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Narayana Murthy's key suggestions to strengthen Indian startups

Livemint

Livemint · 1y ago

Narayana Murthy's key suggestions to strengthen Indian startups

Infosys co-founder N R Narayana Murthy recently shared advice for Indian startups, emphasizing the need for raising domestic capital funds and retaining talent. He suggested creating attractive policies to encourage domestic institutions to invest in venture capital funding. Additionally, he highlighted the importance of earning respect from various stakeholders, including customers, employees, and government, through good corporate governance practices. Murthy also emphasized the role of the English language in leveraging STEM knowledge for solving societal problems and driving India's prosperity.

Related News

After 90 hour work week row, Elon Musk’s weekend work reply gains steam, Nilesh Shah questions: ‘will he get memes or…?’ | Company Business News

Livemint

Livemint · 6m ago

After 90 hour work week row, Elon Musk’s weekend work reply gains steam, Nilesh Shah questions: ‘will he get memes or…?’ | Company Business News

Elon Musk reignited the 90-hour workweek debate by criticizing government employees for not working weekends, describing it as a "superpower." Kotak Mahindra AMC's Nilesh Shah questioned whether Musk will face memes or accolades for this comment, similar to past reactions towards SN Subramanyan and Narayana Murthy's workweek suggestions. Musk's post spurred varied social media responses, with agreements and criticisms, reflecting differing views on work-life balance and the feasibility of extensive work schedules.

Marico's Harsh Mariwala takes a dig at Narayana Murthy's 70 hr-work week remark

Livemint

Livemint · 1y ago

Marico's Harsh Mariwala takes a dig at Narayana Murthy's 70 hr-work week remark

Harsh Mariwala indirectly criticized NR Narayana Murthy's recent remark about working 70 hours a week. Mariwala emphasized the importance of ensuring that every person in the organization is motivated to work those hours. He also discussed his approach to recruitment, focusing on internal drive for success, cultural alignment, and problem-solving abilities. Murthy's comment had sparked debates on social media about productivity and compensation. He had advised Indian workers to increase productivity in order to compete with countries like Japan and China.

Rules limit us: Infosys' Murthy on alumni not donating in India

Internet

Internet · 1y ago

Rules limit us: Infosys' Murthy on alumni not donating in India

Billionaire Infosys founder Narayana Murthy addressed the media at an Infosys Science Foundation. He criticised rules stopping entrepreneurs from donating shares to academic institutions, citing his wife Sudha Murthy's failed 1995 attempt. His colleague Kris Gopalakrishnan called for learning from the US universities. Murthy recalled his failed attempt to donate shares to IIT Kanpur in 1990s.

Not working 70 hrs a week may not get you biggest house or car: Billionaire Khosla

Twitter · 1y ago

Not working 70 hrs a week may not get you biggest house or car: Billionaire Khosla

Billionaire venture capitalist Vinod Khosla said, "Not working 70 hrs/wk may not get you the biggest house or car to show to your neighbours, but you can make that choice." He was responding to an X user's question on NR Narayana Murthy suggesting 70-hour work week. Khosla added, "People who 'felt attacked' by [Murthy's suggestion] need mental health therapy."

Ola CEO Bhavish Aggarwal wants Indians to work hard, social media users react | Mint

Livemint

Livemint · 11m ago

Ola CEO Bhavish Aggarwal wants Indians to work hard, social media users react | Mint

Ola CEO Bhavish Aggarwal has stated that Indians, especially in the tech industry, need to work harder. This comes in response to a comment made by Deutsche Bank CEO Christian Sewing, who urged Germans to work harder for economic improvement. Aggarwal's statement received mixed reactions on social media. He has previously supported Narayana Murthy's stance on the 70-hour workweek and disclosed that he personally works 20 hours daily. Aggarwal believes that pushing boundaries, innovating, and striving for excellence are crucial in the Indian tech industry.

Bill Gates' perspective on work-life balance contrasts with Murthy's stance

Livemint

Livemint · 1y ago

Bill Gates' perspective on work-life balance contrasts with Murthy's stance

Bill Gates reflects on his past belief that vacations and weekends were not significant but changed his perspective as he grew older and became a father. He emphasizes the importance of work-life balance and the wisdom gained from witnessing his children's growth. This stands in contrast to NR Narayana Murthy's call for extended work hours, prompting discussions on appropriate working hours for younger generations.

‘How long can you stare at your wife?’: L&T chief advocates 90-hour work week

Economic Times

Economic Times · 7m ago

‘How long can you stare at your wife?’: L&T chief advocates 90-hour work week

Larsen & Toubro (L&T) chairman, S N Subrahmanyan, has stirred controversy by advocating for a 90-hour work week, emphasizing Sunday work. His remarks, captured in an undated internal meeting video, drew criticism online, echoing earlier debates triggered by Infosys founder Narayana Murthy's 70-hour work week suggestion. Subrahmanyan's rationalization, questioning the value of time spent at home versus work, was met with backlash, particularly over expectations on low-paid employees.

Narayana Murthy defends 6-day workweek, sparks debate; netizens say ‘If paid enough then…’

Livemint

Livemint · 9m ago

Narayana Murthy defends 6-day workweek, sparks debate; netizens say ‘If paid enough then…’

Infosys co-founder NR Narayana Murthy expressed his support for a six-day workweek during a recent discussion. Murthy previously advocated for working 70 hours a week and expressed regrets about transitioning from a six-day to a five-day workweek in 1986. He praised Indian Prime Minister Narendra Modi for allegedly working 100 hours a week and emphasized the importance of showing appreciation for one's work. However, Murthy's views received criticism from netizens, who argued for work-life balance and fair compensation. Some pointed out that enjoying life and receiving adequate pay should also be considered.

I would leave it to the individual: Infosys co founder Kris Gopalakrishnan on working 70 hours a week

Money Control

Money Control · 1y ago

I would leave it to the individual: Infosys co founder Kris Gopalakrishnan on working 70 hours a week

Infosys co-founder Kris Gopalakrishnan has commented on the debate surrounding working 70 hours a week in India. He believes it is up to each individual to decide, while emphasizing the importance of improving work productivity and investing more in research. Gopalakrishnan's remarks come in the wake of controversy stirred by Infosys founder NR Narayana Murthy's statement advocating for a 70-hour workweek to compete with other economies. Gopalakrishnan himself admitted that he probably works 70 hours a week.

Capgemini CEO reignites work-life balance debate with 47.5-hour work week comment

Economic Times

Economic Times · 6m ago

Capgemini CEO reignites work-life balance debate with 47.5-hour work week comment

Capgemini India's CEO, Ashwin Yardi, suggests a 47.5-hour workweek, sparking debate against Infosys co-founder N R Narayana Murthy's earlier call for a 70-hour week, which stirred up discussions on corporate work conditions. Murthy and L&T's S N Subrahmanyan advocate for longer workweeks, while Wipro's Rishad Premji highlights work-life balance. The debate extends to startup founders like Ola’s Bhavish Aggarwal supporting longer hours for economic growth, whereas Namita Thapar strongly opposes excessive work demands.

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