Sunday, April 19, 2009

Narayana Murthy has the solutions!

A series of interviews and articles on Infosys' Narayana Murthy dominated the Indian media today. While Murthy had given the interviews earlier, he had decreed that none was to come out before today.

His book, A Better India, A Better World will be launched in Delhi by Prime Minister Manmohan Singh on April 20, Monday.

This is what the articles had to say:

Economic Times:
New calling: Murthy to turn venture capitalist

Twenty-eight years after he started Infosys with Rs 10,000 borrowed from his wife, NR Narayana Murthy, whose personal fortune today is said to be worth around $1.8 billion, wants to start a venture fund to invest in new ideas that create value for society.

In an exclusive chat with ET, the chairman and chief mentor of India’s second-largest IT firm, said there are tremendous investment opportunities beyond computers and high-tech areas. Ideas from rural areas need to be encouraged and the urban poor need the right handholding, mentoring and capital to grow.

“I find youngsters want to do all kinds of things. There are people who want to create wealth by booking tickets. There are people who are creating wealth by enhancing the efficiency of production lines. There are people who are creating wealth by providing efficient, decent and cost-effective means for the corporate world. They all have great ideas,” he said.

For full story, click here

Financial Express:
Good, better, best...
The soft-spoken NR Narayana Murthy, Chairman of the Board and Chief Mentor, Infosys Technologies, finally decides to pen down some of his marvellous experiences and thought-provoking ideas in his book, A Better India: A Better World. As he flips the pages of his book, he unveils some of his thoughts in a free-wheeling conversation with Ayushman Baruah
•To start with the obvious, why did you choose to write a book? What is the key idea behind it?
This is not so much of writing a book as it is putting together a few of my speeches based on a certain focus and theme. It reflects some ideas that I have spoken at various points of time on the framework of my philosophy of economic and social development. In the introduction section of my book, I spoke of three pieces in the development puzzle. The first is the ability of the people to practice a certain value system, a certain work ethic, a certain aspiration, honesty and also decency.

For full story, click here

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