the birth of infosys

 clipped from www.moneycontrol.com

Learn entrepreneurship the Infosys way!

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2008-06-06 20:52:22 Source : News Bulletins/CNBC-TV18
                                                (Interview Transcript)

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, from its Nasdaq listing to its USD 1 billion in profits, makes headline news. But the story that still fires the imagination is the genesis and how it all started in a 10x10 room 27 years ago. NR Narayanamurthy is the man who started Infosys.

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Excerpts from CNBC-TV18's exclusive interview with NR Narayanamurthy:

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Q: One of the reasons that compelled you to start Infosys in 1981 was that you wanted to experiment with your version of the enterprise, entrepreneurship, capitalism and it was your rejection of Leftism, socialism and economic system. Take us through why that intellectual premise occurred.

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Secondly, it is not the responsibility of the government to create an environment where there is incentive for more and more people to become entrepreneurs.

Charminar Express

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top job news

 clipped from news.defaultrisk.efinancialcareers.com

eFC Briefing: Dubai, Mumbai, Hong Kong

May 28 2008

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Lehman gears up for Middle East growth, but downsizes elsewhere. Credit Suisse relocates global FIG head to Hong Kong, and launches an onshore wealth management operation in India. Thomson Reuters merger said to cost 1,500 jobs. JPMorgan reportedly let go some 200 investment bankers due to market conditions, not the Bear Stearns takeover.

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Lehman Brothers announced its second top-level Middle East appointment in a month, naming Philip Lynch as chief executive officer for the Middle East and North Africa. Lynch, who co-led Lehman's equities business in Europe and the Middle East, will relocate from London to Dubai. The other equities co-head, Rachid Bouzouba, was named sole head of equities for Europe and the Middle East. Current Middle East chief Jameel Akhrass becomes vice chairman for the Middle East and North Africa, but remains Middle East investment banking chief.

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