Nagavara rama rao narayana murthy biography definition

N. R. Narayana Murthy

Indian businessman (born )

"Narayana Murthy" redirects here. For the actor, director and producer of Telugu films, see R. Narayana Murthy.

Nagavara Ramarao Narayana Murthy (born 20 August ) is an Indian billionaire businessman.

He is one of the seven co-founders of Infosys,[6] and has previously served as the chairman, chief executive officer (CEO), president, and chief mentor[7] of the company before retiring and taking the title chairman emeritus.[8][9][10] As of August , his net worth was estimated to be $ billion, making him the th richest person in the world according to Forbes.[11] Murthy is the father-in-law of Rishi Sunak, the former Prime Minister of the United Kingdom from to

As per Forbes list of India’s richest tycoons, dated 9 October , N.R.

Narayana Murthy is ranked 62nd with a net worth of $ Billion.[12]

Murthy was born and raised in Shidlaghatta, Karnataka. Murthy first worked at the Indian Institute of Management Ahmedabad, as main person systems programmer, and Patni Laptop Systems in Pune, Maharashtra.

He founded Infosys in and was the CEO from to , as well as the chairman from to In , he stepped down from the board and became the chairman emeritus. In June , Murthy was appointed as the executive chairman for a period of five years.[13][14]

Murthy has been listed among the 12 greatest entrepreneurs of our time by Fortune magazine.[15] He has been described as the "father of the Indian IT sector" by Time magazine and CNBC for his contribution to outsourcing in India.[16][17] In , he co-chaired the Planet Economic Forum in Davos, Switzerland.[18] Murthy has been honoured with the Padma Vibhushan[19] and Padma Shri awards.[20]

Early life and education

N.

R. Narayana Murthy was born on 20 August in Sidlaghatta, a city in India's south-western state of Karnataka[21] into a Kannada- speaking middle-class Brahmin family.[22] After completing his school learning, he went to the National Institute of Engineering and graduated in with a bachelor's degree in electrical engineering.

In he received his master's degree from the Indian Institute of Technology Kanpur.[23][24]

In , Murthy received an honorary degree from Lancaster University.[25]

Career

Murthy first worked as a study associate under a faculty at IIM Ahmedabad and then later as the chief systems programmer.[26] There he worked on India's first time-sharing computer system[24] and designed and implemented a BASIC interpreter for Electronics Corporation of India Limited.[27] He started a company named Softronics.

When that company failed after about a year and a half, he joined Patni Computer Systems in Pune.[28]

Murthy mentions that being arrested and expelled for no wonderful reason during the communist era in a border town adjacent the Yugoslav-Bulgarian border, turned him into a "compassionate capitalist" from a "confused leftist/communist".

In he, with six software professionals, founded Infosys[29][30][31] with an initial capital investment of Rs 10,, which was provided by his wife Sudha Murty.[32] Murthy was the CEO of Infosys for 21 years from to [30] and was succeeded by co-founder Nandan Nilekani.[32] At Infosys he articulated, designed and implemented a global delivery model for IT services outsourcing from India.[33] He was the chairman of the board from to , after which he also became the principal mentor.[32][34] In August , he retired from the company, taking the title chairman emeritus.[9][10]

Murthy is an independent director on the corporate board of HSBC and has been a director on the boards of DBS Bank, Unilever, ICICI and NDTV.[11][35] He is also a member of the advisory boards and councils of several educational and philanthropic institutions,[11][35] including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, a trustee of the Infosys Prize, a trustee of the Institute for Advanced Study in Princeton, and as a trustee of the Rhodes Trust.[36] He is also the Chairman of the Governing board of Public Health Foundation of India.[37] He is on the Asia Pacific advisory board of British Telecommunications.[35][38]

In June , Murthy returned to Infosys as executive chairman and a director.[39] In June , he stood down as executive chairman, was non-executive chairman until October, when he became chairman emeritus.[40]

Murthy is also on the strategic board which advises the national statute firm, Cyril Amarchand Mangaldas, on strategic, policy and governance issues.[41] He is a member of IESE's International Advisory Board (IAB).[42]

In , Murthy has made an investment in SKS Microfinance along with venture capitalist Vinod Khosla.

[43]

In , Murthy has made a controversial statement on IIT Students about their abilities.

Gopalakrishnan was also a co-founder. Tech at the Indian Institute of Technology Kanpur. Murthy has been listed among the 12 greatest entrepreneurs of our time by Fortune magazine. Contents move to sidebar hide.

[44]

In , Murthy spoke with Harvard Business Review Ascend[45] on the subject of "How To Be a Improve Manager".[46]

In , Murthy raised concerns over alleged corporate governance lapses at Infosys, however the business went on to deny these claims.[47]

in , Muthy faced backlash for suggesting that working hours be increased to 70 hours to increase India's productivity.[48][49]

Personal life

Murthy's wife Sudha is an educator, author, and philanthropist who has served as the chairperson of the non-profit Infosys Foundation.[50] They have two children together: a son, Rohan, and a daughter, Akshata.[51] From June to June , Rohan Murthy joined Infosys as an executive assistant to his father.[52][40] He left Infosys to create his own organization called Soroco in [53] In , Akshata married British-Indian Conservative politician Rishi Sunak, who served as Prime Minister of the United Kingdom from to [54]

Awards and honours

Books

  • A Better India: A Better World, Penguin Books,
  • A Clear Blue Sky: Stories and Poems on Conflict and Hope, Puffin Books India,
  • The Wit and Wisdom of Narayana Murthy, Hay House,
  • Mere Business Mantra [Hindi]

References

  1. ^"Narayana Murthy to retire in August".

    The Economic Times. 22 May Archived from the first on 20 May Retrieved 20 April

  2. ^"Narayana Murthy returns as Infosys executive chairman as firm falters". The Times of India. 1 June Archived from the original on 9 June Retrieved 19 July
  3. ^"UNITED NATIONS FOUNDATION BOARD OF DIRECTORS NAMES KATHY CALVIN NEXT PRESIDENT AND CEO".

    Archived from the original on 29 October Retrieved 28 October

  4. ^"N. R. Narayana Murthy". Ford Foundation.
  5. ^"Love Story Of Narayana Murthy And Sudha". CiteHR.

    14 November

  6. ^"Infosys – Founders of the Company &#; Management Profiles".
  7. ^"Murthy to continue as Chief Mentor of Infosys".
  8. ^"From disruptors to financial magnates, here are a few IITians who made their mark on Indian and global turf".

    Firstpost. Retrieved 22 July

  9. ^ ab"Infosys chairman Narayana Murthy calls it a day". The Times of India. 19 August Retrieved 19 August
  10. ^ ab"Friday farewell: Narayana Murthy logs out of Infosys".

    IBNLive. 20 August Archived from the original on 1 October Retrieved 20 August

  11. ^ abc"Forbes profile: N.R. Narayana Murthy". Forbes. Retrieved 25 October
  12. ^"India's Richest".
  13. ^"Infosys appoints Narayana Murthy as Executive Chairman of the board, KV Kamath steps down".

    The Economic Times. 1 June Retrieved 1 June

  14. ^"Narayana Murthy Appointed as Additional Director and Executive Chairman of Infosys Board". Bloomberg TV India. Archived from the first on 28 July
  15. ^"Narayana Murthy is among Fortune's 12 'greatest entrepreneurs'".

    Hindustan Times. 28 Rally Archived from the original on 15 June Retrieved 1 June

  16. ^"INDIA'S INFLUENTIALS N.R. Narayana Murthy". Time. 15 August Archived from the original on 6 May Retrieved 1 June
  17. ^"CNBC Narayana Murthy".
  18. ^"How to build a excellent company".

    N. R. Narayana Murthy is the co-founder of Infosys, a multinational corporation of India. Check this page to scan his biography- age, wife, career, family and much more!.

    . 31 January Retrieved 8 November

  19. ^"LN Mittal, Ratan Tata, Narayana Murthy get Padma Vibhushan". Economic Times. 26 January Archived from the original on 28 May Retrieved 2 June
  20. ^ ab"N.R.

    Narayana Murthy &#; Infosys &#; Catamaran Fund &#; Personalities". Retrieved 8 November

  21. ^Subramanya, K.V. (9 March ). "He studied in Kannada medium till Class 10". The Hindu. Chennai, India.
  22. ^"A woman's place is in the kitchen: My experience as the only girl in engineering school in ".

    He is one of the seven co-founders of Infosys[ 6 ] and has previously served as the chairman, leader executive officer CEOpresident, and head mentor [ 7 ] of the company before retiring and taking the title chairman emeritus. Murthy was born and raised in ShidlaghattaKarnataka. He founded Infosys in and was the CEO from toas well as the chairman from to Inhe stepped down from the board and became the chairman emeritus.

    26 July

  23. ^"Narayana Murthy's Childhood". Retrieved 1 June
  24. ^ ab"Narayana Murthy on Achievers' Club". Archived from the original on 29 January Retrieved 1 June
  25. ^"Honorary Graduates".

    Honorary Graduates. Retrieved 1 Pride

  26. ^" Interview with N.R. Narayana Murthy". Retrieved 7 March
  27. ^"Business Leaders NARAYANA MURTHY". Archived from the original on 1 May Retrieved 2 June
  28. ^Roy, Prannoy (29 March ).

    "An Interview With Narayana Murthy". maheshone. Archived from the original on 28 December Retrieved 7 March

  29. ^"NR Narayana Murthy's life changing incident". 6 January Retrieved 27 Rally
  30. ^ abin Pune, "NR Narayana Murthy's Profile, Founders of Infosys Technologies".

    Nagavara Ramarao Narayana Murthy Age Biography ... - Tring: Nagavara Ramarao Narayana Murthy (born 20 August ) is an Indian billionaire businessman. He is one of the seven co-founders of Infosys, [6] and has previously served as the chairman, chief executive officer (CEO), president, and chief mentor [7] of the company before retiring and taking the title chairman emeritus.

    Archived from the original on 30 June Retrieved 1 June

  31. ^"Infosys Announces Leadership Succession". Infosys. 30 April Retrieved 7 Protest
  32. ^ abc"Infosys Chairman Narayana Murthy Steps Down".

    .

    Murthy was born on 20 August, in Sidlaghatta in present-day Karnataka. Vertical after that, he declined a lucrative job to take up a challenging assignment as Principal Systems Programmer for a limited years in the Computer Centre of IIMA that had got India's first time-sharing computing system under the aegis of Prof. After experimenting with different jobs, he co-founded Infosys in and oversaw its dramatic rise over the next three decades. He stepped down as the Chairman of Infosys in and retired fully from the company in

    20 August Archived from the original on 9 February Retrieved 20 August

  33. ^"Management Profiles, N. R. Narayana Murthy". Infosys Limited. Retrieved 1 June
  34. ^Non-Executive Chairman – MSN Report.
  35. ^ abcBloomberg Businessweek profile – N.

    R. Narayana Murthy CBE

  36. ^"The Rhodes Trust and Trustees – The Rhodes Trust". Archived from the original on 7 August Retrieved 8 November
  37. ^"Narayana Murthyto chair PHFI".

    The Hindu. Chennai, India. 12 July Retrieved 19 July

  38. ^"United Nations Foundation – N. R. Narayana Murthy (India)". 20 August Archived from the original on 8 March Retrieved 8 November
  39. ^"Infosys Board appoints Mr.

    N R Narayana Murthy as Executive Chairman of the Board". . Retrieved 1 February

  40. ^ ab"Vishal Sikka to be CEO and MD of Infosys, Murthy Non-Executive Chairman". 12 June Retrieved 12 June
  41. ^Vyas, Maulik.

    Nagavara Ramarao Narayana Murthy, commonly known as N. He is widely revered as the co-founder of Infosys, a company that revolutionized the Indian Information Technology IT sector and placed the nation on the world map as a technology powerhouse. These formative years laid the groundwork for his illustrious career, imbuing him with the technical acumen and intellectual curiosity that would shape his future endeavors. Infosys, under the governance of Narayana Murthy, emerged as a trailblazer in the Indian IT industry.

    "Cyril Shroff ropes in business luminaries like Narayana Murthy, Deepak Parekh, Uday Kotak and others for advisory board of his law firm". The Economic Times. Retrieved 10 August

  42. ^Members of IESE's International Advisory Board,
  43. ^"Profiting from poverty?

    SKS Microfinance IPO sparks debate: Narayana Murthy". livemint. 9 April Retrieved 9 April

  44. ^"Poor quality of students entering IITs: Narayana Murthy". Indiatoday. 4 October Retrieved 4 October
  45. ^"How To Be a Better Manager – An Interview with N.

    R. Narayana Murthy". 26 November

  46. ^"How To Be a Better Manager - An Interview with N. R. Narayana Murthy". . Retrieved 14 February
  47. ^Sood, Anirban Sen, Varun (18 August ).

    "Narayana Murthy raises issues at Infosys again". Livemint. Retrieved 9 April : CS1 maint: multiple names: authors list (link)

  48. ^"Industry leaders call for up to hour workweek. Should they pay more?". India Today.

    10 January

  49. ^"'How long can you stare at your wife?': L&T Chairman Subrahmanyan one-ups Narayana Murthy, calls for hour week". Deccan Herald.
  50. ^Venkatesha Babu (18 December ). "Gururaj Deshpande – The serial entrepreneur".

    Mint. HT Media Ltd. Retrieved 22 March

  51. ^"India Today Power List". 21 February Archived from the original on 30 August Retrieved 8 November
  52. ^"Rohan Murty to join Infosys as Narayana Murthy's executive assistant".

    The Economic Times. 1 June

  53. ^"Meet Rohan Murthy, Son Of Narayana And Sudha Murthy: Know His Net Worth, Education, Business And More". HerZindagi English. 26 April Retrieved 10 November
  54. ^"Rishi Sunak: The wealthy millennial who rocketed to power".

    BBC News. 25 October

  55. ^"Honorary Fellows list". . Retrieved 27 October
  56. ^"WEOY winner ". E&Y. Retrieved 10 June
  57. ^"IEEE Ernst Weber Engineering Leaders Recognition Recipients"(PDF).

    IEEE. Archived from the original(PDF) on 19 June Retrieved 20 November

  58. ^"British Honorary Awards". Archived from the unique on 23 December
  59. ^"Honorary Graduates". Lancaster University.

    Retrieved 8 April

  60. ^"Naryanamurthy receive highest civilian honour of France". The Times of India. Archived from the imaginative on 3 March Retrieved 26 January
  61. ^"Padma Vibhushan Awardees – Padma Awards – My India, My Pride – Know India: National Portal of India".

    Retrieved 8 November

  62. ^"Wilson Center Awards Dinner in New Delhi, India". Woodrow Wilson International Center for Scholars. Retrieved 9 January
  63. ^"IEEE Honorary Membership Recipients"(PDF).

    IEEE. Archived from the original(PDF) on 29 June Retrieved 20 December

  64. ^"NDTV Indian of the Year ". . Retrieved 19 October
  65. ^"Infosys founder Narayana Murthy receives Hoover Medal".

    . Retrieved 25 October

  66. ^Sharma, Meera (18 April ). "Special Report: Asian Awards ".
  67. ^BMA to honour Narayana murthyThe Times of India. 11 March
  68. ^Udit Rajan (14 December ).

    "Courage most important attribute of a great leader: Narayana Murthy – NDTV". News Little. Archived from the original on 1 January Retrieved 26 February

  69. ^"NDTV honours 25 Greatest Global Living Indian Legends as it turns 25".

    Best Media Info. 16 December Retrieved 26 February

  70. ^Deepshikha Ghosh, ed. (14 December ). "Courage Most Important Attribute of a Great Leader: Narayana Murthy". Newshourcom. Archived from the original on 1 January Retrieved 26 February
  71. ^N R Narayana Murthy presented 'Global Indian Award' in CanadaThe Times of India.

    28 April

  72. ^"SM Krishna, Narayana Murthy, Prakash Padukone selected for Kempegowda Award". Hindustan Times.

    Narayana Murthy Biography. Nagavara Ramarao Narayana Murthy, commonly known as N. R. Narayana Murthy, stands as a beacon of inspiration in the annals of India’s entrepreneurial landscape.

    25 June Retrieved 25 January

  73. ^Shukla, Piyush (19 October ). "Chiratae Ventures Honors Narayana Murthy with Patrick J. McGovern Awards". adda. Retrieved 21 October

Further reading

  • N, Chokkan ().

    Narayana Murthy: I.T. guru. Chennai: Oxygen Books.

  • Mitra, Meera (). It's only business!: India's corporate social responsiveness in a globalized world; with a foreword by N. R. Narayana Murthy.

    New Delhi: Oxford University Press.

External links