BIOGRAPHY

N. R. Narayana Murthy was born in a 'Kannada Madhwa Brahmin' family in

Mysore. He has eight brothers and a sister. Murthy's father was a school teacher.
Narayana was born into a middle class family in Mysore. Since his father was a
high-school teacher, the financial conditions of the family were not that good.

Narayana attended a government school and pursued his B.E degree from the
University of Mysore and masters from IIT, Kanpur.

Narayana is married to Sudha Murthy, who too is an engineer, an Indian social

worker and an accomplished author.

Narayana's wife being a philanthropist, he too believes in philanthropy. Murthy

comes across as a very social and friendly man. He always raises his voice for
various social issues in the country such as elections, unemployment, poverty etc.
He is a cooperative and a good natured person and manages his company quite
well. The recent news of him quitting Infosys has been keeping him in the
headlines .

Nagavara Ramarao Narayana Murthy (born 20 August 1946), commonly

referred to as Narayana Murthy, is an Indian IT industrialist and the co-founder
of Infosys, a multinational corporation providing business consulting, technology,
engineering, and outsourcing services. Murthy studied electrical engineering at
the National Institute of Engineering, University of Mysore, and M. Tech at
the Indian Institute of Technology Kanpur.
Before starting Infosys, Murthy worked with Indian Institute of Management
Ahmedabad as chief systems programmer and Patni Computer Systems in Pune
(Maharashtra). He started Infosys in 1981 and served as its CEO from 1981 to
2002 and as chairman from 2002 to 2011. In 2011, he stepped down from the board
and became Chairman Emeritus. On 1 June 2013, Murthy was appointed as
Additional Director and Executive Chairman of the board for a period of five
years.
Murthy has been listed among the 12 greatest entrepreneurs of our time
by Fortune magazine.[7] He has been described as Father of Indian IT sector
by Time magazine due to his contribution to outsourcing in India.[8] Murthy has
also been honoured with the Padma Vibhushan[9] and Padma Shri awards.[10]

EARLY LIFE AND EDUCATION

Narayana Murthy was born on 20 August 1946 in Sidlaghatta, Karnataka. After
completing his school education, he appeared for the Indian Institute of
Technology entrance test but could not attend. Instead he went to the National
Institute of Engineering and graduated in 1967 with a degree in Electrical
Engineering. In 1969 he received his master's degree from the Indian Institute of
Technology in Kanpur.

CAREER

Narayana started his career as a chief system programmer at IIM

Ahmedabad where he implemented the BASIC interpreter for ECIL (Electronics
Corporation of India Limited).

Later, he joined Patni Computer Systems, Pune. Prior to moving to Mumbai,

he met his wife, Sudha, who too was an engineer.

In 1981, Narayana founded Infosys with six people with an initial capital of
US$250, the maximum share of which was borrowed from his wife. Narayana
served as the CEO of Infosys for 21 years, and later was succeeded by co-founder
Nandan Nilekani in March 2002.

Infosys became the first company to be listed in NASDAQ, in 1991.

In 1996, it started its office in Europe, Milton Keynes, UK.

In 2002, it was selected as the The India's Most Respected Company by

the Business World Survey.
The couples are parents to two children, Rohan and Akshata. His son,
Rohan is engaged to Lakshmi Venu, daughter of Venu Srinivasan of TVS
motors, and his daughter Akshata is married to Rishi Sunak.

Murthy started his career at IIM Ahmedabad as chief systems programmer. There
he worked on India's first time-sharing computer system and designed and

implemented a BASIC interpreter for Electronics Corporation of India Limited. He

started a company named Softronics. When that company failed after about a year
and a half, he joined Patni Computer Systems in Pune.
Murthy and six software professionals founded Infosys in 1981 with an initial
capital injection of Rs 10,000, which was provided by his wife Sudha
Murthy. Murthy served as the CEO of Infosys for 21 years from 1981 to 2002 and
was succeeded by co-founder Nandan Nilekani. At Infosys he articulated, designed
and implemented the Global Delivery Model for IT services outsourcing from
India. He was Chairman of the Board from 2002 to 2006, after which he became
Chairman of the Board and Chief Mentor. In August 2011, he retired from the
company, taking the title Chairman Emeritus.
Murthy serves as an independent director on the corporate board of HSBC and has
served as a director on the boards of DBS Bank, Unilever, ICICI and NDTV. He
also serves as a member of the advisory boards and councils of several educational
and philanthropic institutions, including Cornell
University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the IndoBritish Partnership, Asian Institute of Management, a trustee of the Infosys Prize,
and as a trustee of the Rhodes Trust. He is also Chairman of the Governing board
of Public Health Foundation of India.[26] He serves on the Asia Pacific Advisory

Board of British Telecommunications. In 2005 he co-chaired the World Economic

Forum in Davos.
On 1 June 2013, Murthy returned to Infosys as Executive Chairman and Additional
Director. On 12 June 2014 it was announced that Murthy would step down as
Executive Chairman effective 14 June. He would continue as Non-Executive
Chairman till 10 October. On 11 October, Murthy will be designated as Chairman
Emeritus.
Murthy also serves on the strategic board which advises the national law
firm, Cyril Amarchand Mangaldas, on strategic, policy and governance issues.

PERSONAL LIFE
His wife, Sudha Murthy ne Kulkarni, a B.E. in Electrical Engineering from the
B.V.Bhoomaraddi College of Engineering & Technology, Hubli. standing first in
her class and receiving a gold medal from the Chief Minister of Karnataka.
Thereafter, she completed an M.E. in Computer Science from the Indian Institute
of Science, standing first in her class and receiving a gold medal from the Indian
Institute of Engineers now an Indian social worker and author. She does
philanthropic work through the Infosys Foundation.[32] He has two children, a son
Rohan Murty and a daughter Akshata Murthy. Rohan is a Junior Fellow in the
Society of Fellows at Harvard University. On 1 June 2013, he joined Infosys as an
executive assistant to his father.[33] He left Infosys effective 14 June 2014. Akshata
completed her MBA from Stanford Business School, and is married to Rishi
Sunak a British Conservative MP .

AWARDS AND HONOURS

Year

Name

Awarding organization

25 Greatest Global Indian Living

2013

NDTV
Legends
Baroda Management Association,

2013 Sayaji Ratna Award

Vadodara
2013 Philanthropist of the Year

The Asian Awards

American Society of Mechanical

2012 Hoover Medal

Engineers
NDTV Indian of the Year's Icon of
2011

NDTV
India
Institute of Electrical and

2010 IEEE Honorary Membership

Electronics Engineers.
Woodrow Wilson Award for

Woodrow Wilson International

Corporate Citizenship

Center for Scholars

2009

2008 Padma Vibhushan

Government of India

2008 Officer of the Legion of Honor

Government of France

Commander of the Order of the

2007

Government of United Kingdom

British Empire (CBE)
IEEE Ernst Weber Engineering

Institute of Electrical and

Leadership Recognition

Electronics Engineers

Ernst & Young World Entrepreneur

Ernst & Young World Entrepreneur

Of The Year

Of The Year Jury

2007

2003

2000 Padma Shri

Government of India

Infosys Technologies Ltd- Company Profile

Infosys Technologies Ltd. (NASDAQ: INFY) was started in 1981 by seven people
with US$ 250. Infosys defines, designs and delivers technology-enabled business
solutions for Global 2000 companies. Infosys also provides a complete range of
services by leveraging our domain and business expertise and strategic alliances
with leading technology providers.

Infosys has a global footprint with 64 offices and 63 development centers in US,
India, China, Australia, Japan, Middle East, UK, Germany, France, Switzerland,
Netherlands, Poland, Canada and many other countries. Infosys and its subsidiaries
have 130,820 employees as on March 31, 2011.

The company follows the following principles:

Vision : "We will be a globally respected corporation."

Mission : "To achieve our objectives in an environment of fairness, honesty,

and courtesy towards our clients, employees, vendors and society at large".

Values : We believe that the softest pillow is a clear conscience. The values
that drive us underscore is commitment

Client Value : To surpass client expectations consistently.

Leadership by Example : To set standards in our business and transactions

and be an exemplar for the industry and ourselves.

Integrity and Transparency : To be ethical, sincere and open in all our

transactions.

Fairness : To be objective and transaction-oriented, and thereby earn trust

and respect.

Excellence : To strive relentlessly, constantly improve ourselves, our teams,

our services and products to become the best.
-

Infosys Limited (formerly Infosys Technologies Limited) is an

Indian multinational corporation that provides business consulting, information
technology, software engineering and outsourcing services. It is headquartered
in Bangalore, Karnataka.[3]
Infosys is the second-largest India-based IT services company by 2014 revenues,
[4]

and the fifth largest employer of H-1B visa[5][6] professionals in the United States

in FY 2013.[7] On 15 February 2015, its market capitalisation was 263,735 crores

($42.51 billion), making it India's sixth largest publicly traded company

HISTORY OF INFOSYS
Infosys was co-founded in 1981 by Narayan Murthy, Nandan Nilekani, N. S.
Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora after
they resigned from Patni Computer Systems.[11] The company was incorporated as
"Infosys Consultants Pvt Ltd." with a capital of Rs. 10,000 (roughly $250) in
Model Colony, Pune as the registered office.[12] It signed its first client, Data Basics
Corporation, in New York.[13] In 1983, the company's corporate headquarters was
relocated from Pune toBangalore.[13]
Change in name: The company changed its name to "Infosys Technologies Private
Limited" in April 1992 and to "Infosys Technologies Limited" when it became a
public limited company in June 1992. It was later renamed to "Infosys Limited" in
June 2011.[14]
an initial public offer (IPO) in February 1993 with an offer price of Rs. 95 per
share against book value of Rs. 20 per share. The Infosys IPO was under
subscribed but it was "bailed out" by US investment bank Morgan Stanley which
picked up 13% of equity at the offer price.[15] Its shares were listed in stock
exchanges in June 1993 with trading opening at Rs. 145 per share.[16]

In October 1994, it made a private placement of 5,50,000 shares at Rs. 450 each
against book value of Rs. 10 per share to Foreign Institutional
Investors (FIIs), Financial Institutions (FIs) and Corporates.[citation needed]
In March 1999, it issued 2,070,000 ADSs (equivalent to 1,035,000 equity shares of
par value of Rs. 10 each) at US $34 per ADS under the American Depositary
Shares Program and the same were listed on theNASDAQ National Market in US.
The total issue amount was US $70.38 million.[citation needed]
The share price surged to Rs. 8,100 by 1999 making it the costliest share on the
market at the time. At that time, Infosys was among the 20 biggest companies by
market capitalization on the NASDAQ.[15]
During July 2003, June 2005 and November 2006, it made secondary ADS issues
of US $294 million, US $1.07 billion and US $1.605 billion respectively.[citation needed]
In December 2002,Infosys transferred the listing of its American Depositary Shares
(ADS) from the NASDAQ to the NYSE.[17]
The credit rating of the company is A- (given by Standard & Poor's on 13-Dec2013).[18]
In February 2015, Infosys announced it would acquire the US automation
technology company Panaya for around $200 million.[19]

OPERATIONS

The Headquarters of Infosys is located in Bengaluru

On 31 March 2015, Infosys had 950 clients across 50 countries.[3][20]
Infosys has a global footprint with offices and development centers across the
world.[21]
In 2012, Infosys announced a new office in Milwaukee, Wisconsin to
service Harley-Davidson, being the 18th international office in the United States.[22]
[23]

Infosys hired 1,200 United States employees in 2011, and expanded the

workforce by an additional 2,000 employees in 2012.[23]

Products and services[edit]
It provides software development, maintenance and independent validation
services to companies in banking, finance, insurance, manufacturing and other
domains.[24]

One of its known products is Finacle[25] which is a universal banking solution with
various modules for retail and corporate banking.

Glass building in Pune campus

ACQUISITIONS

In December 2003, Infosys had acquired Australia-based IT service provider

Expert Information Services for $23 million.[26][27]

In December 2009, Infosys BPO acquired Atlanta-based McCamish Systems

for about $38 million.[28]

In January 2012, Infosys BPO acquired Australia-based Portland Group,

provider of strategic sourcing and category management services, for about
AUD 37 million.[29][30]

In September 2012, Infosys acquired Switzerland-based Lodestone

Management Consultants for about $345 million.[31]

In March 2015, Infosys acquired Panaya, Inc., a leading provider of

automation technology for large scale enterprise software management.[32]

In June 2015, Infosys acquired Skava, a leading provider of digital

experience solutions, including mobile commerce and in-store shopping
experiences to large retail clients. The acquisition of Skava is part of Infosys
strategy to help clients bring new digital experiences to their customers through

IP-led technology offerings, new automation tools and unparalleled skill and
expertise in these new emerging areas.[33]

CURRENT SHAREHOLDING

A building in Thiruvananthapuramcampus

Shareholders (as on 31-Mar-2014)

Promoters group

Shareholding
15.94%

Foreign Institutional Investors (FII)

ADR

16.10%

Individual shareholders

09.95%

Banks, Financial Institutions and Insurance Companies

09.08%

Mutual Funds

04.58%

Others

02.25%

Total

100.00%