info murthy ppt

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Early Life: Born: August 20, 1946 He came from a poor but educated family. His father was a high- school teacher and an avid reader of English literature. He was very much interested inPhysics and Maths,he could grasp theories of Science faster than the speed of light. His ambition was to study in Indian Institute of Technology. He got the highest mark in entrance examination, unfortunately due to his families economic situation his dad asked him to continue his studies in mysore itself. He recognized his families situation and continued his studies in mysore and got degree in Electrical Engineering from National Institute of Engineering University of Mysore in 1967. Finally he got a chance to enter into IIT Kharagpur and got Master degree in 1969. This son of a school teacher became a pioneer of India’s software industry. He is none other than Infosys’ founder, Narayana Murthy. His motto being , “Powered by Intellect, Driven by Values“.

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Page 1: Info Murthy Ppt

Early Life:

Born: August 20, 1946

He came from a poor but educated family. His father was a high-school teacher and an avid reader of English literature.

He was very much interested inPhysics and Maths,he could grasp theories of Science faster than the speed of light.

His ambition was to study in Indian Institute of Technology. He got the highest mark in entrance examination, unfortunately due to his families economic situation his dad asked him to continue his studies in mysore itself.

He recognized his families situation and continued his studies in mysore and got degree in Electrical Engineering from National Institute of Engineering University of Mysore in 1967.

Finally he got a chance to enter into IIT Kharagpur and got Master degree in 1969.

This son of a school teacher became a pioneer of India’s software industry. He is none other than Infosys’ founder, Narayana Murthy. His motto being , “Powered by Intellect, Driven by Values“.

Page 2: Info Murthy Ppt

Personal Life:

When Sudha and Murthy working at pune they planned to have dinner party with their friends at 7.30p.m.

Murthy came to the destination by 7’O clock itself because he was/is very time conscious.

Sudha also came by time, this shows her time consciousness, this character impressed Mr.Murthy.

On one fine day Mr.Murthy met Sudha and proposed, I am 5 4″ tall. I come from a lower middle class′ family. I can never become rich in my life and I can never give you any riches. You are beautiful, bright, and intelligent and you can get anyone you want. But will you marry me?

At that time Mr.Murty was working as a research assistant even he himself didn’t have money to support his family.

Murty’s early ambition was to become a politician in the communist party and wanted to open an orphanage. By this sudha’s father was very much unimpressed.

I wanted to marry Murty because he is an honest man. He proposed to me highlighting the negatives in his life. I promised my father that I will not marry Murty without his blessings though at the same time, I cannot marry anybody else.

Mr.Murthy and Sudha used to go for dinner and he would say, I don’t have money with me, you pay my share, I will return it to you later. For three years I maintained a book on Murty’s debt to me.

Their wedding bell rang on Feb 10 1978.

IN 1981 MURTY WANTED TO START INFOSYS. HE HAD A VISION AND ZERO CAPITAL…Sudha gave him Rs 10,000.

NandanNilekani suggested I should be on the Board but Murty said he did not want a

husband and wife team at Infosys.

He said, Sudha if you want to work with Infosys, I will withdraw, happily. If both of us come

to Infosys then what would happen to our home and our children? One of us had to take care

of our home while the other took care of Infosys.

Now sudha was much more happy about it bcozEven today, Murty says, Sudha, I stepped on

your career to make mine. You are responsible for my success.

Page 3: Info Murthy Ppt

Corporate Life:

In December 2005, Narayana Murthy was voted as the 7th most admired CEO/Chairman in the world in a global study conducted by Burson-Marsteller with the Economist Intelligence Unit. The list included 14 others with distinguished names such as Bill Gates, Steve Jobs and Warren Buffett.

In November 2006, TIME magazine again voted him as one of the Asian heroes who have

brought about revolutionary changes in Asia in the last 60 years.

He also serves on the boards of the Ford Foundation and UN Foundation. Indo-British Partnership, as a member of the Prime Minister's council on trade and industry, as a member of the Asia Advisory Board of British Telecommunications He is the chairman of the governing body of the International Institute of Information Technology - Bangalore, and was the Chairman of the Governing Body of the Indian Institute of Management, Ahmedabad. In addition, he is a member of the Board of Directors of INSEAD, Board of Overseers of the Wharton School of the University of Pennsylvania, Board of Trustees, Business Advisory Council of Great Lakes Institute of Management - Chennai, Singapore Management University Board of Trustees and the Board of Advisors for the William F. Achtmeyer Center for Global Leadership at the Tuck School of Business. Mr. Murthy also sits on the Board of Governors of the Asian Institute of Management (AIM), a graduate school of business located in the Philippines and is also the Chairman of the Board of Members of School of Management , Asian Institute of Technology (AIT) located in Bangkok, Thailand. He is the chairman of the, Asia Business Council, an organization headquartered in Hong Kong.

He is also a member of the Advisory Boards and Councils of various well-known universities – such as the Stanford Graduate School of Business, the Corporate Governance initiative at the Harvard Business School, Cornell committee on academic affairs and committee on alumni affairs and development, Yale University and the University of Tokyo’s President's Council.

Murthy retired from his executive position at Infosys on 20 August 2006. However, he continues as the Non-Executive Chairman of the board .

Murthy started a new venture capital fund called Catamaran Venture Fund with the money he got by selling 800,000 Infosys shares worth 174 Crores. Sudha Murthy does it again by helping him in setting up his VC Fund by giving him Rs.430 crores which she got by selling quarter of her stake 1.6% in Infosys.

Infosys:

Page 4: Info Murthy Ppt

Infosys was founded on 2 July 1981 by seven

entrepreneurs,N.R.Narayana Murthy, NandanNilekani, Kris Gopalakrishnan, S. D. Shibulal, K Dinesh

and with N. S. Raghavan and Ashok Arora officially being the first employee of the company.

The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.

humble backgrounds can create multi-billion dollar companies only on the basis of a vision, passion and hard work.

When he turned 60, Murthy retired from the services of Infosys. His personal worth that day was $1.3 bn. In 2002

he handed over the CEO’s post to NandanNilekani as he felt that “the others should also have their day in the

sun”.

Infosys headquarters in Bangalore, India

Infosys went public in 1993.

Interestingly, Infosys IPO was under subscribed but it was bailed out by US investment

banker Morgan Stanley which picked up 13% of equity at the offer price of Rs. 95 per share.

The share price surged to Rs. 8,100 by 1999. By the year 2000 Infosys's shares touched Rs.

15,600 before the catastrophic incident of 9/11, changed all that.

Page 5: Info Murthy Ppt

According to Forbes magazine, since listing on the Bombay Stock Exchange till the year

2000, Infosys' sales and earnings compounded at more than 70% a year.

In the year 2000, President of the United States Bill Clinton complimented India on its

achievements in high technology areas citing the example of Infosys.

Infosys has the largest corporate university in the world, located on its Mysore campus.

In 1999, Infosys became the first Indian company to be listed on NASDAQ.

Today (in 2009), Infosys has a turnover of more than $ 5 billion and has employee strength of over 50,000.

In 2002, Infosys was ranked No. 1 in the "Best Employers in India 2002" survey conducted by Hewitt and in the Business World's survey of "India's Most Respected Company."

In 1997, Infosys started the "Catch them Young Program", to expose the urban youth to the world of Information Technology by conducting a summer vacation program.

Page 6: Info Murthy Ppt

Mangalore Office.

Current share holding

Promoters and their families hold 16%.However Govt of India's LIC, which owns 3.78% is the single largest share holder of Infosys followed by Govt of UAE's Abu Dhabi Investment Authority which owns 1.67%.GOVERNMENT OF SINGAPORE also owns a significant stake of 1.11%.

Controversies:

A few months ago rumours about Infosys buying a large European company moved the European stock index. In

April 2003 when Infosys announced a lower profit growth for the next year, the BSE sensex fell 3.4% in a single

day and technology stocks lost Rs 16,000 crore in market capitalisation.

It’s not an exaggeration to say that when Infosys sneezes, the rest of the industry catches a cold.

Page 7: Info Murthy Ppt

Awards of Infosys:

Infosys won the Global MAKE (Most Admired Knowledge Enterprises) award, for the years

2003, 2004 and 2005, being the only Indian company to win this award.

Awards and Accolades of Dr.Narayana Murthy:

Padma Shri - Government of India Padma Vibhushan - Government of India Officer of the Legion of Honor - Government of France[4]

Order of the British Empire - Government of United Kingdom.[5

Chosen as the World Entrepreneur of the Year - 2003 by Ernst and Young.

Murthy also holds over 26 honorary doctorates from universities across the world.

Chairman of committee on corporate governance (2003),SEBI.

Life time achievement award for the year 2010.

Social Responsibility:

According to them Philanthropy is a profession and an art.

BUILT HOSPITALS, ORPHANAGES, REHABILITATION CENTRES, SCHOOL

BUILDINGS, SCIENCE CENTRES AND MORETHAN 3500 LIBRARIES

Murthy started a new venture capital fund called Catamaran Venture Fund with the money he got by selling 800,000 Infosys shares worth 174 Crores. Sudha Murthy does it again by helping him in setting up his VC Fund by giving him Rs.430 crores which she got by selling quarter of her stake 1.6% in Infosys.

Every year we donate around Rs 5-6 crore (Rs 50 – 60 million).

Quotes

“Our assets walk out of the door each evening. We have to make sure that they come back the next morning.”

Page 8: Info Murthy Ppt

Book:

A better India, A better world.

Corporate Social Responsibility

At Infosys, the distribution of wealth is as important as its legal and ethical creation. A strong sense of social responsibility is therefore an integral part of our value system.

Infosys Foundation

We are committed to contributing to the society and established the Infosys Foundation in 1996 as a not-for-profit trust to support our social initiatives. The Foundation supports programs and organizations devoted to the cause of the destitute, the rural poor, the mentally challenged, and the economically disadvantaged sections of the society.

The Foundation also helps preserve certain cultural forms and dying arts of India. Grants to the Foundation aggregated Rs. 19 crore during the fiscal year 2007, as compared to Rs. 13 crore in the previous year.

Community service

Through our Computers@Classrooms initiative launched in January 1999, we donated 2,567 computers to various institutions across India. Additionally, we have applied to the relevant authorities for permission to donate computers to educational institutions on an ongoing basis in the future. Microsoft Corporation continues to participate in this initiative by donating relevant software. We would like to place on record our appreciation for their continued support.

Social commitment in education

Infosys' Education & Research group has the pride of anchoring the Infosys Extension Program (IEP), which consists of the Infosys Fellowship Program, Rural Reach program, Catch Them Young and Train the Trainer.