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N. R. Narayana Murthy | |
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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 mater | University of Mysore IIT Kanpur |
Occupation(s) | Chairman Emeritus, Infosys |
Spouse | Sudha Murthy |
Children | 2 |
Nagavara Ramarao Narayana Murthy, better known as N. R. Narayana Murthy, is an Indian software entrepreneur who 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 founded Infosys with six fellow computer professionals in 1981. He borrowed Rs 10,000/- from his wife Sudha Murthy to start 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 the Chairman of the Indian Rhodes Scholarships selection committee. Education: National Institute of Engineering, University of Mysore. Founded and CEO, Infosys, 1981-2002; Chairman of the Board and Chief Mentor, Infosys, since 2002. Board member, Unilever, HSBC, Ford Foundation, UN Foundation, Cornell University, Wharton School, Singapore Management University, Indian School of Business, Hyderabad, Indian Institute of Management Technology, Bangalore, and INSEAD. Chairman, Rhodes Scholarships Selection Committee for India, 2005-2009. Padma Vibhushan, India; Légion d'honneur, France; and other honours. Served since June 2010.
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
- 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
- "India Today 2005 Power List". Indiatoday.com. 21 February 2005. Retrieved 8 November 2011.
- Forbes http://www.forbes.com/profile/nr-narayana-murthy.
{{cite news}}
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(help) - "Murthy to join HSBC board, to get over Rs 50 lakh annual fee". Articles.economictimes.indiatimes.com. 4 March 2008. Retrieved 8 November 2011.
- "485 Interview with N.R. Narayana Murthy". India-seminar.com. Retrieved 8 November 2011.
- Roy, Prannoy (29 March 2008). "An Interview With Narayana Murthy". maheshone. Retrieved 9 October 2011.
- Non-Executive Chairman - MSN Report.
- "Infosys chairman Narayana Murthy calls it a day". The Times of India. 19 August 2011. Retrieved 19 August 2011.
- "Friday farewell: Narayana Murthy logs out of Infosys". IBNLive. 20 August 2011. Retrieved 20 August 2011.
- "The Rhodes Trust and Trustees - The Rhodes Trust". Rhodeshouse.ox.ac.uk. Retrieved 8 November 2011.
- "United Nations Foundation - N. R. Narayana Murthy (India)". Unfoundation.org. 20 August 1946. Retrieved 8 November 2011.
- Venkatesha Babu (18 December 2009 (2009-12-18)). "Gururaj Deshpande - The serial entrepreneur". Mint. HT Media Ltd. Retrieved 22 March 2011 (2011-03-22).
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(help) - "The 12 greatest entrepreneurs of our time".
- "Region's Top Leaders Named at the 10th CNBC Asia Business Leaders Awards".
- "N.R.N. Murthy: Margins Better Than Revenues". Retrieved 31 October 2011.
- "NDTV Indian of the Year 2011". ndtv.com. Retrieved 19 October 2011.
- "IEEE Honorary Membership Recipients" (PDF). IEEE. Retrieved 20 December 2010 (2010-12-20).
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(help) - "GQ Men of the Year 2010". GQ Magazine. Retrieved 27 September 2010 (2010-09-27).
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(help) - "NAE Members Directory - Mr. N. R. Narayana Murthy". NAE. Retrieved 15 January 2011 (2011-01-15).
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(help) - "Wilson Center Awards Dinner in New Delhi, India". Woodrow Wilson International Center for Scholars. Retrieved 9 January 2009 (2009-01-09).
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(help) - "Padma Vibhushan Awardees - Padma Awards - My India, My Pride - Know India: National Portal of India". India.gov.in. Retrieved 8 November 2011.
- "Naryanamurthy receive highest civilian honour of France". The Times of India. Retrieved 26 January 2008.
- "British Honorary Awards".
- "IEEE Ernst Weber Engineering Leadership Recognition Recipients" (PDF). IEEE. Retrieved 20 November 2010 (2010-11-20).
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(help) - "Infosys chief conferred Indo-French Forum medal". Rediff.com. Retrieved 8 November 2011.
- "Indian Businessman Named World Entrepreneur of the Year - re> MONTE CARLO, Monaco, June 9 /PRNewswire/". Prnewswire.com. Retrieved 8 November 2011.
- "Narayana Murthy, Nilekani Asia's Businessmen of the Year 2003 - Economic Times". Articles.economictimes.indiatimes.com. 10 February 2003. Retrieved 8 November 2011.
- "Wharton Dean's Medal for Narayana Murthy". rediff.com. 19 May 2001. Retrieved 8 November 2011.
- "Nikkei.com - Winners of the Prizes". E.nikkei.com. Retrieved 8 November 2011.
- "Max Schmidheiny Foundation, Freedom Prize Awardees 2001: Lennart Meri, Narayana Murthy". Ms-foundation.org. Retrieved 8 November 2011.
- "N.R. Narayana Murthy | Infosys | Catamaran Fund | Personalities –". Karnataka.com. Retrieved 8 November 2011.
- Perry, Alex (13 November 2006). "Asian Heroes: Narayana Murthy". TIME. Retrieved 8 November 2011.
- http://www.gsb.stanford.edu/cgbe/documents/Mr.Murthyprofile.pdf.
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External links
- Profile at Infosys
- Profile at Forbes
- N. R. Narayana Murthy Collected news and commentary at The Times of India
- In 2010 GQ India awarded Narayana Murthy Agent of Social Change
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- Use dmy dates from January 2012
- 1946 births
- Living people
- Indian businesspeople
- Recipients of the Padma Shri
- Recipients of the Padma Vibhushan
- Businesspeople in software
- Kannada people
- Indian billionaires
- HSBC people
- People from Bangalore
- People from Mysore
- Indian Institute of Technology Kanpur alumni
- Infosys
- Officiers of the Légion d'honneur
- Asian Institute of Technology
- University of Mysore alumni