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Journalism of Courage
NR Narayana Murthy could not have wished for a better welcome than a good performance in the quarter that saw his return to Infosys in an executive role.
While the superior performance by the company in the quarter ended September 2013 has been driven by growth in volume and addition of new clients including five big clients during the quarter,NR Narayana Murthys presence has rejuvenated the company even though his steps may take some time to fructify.
While a period of one quarter may be too early to appraise NR Narayana Murthys impact on companys fortunes,experts closely watching the company,say that there has been a huge change in the morale of the companys employees.
Raamdeo Agrawal,co-founder of Motilal Oswal said that top officials at have privately admitted that there has been a big change in sentiment within the company with NR Narayana Murthys arrival.
The company is now bidding aggressively for projects and even its competitors are admitting that they have not seen such aggressiveness from Infosys in a long time, said Agrawal,adding that he would give one year to NR Narayana Murthy. While he Murthy has given himself three years for the turn around,I think by June next year he should show some visible change.
There are others who buy this argument. Steps announced by NR Narayana Murthy show the intent and will be good for the company going forward but we will have to see how they are executed, said a leading expert who did not wish to be named as he is a consultant with several IT companies. He also said that this quarters performance is one off and it needs to be seen if the company can sustain it over the next couple of quarters.
