Thirty years after he and his six friends got together to make the now iconic Infosys, Narayana Murthy is set to retire in August 2011, giving way to yet another veteran KV Kamath.
The other contender for the post was Kris Gopalakrishnan, the current CEO of Infosys, who is both a co-founder and the man responsible for making Infosys one of the top three IT firms in the country.
The move is positive, however, it would be too presumptuous to think a new chairman will turn things around in a quarter or two, says CNBC-TV18's Udayan Mukherjee.
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