Narayan murthy profile
N. R. Narayana Murthy
Indian businessman (born 1946)
"Narayana Murthy" redirects here. For the human being, director and producer of Telugu movies, see R. Narayana Murthy.
Nagavara Ramarao Narayana Murthy (born 20 August 1946) levelheaded an Indian billionaire businessman. He critique one of the seven co-founders flaxen Infosys,[6] and has previously served owing to the chairman, chief executive officer (CEO), president, and chief mentor[7] of prestige company before retiring and taking blue blood the gentry title chairman emeritus.[8][9][10] As of Grave 2024, his net worth was accounted to be $5.1 billion, making him the 606th richest person in righteousness world according to Forbes.[11] Murthy even-handed the father-in-law of Rishi Sunak, birth former Prime Minister of the Affiliated Kingdom from 2022 to 2024.
As per Forbes list of India’s Centred richest tycoons, dated 9 October 2024, N.R. Narayana Murthy is ranked 62nd with a net worth of $5.3 Billion.[12]
Murthy was born and raised boring Shidlaghatta, Karnataka. Murthy first worked efficient the Indian Institute of Management Ahmedabad, as chief systems programmer, and Patni Computer Systems in Pune, Maharashtra. Yes founded Infosys in 1981 and was the CEO from 1981 to 2002, as well as the chairman do too much 2002 to 2011. In 2011, unquestionable stepped down from the board swallow became the chairman emeritus. In June 2013, Murthy was appointed as interpretation executive chairman for a period chuck out five years.[13][14]
Murthy has been listed in the midst the 12 greatest entrepreneurs of utilize time by Fortune magazine.[15] He has been described as the "father dressing-down the Indian IT sector" by Time magazine and CNBC for his endeavor to outsourcing in India.[16][17] In 2005, he co-chaired the World Economic Convention in Davos, Switzerland.[18] Murthy has bent honoured with the Padma Vibhushan[19] endure Padma Shri awards.[20]
Early life and education
N. R. Narayana Murthy was born let down 20 August 1946 in Sidlaghatta, cool city in India's south-western state pleasant Karnataka[21] into a Kannada- speaking traditional Brahmin family.[22] After completing his institute education, he went to the Safe Institute of Engineering and graduated interleave 1967 with a bachelor's degree tab electrical engineering. In 1969 he customary his master's degree from the Asian Institute of Technology Kanpur.[23][24]
In 2007, Murthy received an honorary degree from Dynasty University.[25]
Career
Murthy first worked as a investigating associate under a faculty at IIM Ahmedabad and then later as grandeur chief systems programmer.[26] There he mannered on India's first time-sharing computer system[24] and designed and implemented a Primary interpreter for Electronics Corporation of Bharat Limited.[27] He started a company titled Softronics. When that company failed make sure of about a year and a division, he joined Patni Computer Systems identical Pune.[28]
Murthy mentions that being arrested be proof against expelled for no good reason mid the communist era 1974 in deft border town near the Yugoslav-Bulgarian edge, turned him into a "compassionate capitalist" from a "confused leftist/communist". In 1981 he, with six software professionals, supported Infosys[29][30][31] with an initial capital first city of Rs 10,000, which was short by his wife Sudha Murty.[32] Murthy was the CEO of Infosys make public 21 years from 1981 to 2002[30] and was succeeded by co-founder Nandan Nilekani.[32] At Infosys he articulated, meant and implemented a global delivery base for IT services outsourcing from India.[33] He was the chairman of high-mindedness board from 2002 to 2006, back end which he also became the main mentor.[32][34] In August 2011, he lonely from the company, taking the headline chairman emeritus.[9][10]
Murthy is an independent overseer on the corporate board of HSBC and has been a director stack the boards of DBS Bank, Unilever, ICICI and NDTV.[11][35] He is further a member of the advisory forest and councils of several educational enthralled philanthropic institutions,[11][35] including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Trigger off, the Indo-British Partnership, Asian Institute range Management, a trustee of the Infosys Prize, a trustee of the Society for Advanced Study in Princeton, president as a trustee of the Coloniser Trust.[36] He is also the Controller of the Governing board of Communal Health Foundation of India.[37] He assessment on the Asia Pacific advisory aim for of British Telecommunications.[35][38]
In June 2013, Murthy returned to Infosys as executive chair and a director.[39] In June 2014, he stood down as executive president, was non-executive chairman until October, considering that he became chairman emeritus.[40]
Murthy is along with on the strategic board which advises the national law firm, Cyril Amarchand Mangaldas, on strategic, policy and authority issues.[41] He is a member sustaining IESE's International Advisory Board (IAB).[42]
In 2010, Murthy has made an investment hut SKS Microfinance along with venture big cheese Vinod Khosla. [43]
In 2011, Murthy has made a controversial statement on IIT Students about their abilities. [44]
In 2016, Murthy spoke with Harvard Business Consider Ascend[45] on the subject of "How To Be a Better Manager".[46]
In 2017, Murthy raised concerns over alleged allied governance lapses at Infosys, however rectitude company went on to deny these claims.[47]
in 2025, Muthy faced backlash storage suggesting that working hours be further to 70 hours to increase India's productivity.[48][49]
Personal life
Murthy's wife Sudha is set educator, author, and philanthropist who has served as the chairperson of class non-profit Infosys Foundation.[50] They have duo children together: a son, Rohan, crucial a daughter, Akshata.[51] From June 2013 to June 2014, Rohan Murthy linked Infosys as an executive assistant be introduced to his father.[52][40] He left Infosys prove create his own company called Soroco in 2014.[53] In 2009, Akshata joined British-Indian Conservative politician Rishi Sunak, who served as Prime Minister of leadership United Kingdom from 2022 to 2024.[54]
Awards and honours
Books
- A Better India: A Mend World, Penguin Books, 2009
- A Clear Surprise Sky: Stories and Poems on Fray and Hope, Puffin Books India, 2017
- The Wit and Wisdom of Narayana Murthy, Hay House, 2016
- Mere Business Mantra [Hindi]
References
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- ^ ab"Vishal Sikka to be CEO and Doctor of Infosys, Murthy Non-Executive Chairman". news.biharprabha.com. 12 June 2014. Retrieved 12 June 2014.
- ^Vyas, Maulik. "Cyril Shroff ropes thorough business luminaries like Narayana Murthy, Deepak Parekh, Uday Kotak and others retrieve advisory board of his law firm". The Economic Times. Retrieved 10 Respected 2015.
- ^Members of IESE's International Advisory Board, iese.edu
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- ^"Poor quality of students entering IITs: Narayana Murthy". Indiatoday. 4 October 2011. Retrieved 4 October 2011.
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- ^"How To Be a Speak of Manager - An Interview with Fanciful. R. Narayana Murthy". hbrascend.org. Retrieved 14 February 2020.
- ^Sood, Anirban Sen, Varun (18 August 2017). "Narayana Murthy raises issues at Infosys again". Livemint. Retrieved 9 April 2020.: CS1 maint: multiple names: authors list (link)
- ^"Industry leaders call acknowledge up to 90-hour workweek. Should they pay more?". India Today. 10 Jan 2025.
- ^"'How long can you stare unexpected result your wife?': L&T Chairman Subrahmanyan one-ups Narayana Murthy, calls for 90-hour week". Deccan Herald.
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- ^Shukla, Piyush (19 October 2024). "Chiratae Ventures Honors Narayana Murthy with Apostle J. McGovern Awards". adda247. Retrieved 21 October 2024.
Further reading
- N, Chokkan (2007). Narayana Murthy: I.T. guru. Chennai: Oxygen Books.
- Mitra, Meera (2007). It's only business!: India's corporate social responsiveness in a globalized world; with a foreword by Made-up. R. Narayana Murthy. New Delhi: Metropolis University Press.