Thursday, May 9, 2024
ADVT 
India

Narayana Murthy Says Regret Quitting As Infosys Chairman

IANS, 17 Jul, 2017 11:37 AM
  • Narayana Murthy Says Regret Quitting As Infosys Chairman
Opening up about his biggest regrets - personal or professional, he recounted that "a lot of my founder colleagues told me not to leave Infosys in 2014, to stay a few years".
 
N R Narayana Murthy on Monday said he regrets quitting as chairman of Infosys in 2014 and should have listened to other co-founders of India's second largest software exporter firm and stayed on.
 
Mr Murthy, who had infamous run-ins with the current management led by Vishal Sikka over corporate governance issues, however said he did not miss being in the campus daily.
 
Opening up about his biggest regrets - personal or professional, he recounted that "a lot of my founder colleagues told me not to leave Infosys in 2014, to stay a few years".
 
"Generally, I find that I am a very emotional person. A lot of my decisions are based on idealism and probably, I should have listened to them," he told CNBC TV18.
 
However, Mr Murthy did clarify that he did not miss being in the campus daily.
 
In 2014, 33 years after starting Infosys, Mr Murthy bid farewell to the company he had set up with six other co-founders.
 
 
 
Mr Murthy had the longest run of about 21 years as CEO before passing on the baton to Nandan Nilekani and then S Gopalakrishnan and S D Shibulal. In October 2014, former SAP board member Vishal Sikka took over as CEO.
 
Mr Murthy, by then, was serving a second stint at Infosys as Chairman. While he was appointed as Chairman Emeritus with effect from October 11, 2014, Mr Murthy turned down the offer.
 
However, over the last few months, Mr Murthy has been very vocal in criticising Infosys management on a slew of issues, including alleged lapses in corporate governance, CEO salary package and severance pay to former employees.
 
In the interview, the IT veteran termed the listing of the country's second largest software services firm on Nasdaq as his biggest success story.
 
"I think sitting on those high stools at Nasdaq when we got listed, when we became the first Indian company to be listed on Nasdaq, and borrowing the words of Neil Armstrong to say that it is a small step for Nasdaq, but a giant leap for Infosys and the Indian software industry. I think that was the best," he said.

MORE India ARTICLES

Punjab Man Makes 'Lewd Gesture' At Undercover Woman Cop At Delhi Airport, Gets Arrested

Punjab Man Makes 'Lewd Gesture' At Undercover Woman Cop At Delhi Airport, Gets Arrested
  Uniformed or not, getting fresh with a woman is sure to land you in the soup, and a man from Punjab learned this the hard way.

Punjab Man Makes 'Lewd Gesture' At Undercover Woman Cop At Delhi Airport, Gets Arrested

Now, 360-Day Advance Rail Booking Period For Foreigners

Now, 360-Day Advance Rail Booking Period For Foreigners
Now, foreign tourists can book train tickets 360 days in advance from abroad instead of the present 120 days.

Now, 360-Day Advance Rail Booking Period For Foreigners

Indian Radio Jockey Axed For Calling South Africa's Jacob Zuma A 'Zombie'

Indian Radio Jockey Axed For Calling South Africa's Jacob Zuma A 'Zombie'
Veteran Indian-origin radio presenter Ravi Naidoo Govender has been fired by South Africa’s public broadcaster for allegedly making derogatory remarks on his Facebook page against President Jacob Zuma. 

Indian Radio Jockey Axed For Calling South Africa's Jacob Zuma A 'Zombie'

Delhi High Court Extends Bail To 1984 Anti Sikh Riots Case Convict Captain Bhagmal

Delhi High Court Extends Bail To 1984 Anti Sikh Riots Case Convict Captain Bhagmal
The Delhi High Court on Tuesday extended bail granted on medical grounds to an 89-year-old convict serving life term in a case relating to the 1984 anti-Sikh riots.

Delhi High Court Extends Bail To 1984 Anti Sikh Riots Case Convict Captain Bhagmal

Miss India Manushi Chhillar Meets Haryana CM

Miss India Manushi Chhillar Meets Haryana CM
Femina Miss India World 2017 winner Manushi Chhillar met Haryana Chief Minister Manohar Lal Khattar here on Tuesday.

Miss India Manushi Chhillar Meets Haryana CM

Mob Lynches Jharkhand Man For Allegedly Raping And Murdering An 8-Year-Old Girl

Mob Lynches Jharkhand Man For Allegedly Raping And Murdering An 8-Year-Old Girl
In a horrific incident, a man accused of raping and murdering an eight-year-old girl, was allegedly lynched by mob in Dumka's Ramgarh.

Mob Lynches Jharkhand Man For Allegedly Raping And Murdering An 8-Year-Old Girl