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News Update as at 18.00 hrs (IST)

General
`Want to become much more respectable,' says Murthy

BANGALORE: In its 25th year of operations, software major Infosys said it was seeking to become a ''much more'' respectable and global company with a truly multi- cultural and multi-ethnic workforce.

Going down memory lane on the silver jubilee year of the company, which made a humble beginning in 1981, the Bangalore- based firm's Chairman and Chief Mentor N R Narayana Murthy said: "Our eternal desire is to become more and more respectable."

"When we set out we didn't set any benchmarks in terms of revenues, profits, market capitalisation and stock price," he said at a press meet here. "What we did say from day one was we will seek respect from companies, employees, vendor partners, investor s and the society."

"I am glad that 50,000-plus team of Infosys people have embraced this philosophy and now it has become part of the DNA," said Mr Murthy.

He recalled that while he was in Bulgaria in 1974, he was deeply disillusioned with Communism and Leftist ideology and realised that entrepreneurship, free enterprise and opportunity for everyone would perhaps be the best model.

He said in the last 25 years, Infosys had several ''wonderful moments'', including when it won its first customer, imported its first computer and listing of stocks in the BSE and Nasdaq. - PTI

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