NR Narayana Murthy is the co-founder of Infosys, one of the largest Indian IT companies providing services in the fields of technology, engineering, consulting and outsourcing.
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Wiki/Biography
NR Narayana Murthy was born on Tuesday, 20 August 1946 (age 77 years; as in 2023) in Shidlaghatta, Chikkaballapura district, Karnataka. His zodiac sign is Leo. He completed his schooling from Sarada Vilasa Boys High School, Mysore. He took a bachelor’s degree in electrical engineering from the University of Mysore and later, completed a master’s degree from the Indian Institute of Technology, Kanpur.
Physical Appearance
Height (Approx): 5′ 4″
Hair Color: Salt and Pepper
Eye colour: black
Family, Caste and Wife
Nagavara Ramarao Narayan Murthy was born in a Brahmin Hindu family. His father N. Rama Rao was a high school teacher. His mother’s name is Padavathamma Murthy. He has seven brothers and sisters. Murthy met Sudha Murthy (then Sudha Kulkarni) in Pune through a common friend, Prasanna (a key person at Wipro). She invited Sudha for dinner with her friends. They started hanging out together at movies, restaurants and parties. Soon, they became good friends and one day Murthy proposed her for marriage, saying,
I want to tell you something. My height is 5’4″. I come from a lower-middle-class family. I will never be rich. You are beautiful, bright, intelligent and you can find anyone you want. But will you marry me?”
Sudha liked his honesty, but she wanted her parents’ approval first. He introduced Murthy to his parents. Murthy was stuck in traffic and could not reach on time for the meeting which angered Sudha’s father. 2 hours after the scheduled time of the meeting, Murthy booked a taxi and reached Sudha’s house wearing a red shirt. Sudha’s father asks him about his goals, Murthy says that he wants to become a politician and open an orphanage. Sudha’s father was not impressed by his answer and said,
I don’t want my daughter to marry someone who wants to be a communist and then open an orphanage when he has no money to support his family.”
After about three years, Murthy got the job of general manager. Sudha’s father eventually accepts Murthy’s marriage proposal. On 10 February 1978, he married Sudha at his home in Bengaluru in the presence of both the families. He shared the wedding expenses with Sudha which was only Rs. 800. The couple is blessed with two children, Akshata Murthy and Rohan Murthy.
On 25 October 2022, his son-in-law Rishi Sunak was appointed the new Prime Minister of the United Kingdom by King Charles III.
livelihood
After completing his master’s degree, he started working as a research analyst at IIM Ahmedabad and later, he worked as a chief programmer there. He had the opportunity to work on India’s first time-sharing computer system, and designed and implemented a BASIC interpreter for the Electronics Corporation of India Limited.
Later he started a company named Softronix, but the company failed. In 1977, he joined Patni Computers in Bombay (now Mumbai) as a general manager. He worked there for about four years, but he wanted to start his own company. He did not have money to start the business, and then his wife Sudha gave him Rs. Rs 10,000 to start a business.
In 1981, Murthy, along with six other software engineers, started Infosys in Pune with an initial capital of $250. The seven founders of Infosys include NR Narayana Murthy, Nandan Nilekani, S Gopalakrishnan, SD Shibulal, K Dinesh, NS Raghavan and Ashok Arora.
In 1983, Infosys was shifted from Pune to Bangalore. Murthy served as CEO of Infosys from 1981 to 2002, and then became Chairman of the Board from 2002 to 2006. On August 2011, he retired from Infosys with the title of Chairman Emeritus.
On 1 June 2013, he returned to Infosys as Executive Chairman and Additional Director. In 2014, he stepped down as executive chairman and remained as non-executive until 10 October 2013, and on 11 October 2013, he was named as chairman emeritus. Through the efforts of Murthy and the other six co-founders, Infosys has become one of the largest Indian IT companies with over 800 customers in 30 countries.
Its market capitalization on 29 March 2019 was recorded at $46.52 billion. Apart from being a co-founder of Infosys, Murthy has served as an independent director on the corporate board of HSBC and a director on the boards of DBS Bank, Unilever, ICICI and NDTV. He is also a member of the advisory boards and councils of various educational and philanthropic institutions.
Controversy
- In 2013, Murthy’s company Infosys was fined $34 million for visa fraud for illegally hiring B-1 visa holders to work as skilled workers, which is allowed only for H-1B visa holders. Is.
- In 2017, the Infosys board said that Narayana Murthy’s harsh attacks against the board had resulted in its CEO and MD Vishal Sikka stepping down from his post.
Awards and Honors
2000: Padmashree from Government of India
2003: Ernst & Young Entrepreneur of the Year Award
2007: IEEE Ernst Weber Engineering Leadership Recognition by the Institute of Electrical and Electronics Engineers
2007: Honorary Commander of the Order of the British Empire (CBE) by the Government of the United Kingdom
2008: Padma Vibhushan by Government of India
2008: Officer of the Legion of Honor by the Government of France
2011: Icon of India, NDTV Indian of the Year by NDTV
2013: Asian Award for Philanthropist of the Year
Note: He has many other honors to his name.
net worth
His net worth is $2.47 billion.
Facts/General Knowledge
- His favorite subjects in school were mathematics and physics.
- After completing his schooling, he passed the IIT entrance exam, but due to his poor financial condition he could not join IIT Madras.
- He likes to buy the latest gadgets.
- His hobbies include reading books and listening to old Hindi and Kannada songs.
- He is the author of various books such as A Better India: A Better World, A Clear Blue Sky: Stories and Poems on Conflict and Hope, and Better India, Better World.
- Murthy appeared in Jeena Isi Ka Naam Hai (2002), an Indian award-winning talk show broadcast on Zee TV.
- In 2006, he was listed in Time Magazine as one of the Asian Heroes. He earned this achievement for bringing revolutionary changes in India after India’s independence in 1947.
- In 2019, Sanjay Tripathi announced that he would be making a Bollywood film on the life of NR Narayana Murthy.
- In 2023, Narayana Murthy recommended in an interview that young Indians should dedicate themselves to working 70 hours per week to increase the country’s productivity. However, his suggestion sparked a lively debate on social media. Several leading entrepreneurs including Bhavish Aggarwal, Ashneer Grover and Harsh Goenka shared their opinions. Many found Murthy’s proposal, which amounts to approximately 14-hour workdays in a five-day workweek, to be impractical. While some people supported his idea, many raised concerns about the potential health problems caused by working such long hours.
- In an interview, Narayana Murthy talked about his journey in founding Infosys and reflected on the decisions he made. He said he made mistakes along the way and regretted not letting his wife Sudha join Infosys.
- In March 2024, he announced a gift of shares worth more than Rs. Rs 240 crore to his four-month-old grandson Ekagra Rohan Murthy. With this, Narayana Murthy’s shares in Infosys decreased from 0.40 percent to 0.36 percent.
Categories: Biography
Source: vcmp.edu.vn