June 26, 2013 5:02:26 am
Less than a month after returning to Infosys as executive chairman,NR Narayana Murthy has sounded out former right hand man Nandan Nilekani to join him at the company they founded with five others in 1981. Nilekani,chairman of the UIDAI,and MD & CEO of Infosys between March 2002 and June 2007 and co-chairman of the board thereafter,refused to comment. NRN has also sought out TV Mohandas Pai,former HR head at Infy; Pai declined a response.
Since his return to Infosys on June 1,bringing son Rohan along as executive assistant,NRN has been calling former team-mates to check if they would like to work with him. He is determined to rejuvenate the firm,announcing wage hikes and strategising on M&A to use the firms large cash reserves. The Street has welcomed NRNs return,confident it would boost employee morale,but analysts realise chances of him being able to turn around Infosys arent very high. For one,NRN is 67 and has been away from an executive position for seven years,during which the environment has turned more competitive and Infosys weaker. With Nilekani and Pai at his side though,it could be a different story.
📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.