Narayana Murthy Bids Goodbye to Infosys

By siliconindia | Friday, 19 August 2011, 22:46 IST | 37 Comments

In the annual report of the company Murthy made very emotional revelation of facts that occurred during his association with Infosys and said, "I have been the number one actor in all major decision taken in the company. I have rejoiced every significant milestone of the company. I have commiserated in every false step that the company has taken. The best analogy that I can think of for this separation between Infosys and me is that of a daughter getting married and leaving her parents home. Yes, the parents will be there when she needs them and they will be happy that she is starting a new life in an exciting new environment."

During his journey in Infosys Murthy has experience various ups and downs. He said, "There have been some moments of great dilemmas and sadness too. Biding goodbye to perhaps the brightest co-founder colleagues in early in the journey was disheartening." Another setback that came on his way was in 1990 when Infosys was on the verge of winding up. Five of the founders of Infosys met in a small office in a Bangalore suburb and the decision at hand was the possible sale of Infosys for the a sum of $1 million and Murthy offered to buy the equities from the others founders although he did not have a single cent in his hand.

Murthy was born on August 20, 1946 in Karnataka. His father was teacher in a high school and he belonged to poor family. He wanted to pursue engineering from Indian institute of technology. For entrance test they did not had any coaching classes and used to study in a stone Mantap. Mr. Murthy obtained his engineering degree (BE) from University of Mysore in 1967. In 1969, he went on to attend the Indian Institute of Technology (IIT, Kanpur) for his master's degree (M Tech). Infosys' journey started with an initial capital investment of