Biography of Nagavara Ramarao Narayana Murthy
One of the founders of Infosys Technologies is Nagavara Ramarao Narayana Murthy, also known by his stage name Narayana Murthy. NR Narayana Murthy also known as Nagavara Ramarao Narayana Murthy is a well-known Indian businessman and software engineer.
He is also one of the seven founders of Infosys Technologies, an Indian company that provides global consulting and IT services. He served as founder, chairman, chief executive officer (CEO), president and chief mentor of the company before retiring as chairman emeritus. Prior to working for Infosys, Murthy worked as chief systems programmer at the Indian Institute of Management, Ahmedabad and Patni Computer Systems, Pune (Maharashtra).
In 1981, he founded Infosys and served as its CEO from 1981 to 2002 and as its chairman from 1981 to 2011. In 2011, he stepped down from the board and was given the title of chairman emeritus. In June 2013, Murthy was elected executive chairman for a five-year term. According to Fortune magazine, Murthy is one of the 12 greatest business leaders of all time.
Time magazine and CNBC called him the “Father of Indian IT Business” for his role in the outsourcing sector in India. Murthy has been awarded the Padma Vibhushan and Padma Shri.
Age of Nagavara Ramarao Narayana Murthy
Indian billionaire businessman Nagavara Ramarao Narayana Murthy's date of birth is 20 August 1946. As of 2022, Nagavara Ramarao Narayana Murthy is 76 years old. Nagavara Ramarao Narayana Murthy's zodiac sign is Leo. Nagavara Ramarao Narayana Murthy's caste is Brahmin. Nagavara Ramarao Narayana Murthy's hobbies are reading and listening to old Hindi and Kannada songs.
Nagavara Ramarao Narayana Murthy's family
Nagavara Ramarao Narayana Murthy was born in Shidlaghatta, Karnataka. Nagavara Ramarao Narayana Murthy's father is N. Rama Rao, who was a high school teacher. Nagavara Ramarao Narayana Murthy's mother is Padavathamma Murthy. He has seven siblings.
Nagavara Ramarao Murthy's wife Sudha Murthy is an electrical engineer and a gold medalist from the Karnataka State and Indian Institution of Engineers. She is now a writer and social worker. His wife Sudha Murthy is a successful businesswoman, educationist, writer and head of Infosys Foundation.
Nagavara Ramarao Narayana Murthy has two children, son Rohan Murty and daughter Akshata Murty. Rohan started working at Infosys in June 2013 as an executive assistant to his father. He left Infosys in June 2014. In 2009, Akshata married Rishi Sunak, the former UK Chancellor of the Exchequer and Conservative MP for Richmond Yorkshire. Murthy rejects religious beliefs.
Nagavara Ramarao Narayana Murthy's Educational Background
Nagavara Ramarao Narayana Murthy studied electrical engineering at the National Institute of Engineering, Mysore and obtained a Master of Technology from the Indian Institute of Technology, Kanpur in 1969.
Nagavara Ramarao Narayana Murthy's Marriage
On February 10, 1978, Nagavara Ramarao Narayana Murthy married Sudha Murthy, a wealthy businessman and director of the Infosys Foundation. They have two children, son Rohan Murty and daughter Akshata Murty. In June 2013, Rohan started working as an executive assistant to his father at Infosys. He left Infosys in June 2014. In 2009, Akshata married Rishi Sunak, a former Conservative MP and UK Chancellor of the Exchequer.
According to Sudha Murthy, giving your partner space is crucial. She claims that her husband, Narayana Murthy, is an introvert while she is an extrovert. Despite their differences, they always respect each other's personal space and interests. According to her, this is a key factor in their successful and happy marriage.
In the 1980s, Narayana Murthy proposed the idea of starting Infosys to his wife but lacked the funds to start the company. Sudha Murthy took on the expenses to help him. She contributed Rs 10,000 from her savings to start the company. She resigned from her job at Tata Motors and moved to Pune to support her husband. It is to her credit that she enabled Narayana Murthy to achieve his goal.
The Murthy brothers get along well with each other. After a busy day, they talk to each other and avoid negativity, which helps to lift each other's spirits. According to Narayana Murthy, this is a must for a happy marriage.
Nagavara Ramarao Narayana Murthy's career
Murthy started out as a research assistant to the faculty at IIM Ahmedabad and eventually rose to become the lead systems programmer. While at Indian Electronics, he designed and implemented a BASIC interpreter while developing India's first time-sharing computer system. He founded Softronics. After the company closed down after about a year and a half, he joined Patni Computer Systems in Pune.
Murthy says his transformation from a confused leftist/communist to a compassionate capitalist during his arbitrary detention and exile to a communist border town in 1974 inspired him to found Infosys. In 1981, Murthy and his team of six software developers founded Infosys with a seed investment of Rs 10,000 from his wife Sudha Murthy. Murthy served as CEO of Infosys for 21 years from 1981 to 2002. Co-founder Nandan Nilekani succeeded him. He developed and implemented a global delivery model at Infosys for outsourcing IT services from India. He served as Chairman of the Board from 2002 to 2006. He subsequently also served as Chief Mentor. He left the company in August 2011 and was given the title of Chairman Emeritus.
Murthy has served on the boards of DBS Bank, Unilever, ICICI and NDTV. He is currently an independent director on the board of HSBC. He is a trustee of the Rhodes Trust, Infosys Prize, Princeton Institute for Advanced Study and other educational and charitable organizations, and serves on their advisory boards and councils.
These organizations include Cornell University, INSEAD, ESSEC, Ford Foundation, United Nations Foundation, India-UK Partnership, Asian Institute of Management and INSEAD. In addition, he serves as the Chairman of the Board of Directors of the Public Health Foundation of India. He is a member of the Advisory Board of British Telecom Asia Pacific. He served as Co-Chairman of the 2005 World Economic Forum in Davos.
In June 2013, Murthy rejoined Infosys as Executive Chairman and Director. In June 2014, he resigned as Executive Chairman and served as Non-Executive Chairman until October, when he was appointed Chairman Emeritus. Murthy also serves on the Strategic Committee, which advises on strategic policy and governance for Cyril Amarchand Mangaldas, a major law firm. He is a member of the International Advisory Board of IESE (IAB).
In a 2016 interview with Harvard Business Review Ascend, Murthy discussed how to be a better manager. Murthy expressed concern about alleged corporate governance lapses at Infosys in 2017. The company later denied the allegations.
Nagavara Ramarao Narayana Murthy Controversy
The world's largest provider of technology services is Infosys Ltd. (INFY). On Wednesday, Infosys agreed to pay $34 million to end a U.S. investigation into a common practice by Indian companies of using temporary visas to send employees to U.S. clients. About 15,000 employees work for Infosys in the U.S.
Of those, about 10,800 have H-1B visas, which allow workers to stay and work in the U.S. for up to six years, and 1,600 have temporary L-1 visas, according to company filings as of March 31.
According to Infosys, I-9 forms and B-1 business licenses are the main subjects of the US investigation. While in the US on a B-1 visa, the holder can attend meetings but cannot conduct business. The Bengaluru-based company said it used the B-1 visa for legitimate business purposes and had no intention of violating the standards of the H-1B program.
Infosys gets about one B-1 visa for every 10 H-1B visas it receives, said a person familiar with the matter, who asked not to be identified discussing private matters. U.S. officials have been investigating Infosys’s use of visas since 2011. To end the U.S. investigation, Infosys this month set up a $35 million reserve, which includes legal fees.
Net worth of Nagavara Ramarao Narayana Murthy
Narayana Murthy NR Net Worth: NR Narayana Murthy is an Indian entrepreneur with a net worth of $1.6 billion. Narayana Murthy is best known as an IT industrialist as the co-founder of Infosys, a global business consulting technology engineering and outsourcing services provider. NR Narayana Murthy is one of the 100 richest people in India with a net worth of $3.9 billion (Rs 302,010 crore).
He is a billionaire from India. His son Rohan, who graduated from Harvard, donated $5.2 million to Harvard University Press to establish the Murthy Classical Library, which houses Indian classical literature. Murthy is one of the richest men in India. He lives a simple life but has achieved great success financially. Fortune magazine listed Murthy as one of the 12 greatest businessmen of all time.
Awards received by Nagavara Ramarao Narayana Murthy
- 2000 Padma Shri Award from the Government of India
- 2003 Ernst & Young Entrepreneur of the Year Award
- 2007 IEEE Ernst Weber Engineering Leadership Award from the Institute of Electrical and Electronics Engineers
- In 2007, he was awarded the Honorary Commander of the Order of the British Empire by the British government
- 2008 Padma Bhushan awarded by the Indian government
- In 2008, he was awarded the Legion of Honor by the French government.
- 2011 NDTV India Person of the Year, named Indian Idol by NDTV
- 2013 Asian Philanthropist Award
- The 2014 CIF Chanchlani Global Indian Award from the Canadian India Foundation.
6 Interesting Facts About Nagavara Ramarao Narayana Murthy
- Before starting Infosys, he gained a wealth of knowledge and started his entrepreneurial career with humility. He worked as a Lead System Programmer at Patni Computer Systems, Pune and Indian Institute of Management, Ahmedabad (Maharashtra).
- In 1981, Narayana Murthy and six software professionals founded Infosys with a seed investment of Rs 10,000 from his wife Sudha Murthy, a renowned novelist and acclaimed engineering fellow who currently manages the Infosys Trust, a foundation that helps the less fortunate.
- NR Narayana Murthy served as CEO of Infosys from 1981 to 2002. He served as Chairman from 2002 to 2011. In 2011, he left the board and was appointed Chairman Emeritus. In June 2013, Murthy was elected Executive Chairman for a five-year term.
- Murthy was named one of the 12 greatest business leaders of all time by Fortune magazine, and Time magazine called him the “Father of India's IT Business” for his involvement in India's outsourcing business.
- The self-made businessman is also a role model of strong business ethics and ranked 1135th among the world's billionaires in 2020. He was ranked 51st among the richest Indians in 2019. However, this humble and down-to-earth family lives a simple life and is actively involved in philanthropy.
- Narayana Murthy has written an inspirational book titled Better India: Better World, which draws on the saga of Infosys and lessons learned from two decades of economic reforms in India. Murthy lays out guidelines that future generations must follow in order to inherit a truly progressive country.
Copy this article Nagavara Ramarao Narayana Murthy Age Biography Family Net Worth Marriage Wife
please put the source on the website dut.edu.vn
Categories: Biography
Source: dut.edu.vn
