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Tag: Narayana Murthy

  • ‘Beyond Boardrooms: Narayana Murthy and Sudha Murty Share Their Untold Story’

    ‘Beyond Boardrooms: Narayana Murthy and Sudha Murty Share Their Untold Story’

    Mumbai: CNBC-TV18, India’s business news channel, is gearing up for an double feature on 8 January 2024, at 7 PM showcasing an exclusive interview with Shereen Bhan, managing editor CNBC-TV18 with two of India’s renowned leaders of India Inc NR Narayana Murthy, and Sudha Murty. The inspiring conversation delves into their extraordinary life, unveiling untold stories from their past and their personal sacrifice that fuelled the success of Infosys.

    In the interview, the Murthy’s open up about their journey from the early days of Infosys to personal milestones, offering a comprehensive understanding of their shared values and individual strengths. The conversation transcends business success, delving into the heart of their extraordinary relationship. From Sudha Murty’s choice to spell her surname as ‘Murty’ due to Sanskrit beliefs instead of ‘Murthy’ to NR Narayana Murthy’s commitment to leading by example, the couple provides glimpses into the values that built not only a successful business but also a harmonious family.

    Talking about taking a step back in her journey with Infosys Murty said, “Thinking about managing my family and work I thought of taking a step back, at least that’s what the brain said, but the heart did not accept it. The heart said no; I have to work because I love technology. Also, the idea of working hard for your own company brought a different kind of joy to me. It’s not just about money; the joy of working with your colleagues and creating a product or service is something very special. I always enjoyed that in telecom, and I have to acknowledge that for everything, there is a price.”

    In his latest interaction, Murthy while facing questions about the backlash surrounding his recommendation of a 70-hour work week, addressed the criticism and highlighted the hard work put in by the less privileged section in India, adding that people need to work hard in this country because poor farmers and factory workers work very hard, he said, “I rationalise it this way. When somebody has performed much better than me in their own field, I respect them and ask where they find me wrong in this. But I didn’t find it. A lot of my western friends, NRIs, and good people in India have called me and they are very happy about it. Those of us who received education at a very huge discount, thanks to subsidies from the government, owe it to the less fortunate citizens of India to work harder.”

    As the co-founders of Infosys, NR Narayana Murthy and Sudha Murty reveal the intricate layers of their journey, providing insights into their shared values, individual strengths, and the unconventional choices that have left an indelible mark on India’s corporate landscape. The interview, conducted by CNBC-TV18’s Shereen Bhan, goes beyond business, delving into the heart of their extraordinary relationship and emphasizing the art of sacrifice, resilience, and conviction that paved the way for Infosys. CNBC-TV18 invites viewers to witness the Murthys’ extraordinary story, emphasising the art of sacrifice, resilience, and conviction that paved the way for Infosys.

    Tune in on 8 January 2024, at 7 PM for this exclusive interview.

     

  • Catamaran announces leadership rejig: names M.D. Ranganath as chairman & Deepak Padaki as president

    Catamaran announces leadership rejig: names M.D. Ranganath as chairman & Deepak Padaki as president

    MUMBAI: Bangalore-headquartered investment firm, Catamaran has announced the appointment of M.D. Ranganath as its chairman. As a president of the firm for the last three years, Ranganath was instrumental in creating a strong foundation for growth of the firm’s investments and their performance.

    Catamaran also announced the appointment of Deepak Padaki as its president. He will be responsible for driving the firm’s investment management strategy in its mission to nurture ideas from entrepreneurs into impactful business outcomes. Padaki has 30 years of experience in the global IT services and software product industry, having played various roles in strategy, M&A, venture funding and risk management.

    “I am delighted on the appointment of Ranganath as chairman. He has helped the firm grow faster and emerge stronger as a key player in the market over the last few years”, said founder and chairman emeritus N.R. Narayana Murthy. “I am also very pleased to welcome Deepak. Catamaran will benefit from his experience and leadership as it prepares to scale in this next phase of its journey”, he added.

    Catamaran Ventures is a venture capital fund set up by Infosys Technologies Ltd founder and chairman N.R. Narayana Murthy that focuses on investments in early stage and growth start-up companies. The company serves clients in India.

  • Unsponsored ‘Remonetise India’ simulcast on all Times channels without ads

    Unsponsored ‘Remonetise India’ simulcast on all Times channels without ads

    MUMBAI: Times Network, the broadcast arm of the Times Group initiated, ‘Remonetise India – A Citizen’s Pledge’, a nationwide crusader campaign, urging Indians to take the next step from demonetization and Pledge for Growth. Keeping the government’s vision in mind, Remonetise India is an initiative by Times Network which calls all the Citizens of India to come out and make a difference. Urging the citizens to be the change agent for the changes they want to see, and bring India’s economy back on track. Times Network conducted a live Telethon from 6:00pm to 8:00pm, across all channels of the network and connected viewers to Opinion and Policy makers, encouraged them to invest more and educated the them about moving to a digital and a less cash economy.

    The live telethon was set in motion & moderated by Faye Dsouza, Editor Magicbricks NOW & Anand Narasimhan, Sr. Anchor & Editorial Consultant at Times Now, and witnessed the participation from eminent personalities like Ravi Shankar Prasad (Union Minister for IT, Law & Justice), Nirmala Sitharaman (MoS (Independent Charge), Ministry of Commerce & Industry Minister for Commerce), Amitabh Kant (CEO of Niti Ayog), Narayana Murthy (Founder of Infosys), Deepak Parekh (Chairman of HDFC), Sunil Munjal (Joint – MD of Hero Corp), Kunal Bahal (CEO of Snap Deal), Abhiraj Bhal (Co Founder of Urban Clap) and famous author & and motivational speaker Chetan Bhagat. As these eminent personalities or panellist answered the viewers questions related too Remonetisation India.

    Prasad said, “Narendra Modi’s Government is a transformative Government. India is home to 50 crore internet and 30 crore mobile users. Penetration of mobile phones in rural areas is significant. Demonetisation has crippled terrorism and Maoism in the country. Indians have a passion for technology. India’s push towards digital payments has been remarkable. Digital India, Make in India, Skill India, Startup India are designed to make India an empowered society. India Digital economy is going to be a 1 trillion dollar economy in the coming 5 years.”

    Sitharaman said, “Demonetisation hasn’t had any significant impact on jobs recorded. Impact on jobs, if any, was only in the first 10 days of demonetisation. 87-90 per cent of our economy is a parallel economy and normalcy is getting restored, as all ATMs have been recalibrated. The PM has already announced sops for sectors that need help. We’re not talking of a completely cashless economy but only saying there should be less cash which is being used. Salute to those who are spreading awareness about digitisation.”

    Times Network MD & CEO M K Anand said, “This is the first time any Indian network has done a simulcast on all its channels, and that too unsponsored and without an ad break. I am extremely proud that I work for a network which can pursue such an audacious and worthy purpose.”

    Murthy said, “We still have a long journey to make India digital as all the infrastructure needs to be built up for the country to go totally digital. The number of micro ATMs in the country as well as ATMs is small compared to developed countries. If our banks can replace all the debit/credit cards with Aadhar link, it will become easier and help the country to go fully digital.’’

    Kant said, “We must ensure to convert informal economy to formal economy for growth because economy cannot grow rapidly when a parallel black economy exists. Printing, transport, storing cash and handling cash is an expensive proposition and thus a threefold strategy has been planned to reach out to the entire population for remonetisation. For people with smart-phones, Bhim App is a great enabler. In India we have taken a huge campaign mode initiative to embed every single account with Aadhaar. 40 crore accounts have Aadhar embedded into them and thus Aadhaar will enable India to technologically leapfrog in many ways and so the challenge for all of us is to spread this movement.”

    Parekh said, “Demonetisation has been a game changer and was a part of a bigger plan of the Government. It also ensured that smaller home developer’s got formalised. The Indian economy has been resilient to the change as anticipated earlier and needs to move forward from demonetization which was used to oust black money. Majority of the people continue to support this endeavor of the Government. The biggest advantage for homebuyers will be lower interest rates, transparency & no large cash payments and thus we also hope that many developers now move towards affordable homes.”

    Munjal said, “For an economy to become digital, reach is important and one must ensure infrastructure is present for this transition. From a company’s point of view, we need to find options to make payments. We also need to watch out for contemporary changes that are taking place across the world and encourage multiple ways of cashless transactions.”

    Bahal said, “Demonetisation has opened up lots of opportunities for us. We have seen a significant increase in cashless payments in smaller cities as about half of all payments are being done in a cashless manner.” “A large strata of the society is not banked. There are no extra or hidden charges if you are paying digitally because e-commerce firms are right now bearing transaction charges,” he added.

    Bhagat said, “Cash is a very convenient thing, but at the same time digital payments will come in. Cashless does not mean taking loans. Technology will help people get used to digital transactions. I urge Banks to give more incentives for debit/credit cards.”

    In support of the movement and as a part of its own contribution to the goals, Times Network will conduct several on-ground activities like Aadhaar camps, Investor camps and cashless festivals apart from a 360 degree campaign approach that will involve various channels of communication including on-air, digital and social media promotions & educating people about the advantages & benefits of a cash less economy and digital transactions.

  • Unsponsored ‘Remonetise India’ simulcast on all Times channels without ads

    Unsponsored ‘Remonetise India’ simulcast on all Times channels without ads

    MUMBAI: Times Network, the broadcast arm of the Times Group initiated, ‘Remonetise India – A Citizen’s Pledge’, a nationwide crusader campaign, urging Indians to take the next step from demonetization and Pledge for Growth. Keeping the government’s vision in mind, Remonetise India is an initiative by Times Network which calls all the Citizens of India to come out and make a difference. Urging the citizens to be the change agent for the changes they want to see, and bring India’s economy back on track. Times Network conducted a live Telethon from 6:00pm to 8:00pm, across all channels of the network and connected viewers to Opinion and Policy makers, encouraged them to invest more and educated the them about moving to a digital and a less cash economy.

    The live telethon was set in motion & moderated by Faye Dsouza, Editor Magicbricks NOW & Anand Narasimhan, Sr. Anchor & Editorial Consultant at Times Now, and witnessed the participation from eminent personalities like Ravi Shankar Prasad (Union Minister for IT, Law & Justice), Nirmala Sitharaman (MoS (Independent Charge), Ministry of Commerce & Industry Minister for Commerce), Amitabh Kant (CEO of Niti Ayog), Narayana Murthy (Founder of Infosys), Deepak Parekh (Chairman of HDFC), Sunil Munjal (Joint – MD of Hero Corp), Kunal Bahal (CEO of Snap Deal), Abhiraj Bhal (Co Founder of Urban Clap) and famous author & and motivational speaker Chetan Bhagat. As these eminent personalities or panellist answered the viewers questions related too Remonetisation India.

    Prasad said, “Narendra Modi’s Government is a transformative Government. India is home to 50 crore internet and 30 crore mobile users. Penetration of mobile phones in rural areas is significant. Demonetisation has crippled terrorism and Maoism in the country. Indians have a passion for technology. India’s push towards digital payments has been remarkable. Digital India, Make in India, Skill India, Startup India are designed to make India an empowered society. India Digital economy is going to be a 1 trillion dollar economy in the coming 5 years.”

    Sitharaman said, “Demonetisation hasn’t had any significant impact on jobs recorded. Impact on jobs, if any, was only in the first 10 days of demonetisation. 87-90 per cent of our economy is a parallel economy and normalcy is getting restored, as all ATMs have been recalibrated. The PM has already announced sops for sectors that need help. We’re not talking of a completely cashless economy but only saying there should be less cash which is being used. Salute to those who are spreading awareness about digitisation.”

    Times Network MD & CEO M K Anand said, “This is the first time any Indian network has done a simulcast on all its channels, and that too unsponsored and without an ad break. I am extremely proud that I work for a network which can pursue such an audacious and worthy purpose.”

    Murthy said, “We still have a long journey to make India digital as all the infrastructure needs to be built up for the country to go totally digital. The number of micro ATMs in the country as well as ATMs is small compared to developed countries. If our banks can replace all the debit/credit cards with Aadhar link, it will become easier and help the country to go fully digital.’’

    Kant said, “We must ensure to convert informal economy to formal economy for growth because economy cannot grow rapidly when a parallel black economy exists. Printing, transport, storing cash and handling cash is an expensive proposition and thus a threefold strategy has been planned to reach out to the entire population for remonetisation. For people with smart-phones, Bhim App is a great enabler. In India we have taken a huge campaign mode initiative to embed every single account with Aadhaar. 40 crore accounts have Aadhar embedded into them and thus Aadhaar will enable India to technologically leapfrog in many ways and so the challenge for all of us is to spread this movement.”

    Parekh said, “Demonetisation has been a game changer and was a part of a bigger plan of the Government. It also ensured that smaller home developer’s got formalised. The Indian economy has been resilient to the change as anticipated earlier and needs to move forward from demonetization which was used to oust black money. Majority of the people continue to support this endeavor of the Government. The biggest advantage for homebuyers will be lower interest rates, transparency & no large cash payments and thus we also hope that many developers now move towards affordable homes.”

    Munjal said, “For an economy to become digital, reach is important and one must ensure infrastructure is present for this transition. From a company’s point of view, we need to find options to make payments. We also need to watch out for contemporary changes that are taking place across the world and encourage multiple ways of cashless transactions.”

    Bahal said, “Demonetisation has opened up lots of opportunities for us. We have seen a significant increase in cashless payments in smaller cities as about half of all payments are being done in a cashless manner.” “A large strata of the society is not banked. There are no extra or hidden charges if you are paying digitally because e-commerce firms are right now bearing transaction charges,” he added.

    Bhagat said, “Cash is a very convenient thing, but at the same time digital payments will come in. Cashless does not mean taking loans. Technology will help people get used to digital transactions. I urge Banks to give more incentives for debit/credit cards.”

    In support of the movement and as a part of its own contribution to the goals, Times Network will conduct several on-ground activities like Aadhaar camps, Investor camps and cashless festivals apart from a 360 degree campaign approach that will involve various channels of communication including on-air, digital and social media promotions & educating people about the advantages & benefits of a cash less economy and digital transactions.

  • ‘Young Turks’ to inspire next-gen entrepreneurs

    ‘Young Turks’ to inspire next-gen entrepreneurs

    MUMBAI: Young Turks is not only one of the most popular shows but also has been one of the longest running shows on Indian business news channel CNBC-TV18. It is hosted by the channel’s managing editor Shereen Bhan who recently launched a book commemorating 13 years of the show by the same name- Young Turks: Inspiring Stories of Tech Entrepreneurs.

    Talking about the long running stint of the show Bhan says, “For 13 years we have interviewed close to 2000 people who have displayed new ideas through their entrepreneurship, received legitimate funding from different sources and are showing positive signs of sizeable revenues.”

    She informs that as she did not have a compelling story to tell, she decided to narrate the encouraging tales of 13 tech entrepreneurs like Red Bus’ Phanindra Sama and Charan Padmaraju and shopping portal Flipkart’s Binny Bansal and Sachin Bansal among others. The book has been co-authored by Syna Dehnugara. “Through our long conversations we tried compiling up the stories on the entrepreneurs. We wanted to narrate their story from their eyes rather than just our opinions,” she adds.

    Published by Random House, Infosys co-founder Narayana Murthy launched the book in New Delhi. As to the book’s focus on just tech entrepreneurs, Bhan says, “We wanted the book to have a diverse range of stories but decided to focus on tech entrepreneurs as these companies have shown a certain amount of scale and feedback in terms of business growth and revenues. We also reached out to investors and industry experts to find out how well these companies were performing and then zeroed down on the final tally.”

    Bhan’s compelling reasons for someone to pick the book are: “Firstly this is for those who are mostly interested in business.  Secondly there will be many people who want to start one on their own but would not have a clear sense of idea how to go about. This book showcases how first gen entrepreneurs who without a very large bank balance and in the absence of a business background started their companies. Thirdly, the book contains exciting stories of how the founders of these start ups were prisoners of circumstances but managed to outgrow themselves due to their optimism and the fact that they wanted to live their dream.”

    According to her, reading books exposes an individual to opportunities and insights as it broadens one’s thinking horizon. She also feels that today it is far easier to publish a book and an exciting time for the industry as young students are reading books of diverse genres.

    On her favourite books, she says, “I enjoy reading books by Rohinton Mistry. My personal favourite is his book A Fine Balance. I also enjoy reading autobiographies such as that of Vinod Mehta and Warren Buffet.”

    The choice to put Bhan as the face of the book was that of the publishers who also provided the option of publishing the title as a series but for now decided to stick to just one edition of the 304 page book. The marketing for the book is being done by the publishers while the news presenter and her team are promoting it on the show and on social media.

    The kindle edition of the book has been priced at Rs 380 on Amazon. On Flipkart, the hardcover edition is priced at Rs. 447 while the e-book is priced at Rs 380.

     

  • CNBC-TV18, Lufthansa Airlines to launch All For This One Moment

    CNBC-TV18, Lufthansa Airlines to launch All For This One Moment

    MUMBAI: CNBC-TV18, in association with Lufthansa Airlines, is launching a show All For This One Moment. Starting November, the eight-part series will showcase the life and achievements of eight Indian business legends and also give eight unfamiliar young entrepreneurs an opportunity to share their own success stories.

    Set against the backdrop of Lufthansa’s first class terminal, the show will be hosted by CNBC-TV18 executive editor Shereen Bhan.

    The show will see entrepreneurs like NR Narayana Murthy, Rahul Bajaj, Sunil Mittal, Raman Roy, Kumar Mangalam Birla, Kiran Mazumdar Shaw, Tulsi Tanti, Kishore Biyani, Shiv Nadar, KV Kamath, Deepak Parekh, BM Munjal, Subhash Chandra, Ratan Tata, Nandan Nilekani meeting upcoming entrepreneurs.

    TV-18 business media director Ajay Chacko said, “Through this special series we will set to redefine genres by providing the new generation of entrepreneurs with an unprecedented opportunity of meeting the business legends and get a first hand account of their achievements.”

  • Tourism Australia ties up with BBC for “Peschardt’s People”

    Tourism Australia ties up with BBC for “Peschardt’s People”

    NEW DELHI:Tourism Australia has signed an agreement with BBC World to sponsor the popular series Peschardt’s People, which profiles famous and infamous people in the Asia-Pacific region.

    The deal, announced by the BBC’s 24-hour news and information channel yesterday, covers the channel’s South Asia/Middle East feed and reaches nearly 25 million viewers. It is the first regional sponsorship for the series and provides Tourism Australia with a strong presence in India – considered to be one of its most important tourism markets, a press statement issue by the broadcaster said today.

    Presented by the BBC’s Michael Peschardt, the series provides viewers with a ‘behind the scenes’ look at the lives of some of the most famous and infamous people in the Asia-Pacific region.

    The series is also a perfect fit for Tourism Australia as it has a strong Australian flavour. Michael Peschardt, is a well-respected BBC journalist based in Australia and the series also features several famous Australians. The line up of guests include; former ‘Australian of the Year’ and world-leading plastic surgeon Atticus Fleming; Narayana Murthy – one of India’s most respected business leaders; New Zealand actor, Sam Neill and cricketing legend Rod March.

    Michael spends an average of three days with each of his guests, interviewing them about the people, places, and issues that really matter to them, in a relaxed and informal style, encouraging them to open up and talk sincerely and passionately about their lives.

    BBC World’s VP of sales for Asia and Australasia, Sunita Rajan, says: “We are delighted to have Tourism Australia showcase their destination message on BBC World. BBC World is the leading international news channel in India, and the country is now one of the world’s largest democracies and its influential and affluent individuals are travelling more than ever.”She said also that the fact that BBC World was voted as the leading television channel for travellers two years in a row also makes this the perfect environment for Tourism Australia to launch its campaign in.