infosys founders

Renowned for his strategic insight, Nitin Paranjpe has enjoyed a lucrative career spanning several decades at Unilever and HUL. Holding the title of non-executive chairman at HUL comes with board compensation, but his wealth is primarily a byproduct of his leadership in top executive positions and influential board roles over the years.

In March, SIP inflows saw a record high of around INR32,000 crore even though the markets were down 10%. But fund managers say if retail investors don’t see returns for another 18 months, most of them will start pulling back.

Infosys' early startup investment in wearables firm Whoop is now valued at nearly $100 million, a significant return from its $3 million stake in 2015. With Whoop targeting an IPO and experiencing substantial growth, this strategic bet highlights a shift towards digital platforms, though scaling such successes remains a key challenge for IT services firms.

Infosys founder N.R. Narayana Murthy advises professionals to "love your job, but never fall in love with your company." This perspective emphasizes finding fulfillment in one's craft and skills, rather than solely in organizational loyalty. Such a mindset fosters resilience, independence, and long-term career success amidst evolving workplaces.

Indian equity benchmarks, Sensex and Nifty, staged a strong intraday recovery to close higher on Tuesday. Easing crude oil prices, positive global cues, and robust buying in IT stocks fueled the rebound. Despite initial weakness, markets ended firmly in the green, with IT stocks leading the gains.

Dalal Street opened higher on Tuesday, with benchmark indices rising after a strong rebound in the previous session. Intense buying in banking and IT stocks, coupled with a strengthening rupee, boosted investor confidence. Global markets showed a mixed trend as oil prices climbed amid Middle East tensions.

Infosys is set to acquire Optimum Healthcare IT for up to $465 million, bolstering its healthcare provider segment capabilities. This all-cash deal, expected to close in Q1 FY2027, will integrate Optimum's digital transformation expertise with Infosys' AI and cloud offerings, accelerating growth for healthcare providers.

Indian stock markets brace for a volatile, shortened week. Geopolitical tensions in the Middle East, crude oil price fluctuations, and the rupee's stability are key concerns. Foreign investors have pulled significant funds amid the ongoing conflict. Analysts anticipate continued sensitivity to global developments, with domestic economic data also under scrutiny.

Stock market today: In a highly volatile trading session, the 30-share BSE Sensex advanced 325.72 points, or 0.44 percent, to close at 74,532.96. During the day, it had surged as much as 1,079.15 points, or 1.45 percent, to touch 75,286.39.

Infosys is mandating junior employees (job level 6A and above) to work from the office at least four days a week, extending its previous policy. This move aims to reinforce hybrid work guidelines and improve collaboration, following similar shifts by rivals like Wipro and TCS. The company is reviewing monthly return-to-office data to ensure adherence.

Stock market today: The 30-share BSE Sensex advanced 639.82 points, or 0.82 per cent, to finish at 78,205.98. During the session, the index had climbed as much as 960.09 points, or 1.23 per cent, to reach an intraday peak of 78,526.25. Similarly, the NSE Nifty 50 rose 233.55 points, or 0.97 per cent, to settle at 24,261.60.

Global software stocks experienced an $830 billion wipeout following the launch of AI plugins, sparking fears of obsolescence. However, tech leaders like TCS CEO K Krithivasan push back, arguing complex enterprise systems won't be replaced by chatbots. Wall Street is repricing the sector, questioning if AI will hollow out or enhance software companies.

Infosys founder NR Narayana Murthy underscores the role of parents in cultivating disciplined learning environments for children. During a physics textbook launch, he detailed his family's study routines that excluded television. Murthy also criticized coaching classes, advocating for primary learning within classrooms complemented by parental guidance at home.

The CEO of Fino Payments Bank, Rishi Gupta, was arrested by the DGGI in connection with a Rs 3,000 crore GST evasion probe involving shell companies and online money gaming. The arrest has sparked concerns within the financial services sector regarding the proportionality of enforcement actions and potential impacts on governance continuity.

Investors and former Infoscions said that it would not be a “bad thing“ if the co-founders of Infosys were to sell their stake in the company , though it will be a pivotal moment for India's second largest IT services provider.

Infosys founder Narayana Murthy on Tuesday said this was the best time to work towards making India prosperous and adherence to discipline was the route to success.

NR Narayana Murthy redefines entrepreneurship at 'Day Zero 2024' event, stressing continuous improvement, market access, talent recruitment, and Log9 Materials' shift to Amphion for EV asset management.

Anthropic's Claude AI now handles the majority of the company's coding, pushing human engineers towards complex problem-solving and strategic decisions. This shift, exemplified by Claude Cowork's ability to automate multi-step tasks, has triggered significant market reactions, particularly in the IT sector, as AI's capacity to outperform large teams on execution-heavy tasks becomes evident.

Infosys founder NR Narayana Murthy expresses regret over not being able to reward early employees as much as the cofounders. Murthy acknowledges the contribution of smart early adopters and wishes he had given them more stock.

Infosys founder NR Narayana Murthy publicly admitted on Wednesday that he was wrong in his longstanding belief that children of founders should not become involved in the company. He said he was wrong in his decision to keep the next-generation promoter group out of Infosys.

Infosys founder N R Narayana Murthy believes that while Right to Education Act is a progressive legislation, it may not be the answer to quality education for poor children. The answer, he says, lies in improving government schools. In an interview with TOI, Murthy also expressed concern over countries like South Korea and Singapore doing better than India in research

Infosys then said the agreement with Bansal had provided for non-compete obligations, as also other rights and obligations. Many observers believe the payment was suspended following objections, especially from some of Infosys's founders, that the amount was excessive.