Rohan will have no leadership role says Narayana Murthy

2:17pm SD Shibulal to CNBC-TV18: Board's decision on whether I will continue as CEO & MD till 2015

2:16pm SD Shibulal to CNBC-TV18: No change in retirement age policy of Infosys

2:15pm SD Shibulal to CNBC-TV18: Won billion-dollar orders in second half of last year

2:12pm SD Shibulal to CNBC-TV18: Have built a model that delivers high revenue productivity

2:10pm Narayana Murthy to CNBC-TV18: Will change biz strategy 3.0 if needed

2:09pm Narayana Murthy to CNBC-TV18: Aspects of 3.0 strategy have worked exceptionally well

2:08pm Narayana Murthy to CNBC-TV18: Have not made a detailed study of Infosys' Biz Strategy 3.0

2:06pm Narayana Murthy to CNBC-TV18: Admire SD Shibulal for his commitment & dedication

2:04pm Narayana Murthy to CNBC-TV18: Will help CEO in achieving his role as much as possible

2:02pm Narayana Murthy to CNBC-TV18: Have helped by adding value to Infosys CEOs in past

NR Narayana Murthy, SD Shibulal in an exclusive interview with Shereen Bhan

1:51pm Narayana Murthy: Will do our best to overcome challenges

1:50pm Narayana Murthy: Important for me to not pass judgement on company

1:48pm SD Shibulal: Glad that N Murthy returning as Infosys' Executive Chairman

1:53pm Narayana Murthy: Value to come in terms of ideas, helping CEO

1:47pm Narayana Murthy: Need of the day is to add value to MD Shibulal

1:46pm Narayana Murthy: Not fair to say founder-CEOs have not performed well

1:42pm Narayana Murthy: Son Rohan will have no leadership role

1:40pm Narayana Murthy: Not in touch with executive responsibilities for last 7 years

1:33pm Narayana Murthy: Infosys needs to enhance focus on large deals

Murthy To The Rescue: Catch the CNBC-TV18 Exclusive interview with the new Infosys Top Brass NR Murthy,SD Shibulal & KV Kamath at 2 pm today

1:32pm Narayana Murthy: Most grateful to board, Infy management for giving me this opportunity

1:31pm Narayana Murthy: See appointment as 'Second Innings' at Infosys

1:30pm Narayana Murthy: Unique opportunity for me to add value to Infosys

1:29pm Narayana Murthy: KV Kamath asked me to take over as Executive Chairman on May 4

1:28pm Narayana Murthy: I had not imagined that I would need to be back in executive capacity

1:27pm Narayana Murthy: Was in a dilemma on returning to an executive role

1:26pm Narayana Murthy: Very unusual for me to be back at Infosys

1:25pm KV Kamath: Board unanimously decided on N Murthy's reappointment

NR Narayana Murthy has returned to Bangalore-based Infosys , the software services exporter, he had founded, at a time the company is going through challenging times and failing to keep pace with its rivals like Tata Consultancy Services , HCL Technologies , Accenture and Cognizant Technologies.

Narayana Murthy has been appointed as executive chairman of the board and additional director, effective Saturday. KV Kamath is in turn stepping down from his position as the board chairman and will now be a lead independent director.

Murthy's election as a Director would be placed for consideration of the company's shareholders at the annual general meeting on June 15 and a seperate extraordinary general meeting will be held to seek shareholders approval for appointing him as executive chairman, Infosys said.