Sudha Murty had given Rs 10,000 to Narayana Murthy to set up Infosys. (Image: screengrab from video @CNBCTV18News/X)
NR Narayana Murthy expressed regret over his decision of not letting wife Sudha Murty join Infosys and said he has changed his position now.
“I was wrong. Now I don’t believe in this. I think what I was doing those days was wrong. I was wrongly idealistic and in some ways, I think, I was influenced a lot by the environment of those days,” Murthy told CNBC-TV18 in an interview.
A self-confessed Leftist, a 28-year-old Narayana Murthy had fallen in love with Sudha Kulkarni, an engineer who had stormed her way into what was formally Telco, now Tata Motors, becoming the first woman to work on the company’s shop floor.
In 1981, it was Sudha Murty who gave her husband Rs 10,000 as the seed capital to set up Infosys. The money came from her personal emergency fund.
When she asked to formally join Infosys, Narayana Murthy had turned her down, saying family members should not join the company.
“I had this feeling that good corporate governance means not bringing family into it because those days it was only family where all kinds of children used to come and run the company. There used to be violation of all laws,” Murthy, 77, said.
Admitting that his wife was more qualified than all the other founders of Infosys, the software icon said a discussion with a couple of professors of philosophy from two top universities of the world brought him to the realisation that he was wrong about not letting her join the company.
Asked if their son Rohan Murty would ever join Infosys, Murthy’s answer was an emphatic no.
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“He is even stricter that I am in these ideas. He will never that. Never,” Murthy said.
Rohan Murty, 40, is a computer scientist-turned-entrepreneur with a PhD from Harvard University and an undergraduate degree from Cornell University. He is the founder of Soroco, a data-based software firm that helps convert data into meaningful information that will help organisations address broken patterns of work across teams.
“First of all, I am just a shareholder in Infosys. I have not been consulted on any issue in Infosys since August 2017. It’s the right thing. He’s (Rohan) doing the way we all did. So, apart from being the largest shareholder family of Infosys, we have nothing else to do with Infosys."
Narayana Murthy regrets not letting Sudha Murty join Infosys: 'I was wrongly idealistic' - Moneycontrol
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