staff exodus to weigh on Infosys turnaround efforts April 11, 2014

    An exodus of senior executives and staff at India's second largest IT outsourcing firm, Infosys Ltd, could hamper efforts to win lucrative contracts in the United States and Europe, and weigh on its profit growth outlook for this year. Nearly a fifth of the workforce had left the company in the...
  • Infosys Innovating for a Better Tomorrow: Empowering India April 6, 2014

    Infosys joins hands with Network 18 in bringing forth fascinating stories behind innovations that have transformed India. The Barefoot college under the leadership of Bunker Roy is training thousands of illiterate women across India to assemble solar panels to light up their village. ...
  • Infosys to set up SEZ in Indore with Rs 400 crore investment February 24, 2014

    IT major Infosys on Monday laid the foundation stone of its proposed SEZ which will be created with an initial investment of Rs 400 crore. The foundation-laying ceremony of the SEZ, to be constructed on 130 acres of land, was held at the Super Corridor on the outskirts of city...
  • Nonperformers at Infosys may be asked to leave: Narayana Murthy February 20, 2014

    New Delhi: Software services giant Infosys, which employs 1.5 lakh people, may hand over pink slips to those who "did not add value" despite "high salaries" as it looks to cut costs and increase operational efficiency. Infosys Executive Chairman NR Narayana Murthy, who returned last June from retirement to head...
  • Infosys Science Awards: Three of the seven awardees are women February 9, 2014

    Seven of the country's brightest minds gathered together at the 2013 Infosys Prize ceremony given every year to research in the basic sciences to recognize path breaking, independent work. The prize comprising a citation and a cash prize of Rs. 55 Lakh is a big boost for Indian scientists....
  • Arvind Kejriwal must be reasonable with business: Narayana Murthy February 6, 2014

    New Delhi: Infosys Executive Chairman Narayana Murthy said that the tremendous success of Aam Aadmi Party has given fillip to many people. "It is very important for Arvind Kejriwal to be reasonable with business otherwise business will not be able to create jobs," he added. Murthy further said that the trend...
  • AAP must stop practising economics of 1940s and 50s: Narayana Murthy January 20, 2014

    New Delhi: Infosys Executive Chairman Narayana Murthy is the latest civil society voice to praise the AAP's political debut. In an exclusive interview to CNNIBN, Narayana Murthy, however, said AAP must stop practising the economics of the 1940s. He was speaking to CNNIBN Deputy Editor Sagarika Ghose. Here is an excerpt...
  • Despite toplevel exits, Infosys stock up 50 per cent since Murthy return December 25, 2013

    Despite highlevel exits since June this year, Infosys shares still retain a gain of nearly 50 per cent since its founder N R Narayana Murthy returned to the helm of affairs at the country's second largest IT firm. In the eighth major exit since the return of Murthy six months ago,...
  • Sensex ends 21.31 points higher at 21,101.03 December 23, 2013

    The Sensex ends up 21.31 points at 21101.03, and the Nifty closes below at 6284.50, up is 10.25 points. About 1579 shares have advanced, 915 shares declined, and 166 shares are unchanged. The market is holding up gains in the last trading week of the year. The Sensex is...
  • Infosys to hire around 16,000 engineers next year: Narayana Murthy December 18, 2013

    India's second largest software services firm Infosys will hire up to 16,000 engineers next year, the company's Chairman NR Naryana Murthy said on Wednesday. "We have already started the hiring process for next year. We will be hiring around 15,00016,000 engineers for next year and are already in process," Murthy said...
  • Modi should be allowed to show contrition to move on: Narayana Murthy December 14, 2013

    Infosys chief NR Narayana Murthy on Saturday said that Gujarat Chief Minister Narendra Modi should be allowed to show a "sense of contrition" and then move on as otherwise the debate on him in the context of the postGodhra riots would be unending. "When it came to the discussion of a...
  • Give thrust to problem solving in higher education: Murthy November 12, 2013

    Infosys cofounder and Executive Chairman NR Narayana Murthy, on Tuesday, said higher education and research in the country has to give more thrust towards solving problems. "I'm very positive about the trend of scientific research in India; ....a thrust has to given by higher education and scientific research in the country...
  • Infosys agrees to pay $34 million in US visa case October 31, 2013

    Washington: Tech services giant Infosys Ltd agreed on Wednesday to pay $34 million to end a US investigation related to the widespread practice by Indian firms of flying workers to client sites in the United States on temporary visas. The settlement, which the US Justice Department said was the largest in...
  • India @ 9 with Bhupendra Chaubey October 18, 2013

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: India hunts for treasure in Unnao, PIL seeks SC monitoring October 18, 2013

    Even as the Archaeological Survey of India (ASI) started the excavation work at the Unnao fort of former king Raja Ram Bux Singh on Friday to search for 1,000 tonnes of gold reportedly buried under it, a PIL has been filed in the Supreme Court asking the court to monitor...
  • Coalgate: Murthy slams FIR, says Birla is a respected man October 18, 2013

    New Delhi: Following the CBI FIR which accused Aditya Birla Group Chairman Kumar Mangalam Birla in the coal block scam, Infosys chief NR Narayana Murthy has come down strongly on the investigating agency saying that such moves could damage India's reputation among foreign investors. "Kumar Mangalam is one of the most...
  • Narayana Murthy has clearly articulated son's role, says Infosys MD October 11, 2013

    Rohan Murty, Infosys cofounder NR Narayana Murthy's son, is working as an executive assistant to his father, CEO and Managing Director SD Shibulal said, on Friday, addressing concerns about his role. Narayana Murthy, who returned to Infosys in June as Executive Chairman of the Board to help the embattled IT behemoth,...
  • 'Centenary celebrations of Indian cinema is a disgrace to Telugu film industry' September 25, 2013

    Chennai: Telugu producer Katragadda Murari has called the recently concluded centenary celebrations of Indian cinema a 'disgrace' for the Telugu film industry as several veterans were not invited and those who attended were not given due respect. Telugu actorfilmmaker R Narayana Murthy left the function midway. The fourday (Sep 2124) centenary...
  • I'm not a great fan of running company based on visas: Murthy September 6, 2013

    Mumbai: Admist concerns over the visa curbs set out in the US Immigration Reform Bill, Infosys Chairman N R Narayana Murthy said Indian IT firms need to hire more locals for their onsite operations and that he is not a great fan of running a company based on visas. "Whenever the...