Tag: NR Narayana Murthy

Could not understand logic behind demonetisation: Narayana Murthy

Describing himself as “not an expert on economics”, Infosys co-founder and India’s IT industry doyen N R Narayana Murthy on Wednesday said he could not understand the logic behind the Narendra Modi government’s note ban move in November 2016, particularly when it remonetised the monetary system with same or even higher denomination currency notes. He,...

March 22, 2018

Narayana Murthy finds all is well at Infosys now

IT major Infosys promoter NR Narayana Murthy, who red flagged poor governance at the Board level over the months this year, on Wednesday said all was well in the company, with the return of co-founder Nandan Nilekani as its non-Executive Chairman. “Absolutely all is well (in the company). I told investors in a statement on...

November 16, 2017

Infosys Murthy to interact with investors today

A defiant Infosys Founder NR Narayana Murthy will interact with investors on Wednesday through a conference call to tell his version of the software major’s boardroom battles that led to the exit of its technocrat Vishal Sikka as CEO on last Friday. “Murthy will address and interact with the company’s investors across the world on...

August 23, 2017

We consider Murthy a well wisher,not shareholder activist: Infy Co-Chairman

Infosys Co-Chairman Ravi Venkatesan on Wednesday said the company certainly would not want to label co-founder and promoter NR Narayana Murthy as a shareholder activist, but consider him a “well-wisher.” “I would like to see him – Murthy – as a well-wisher of Infosys, which he has been and will continue to be so.. I...

July 26, 2017

Mohandas Pai backs Murthy; says Rao’s pay spectacular, not performance

Backing Infosys co-founder NR Narayana Murthy's view that pay hike to COO UB Pravin Rao was "not proper," the company's ex-director TV Mohandas Pai on Monday said the salary in this case is "spectacular" but performance is not. Alleging that Infosys' board was "misguided", Pai said the ""fundamental problem" was the pay hike given earlier...

April 3, 2017

Have a heartfelt, warm relationship with Murthy: Sikka

Vishal Sikka, the embattled chief of Infosys, on Monday said he has always shared a "heartfelt, warm relationship" with the company's co-founder NR Narayana Murthy. The comments come at a time when there has been a lot of buzz around some of the founders flagging concerns about governance lapses at Infosys and issues like hike...

February 13, 2017