Infosys founder Narayana Murthy aka Nagavara Ramarao Narayana Murthy obtained a four-year certification in electrical construction from the University of Mysore in 1967 and a postgraduate degree in innovation from the Indian Institute of Technology, Kanpur, in 1969.
He helped structure a framework for caring for air cargo at Charles de Gaulle Airport.
Returning to India, he recognized a situation with a PC frame organization in Pune, however inevitably, he decided to send his organization. He helped establish Infosys with six individual PC experts in 1981.
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The Inspiring Journey of Narayana Murthy
| Full Name | Nagavara Ramarao Narayana Murthy |
| Profession | 1. Narayana Murthy was named as one of the “Stars of Asia” by The Business Week for three consecutive years (1998–2000). 2. He was Fortune magazine’s 2003 Asian Businessman of the Year. 3. Murthy received two honors in 2001: The Max Schmidheiny Freedom Prize from the University of St. Gallen and the Wharton Dean’s Medal from the University of Pennsylvania. 4. The Ernst Weber Managerial Leadership Award was given to him in 2007. 5. The Indian government bestowed the Padma Vibhushan upon him in 2008. 6. He was given the Woodrow Wilson Award for Corporate Citizenship in 2009. 7. In addition, he was also honoured with the Hoover Medal in 2012. 8. He won The Thomas Jefferson Foundation Medal in 2017 and The Founder’s Medal in 2018. |
| Height | 163 cm, 1.63 m, 5’4″ |
| Date of Birth | August 20, 1946 |
| Birth Place | Sidlaghatta, India |
| Spouse | Sudha Murty |
| Children | Akshata Murty, Rohan Murty |
| Awards & Honours | 1. Narayana Murthy was named as one of the “Stars of Asia” by The Business Week for three consecutive years (1998–2000). 2. He was Fortune magazine’s 2003 Asian Businessman of the Year. 3. Murthy received two honors in 2001: The Max Schmidheiny Freedom Prize from the University of St. Gallen and the Wharton Dean’s Medal from the University of Pennsylvania. 4. The Ernst Weber Managerial Leadership Award was given to him in 2007. 5. The Indian government bestowed the Padma Vibhushan upon him in 2008. 6. He was given the Woodrow Wilson Award for Corporate Citizenship in 2009. 7. In addition, he was also honored with the Hoover Medal in 2012. 8. He won The Thomas Jefferson Foundation Medal in 2017 and The Founder’s Medal in 2018. |
| Net Worth | $4.1 billion |
N.R. Narayana Murthy founded Infosys in 1981. Infosys is today a global organization of deeply imaginative programming administrations registered on the NYSE in the US and on the Bombay Stock Exchange in Mumbai.
Infosys founder Narayana Murthy conceptualized, verbalized, and executed the Global Delivery Model (GDM), which has become the foundation of the Indian programming industry.
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GDM relies on cooperative broadcast programming improvement standards and has delivered better quality programming than customers around the world broadcast on schedule and within the financial plan.
Mr Murthy also introduced the world to the idea of the 24-hour workday.
Under Mr. Murthy’s authority, Infosys pioneered the advancement of the initiative, managerial and specialty readiness, scheduling innovation, quality, cost-effectiveness, customer center, worker compliance, and physical and mechanical foundations.
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Success of Infosys Founder Narayana Murthy
In 2014, Mr. N.R. Narayana Murthy was ranked 13th among CNBC’s 25 business pioneers worldwide and was listed among the “12 most important entrepreneurs in recent history” by Fortune in 2012.
Infosys founder Narayana Murthy has been awarded the Legion d’honneur de France, CBE of Great Britain, and Padma Vibhushan, from India. The Economist ranked him among the ten most respected business pioneers worldwide in 2005.
N.R. Narayana Murthy is among the top 10 in the Financial Times ‘Business Pioneers in Innovation’ list, distributed in March 2015. He is the Top Indian winner of the Ernst and Young Global Entrepreneur of the Year scholarship.
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Mr Murthy was elected as an individual by the renowned American Academy of Arts and Sciences in 2019. He is an unknown individual from the US National Academy of Engineering and a member of the Indian National Academy of Engineering.
Mr. Murthy earned the Founders Medal in 2018, the Hoover Award in 2012, and the Ernst Weber Medal in 2007, all three from the IEEE. He has received the Thomas Jefferson Award and the James C. Morgan Global Humanitarian Award.
As of now, Mr. Murthy works on the sheets for the Ford Foundation, the Institute for Advanced Study in Princeton, NJ, and the United Nations Foundation. He has worked on the leaves of HSBC and Unilever, both based in London.
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He has individually filled out the sheets of different notable universities in the United States such as Cornell University, Wharton School, Stanford University Graduate School of Business, and the Rhodes Trust in Oxford.
Mr. Murthy was president of the Indian Institute of Management (Ahmedabad), the number one business university in India, and the Public Health Foundation of India (PHFI).
N.R. Narayana Murthy is an individual of the leading alert body of the University of Tokyo (Japan), IESE Business School (Spain), ESSEC Business School (France), and Fundacao Dom Cabral (FDC – Brazil).
He also served on the global warning sheets for Yale University, the University of Illinois at Urbana-Champaign, the William F. Indian School of Business Center (Hyderabad), and the International Institute of Information Technology, Bangalore.
He is also a trustee of the Infosys Science Foundation, which administers the Infosys Award, an annual honor, to honor the extraordinary achievements of analysts and researchers in six classifications.
The organization developed gradually until the mid-1990s when the Indian government’s final push towards monetary advancement and deregulation contributed to emotional development in the PC and high-innovation segments of the country.
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Murthy energetically expanded his organization’s administrations and customer base, organizing the administrations of numerous overseas organizations to provide them with advice, framework coordination, scheduling enhancement, and item creation administrations.
By 1999, Infosys had joined the NASDAQ, becoming the leading Indian organization listed on a US exchange. The following year, Asiaweek featured Murthy in its Power 50, the magazine’s annual roundup of the place’s most influential people.
Additionally, BusinessWeek named him one of its “Asia Stars” for three consecutive years (1998-2000), and he was Fortune magazine’s 2003 Asian Businessman of the Year.
In April 2004, Murthy reported that Bangalore-based Infosys had posted absolute annual revenue of $1.06 billion. A disconcerting 33 percent expansion in revenue over the last financial year.
The organization’s development was all the more remarkable because it came amid a global recession in the data innovation industry. However, such an astonishing achievement was not without controversy.
A political discussion broadcast in the United States on the labor misfortunes caused by offshoring, the redistribution of work abroad. This was of real concern to Infosys, which deducted more than 66% of its income from US associations.
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Murthy reacted by saying that it was “normal” for concerns about the misfortunes of the occupation to be voiced and, taking into account that he showed that he thought re-appropriating was “staying,” he tried to mitigate some of the discontents by reporting that Infosys would build an advisory unit.
In the United States, it would use 500 workers. In the end, the discussion seemed not to have essentially scratched the Infosys business.
When Murthy resigned in 2006, he left an organization with about 70,000 representatives and $3 billion a year in revenue. He was awarded the Legion of Honor in 2008.
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Narayana Murthy warns GDP growth
N.R. Narayana Murthy is the incredible fellow benefactor and resigned director of the Indian tech mammoth Infosys, in which he continues to have a minority stake.
Murthy ventured as a manager in 2011 after 30 years with the organization. However, he returned in 2013 to hand over management to a savvy CEO in 2014.
The dispute prompted the CEO’s abdication and a purge of the board. Which saw the arrival of the resigned main supporter Nandan Nilekani as a non-chief administrator.
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Interesting facts about Narayana Murthy, the founder of Infosys
a. Humble beginnings
Born in a small town in Karnataka, India, in 1946, Murthy came from a modest background. His father was a schoolteacher, and his family couldn’t afford many luxuries.
Despite the challenges, Murthy excelled in his studies and went on to earn a bachelor’s degree in electrical engineering and a master’s degree in technology from prestigious Indian institutions. Opens in a new window www.infosys.comNarayana Murthy, founder of Infosys
b. Tech pioneer
Before founding Infosys, Murthy gained valuable experience working on cutting-edge projects in India and abroad.
He helped design an operating system for handling air cargo at Charles de Gaulle Airport in Paris and played a key role in developing India’s first time-sharing computer system at IIM Ahmedabad.
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c. Building Infosys from scratch
In 1981, with just $250 and a team of six fellow IT professionals, Murthy co-founded Infosys.
The company started small, offering computer consulting services to businesses in India. However, under Murthy’s leadership, Infosys grew rapidly, becoming a global leader in IT outsourcing and consulting.
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d. Championing ethical business practices
Murthy is known for his strong emphasis on ethical business practices. He instilled a culture of transparency, integrity, and corporate social responsibility at Infosys, which helped the company gain the trust of clients and investors worldwide.
e. Global Recognition
Murthy’s achievements have been widely recognized. He has been honored with numerous awards, including the Padma Bhushan (one of India’s highest civilian awards) and the Legion of Honour (France’s highest order of merit).
He has also been featured on lists of the most influential people in the world by publications like Time magazine and Fortune.
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f. Beyond business
Murthy is not just a successful businessman; he is also a philanthropist and thought leader. He is actively involved in supporting education and social welfare initiatives. He has also written several books on leadership and management, which have become popular reads for aspiring entrepreneurs.
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g. Retirement and continued influence
Although Murthy stepped down as Infosys’ chairman in 2011, he remains a respected figure in the Indian IT industry and beyond. He continues to mentor young entrepreneurs and advocate for ethical business practices.
Narayana Murthy’s story is an inspiring one, demonstrating the power of hard work, dedication, and ethical leadership. He is a true visionary who has not only transformed the Indian IT industry but also made a significant impact on the world stage.
We hope you found these facts interesting!
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The Inspiring Journey of Narayana Murthy: FAQ
How did Narayana Murthy start Infosys
He helped structure a framework for caring for air cargo at Charles de Gaulle Airport. Returning to India, he recognized a situation with a PC frame organization in Pune, however inevitably, he decided to send his organization. He helped establish Infosys with six individual PC experts in 1981.
Where did Narayana Murthy study
Infosys founder Narayana Murthy obtained a four-year certification in electrical construction from the University of Mysore in 1967 and a postgraduate degree in innovation from the Indian Institute of Technology, Kanpur, in 1969.
A speech by NR Narayana Murthy prose summary
He talked about lessons he learned from an event at New York University on 9 May 2007:
1. What is the importance of learning from experience?
2. The power of chance events.
3. How a growth mindset will lead you to embrace challenges.
4. Importance of self-knowledge.
Who is Narayana Murthy
N.R. Narayana Murthy is the pioneer of Indian business society. N.R. Narayana Murthy founder of Infosys. Under Mr Murthy’s authority, Infosys pioneered the advancement of the initiative, managerial and specialty readiness, scheduling innovation, quality, cost-effectiveness, customer centre, worker compliance, and physical and mechanical foundations.
How Narayana Murthy started Infosys
He helped structure a framework for caring for air cargo at Charles de Gaulle Airport. Returning to India, he recognized a situation with a PC frame organization in Pune, however inevitably, he decided to send his organization. Narayana Murthy established Infosys with six individual PC experts in 1981.
How much is Narayana Murthy’s net worth
$4.1 billion
According to Forbes as of April 2023, his net worth was estimated to be $4.1 billion, making him the 711th richest person in the world.
Why narayana murthy is a great leader
1. Narayana Murthy gives away Rs 50,000 crore worth of stock to employees.
2. Narayana Murthy builds transparency in Infosys.
3. Narayana Murthy always works for the welfare of his employees.
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