Wednesday, November 20, 2024

How to Prepare Your...

Opinions expressed by Entrepreneur contributors are their own....

Allstate Takes New Approach...

Allstate cut annual spending on corporate...

How One Entrepreneur Started...

Amazon, Google, Microsoft and other big...

Prepare for the Holidays...

Disclosure: Our...
HomeBusinessInfosys Cofounder, 78,...

Infosys Cofounder, 78, Doesn’t Believe in Work-Life Balance


N. R. Narayana Murthy says he used to arrive at the office at 6:20 a.m. and leave at 8:30 p.m. He worked 14 hours per day, six-and-a-half days per week for 30 years until he retired in 2011 at age 65.

Murthy is the 78-year-old co-founder of Infosys, an Indian technology firm with offices in 56 countries, including the United States. The company offers IT, consulting, and outsourcing services and employs more than 317,000 people worldwide.

Murthy went viral last year for stating that young people in India should work 70 hours per week, even though doing so breaks Indian labor laws. Then, at CNBC’s Global Leadership Summit earlier this month, Murthy refused to back down from his earlier statement and said, “I don’t believe in work-life balance.”

He added that he was “a little bit disappointed” in 1986 when India cut the work week from six days a week to five.

“I was not very happy with that,” he said. He then addressed the 70-hour workweek controversy stating, “I am sorry, I have not changed my view.”

He added that he was “very proud” of putting in 14-hour days at the office, 6.5 days per week.

“Therefore I am not going to take it back,” Murthy said, referring to his 70-hour workweek statement.

Murthy started Infosys in 1981 with six other co-founders and $250 in starting capital.

Infosys became the first India-registered company to be listed on NASDAQ in 1999 and now has a market capitalization of over $92 billion.

Infosys brought in over $18 billion in revenue in fiscal year 2024.

Related: The Case for 14-Hour Workdays — Why New Entrepreneurs Should Embrace the Hustle Before Seeking Work-Life Balance



Continue reading

Two brothers were indicted for running a streaming service with live NFL, NBA, and NHL games—for as little as $10 a month

A Brooklyn federal grand jury handed down an indictment last week accusing two brothers—one in New York and another in Bangladesh—of running an allegedly illegal sports and video streaming service known as 247TVStream.  Noor Nabi Chowdhury, 56, of Cheektowaga,...

21 Top AI Tools for Content Creation in 2025

As a content creator, I spend a lot of time creating videos, graphics, and slides for speaking engagements. It takes up a lot of time, and I've found...

7 Common Things You Should Never Buy New

Buying the latest gadgets and newest toys can be rewarding, but you can get the same satisfaction—and significant savings—by purchasing items gently used. While not everything should be bought secondhand, some items are...