Venkateswara Rao Patakota’s Post

Yes - the tech companies are still paying peanuts to entry level and experienced resources below manager or senior manager level, while the higher management has seen spike in the salaries over the years. Let us not talk about chargeability for overtime- no company in India is actually giving salary for overtime forget about acknowledging that effort through variable pays or even annual hikes ! Companies barely match the annual inflation just to keep the employees. There’s huge pay parity between employees hired from tier 1 campuses and those hired from tier 2 campuses or laterals ! Everywhere it’s the same situation - it’s not just limited to Infosys. While India is growing economically, the actual benefits will also be seen only by limited number of people who govern the businesses- and that’s what the corporate governance is all about!

Infosys' former CFO T.V Mohandas Pai responded to a man named "Abhijit Iyer-Mitra" who criticised the company after its co-founder NR Narayana Murthy said youngsters in India should work for 70 hours a week. "You do not know what Infosys nor what they do," Pai replied. "When you build a $20 billion revenue company, open your mouth. Until then, please shut up," he added. #infosys #hardwork #company #youngsters #success #technology #Indianstartupnews

Narayana Murthy just gifted his 4-month-old grandson 240 crores!! Imagine waking up one morning to find out you've suddenly become India's youngest millionaire simply because you were born into the right family (Not being jealous here :) So, N. R. Narayana Murthy, the tech billionaire, has just gifted his 4-month-old grandson 240 crores in Infosys shares. We're talking about 15 lakh shares here, which is roughly 0.04% of the company. Assuming he gets the regular amount of dividend that Infosys pays every year, which is: ₹50 / share. 15 lac shares x ₹50 / share = 7.5 crores Literally making 7.5 crores just in passive income every year 🤯 The best part is that the money will grow with him as Infosys’ share price increases 📈 even further, so he’ll get a lot more than 240 Cr when he decides to cash out. All of this just made me wonder what you can actually do with this much money? Let’s see! You could: 🌆 Buy a penthouse in Manhattan 🚗 Buy a 100 Ferraris 🛩 Buy about 10 private jets 🤠 Hire 6000 freshers for Infosys :) Let’s keep this going in the comments, what would you do with this much money? #infosys #narayanamurthy #240cr

Rohith K/||-B.Com(CA)-'B'/ Articles about Infosys #snsinstitutions #snsdesignthinkers #designthinking 𝗜𝗡𝗙𝗢𝗦𝗬𝗦          Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys is the 𝐬𝐞𝐜𝐨𝐧𝐝-𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐈𝐧𝐝𝐢𝐚𝐧 𝐈𝐓 𝐜𝐨𝐦𝐩𝐚𝐧𝐲, after Tata Consultancy Services, by 2020 revenue figures. On 24 August 2021, Infosys became the fourth Indian company to reach US$100 billion in market capitalization. It is one of the top Big Tech (India) companies. 𝗛𝗶𝘀𝘁𝗼𝗿𝘆         Infosys was founded by seven engineers in Pune, Maharashtra, India. Its initial capital was $250. It was registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated to Bangalore, Karnataka.  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.[10] It was renamed Infosys Limited in June 2011. An initial public offering (IPO) was floated in February 1993 with an offer price of ₹95 (equivalent to ₹690 or US$8.60 in 2023) per share against a book value of ₹20 (equivalent to ₹150 or US$1.80 in 2023) per share. The IPO was undersubscribed but it was "bailed out" by US investment bank Morgan Stanley, which picked up a 13% equity stake at the offer price. Its shares were listed in June 1993 with trading opening at ₹145 (equivalent to ₹1,100 or US$13 in 2023) per share. Infosys shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts (ADR). It became the first Indian company to be listed on Nasdaq.[citation needed] The share price surged to ₹8,100 (equivalent to ₹35,000 or US$440 in 2023) 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.The ADR listing was shifted from Nasdaq to NYSE Euronext to give European investors better access to the company's shares.  In July 2010, then-British Prime Minister David Cameron visited Infosys HQ in Bangalore and addressed Infosys employees.

I reciprocate the feelings of Former CFO Mr Pai; to all GenZ and Millienials looking for work-life balance & quick money; empowerment talks & are trolling Mr Murthy for his ‘70 hour a week’ comment please talk only when you have built a company as large as $ 20 Bn or equivalent in professional capacity. It doesn’t happen without putting in your sweat; blood and your soul into your startup.

Chairman of Infosys Narayan Murthy gave INR 240 crore shares in the name of his 4-year-old grandson. 😱 Meanwhile, I wake up in the morning and go to the office with great punctuality and get a little wage by doing corporate labour. 🙂 So, finally the bitter truth is : JOBS BUILD A FAMILY & BUSINESS BUILD GENERATIONS.🔥 Feel free to comment down your thoughts !!! 👇 #narayanmurthy #infosys #corporatejobs #business #businessmindset #jobsvsbusiness #hustlers

𝗜𝗻𝗳𝗼𝘀𝘆𝘀 𝗖𝗘𝗢 𝗦𝗮𝗹𝗶𝗹 𝗣𝗮𝗿𝗲𝗸𝗵'𝘀 𝗣𝗮𝘆 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝘀 𝟭𝟳% 𝘁𝗼 $𝟳.𝟵 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗙𝗬 𝟮𝟬𝟮𝟰 Infosys CEO Salil Parekh's compensation rose 17.3% to 662.4 million rupees ($7.9 million) in FY 2024, driven by increased stock options exercised. His fixed pay was 74.7 million rupees, with 197.5 million rupees in bonuses and incentives. Despite the slowest revenue growth in Infosys's history, Parekh remains one of the highest-paid Indian IT CEOs. In comparison, TCS CEO earned 253.6 million rupees, the lowest among top Indian IT firms. #finance #news #Infosys #CEO #ITIndustry Source:- https://lnkd.in/dnAQgixs

The first Indian company to be listed on NASDAQ Recently I read a book biography of Mr.Narayana Murthy, here I've pointed out some information that helps entrepreneurs. Every Entrepreneur dreams of making the company stand in the global market. But they are struggling to do that. Here is one real example of how a company achieved that. → Industry Experience   ↳ Before founding Infosys, Mr. Narayanamurthy gained valuable experience working at the Patni system, where he learned a lot about various industries. → Building a Team   ↳ Narayanamurthy carefully selected a group of like-minded individuals, including Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, and Ashok Arora, to join him in starting Infosys. → Financial Support   ↳ Sudha Narayanamurthy played a crucial role by continuing her job at the TATA Group, which provided financial stability to Infosys in its early days. → Overcoming Technological Challenges:   ↳ In the beginning stage, Infosys faced obstacles like waiting three years to get their first computer and using public telephones for client communication. But they persisted and pushed through. → Innovation and Hard Work:    ↳ Starting from small apartments in Pune, Infosys showed dedication and innovation, delivering exceptional service to its clients. → Recognition and Success:    ↳ After ten years of hard work, Infosys finally gained recognition in the market. In 1993, it made history by becoming the first Indian company to be listed on NASDAQ. #SMDC #webdevelopment #2To2000Employees #ClientSuccessIsOurTrueSuccess

Indian IT company Infosys reported a decrease of 7,530 employees in its headcount for Q2 FY24. The company's total employee count as of September 2023 was 328,764, representing a decline compared to the same quarter of the previous year. Despite the challenging macroeconomic conditions, Infosys reported a 3% year-on-year increase in net profit, reaching Rs 6,212 crore, and a 6.7% rise in revenue, reaching Rs 38,994 crore in Q2. CEO Salil Parekh highlighted the company's achievement of its highest large deals value at $7.7 billion and expressed ongoing client interest in AI products and services. CFO Nilanjan Roy mentioned a 9.1% year-on-year growth in earnings per share. #Infosys #NilanjanRoy #Parekh #Generative #Ai #Board #Rs6212Crore #Topaz #MdSalilParekh

From Humble Beginnings to Global Impact: Infosys Narayana Murthy's Story #Inspirationalstory #Talent #Hardwork #Dedication #Passion #Socialservice #simplelinvinghighthinking Skill Arbitrage Vriti Yadav Narayana Murthy, co-founder of Infosys, exemplifies how hard work, dedication, and talent can overcome adversity. Born in 1946 in Karnataka, India, Murthy faced financial constraints but was instilled with values of education and perseverance. He graduated from the National Institute of Engineering, Mysore, and earned a master’s degree from the Indian Institute of Technology, Kanpur, fueling his passion for technology. In 1981, with INR 10,000 borrowed from his wife, Sudha Murthy, Murthy co-founded Infosys with six colleagues. The early days were challenging due to a lack of funding and infrastructure. Despite these obstacles, Murthy's vision and determination kept the team motivated. Sudha Murthy’s support was crucial, as she managed the household and provided the initial capital, enabling Murthy to focus on Infosys. Infosys's breakthrough came in the early 1990s with India’s economic liberalization. Murthy’s strategic foresight positioned Infosys to capitalize on the global IT outsourcing market. Under his leadership, Infosys pioneered the Global Delivery Model, setting industry benchmarks. The company grew rapidly, earning a reputation for excellence, innovation, and ethical business practices. Murthy’s philosophy of "simple living and high thinking" shaped Infosys’s culture. Despite the company’s success, he remained grounded, emphasizing transparency, meritocracy, and social responsibility. These values ensured Infosys thrived financially and positively impacted society. Murthy’s story extends beyond corporate success; it’s about the values of integrity, excellence, and humility. Even after stepping down as CEO, he continued to inspire as a mentor and advocate for ethical business practices and social justice. His journey underscores that success is not just about wealth or fame but about creating value, staying true to principles, and making a positive societal impact. The story of Narayana Murthy and Infosys highlights the transformative power of simple living and high thinking. It teaches that success, grounded in vision, hard work, and the right values, is achievable. Murthy’s rise from a small-town boy to a global business icon demonstrates that with determination and principles, anything is possible.