Latest news with #Murthy
Time of India
17 hours ago
- Business
- Time of India
Infosys founder Narayana Murthy on why he sees no difference between management and technology graduates
Infosys co-founder NR Narayana Murthy has emphasized that management and technology graduates are equally valuable in an AI-driven world, arguing that both disciplines tackle problems at different but complementary levels rather than competing with each other. In his conversation with MoneyControl, the tech veteran dismissed any hierarchy between the two fields, stating that artificial intelligence creates opportunities for both streams of professionals. "I do not see any difference between a management graduate and a technology graduate because they attack the problem at different levels," Murthy explained. Different approaches, shared goals in problem-solving The 78-year-old industry pioneer outlined the distinct yet interconnected roles each group plays in organizational success. "One asks 'what,' while the other focuses on 'how.' Technical people look at 'how,' and the management graduates look at 'what,'" he clarified, highlighting how both perspectives are essential for comprehensive problem-solving. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Brass Idols - Handmade Brass Statues for Home & Gifting Luxeartisanship Buy Now Undo Murthy positioned AI as the great equalizer that enhances capabilities across disciplines rather than favoring one over another. "AI is primarily a technological marvel. It is all about improving productivity. It is all about solving problems that are beyond human effort," he noted, suggesting that both management and technical professionals can leverage AI to amplify their respective strengths. Optimistic outlook for India's brightest minds The Infosys founder expressed strong confidence in India's educational output, regardless of specialization. "So, both are needed. And given that these are some of the brightest people that we have in the country, I am very, very positive," Murthy stated, reflecting his belief that the country's talent pool spans across multiple disciplines. His comments come at a time when debates about the relative value of different educational backgrounds intensify amid rapid technological advancement, with Murthy's perspective offering a more inclusive view of professional competencies in the modern workplace. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India.com
3 days ago
- Business
- India.com
Narayana Murthy's BIG revelation! Offered Rs 20000000000 to IIT Kanpur, but failed to donate due to..., IISc was given Rs...
More bad news for Infosys employees as Narayana Murthy's company sacks 370 employees due to... New Delhi: The founder of Infosys, Narayana Murthy, has said that around 20 years ago, he had offered shares worth Rs 8 crore to IIT Kanpur as a donation. However, Murthy was unable to complete the donation since it was not clear whether shares or equity stakes could be donated, as per the government's rules. The Infosys founder disclosed that the value of those bonus shares offered to IIT Kanpur has since surged 256 times. This means the current worth of those shares would be around Rs 2,000 crore. While speaking to Moneycontrol, Murthy stated that if IIT Kanpur had accepted the shares back then, their value today would have exceeded Rs 2,000 crore. Bengaluru institute turns rich The Indian Institute of Science (IISc) in Bengaluru was offered shares worth crores by Infosys founder Narayana Murthy. Today, the price of the share has spiked 768 times. Murthy revealed that the equity being offered to IIT Kanpur alone would have generated Rs 500 crore in dividends over just eight years. However, under Indian law, educational institutions cannot be given equity or shares as donations. IIM Ahmedabad Launches Scholarship Program The Indian Institute of Management (IIM) Ahmedabad has launched a scholarship program for the next 20 years. Under this initiative, MBA toppers will be awarded equity-based fixed income benefits. The scholarship will be merit-based and will cover tuition fees, hostel charges, mess expenses, books, and other related costs. Thousands of crores could have been donated by now Not only IIT Kanpur, Narayan Murthy has also tried to donate to several other educational institutions through equity stakes. Had all of them accepted, the value of those shares today would have reached around Rs 15,000 to Rs 16,000 crore. Just ICAC alone earns Rs 110 to Rs 120 crore in annual dividends from its shareholding.
Time of India
3 days ago
- Business
- Time of India
'Call it Narayana Murthy hours': Karnataka govt's 12-hour work proposal revives Infosys co-founder's 70-hour dream, sparks memefest
Remember Infosys founder NR Narayana Murthy's comment over the suggestion for a 70-hour workweek for employees? Well, yes, that stirred a major debate online then. However, the 70-hour workweek reaction seems to be turning true after the Karnataka government proposed to increase daily working time from nine to 10 hours in the state. Along with this, the proposal will also allow up to 12 hours of work a day by amending the Karnataka Shops and Commercial Establishments Act, 1961. Soon, the news dropped on the internet; it quickly sparked a wave of online reactions, with many referencing Infosys co-founder Narayana Murthy, who earlier sparked a debate by advocating a 70-hour workweek for Indian youth. However, the Karnataka State IT/ITes Employees Union (KITU) on Wednesday opposed the proposal and called upon 'the entire working class to come in resistance". Karnataka government's proposal for new working hours sparks debate According to the Karnataka government, they are planning to amend the Karnataka Shops and Commercial Establishments Act, 1961, along with the 1963 Rules, to increase the daily working hours from 9 to 10 hours and permit 12 hours of overtime in a single day. Additionally, the proposed changes would expand the current three-month overtime limit from 50 to 144 hours. The move is seen as part of a broader effort to "ease business operations" in the IT and service sectors. However, the proposal has drawn sharp criticism, but there are people who are sharing it as meme material. 12 hours of work a day in Karnataka sparks memefest Apart from drawing flak, the proposal has sparked a meme fest on social media, and netizens can't stop comparing it to Narayana Murthy's comment. A look at the funniest memes online: One said, "Karnataka IT employees who are already working 14 hours per day" Karnataka IT employees who are already working 14 hours per day - While another wrote, "Meanwhile, IT employees of Karnataka to Murthy and L&T Chairman for giving this idea.." Karnataka Govt proposes 12 hr workdays for IT employees. Meanwhile Narayana Murthy Sir.. "This is outrageous!," one added. "Lol it is inspired from who?" Lol it is inspired from who ? One claimed that Murthy must have been on board that proposal. Along with this, the social media platforms were soon flooded with memes, GIFs and sarcastic posts, including one reading, 'Narayana Murthy side mein naach raha he (Murthy must be dancing on the sidelines)." "Narayanmurti will be happy," another commented. To stay updated on the stories that are going viral, follow Indiatimes Trending.
News18
3 days ago
- Business
- News18
Narayana Murthy Trends After Karnataka's 12-Hour Workday Proposal, Here's Why
Last Updated: Karnataka government recently proposed 12-hour workdays for IT employees prompting an outrage among the working class. Former Infosys CEO Narayana Murthy seems to be unable to catch a break, and perhaps he doesn't mind it either. Murthy found several mentions on the social media platform 'X' once again when the topic of extending the work hours came to light. For the uninitiated, the Karnataka government recently proposed to increase the daily working hours from nine to ten in the state and allow up to 12 hours of work a day. Karnataka State IT/ ITes Employees Union (KITU) strongly opposed the idea of increasing the work hours and urged the working class to raise their voice. KITU noted that the extension of working hours would lead to a two-shift system, resulting in the unemployment of one third of the workforce. 'This amendment will allow the companies to go for a two shift system instead of the currently existing three shift system and one third of the workforce will be thrown out from their employment," KITU, in a press release, stated. KITU additionally stressed on the health impact of extended working hours on the IT employee. Narayana Murthy Arrives The buzzing news of a possible 12-hour working day for IT employees in Karnataka reminded many of Infosys co-founder NR Narayana Murthy. Karnataka Govt proposes 12 hr workdays for IT employees. Meanwhile Narayana Murthy Sir.. — Shilpa (@shilpa_cn) June 18, 2025 Murthy has, over the years, been in support of working extended hours. The businessman does not believe in the work-life balance either. At the CNBC-TV18 Global Leadership Summit last year, Murthy said, 'About 25 years ago, KV Kamath at an event was asked about his opinion on work-life balance. He said that India is a poor country with a lot of challenges. We first have to get a life, then we can worry about work-life balance." KV Kamath is the Chairman of the board of directors of Jio Financial Services. Murthy also asserted that his stance on the 70-hour workweek was unmovable. 'Prime Minister Modi probably works 100 hours a week. When his cabinet ministers are working very hard, when his bureaucrats are all working very hard, the only way we can show our appreciation for all these wonderful things that are happening is by our work." 'I am sorry. I haven't changed my view. I will take this with me to my grave. I am very proud of having worked very hard… I worked fourteen hours a day and 6.5 days a week till I retired," he added further. Social Media Reactions Reacting strongly to the news, social media users wondered if the 12-hour workday proposal came into effect, it could lead to adverse effects on individuals and impact their wellbeing. 'If this is the direction we're heading, don't be surprised when India's brightest minds start leaving not because they want luxury, but because they want basic quality of life. 12-hour shifts + 4 hours in Bangalore traffic = 16 hours gone. What's left for rest, family, or health?" a user on 'X' responded to the news. '12 hour work + 4 hours of traffic coming and going back. Why not ask the employees to sleep in the office itself for the remaining 8 hours," wrote another user. 'Total 24 hours 12 hours in office 4 hours in traffic 6 hours sleep 2 hours, food, bath You must work like slave." Notably, the proposal hasn't been finalised yet. News18's viral page features trending stories, videos, and memes, covering quirky incidents, social media buzz from india and around the world, Also Download the News18 App to stay updated! First Published:
Hindustan Times
3 days ago
- Business
- Hindustan Times
‘Narayana Murthy must be dancing': Karnataka's 12-hour workday proposal triggers meme fest
A Karnataka government proposal to increase daily work hours and overtime limits has sparked a wave of online reactions, many of them invoking Infosys co-founder Narayana Murthy, who last year stirred debate by calling for a 70-hour workweek for Indian youth. The state is reportedly considering amendments to the Karnataka Shops and Commercial Establishments Act, 1961, and the corresponding Rules of 1963, that would push the upper limit on daily working hours from 9 to 10, and allow overtime up to 12 hours in a day. The proposed revisions would also raise the three-month cap on overtime work from 50 hours to 144 hours. While the move is being seen as part of a broader effort to 'ease business operations' in the IT and service sectors, it has drawn sharp criticism from worker unions and civil society groups. (Also Read: Karnataka government proposes 10-hour workdays, higher overtime cap: Report) Online, however, the reactions took a different turn, poking fun at Murthy's earlier controversial remarks. "Narayana Murthy's long-cherished dream has finally come true," quipped one user on X, referencing the Infosys co-founder's earlier pitch for a 70-hour workweek that had triggered national debate. Another user wrote, 'Karnataka should just call them Narayana Murthy Hours,' poking fun at the state's proposal to stretch workdays and overtime limits. A third chimed in, 'He must've been on the board that proposed this,' before clarifying that it was only a joke. Social media platforms were soon flooded with memes, GIFs, and sarcastic posts, including one that read, 'Narayana Murthy side mein naach raha he (Murthy must be dancing on the sidelines),' summing up the online mood. The draft proposal, if passed, would make Karnataka one of the few states to legally allow such an increase in permissible work hours, a move that may have serious implications for labour rights, mental health, and work-life balance in a sector already known for high stress. (Also Read: 'Modern-day slavery': Karnataka trade unions condemn proposal to extend workday to 12 hours)
