Misplaced Pages

N. R. Narayana Murthy: Difference between revisions

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
Browse history interactively← Previous editNext edit →Content deleted Content addedVisualWikitext
Revision as of 23:20, 4 May 2012 editBbb23 (talk | contribs)Autopatrolled, Administrators270,242 edits Undid revision 490661020 by 128.193.8.12 (talk) - why? he's Indian and we use British dating← Previous edit Revision as of 06:10, 8 May 2012 edit undoKkm010 (talk | contribs)Extended confirmed users18,117 edits add material and sentense rearrangedNext edit →
Line 18: Line 18:
}} }}


'''Nagavara Ramarao Narayana Murthy''', better known as '''N. R. Narayana Murthy''', is an Indian industrialist and software engineer. He and six other engineers co-founded ] in 1981. Murthy served as CEO from 1981 to 2002. From 2002 to 2011, he served as the Chairman. In 2011, he stepped down from the board and became Chairman Emeritus. '''Nagavara Ramarao Narayana Murthy''', better known as '''N. R. Narayana Murthy''', is an Indian software entrepreneur who co-founded ], the first Indian company to be listed on an American stock exchange. In 2011, he stepped down from the board and became chairman emeritus.


==Early life== ==Early life==
Born in ], ] on 20 August 1946, Murthy graduated with a degree in electrical engineering from the ], ] in 1967. He received his master's degree from ] in 1969.<ref>{{cite news|url=http://articles.economictimes.indiatimes.com/2008-03-04/news/27710791_1_independent-non-executive-director-hsbc-board-infosys-technologies |title=Murthy to join HSBC board, to get over Rs 50 lakh annual fee |publisher=Articles.economictimes.indiatimes.com |date= 4 March 2008|accessdate=8 November 2011}}</ref> Born in ], ] on 20 August 1946, Murthy earned a bachelor’s degree in electrical engineering from the ] in 1967 and a master’s degree in technology from the ], in 1969.<ref>{{cite news|url=http://articles.economictimes.indiatimes.com/2008-03-04/news/27710791_1_independent-non-executive-director-hsbc-board-infosys-technologies |title=Murthy to join HSBC board, to get over Rs 50 lakh annual fee |publisher=Articles.economictimes.indiatimes.com |date= 4 March 2008|accessdate=8 November 2011}}</ref>


==Business career==
==Career==
Murthy's first job position was at ], where he worked as the chief ].<ref>{{cite web|url=http://www.india-seminar.com/2000/485/485%20interview.htm |title=485 Interview with N.R. Narayana Murthy |publisher=India-seminar.com |date= |accessdate=8 November 2011}}</ref> After ], he started a company named Softronics in 1976.<ref>{{cite web |url=http://www.maheshonline.com/an-interview-with-narayana-murthy/ |title=An Interview With Narayana Murthy |work=maheshone |first=Prannoy |last=Roy |date=29 March 2008 |accessdate=9 October 2011}}</ref> When that company failed, he joined ] in ]. During the 1970s he worked in Paris, where, among other projects, he helped design an ] for handling air cargo at ]. Returning to India, he accepted a position with a ] company in Pune, but eventually he decided to launch his own company. He cofounded Infosys with six fellow computer professionals in 1981.<ref>{{cite web|url=http://www.india-seminar.com/2000/485/485%20interview.htm |title=485 Interview with N.R. Narayana Murthy |publisher=India-seminar.com |date= |accessdate=8 November 2011}}</ref> He borrowed Rs 10,000/- from his wife ] to the company.


The company grew slowly until the early 1990s, when the Indian government’s decisive move toward economic liberalization and deregulation contributed to dramatic growth in the country’s high-technology and computer sectors. Murthy aggressively expanded his company’s services and client base, negotiating deals with many overseas businesses to provide them with consulting, systems integration, software development, and product engineering services. By 1999 Infosys had joined ], becoming the first Indian company to be listed on an American stock exchange.<ref>{{cite web |url=http://www.maheshonline.com/an-interview-with-narayana-murthy/ |title=An Interview With Narayana Murthy |work=maheshone |first=Prannoy |last=Roy |date=29 March 2008 |accessdate=9 October 2011}}</ref>
⚫ After settling down in Pune, Murthy founded ] in 1981<ref><cite web|url=].<ref name=yentha>{{cite web |url=http://www.yentha.com/news/view/1/13720 |title=Infosys Chairman Narayana Murthy Steps Down |work=yentha.com |date=20 August 2011 |accessdate=20 August 2011}}</ref> Murthy served as the ] of Infosys for 21 years and was succeeded by co-founder ] in 2002.<ref name=yentha /> At Infosys he articulated, designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India. He held the executive position of Chairman of the Board from 2002 to 2006, when he became the "non-executive" Chairman of the Board and Chief Mentor.<ref name=yentha /><ref>.</ref> In August 2011, he retired completely from the company and taking the title Chairman Emeritus.<ref>{{cite news |url=http://timesofindia.indiatimes.com/business/india-business/Infosys-chairman-Narayana-Murthy-calls-it-a-day/articleshow/9655929.cms |title=Infosys chairman Narayana Murthy calls it a day |work=The Times of India |date=19 August 2011 |accessdate=19 August 2011}}</ref><ref>{{cite news |url=http://ibnlive.in.com/news/narayana-murthy-steps-down-as-infosys-chairman/177070-7.html |title=Friday farewell: Narayana Murthy logs out of Infosys |work=IBNLive |date=20 August 2011 |accessdate=20 August 2011}}</ref>


⚫ Murthy served as the CEO of Infosys for 21 years and was succeeded by co-founder ] in 2002. At Infosys he articulated, designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India. He held the executive position of Chairman of the Board from 2002 to 2006, when he became the "non-executive" Chairman of the Board and Chief Mentor.<ref>.</ref> In August 2011, he retired completely from the company and taking the title Chairman Emeritus.<ref>{{cite news |url=http://timesofindia.indiatimes.com/business/india-business/Infosys-chairman-Narayana-Murthy-calls-it-a-day/articleshow/9655929.cms |title=Infosys chairman Narayana Murthy calls it a day |work=The Times of India |date=19 August 2011 |accessdate=19 August 2011}}</ref><ref>{{cite news |url=http://ibnlive.in.com/news/narayana-murthy-steps-down-as-infosys-chairman/177070-7.html |title=Friday farewell: Narayana Murthy logs out of Infosys |work=IBNLive |date=20 August 2011 |accessdate=20 August 2011}}</ref>
Murthy serves as an independent director on the corporate boards of ] and has served as a director on the boards of ], ], ] and ]<ref name=NM-B-01></ref><ref name=NM-B-02/>.


He also serves as a member of the advisory boards and councils of several educational and philanthropic institutions<ref name=NM-B-01/><ref name=NM-B-02/>, including ], ], ], the ], the Indo-British Partnership, a trustee of the ], and as a trustee of the Rhodes Trust <ref>{{cite web|url=http://www.rhodeshouse.ox.ac.uk/page/trustees |title=The Rhodes Trust and Trustees - The Rhodes Trust |publisher=Rhodeshouse.ox.ac.uk |date= |accessdate=8 November 2011}}</ref> that manages the ]. He is also the Chairman of the Governing board of ] <ref>{{cite news|title=Narayana Murthyto chair PHFI|url=http://www.thehindu.com/todays-paper/tp-national/article2219732.ece|accessdate=19 July 2011|newspaper=The Hindu|date=12 July 2011|location=Chennai, India}}</ref> He also serves on the Asia Pacific Advisory Board of ]<ref name=NM-B-01/><ref>{{cite web|url=http://www.unfoundation.org/who-we-are/board/n-r-narayana-murthy.html |title=United Nations Foundation - N. R. Narayana Murthy (India) |publisher=Unfoundation.org |date=20 August 1946 |accessdate=8 November 2011}}</ref>. In 2005 he co-chaired the ] in ].<ref>{{cite web|url=http://www.rediff.com/money/2005/jan/31spec.htm |title=How to build a great company |publisher=Rediff.com |date=31 January 2005 |accessdate=8 November 2011}}</ref> Murthy serves as an independent director on the corporate boards of ] and has served as a director on the boards of ], ], ] and ].<ref name=NM-B-01></ref> He also serves as a member of the advisory boards and councils of several educational and philanthropic institutions<ref name=NM-B-01/><ref name=NM-B-02/>, including ], ], ], the ], the Indo-British Partnership, a trustee of the ], and as a trustee of the Rhodes Trust <ref>{{cite web|url=http://www.rhodeshouse.ox.ac.uk/page/trustees |title=The Rhodes Trust and Trustees - The Rhodes Trust |publisher=Rhodeshouse.ox.ac.uk |date= |accessdate=8 November 2011}}</ref> that manages the ]. He is also the Chairman of the Governing board of ] <ref>{{cite news|title=Narayana Murthyto chair PHFI|url=http://www.thehindu.com/todays-paper/tp-national/article2219732.ece|accessdate=19 July 2011|newspaper=The Hindu|date=12 July 2011|location=Chennai, India}}</ref> He also serves on the Asia Pacific Advisory Board of ]<ref name=NM-B-01/><ref>{{cite web|url=http://www.unfoundation.org/who-we-are/board/n-r-narayana-murthy.html |title=United Nations Foundation - N. R. Narayana Murthy (India) |publisher=Unfoundation.org |date=20 August 1946 |accessdate=8 November 2011}}</ref>. In 2005 he co-chaired the ] in ].<ref>{{cite web|url=http://www.rediff.com/money/2005/jan/31spec.htm |title=How to build a great company |publisher=Rediff.com |date=31 January 2005 |accessdate=8 November 2011}}</ref>


==Personal life== ==Personal life==

Revision as of 06:10, 8 May 2012

This section about a living person needs additional citations for verification. Please help by adding reliable sources. Contentious material about living persons that is unsourced or poorly sourced must be removed immediately from the article and its talk page, especially if potentially libelous.
Find sources: "N. R. Narayana Murthy" – news · newspapers · books · scholar · JSTOR (October 2011) (Learn how and when to remove this message)
N. R. Narayana Murthy
File:Narayana Murthy, Chairman, Infosys, at the Horasis Global China Business Meeting 2006.jpgSpeaking at Horasis Global China Business Meeting 2006
Born (1946-08-20) 20 August 1946 (age 78)
Mysore, Karnataka, India
Alma materUniversity of Mysore
IIT Kanpur
Occupation(s)Chairman Emeritus, Infosys
SpouseSudha Murthy
Children2

Nagavara Ramarao Narayana Murthy, better known as N. R. Narayana Murthy, is an Indian software entrepreneur who co-founded Infosys Technologies Ltd., the first Indian company to be listed on an American stock exchange. In 2011, he stepped down from the board and became chairman emeritus.

Early life

Born in Mysore, Karnataka on 20 August 1946, Murthy earned a bachelor’s degree in electrical engineering from the University of Mysore in 1967 and a master’s degree in technology from the Indian Institute of Technology, Kanpur, in 1969.

Business career

During the 1970s he worked in Paris, where, among other projects, he helped design an operating system for handling air cargo at Charles de Gaulle Airport. Returning to India, he accepted a position with a computer systems company in Pune, but eventually he decided to launch his own company. He cofounded Infosys with six fellow computer professionals in 1981. He borrowed Rs 10,000/- from his wife Sudha Murthy to the company.

The company grew slowly until the early 1990s, when the Indian government’s decisive move toward economic liberalization and deregulation contributed to dramatic growth in the country’s high-technology and computer sectors. Murthy aggressively expanded his company’s services and client base, negotiating deals with many overseas businesses to provide them with consulting, systems integration, software development, and product engineering services. By 1999 Infosys had joined NASDAQ, becoming the first Indian company to be listed on an American stock exchange.

Murthy served as the CEO of Infosys for 21 years and was succeeded by co-founder Nandan Nilekani in 2002. At Infosys he articulated, designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India. He held the executive position of Chairman of the Board from 2002 to 2006, when he became the "non-executive" Chairman of the Board and Chief Mentor. In August 2011, he retired completely from the company and taking the title Chairman Emeritus.

Murthy serves as an independent director on the corporate boards of HSBC and has served as a director on the boards of DBS Bank, Unilever, ICICI and NDTV. He also serves as a member of the advisory boards and councils of several educational and philanthropic institutions, including Cornell University, INSEAD, Ford Foundation, the UN Foundation, the Indo-British Partnership, a trustee of the Infosys Prize, and as a trustee of the Rhodes Trust that manages the Rhodes Scholarship. He is also the Chairman of the Governing board of Public Health Foundation of India He also serves on the Asia Pacific Advisory Board of British Telecommunications. In 2005 he co-chaired the World Economic Forum in Davos.

Personal life

His wife, Sudha Murthy (née Kulkarni), is an Indian social worker and accomplished author. She is known for her philanthropic work through the Infosys Foundation. Her sister, Jayashree Deshpande is wife of enterpreneur and founder of US-based Sycamore Networks, Gururaj Deshpande. Murthy is the brother-in-law of serial entrepreneur Gururaj "Desh" Deshpande.

Awards and honours

Year Name Awarding organization Ref.
2012 Fortune's 12 Greatest Entrepreneurs of our Time Fortune Magazine
2011 CNBC Lifetime Achievement Award CNBC
2011 Forbes Lifetime Achievement Award Forbes
2011 NDTV Indian of the Year's Icon of India NDTV
2010 IEEE Honorary Membership Institute of Electrical and Electronics Engineers.
2010 Man of the Year GQ Magazine
2010 Foreign Associate Member United States National Academy of Engineering
2009 Woodrow Wilson Award for Corporate Citizenship Woodrow Wilson International Center for Scholars
2008 Padma Vibhushan President of India
2008 Officer of the Legion of Honor Government of France
2007 Commander of the Order of the British Empire (CBE) Government of United Kingdom
2007 IEEE Ernst Weber Engineering Leadership Recognition Institute of Electrical and Electronics Engineers
2003 Indo-French Forum Medal Indo-French Forum
2003 World Entrepreneur of the Year Ernst and Young
2002 Asia's Businessman of the Year Fortune Magazine
2001 Wharton Business School Dean's Medal University of Pennsylvania
2001 Nikkei Asia Prize Nikkei Inc.
2001 Max Schmidheiny Freedom Prize Switzerland
2000 Padma Shri President of India
  • 2006: In November 2006, TIME magazine voted him as one of the Asian heroes who have brought about revolutionary changes in Asia in the last 60 years. The list featured people who have had a significant impact on Asian history over the past 60 years and it included others such as Mahatma Gandhi, Dalai Lama, Mother Teresa, and Muhammad Ali Jinnah.
  • 1999: BusinessWeek named him one of the nine entrepreneurs of the year.

Books

  • A Better India, A Better World, Penguin Books, 2009, ISBN 978-0-670-08283-4

References

  1. "India Today 2005 Power List". Indiatoday.com. 21 February 2005. Retrieved 8 November 2011.
  2. ^ Forbes http://www.forbes.com/profile/nr-narayana-murthy. {{cite news}}: Missing or empty |title= (help)
  3. "Murthy to join HSBC board, to get over Rs 50 lakh annual fee". Articles.economictimes.indiatimes.com. 4 March 2008. Retrieved 8 November 2011.
  4. "485 Interview with N.R. Narayana Murthy". India-seminar.com. Retrieved 8 November 2011.
  5. Roy, Prannoy (29 March 2008). "An Interview With Narayana Murthy". maheshone. Retrieved 9 October 2011.
  6. Non-Executive Chairman - MSN Report.
  7. "Infosys chairman Narayana Murthy calls it a day". The Times of India. 19 August 2011. Retrieved 19 August 2011.
  8. "Friday farewell: Narayana Murthy logs out of Infosys". IBNLive. 20 August 2011. Retrieved 20 August 2011.
  9. ^ Bloomberg Businessweek profile - N. R. Narayana Murthy CBE
  10. "The Rhodes Trust and Trustees - The Rhodes Trust". Rhodeshouse.ox.ac.uk. Retrieved 8 November 2011.
  11. "Narayana Murthyto chair PHFI". The Hindu. Chennai, India. 12 July 2011. Retrieved 19 July 2011.
  12. "United Nations Foundation - N. R. Narayana Murthy (India)". Unfoundation.org. 20 August 1946. Retrieved 8 November 2011.
  13. "How to build a great company". Rediff.com. 31 January 2005. Retrieved 8 November 2011.
  14. Venkatesha Babu (18 December 2009 (2009-12-18)). "Gururaj Deshpande - The serial entrepreneur". Mint. HT Media Ltd. Retrieved 22 March 2011 (2011-03-22). {{cite news}}: Check date values in: |accessdate= and |date= (help)
  15. "The 12 greatest entrepreneurs of our time".
  16. "Region's Top Leaders Named at the 10th CNBC Asia Business Leaders Awards".
  17. "N.R.N. Murthy: Margins Better Than Revenues". Retrieved 31 October 2011.
  18. "NDTV Indian of the Year 2011". ndtv.com. Retrieved 19 October 2011.
  19. "IEEE Honorary Membership Recipients" (PDF). IEEE. Retrieved 20 December 2010 (2010-12-20). {{cite web}}: Check date values in: |accessdate= (help)
  20. "GQ Men of the Year 2010". GQ Magazine. Retrieved 27 September 2010 (2010-09-27). {{cite web}}: Check date values in: |accessdate= (help)
  21. "NAE Members Directory - Mr. N. R. Narayana Murthy". NAE. Retrieved 15 January 2011 (2011-01-15). {{cite web}}: Check date values in: |accessdate= (help)
  22. "Wilson Center Awards Dinner in New Delhi, India". Woodrow Wilson International Center for Scholars. Retrieved 9 January 2009 (2009-01-09). {{cite web}}: Check date values in: |accessdate= (help)
  23. "Padma Vibhushan Awardees - Padma Awards - My India, My Pride - Know India: National Portal of India". India.gov.in. Retrieved 8 November 2011.
  24. "Naryanamurthy receive highest civilian honour of France". The Times of India. Retrieved 26 January 2008.
  25. "British Honorary Awards".
  26. "IEEE Ernst Weber Engineering Leadership Recognition Recipients" (PDF). IEEE. Retrieved 20 November 2010 (2010-11-20). {{cite web}}: Check date values in: |accessdate= (help)
  27. "Infosys chief conferred Indo-French Forum medal". Rediff.com. Retrieved 8 November 2011.
  28. "Indian Businessman Named World Entrepreneur of the Year - re> MONTE CARLO, Monaco, June 9 /PRNewswire/". Prnewswire.com. Retrieved 8 November 2011.
  29. "Narayana Murthy, Nilekani Asia's Businessmen of the Year 2003 - Economic Times". Articles.economictimes.indiatimes.com. 10 February 2003. Retrieved 8 November 2011.
  30. "Wharton Dean's Medal for Narayana Murthy". rediff.com. 19 May 2001. Retrieved 8 November 2011.
  31. "Nikkei.com - Winners of the Prizes". E.nikkei.com. Retrieved 8 November 2011.
  32. "Max Schmidheiny Foundation, Freedom Prize Awardees 2001: Lennart Meri, Narayana Murthy". Ms-foundation.org. Retrieved 8 November 2011.
  33. "N.R. Narayana Murthy | Infosys | Catamaran Fund | Personalities –". Karnataka.com. Retrieved 8 November 2011.
  34. Perry, Alex (13 November 2006). "Asian Heroes: Narayana Murthy". TIME. Retrieved 8 November 2011.
  35. http://www.gsb.stanford.edu/cgbe/documents/Mr.Murthyprofile.pdf. {{cite news}}: Missing or empty |title= (help)

External links

HSBC
Origin The logo of HSBC
Board of directors
Brands
Principal local banks
Subsidiary banks
Minority stakes and JVs
Predecessor companies
Former subsidiaries
Scandals

Template:Persondata

Categories: