Close X
Wednesday, November 27, 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

Woman Allegedly Gang-Raped, Then Thrown From Car Near Delhi

Woman Allegedly Gang-Raped, Then Thrown From Car Near Delhi
The woman, according to the cops, was kidnapped from Sohna road in Gurgaon and was allegedly gang-raped in a moving car and later dumped in Greater Noida.

Woman Allegedly Gang-Raped, Then Thrown From Car Near Delhi

Delhi-Lahore Bus Meets With Minor Accident In Fatehgarh Sahib, All Passengers Safe

Delhi-Lahore Bus Meets With Minor Accident In Fatehgarh Sahib, All Passengers Safe
The 'Sada-e-Sarhad' bus, which runs between India and Pakistan, met with an accident near Jahankhela village in Fatehgarh Sahib on the GT Road on Tuesday, police said.

Delhi-Lahore Bus Meets With Minor Accident In Fatehgarh Sahib, All Passengers Safe

Hotels, Pubs Near Punjab's Highways Can Serve Liquor

Hotels, Pubs Near Punjab's Highways Can Serve Liquor
The Punjab Council of Ministers, led by Chief Minister Capt Amarinder Singh, today formally exempted hotels, restaurants and clubs from the restrictions imposed (on the Supreme Court orders) on serving liquor within 500 metres of highways.

Hotels, Pubs Near Punjab's Highways Can Serve Liquor

Girl Allegedly Raped And Set Ablaze By Boy Friend

Girl Allegedly Raped And Set Ablaze By Boy Friend
The young man entered the house of the girl and raped her before setting her on fire with kerosene oil at Temtha Karari village, Superintendent of Police Minu Kumari said.

Girl Allegedly Raped And Set Ablaze By Boy Friend

Former Jathedar Gurmukh Singh Claims Dera Sacha Sauda Supporters Threatened Him

Former Jathedar Gurmukh Singh Claims Dera Sacha Sauda Supporters Threatened Him
Former acting Jathedar of Takht Damdama Sahib Giani Gurmukh Singh claimed on Monday that he received threats from supporters of Dera Sacha Sauda in Sirsa. 

Former Jathedar Gurmukh Singh Claims Dera Sacha Sauda Supporters Threatened Him

DELHI: 5-Month-Old Foetus Found Alive After Doctors Declare It Stillborn

DELHI: 5-Month-Old Foetus Found Alive After Doctors Declare It Stillborn
A senior doctor at Delhi's Safdarjung Hospital said there is a medical norm which prevents doctors from reviving a pre-mature baby with a weight below 500 grams, if found lifeless initially.

DELHI: 5-Month-Old Foetus Found Alive After Doctors Declare It Stillborn