In 2018, a whistleblower questioned corporate governance at Infosys and accused co-founder Nandan Nilekani of 'conniving with the current board to quietly bury all the wrongdoings of the earlier board'
Murthy added that many individuals in the unorganised sector will lose their jobs if the lockdown continues for a long time.
The two industrialists shared the stage at an event in Mumbai where Murthy touched Tata’s feet immediately after presenting an award.
Speaking at the annual Tiecon event, Murthy said a bulk of the money which gets invested as risk capital in the upcoming companies is from abroad and there is a need for domestic money to play an important role in this.
Murthy said India offers a huge opportunity for collaboration between the academic institutions and the private sector to collaborate and address everyday problems.
Recalling the incident, Murthy said he was engaged in a conversation with a girl, who could only understand French, but it landed him in trouble.
When growth seemed to be slowing in June 2013, Narayana Murthy returned to the company along with his son Rohan despite promising that to keep his family away from the IT services company he built with six others. We know how this rescue mission ended.
The current whistleblower letter is far more serious than the one in 2017
The moon mission has stoked curiosity like no other. More to the point, another loop of success is in the making
Murthy was responding to a query on the changing pattern in Indian electoral system here. Murthy had come along with his wife Sudha Murthy to excercise his franchise in Jayanagar area falling under Bengaluru South parliamentary constituency.
"The biggest challenge we have is to train our youth in being prepared for IoT, machine learning, deep learning, automation etc...youngsters will have to be trained if we want to create a larger and larger number of jobs," Murthy told PTI.
The Bengaluru-headquartered company, he said, created the middle class aspiration in the country and made them think global. Balakrishnan saw it as an extraordinary story of how a few people with little background came together, built a global company and ran it in a legal and ethical manner, still creating enormous amount of wealth and share it with all stakeholders.
Murthy was speaking on the government's demonetisation of high value banknotes in November 2016 at a session with students of Presidency University here.
Rishi Sunak (37), a Conservative party MP for Richmond (Yorkshire), has been appointed the new parliamentary under- secretary of state in the Ministry of Housing, Communities and Local Government as part of a reshuffle.
Terming the trend of no hikes for juniors and freshers as "worrisome," Murthy rued that the senior level people have been taking handsome hikes
In a statement late on Tuesday, Infosys co-founder Narayana Murthy said he stands by the questions he had raised on corporate governance at the company.
The iconic co-founder of infosys also said that he has seen the impact of not having clean cookstoves. "I come from a family of lower middle class. My father was a high school teacher. We were 8 children. My siblings and I have watched our mother cooking breakfast, lunch and dinner using woodstove and the poor lady had to work very hard.
"...children have to be encouraged and equipped to become contributors to solving huge problems that confront us everyday. India probably has more problems facing its citizens than any other country in the world," Murthy said while delivering the first Professor MGK Menon Memorial Lecture last evening.
In his first press conference since returning to Infosys, the newly-appointed Chairman said he represents 100% of the shareholders.
Narayana Murthy postponed his conference call with investors citing health issues, according to Investec.
Narayana Murthy’s shareholding may be minuscule but his influence has been large and so has the damage he has caused
In every corporate spat, the biggest price is usually paid by the minority shareholders and Infosys is unlikely to be any different.
"We have reached a situation that is not tenable," Infosys co-chairman Ravi Venkatesan said, adding that the Board's decisions have not gone down well with the founders.
Whether this is a particularly unpleasant hiccup for the Infy stock or the beginning of the end will depend on how well the company’s board has understood the Sikka mantra and the kind of individual they get as a replacement.
The Board has, over the course of the past year, tried to resolve the concerns raised by the founders but has been unsuccessful, the Infosys board said in a letter.